Bitcoin exceeds $100 thousand for the first time

EU: Two million beneficiaries from Resilience Enhancement Program in eight governorates

The European Union mission in Yemen announced the conclusion of the final phase of the joint program to enhance resilience in rural areas of Yemen, which has benefited more than 2.3 million people in eight governorates.

Gaza Death Toll Rises to 55,297 Amid Ongoing Israeli Aggression

The death toll from the Israeli genocidal war on the Gaza Strip since October 7, 2023, has risen to 55,297, with 128,426 injured, the Ministry of Health in afflicted Palestinian enclave said. The majority of the victims are women and children.

U.S. President plans to increase tariffs on steel, aluminum imports

U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.

Saudi Al-Hilal FC Eliminated from FIFA Club World Cup After 2-1 Defeat to Fluminense

Saudi Al-Hilal FC has been eliminated from the 2025 FIFA Club World Cup after suffering a 2-1 defeat to Fluminense FC from Brazil in the quarterfinals. The match was held at the Camping World Stadium in Orlando, Florida.

Last Update: ، 2025/07/10 Time 11:56:56
Latest News:

Central Bank discusses establishing fast payment company

Foreign Minister Meets with Outgoing Mexican Ambassador

Minister Al-Zawri Discusses Capacity Building and Social Protection with UNHCR Representative

Ministry of Agriculture Signs MoU with Q Sun Foundation to Enhance Media Capacity

Government calls on countries, organizations to address environment disaster over "Magic Seas" sink

Bitcoin exceeds $100 thousand for the first time

[05/12/2024 12:09]

WASHINGTON-SABA
Bitcoin climbed above one hundred thousand dollars for the first time today, Thursday, amid expectations that the administration of US President-elect Donald Trump will provide a favorable regulatory environment for the cryptocurrency market.

Bitcoin jumped more than 5 percent to a new record high of $102888.

Bitcoin's value has more than doubled this year and jumped more than 50 percent since Trump's election victory on Nov. 5.

The rise in the value of Bitcoin has made it one of the biggest winners in so-called betting trades on Trump's policies.

President-elect Donald Trump announced on Wednesday that he had chosen Paul Atkins to head the U.S. Securities and Exchange Commission to replace outgoing Chairman Gary Gensler.