Gold scales new high as investors lose faith in US assets
Gold notched another record high on Friday, while silver and platinum also extended gains to hit all-time peaks, powered by…
Hedge Funds & Alternative Investments
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State Street and QNB Group Sign Strategic Agreement to Launch New Custody Servicing Model
State Street Corporation and QNB Group have at the World Economic Forum (WEF), announced a strategic alliance to introduce a…
WRISE Group Partners to Expand UAE Private Banking Access
The financial services firm formed a strategic alliance with The Continental Group aimed at making private banking services more widely…
CBK mandates auditor rotation for exchange companies every three years
In a move to strengthen governance and safeguard the integrity of financial transactions, the Central Bank of Kuwait (CBK) has…
AfDB to provide Egypt with $170M for private sector, budget support
Egypt and the African Development Bank (AfDB) signed a $170 million agreement for the second phase of the Private Sector…
Saudi inflation edges up to 2.1% on higher rents: GASTAT
Saudi Arabia’s annual inflation rate rose to 2.1 percent in December, up from 1.9 percent a month earlier, as housing…
Jadwa Investment launches SAR 750mln GCC-focused Private Credit Fund
Jadwa Investment, a leading investment management and advisory firm in the Middle East, has announced the launch of its flagship…
Dubai gold eases from all-time highs after sharp January rally. Is this a buying window?
Dubai gold prices steadied on Thursday morning after touching fresh records earlier this week, with traders and consumers digesting a…
BankDhofar launches endowment plan which is an integrated life insurance combining smart savings and capital protection
BankDhofar is proud to announce the launch of Dhofar Insurance Company’s Endowment Plan, a unique savings and protection product designed…
Dubai retail property sales reach new quarterly high of AED1.1bln – Cavendish Maxwell
Dubai’s retail real estate sector has hit a new quarterly record, with AED1.1 billion worth of sales across 400 transactions,…
InvestGB Enters into a Strategic Partnership with Global Firm CVC
Gulf Capital Investment Company KSCC “InvestGB”, the investment arm of Gulf Bank, has announced that it has entered into a…
Dubai gold prices at record high; 24K reaches Dh550 per gram
Gold prices hit a new record in Dubai and globally as the 24K price hit Dh550 per gram at the…