Bazaar Times
@bazaartimes.bsky.social
Global Business, Emerging Technologies, Startups News. Turkiye & UAE Business News
www.bazaartimes.com
www.bazaartimes.com
Hotel101 Global—a unit of DoubleDragon, which is jointly owned by Philippine fast food giant Jollibee founder Tony Tan Caktiong and real estate tycoon Edgar Sia II—is expanding into Saudi Arabia with plans to build 10,000 rooms worth $2.5 billion amid a travel boom.
May 31, 2025 at 1:45 PM
Hotel101 Global—a unit of DoubleDragon, which is jointly owned by Philippine fast food giant Jollibee founder Tony Tan Caktiong and real estate tycoon Edgar Sia II—is expanding into Saudi Arabia with plans to build 10,000 rooms worth $2.5 billion amid a travel boom.
Crypto: Public companies have acquired approximately 95,000 #Bitcoins, with an average value of $9.5 billion, since the start of 2025, and are currently raising additional billions to expand their holdings.
May 31, 2025 at 1:44 PM
Crypto: Public companies have acquired approximately 95,000 #Bitcoins, with an average value of $9.5 billion, since the start of 2025, and are currently raising additional billions to expand their holdings.
A $7 billion strategic cooperation agreement for energy ⚡️🏭infrastructure development in #Syria 🇸🇾 was finalized in the presence of President Ahmed Shara.
May 30, 2025 at 9:43 PM
A $7 billion strategic cooperation agreement for energy ⚡️🏭infrastructure development in #Syria 🇸🇾 was finalized in the presence of President Ahmed Shara.
🚨 Thailand 🇹🇭 will block OKX, Bybit, 1000x, and XT, among other exchanges, by the end of June due to their lack of operating licenses.
May 30, 2025 at 9:42 PM
🚨 Thailand 🇹🇭 will block OKX, Bybit, 1000x, and XT, among other exchanges, by the end of June due to their lack of operating licenses.
Affirmations of Hong Kong's 🇭🇰 credit ratings by Fitch, S&P, and Moody's, all with stable outlooks, underscore the region's economic resilience and positive prospects amidst global economic uncertainty, a Chinese foreign ministry spokesperson stated.
May 30, 2025 at 9:42 PM
Affirmations of Hong Kong's 🇭🇰 credit ratings by Fitch, S&P, and Moody's, all with stable outlooks, underscore the region's economic resilience and positive prospects amidst global economic uncertainty, a Chinese foreign ministry spokesperson stated.
🚨 Fitch Ratings' latest report projects a moderate correction in #Dubai's residential real estate prices during the second half of 2025 and into 2026, following this year's peak. However, price declines are anticipated to remain within a 15% limit.
May 30, 2025 at 9:42 PM
🚨 Fitch Ratings' latest report projects a moderate correction in #Dubai's residential real estate prices during the second half of 2025 and into 2026, following this year's peak. However, price declines are anticipated to remain within a 15% limit.
Türkiye 🇹🇷: Türkiye's economic growth decelerated to 2% in the first quarter of 2025, below the projected 2.3% rate.
• Türkiye's economy ended last year with 3% growth in the fourth quarter of 2024
• Türkiye's economy ended last year with 3% growth in the fourth quarter of 2024
May 30, 2025 at 9:41 PM
Türkiye 🇹🇷: Türkiye's economic growth decelerated to 2% in the first quarter of 2025, below the projected 2.3% rate.
• Türkiye's economy ended last year with 3% growth in the fourth quarter of 2024
• Türkiye's economy ended last year with 3% growth in the fourth quarter of 2024
US 🇺🇸: The core PCE, a key inflation indicator closely watched by the US Federal Reserve, met market expectations in April, both monthly and annually. The core PCE rose 0.1% monthly and 2.5% annually, aligning with analyst predictions.
May 30, 2025 at 9:41 PM
US 🇺🇸: The core PCE, a key inflation indicator closely watched by the US Federal Reserve, met market expectations in April, both monthly and annually. The core PCE rose 0.1% monthly and 2.5% annually, aligning with analyst predictions.
President Recep Tayyip Erdoğan stated his intention to continue advocating for an interest-free economic system.
May 30, 2025 at 9:40 PM
President Recep Tayyip Erdoğan stated his intention to continue advocating for an interest-free economic system.
#TSMC is considering the construction of an advanced chip manufacturing facility in the UAE and has held discussions on this possibility with MGX
May 30, 2025 at 9:40 PM
#TSMC is considering the construction of an advanced chip manufacturing facility in the UAE and has held discussions on this possibility with MGX
🚨 #Akia, an Iranian-Turkish bus manufacturer and its subsidiaries, the winners of the #IstanbulMunicipality bus and metrobus tender, have declared bankruptcy. Since commencing operations in Türkiye in 2014, Akia supplied a substantial number of large buses to Istanbul municipality and other clients
May 30, 2025 at 9:40 PM
🚨 #Akia, an Iranian-Turkish bus manufacturer and its subsidiaries, the winners of the #IstanbulMunicipality bus and metrobus tender, have declared bankruptcy. Since commencing operations in Türkiye in 2014, Akia supplied a substantial number of large buses to Istanbul municipality and other clients
Binghatti Holding, a prominent UAE real estate developer renowned for its luxury branded residences, announces the acquisition of a freehold plot in #Dubai's prestigious Meydan district.
May 29, 2025 at 12:08 PM
Binghatti Holding, a prominent UAE real estate developer renowned for its luxury branded residences, announces the acquisition of a freehold plot in #Dubai's prestigious Meydan district.
Worldpay, a leading payments and banking services provider, and #BVNK, a multi-rail payments infrastructure platform, are collaborating to facilitate global business utilization of #stablecoins for payouts.
May 29, 2025 at 12:07 PM
Worldpay, a leading payments and banking services provider, and #BVNK, a multi-rail payments infrastructure platform, are collaborating to facilitate global business utilization of #stablecoins for payouts.
European 🇪🇺 equities are projected to experience modest growth by the close of 2025, followed by substantial gains in 2026. This positive outlook is attributed to anticipated monetary easing and increased fiscal spending, according to a Reuters poll
May 29, 2025 at 12:06 PM
European 🇪🇺 equities are projected to experience modest growth by the close of 2025, followed by substantial gains in 2026. This positive outlook is attributed to anticipated monetary easing and increased fiscal spending, according to a Reuters poll
A major Vietnamese automaker, THACO has proposed to build a government-initiated high-speed 🚄 railway project along the country's coast, representing a substantial investment of $61 billion.
May 29, 2025 at 12:05 PM
A major Vietnamese automaker, THACO has proposed to build a government-initiated high-speed 🚄 railway project along the country's coast, representing a substantial investment of $61 billion.
Nigeria 🇳🇬: A developer envisions creating a luxurious residential option in a major West African city, similar to developments in the UAE.
May 29, 2025 at 12:04 PM
Nigeria 🇳🇬: A developer envisions creating a luxurious residential option in a major West African city, similar to developments in the UAE.
Brand Finance reveals top 50 luxury & premium brands reach $317.0 billion brand value.
📌 Porsche is world’s most valuable luxury and premium brand for eighth year running
📌 Chanel is fastest-growing luxury and premium brand in 2025, surpassing Louis Vuitton
📌 Porsche is world’s most valuable luxury and premium brand for eighth year running
📌 Chanel is fastest-growing luxury and premium brand in 2025, surpassing Louis Vuitton
May 29, 2025 at 12:03 PM
Brand Finance reveals top 50 luxury & premium brands reach $317.0 billion brand value.
📌 Porsche is world’s most valuable luxury and premium brand for eighth year running
📌 Chanel is fastest-growing luxury and premium brand in 2025, surpassing Louis Vuitton
📌 Porsche is world’s most valuable luxury and premium brand for eighth year running
📌 Chanel is fastest-growing luxury and premium brand in 2025, surpassing Louis Vuitton
🚨 A U.S. trade court blocks most Trump tariffs and has issued a ruling that the president's imposition of universal import tariffs on goods from various trading partners constitutes an overreach of his executive authority.
May 29, 2025 at 12:02 PM
🚨 A U.S. trade court blocks most Trump tariffs and has issued a ruling that the president's imposition of universal import tariffs on goods from various trading partners constitutes an overreach of his executive authority.
🚨 Artificial intelligence is increasingly assuming entry-level positions previously held by human workers; a recent World Economic Forum survey indicates that 40% of employers plan to reduce staff in areas where #AI can automate tasks.
May 28, 2025 at 7:40 PM
🚨 Artificial intelligence is increasingly assuming entry-level positions previously held by human workers; a recent World Economic Forum survey indicates that 40% of employers plan to reduce staff in areas where #AI can automate tasks.
By 2030, it is projected that 60 percent of vehicle sales in #Türkiye will be electric vehicles 🚘🔋 according to EMobilite Operators Association (EMOD) President
May 28, 2025 at 7:40 PM
By 2030, it is projected that 60 percent of vehicle sales in #Türkiye will be electric vehicles 🚘🔋 according to EMobilite Operators Association (EMOD) President
🚨 Global consulting firm #McKinsey has cut more than 10% of its staff over the past 18 months, reflecting a sharp slowdown in revenue growth within the consulting sector.
May 28, 2025 at 7:40 PM
🚨 Global consulting firm #McKinsey has cut more than 10% of its staff over the past 18 months, reflecting a sharp slowdown in revenue growth within the consulting sector.
#Google announced #SignGemma, a state of the art model for translating sign language into text. The open-source model will join the Gemma model family later this year, expanding opportunities for inclusive technological advancements.
May 27, 2025 at 8:24 PM
#Google announced #SignGemma, a state of the art model for translating sign language into text. The open-source model will join the Gemma model family later this year, expanding opportunities for inclusive technological advancements.