UAE: Gold prices hit record high, jewellery sales dampen a bit
Gold prices in the UAE hit a record high on Monday afternoon, briefly dampening demand for the precious metal jewellery.…
Hedge Funds & Alternative Investments
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Saudi Venture Capital invests SAR112.5m in General Atlantic PE fund
Saudi Venture Capital Company (SVC), a subsidiary of the Small and Medium Enterprises Bank (SME), has announced a significant investment…
Will UAE gold shoppers soon face Dh300 a gram price tag as price surge continues?
Gold shoppers in the UAE and elsewhere are confronting a new possibility – prices could well take a shot at…
Qatar to sign more long-term LNG contracts this year: Qatar Energy CEO
Qatar has not had difficulty securing long-term liquefied natural gas contracts and will sign more this year, Qatar Energy CEO…
Abu Dhabi’s Lunate launches ETF tracking Japanese equities
Abu Dhabi investor Lunate Capital is launching an exchange-traded fund tracking Japanese equities that will be listed on the Abu…
Saudi wealth fund PIF reduces holdings of US equities – report
Saudi Arabia’s sovereign wealth fund has cut down on its US stocks in the first quarter of the year, slashing…
UAE's 15 per cent remittance fee hike at currency exchange outlets comes into effect
UAE residents have now started paying the additional 15 per cent – or Dh2.5 – each on their remittances when…
HAYAH Insurance unveils report on insurance, health, life, and AI in the UAE
HAYAH Insurance, an insurance provider in the UAE, has unveiled Rihla by HAYAH, a report focusing on the intersection of…
Dubai ranked No.1 globally for attracting Greenfield FDI projects for third successive year
Dubai has further reinforced its position as the world’s leading hub for foreign direct investment (FDI). According to the Financial…
Emaar Group's property sales grow 47%
Emaar Properties PJSC has released its financial results for the first quarter of 2024, showcasing consistent resilient performance and operational…
Bahrain’s GFH Financial posts 13% rise in Q1 2024 net profit to $27.14mln
GFH Financial reported a double-digit growth in net profit for the first three months of the year, supported by the…
Zain Group reports Q1 2024 revenue of $1.5bln
Chairman, Mr. Osamah Al Furaih: “The Board continues to work closely with executive management to overcome major socio-economic challenges in…