For straight answers, you’re better off asking a female CFO

Women reached 15 per cent of the CFO positions in 2021 among S&P 500 and Fortune 500 companies

The way forward for cryptocurrencies

The UAE has been one of the most welcoming regions to establish cryptocurrency trading agencies and other cryptocurrency verticals

How much crypto should be in your investment portfolio?

Investors may have more visibility around cryptocurrencies in the years ahead, notes Bloomberg Opinion columnist Nir Kaissar

gold

UAE’s DGCX trades total value of $13.68bn contracts in February 2022

Dubai Gold & Commodities Exchange’s Gold Futures Contract recorded a year-on-year average daily volume growth of 734 per cent

Nasdaq Dubai

Jordan’s Capital Bank lists $100m bond on Nasdaq Dubai

The bond is the first issuance of its kind for a Jordanian bank on the exchange

AIX Investment Group strengthens its footprint across the region

The investment company will be present at Dubai International Boat Show 2022, to showcase their products and services to potential investors

The growth of the fintech sector in the Middle East

Moving towards more homogenised regional frameworks can catalyse a wave of new fintechs to scale globally, opines Oliver Obitayo, CEO of IDnow Middle East 

UAE’s Gulf Capital accelerates investment pace in Egypt and Africa

Gulf Capital has already invested over $300m in Egypt in sectors such as technology, infrastructure, manufacturing, petrochemicals and healthcare

Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs

UAE Central Bank approves creation of 5,000 jobs for Emiratis by 2026

The Emiratisation plan will apply to managerial positions across the country’s banking and insurance sectors

NAsdaq New York

Dubai’s Shuaa Capital lists $100m SPAC on Nasdaq New York

It has priced its initial public offering of 10,000,000 units of Shuaa Partners Acquisition Corp I at $10 per unit

Here’s how UAE banks can protect real-time payments from fraud

Jeremy Wilmot, chief product officer at ACI Worldwide tells Gulf Business how the company is preparing to help UAE banks connect to the nation’s central real-time payments infrastructure

Bitcoin tops $44,000 in tentative comeback as portfolio hedge

Adam Farthing, chief risk officer for Japan at crypto trading firm B2C2, said Bitcoin could “de-link from risk”

Brookfield to buy 60% of First Abu Dhabi Bank’s payment arm

The bank’s payments business was valued at $1.15bn

boursa kuwait

Kuwait bourse plans derivatives trading amid push for more IPOs

The Kuwaiti stock exchange plans to introduce a central counterparty service for the cash market by the end of the year

Ras Al khaimah

Ras Al Khaimah offers Dhs7m economic stimulus support in 2021

These packages were introduced to ease the financial burden on businesses in the emirate during the Covid-19 pandemic

Etihad Rail

Etihad Rail signs Dhs1.99bn financing agreement for passenger services with First Abu Dhabi Bank

The passenger service will connect 11 cities and locations in the UAE and is expected to carry over 36.5 million passengers annually by 2030

Dubai’s Mashreq weighs sale of payments business

Deliberations are ongoing and no final decision has yet been taken

Getty Images

Saudi Arabian miner Amak seeks $332m from IPO

The initial public offering’s price range has been set at SAR58-63

UAE’s ADX, Boursa Kuwait and Kuwait Clearing Company sign MoU to enhance market liquidity

The agreement will facilitate inter-exchange trading and put in place procedures for dual listings in the UAE and Kuwait

HSBC Bank’s profit after tax up from $8.6bn to $14.7bn in 2021

Reported revenue was down 2 per cent to $49.6bn, impacted by lower global interest rates and a decrease in revenue in markets and securities services

Getty Images

How and why are NFTs disrupting the world of art, music and retail

A non fungible token is a scarce, verifiable, secure asset with proof-of-ownership at its core

SEBA Bank

Swiss crypto bank Seba opens office in Abu Dhabi

In a first for a full-service digital asset bank in the UAE, it received a nod from the Abu Dhabi Global Market Financial Services Regulatory Authority

UAE’s Mubadala leads $500m equity round into Singapore’s Princeton Digital Group

The funds will help PDG strengthen its presence in Japan, India, Singapore, China and Indonesia

Abu Dhabi’s Khalifa Fund and noon payments to support local SMEs

Through the partnership, noon payments will offer SMEs extra support with zero setup costs, reduced monthly fees and access to advanced gateway features

Investment guide: Stocks and instruments to look at during periods of high inflation

Investors should avoid growth stocks or companies with a high valuation

Bitcoin extends dip below $40,000 as gold surges further

The largest cryptocurrency dropped as low as $36,831 on Tuesday morning

Rising momentum of the region’s banking sector

GCC banks are paving the way for a promising year

Forecast 2022: Challenges and opportunities across the investment landscape

What investors can look forward to this year

Standard Chartered announces highest operating profit since 2015 in MEA

The bank reported its income grew by 3.5 per cent to $2.44bn

Copper

Commodity forecast for 2022: How gold, oil and industrial metals are expected to fare this year

Supply chain disruptions, government stimulus and adverse weather have all contributed to market tightness last year