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Crypto Trading Launches On The Sarwa App

Sarwa comes with a number of useful features to help its users trade more comfortably, including daily and weekly investing news, watchlists, as well as limit and stop orders.

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crypto trading launches on the sarwa app
Sarwa

With the global economic outlook not showing any signs of recovery, there are increasingly many people who are looking to diversify their investment portfolios to protect their money from the painful bite of inflation.

Despite the risks associated with them, cryptocurrencies can provide a better return on investment than the stock market, but getting started with them can be a challenge.

Now, Sarwa, a personal finance and investment platform, is making crypto trading more accessible with the launch of Sarwa Crypto, a commission-free trading platform with support for Bitcoin, Ether, Litecoin, and Bitcoin Cash.

By launching Sarwa Crypto, Sarwa Digital Wealth (Capital) Limited, the company behind the platform, gives its users even more options to invest their money.

“Having access to investing in a simple, regulated, and low-cost environment should be a priority and available for all in the region,” said Mark Chahwan, co-founder and CEO of Sarwa. “There is a significant amount of interest around cryptocurrency in the GCC, even with the recent market development. Yet you didn’t have a platform that offered a centralized view of stocks, ETFs, and crypto in one safe, innovative and easy-to-use app. You do now.”

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In addition to making it easy to buy and sell cryptocurrencies, Sarwa comes with a number of useful features to help its users trade more comfortably, including daily and weekly investing news, watchlists, as well as limit and stop orders.

The platform has been designed from the ground up with security in mind, and it protects user data with 256-bit encryption. What’s also reassuring is that Sarwa is regulated by both the Dubai Financial Services Authority (DFSA) and the Financial Regulatory Services Authority (FSRA).

For its services, Sarwa charges its users a flat fee of 0.85%, 0.7%, or 0.5% per year, depending on how much they trade, and there are no hidden surprise fees or lock-in periods to worry about.

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ABB E-mobility Delivers Its Millionth EV Charger

Continued growth has been facilitated by doubling production capacity after the launch of the company’s new DC fast charger facility in Valdarno, Italy.

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abb e-mobility delivers its millionth ev charger
ABB

ABB is a leader in electrification and automation solutions and has just announced the delivery of its millionth electric vehicle charger — the latest milestone in the company’s ongoing mission to create an emission-free future using smart and reliable EV charging solutions.

ABB currently boasts a presence in over 85 markets. After the launch of the company’s new $30 million, 16,000 squared meter production facility in Valdarno, Italy, production capacity has doubled over the last two years. The cutting-edge manufacturing plant recently set a new benchmark for the EV sector, producing a fast charger unit every 20 minutes, thanks to the high-tech factory’s seven simultaneous production lines.

abb e-mobility ev charger factory

“While our continual investment in research and development shows our ongoing commitment to enhance the field of e-mobility, the global delivery of these solutions at scale is integral to the realization of our goals. I want to thank our customers globally for their continued collaboration in hitting this one millionth charger milestone. I look forward to the millions yet to come, and to the cleaner, greener world they will help create,” says Frank Mühlon, ABB E-mobility CEO.

In the United Arab Emirates, ABB has installed over 80 fast and high-power DC charging stations, making it one of the largest projects from a single brand in the region. The biggest station is in Yas, Abu Dhabi, and offers 20 DC fast and high-power chargers for owners of emissions-free vehicles.

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“We are proud that ABB chargers are today powering electric vehicles across strategic locations in the country, including the sites of the Dubai Utility provider, DEWA, and Abu Dhabi National Oil Company. Most of the car manufacturers and dealers in the UAE have ABB chargers in their showrooms and as well as car parking areas. We are confident ABB’s technical know-how, products, and research in the field of E-Mobility will continue to support the decision-makers in the Middle East to drive the transition to an emission-free future,” says Ahmed Abdu, E-mobility division lead, MENA region.

In addition to its Italian facility, ABB E-mobility has continued its global expansion. Earlier this month, the company announced a new United States facility that will eventually turn out over 10,000 chargers per year for the public sector, providing power to school buses and other fleets. As well as expansion into the USA, ABB E-mobility’s stake in Chinese charging provider, Chargedot, opens up another lucrative market for the EV charging giant.

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