Please register to access this content.
To continue viewing the content you love, please sign in or create a new account
Dismiss
This content is for our paying subscribers only

Business Markets

$720m Bitcoin lost; Dubai road cuts travel time by 30%; Salik expands beyond Dubai; Unpaid staff demands travel ban against employer: Top trending stories this afternoon, November 28, 2024

Here are the top trending stories this afternoon you must not miss



The 8,000 bitcoins, which he says the key in the hard disk will lead him to, are now worth a staggering 569 million pounds, or roughly $720million.
Image Credit: Shutterstock

Lost and not allowed to search: $720m worth of bitcoins

His girlfriend dumped a hard disk containing the key to 'some bitcoins' he minted in a New Port landfill. He can’t blame her, because he had asked her to tidy up the place. This was in 2013. The 8,000 bitcoins, which he says the key in the hard disk will lead him to, are now worth a staggering 569 million pounds, or roughly $720million. He is fighting a losing battle against the Newport Council in Wales which has repeatedly denied his request to search the rubbish pile for the fortune.

Read more ➜


Upgrades have reduced travel time along Beirut Street heading towards the Airport Tunnel, as well as from Beirut Street to Baghdad Street and onwards to Sheikh Mohammed bin Zayed Road.
Image Credit:

New lane cuts travel time on this Dubai street by 30%

The Roads and Transport Authority (RTA) has completed traffic improvements on Beirut Street, adding a lane along a 3km stretch from its intersection with Al Nahda Street to Amman Street in the northbound direction. The upgrades align with the city’s sustainable urban growth and rising population, reaffirming RTA’s commitment to enhancing the profile of Dubai as a global leader in quality of life and well-being.

Advertisement

Read more ➜


The Salik services now is going beyond the borders of Dubai through the eWallet system.
Image Credit:

Salik offers its first services outside Dubai

Salik, the DFM-listed toll-gate operator, is extending its services beyond Dubai. It has entered a deal with Parkonic, one of the UAE's biggest privately-owned parking operator, whereby the latter will integrate Salik's eWallet system. The eWallet will be introduced to the 107 locations Parkonic operates and 'any other future locations it may operate in the UAE'.

Read more ➜

Advertisement

An employee says his visa has been cancelled but end-of-service benefits remain unsettled.
Image Credit:

Unpaid staff demands travel ban against employer

Question: I have now discovered that the company is closed and benefits remain unsettled. What is the appropriate action to be taken against the employer to claim my rights? Can I urgently demand travel ban against the employer and file a lawsuit against the company?

Answer ➜

Advertisement