The gold price decline in recent months has come as the US central bank started its hiking cycle
The market value of shares owned by foreign investors in Q1 2022 jumped 163 per cent to total Dhs131bn
The Indonesian government is one of the largest sukuk issuers on Nasdaq Dubai
In March, Multiply Group was added to the newly designed FTSE ADX 15 – the first index co-developed under the FTSE ADX partnership
The agreement will accelerate the geographical expansion of valU and provide digital finance solutions to consumers in Saudi Arabia through FAS Finance
This is a significant milestone for EFG Hermes, as it’s the firm’s first IPO on Boursa Kuwait where it has acted as a joint bookrunner for the offering
The rate of job creation in UAE was the quickest in seven months despite the inflation
The Public Investment Fund signed a subscription agreement that would involve it buying 63 million newly issued shares
Bitcoin and the rest of the cryptocurrency complex has struggled in recent months as the Federal Reserve hikes interest rates
The survey was commissioned by Checkout.com and conducted by YouGov, polling over a 1000 UAE residents during May 19 and May 24, 2022
This the largest-ever listing in Abu Dhabi’s history since ADNOC Drilling’s $1.1bn IPO; EFG Hermes was also joint bookrunner for the IPO
Cryptocurrencies have struggled as the Federal Reserve and other central banks hike rates
IPOs in the Middle East have fetched $11.4bn in the first five months of the year
Bitcoin is trading above $30,000 on Tuesday as it recovers from a sharp decline in the past three weeks
Both entities will collaborate on events and initiatives that support common goals and attract companies to the UAE
Its revenues for 2021 equalled Dhs169.4bn, up 24.5 per cent compared to the previous year
Traditional financial institutions and fintechs can connect and build their own apps using Tarabut’s solutions
Bullion has risen past $1,850 an ounce in the second half of May
Bitcoin is holding up relatively well compared with some of its peers
Against a backdrop of uncertainty and market volatility, healthcare presents investors with comparatively steady returns
The partnership will see new payment products introduced to offer travel benefits to both consumers and corporates
Saudi Arabia has seen revenues soar on the back of $100 oil and rising production
The event will be held on June 16, 7:30 pm, at Pullman Downtown Hotel, which will bring key speakers from the finance industry
Ajman Pay will accelerate the emirate’s shift toward a cashless economy and ensure that government entities benefit from digital payment solutions
Ibrahim Aita, founder and CEO of CMTrading, shares the brokerage’s decade-long journey and current investment trends
Al Ansari Exchange’s customers can now easily use DubaiPay as an alternative payment option available on their mobile app
The collaboration will offer advanced new technologies so businesses, governments and SMEs can move from cash-based payments to a seamless ecosystem
EFG Hermes Holding’s sell-side revenues grew by 61 per cent y-o-y to EGP494m supported by revenues from the investment banking and brokerage divisions
The ALL-ADCB Infinite and Signature credit cards offer members benefits at over 30 Accor properties in the UAE
The number of customers contributing more than $100,000 in trailing 12 months revenue increased 46 per cent year-over-year