Dubai Gold and Commodities Exchange records 'extraordinarily busy' April
The Dubai Gold and Commodities Exchange (DGCX) witnessed a 653.45 percent year-on-year growth in trading of its G6 currency portfolio…
Wealth and Asset Management
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Falcon may exit PB business
Zurich-based Falcon has announced it may exit the private banking business. ‘The Board of Directors and the Executive Committee…
Gold demand rises as investor buying spree offsets jewellery plunge- GFMS
Global gold demand rose in the first quarter as a surge in investment as the coronavirus outbreak convulsed global markets…
Bank Hapoalim to Pay $874 Million to Settle U.S. Tax Charges
Geoffrey S. Berman, the United States Attorney for the Southern District of New York, Jeffrey A. Rosen, the Deputy Attorney…
ADIB launches second fund committed to a special financing strategy
ADIB, an Islamic financial services group, has signed an agreement with WCB Investments, a joint venture between National Investment Company,…
Gold prices going to "pop" to $2,700, easily – Frank Holmes
Despite a weakened economy, stocks continue to rise on the back of monetary stimulus, which is bound to push gold…
The world’s wealthiest are sticking with stocks despite the coronavirus crisis, UBS finds
Wealthy investors and business owners are remaining optimistic about the longer term despite a sharp dip in short-term confidence due…
Review of the Week: Too much oil
Oil prices went negative for the first time ever last week, yet stock markets took it in their stride. …
Bahrain's Al Salam Bank sells $182.5mln US multi-family portfolio
Al Salam Bank-Bahrain has made an early exit from its portfolio of seven multi-family assets in the US for a…
Gold prices near steady as global stock markets gain
Gold prices are not far from unchanged on the day in early U.S. trading Tuesday. More chart consolidation and some…
Why gold is the dollar’s only real challenger among global currencies
The US dollar is back to highs not seen in three years, and that means the dollar-linked dirham is also…
StanChart Bad Loan Momentum Continues
Standard Chartered could face up to $600 million in bad loans after major borrowers faced a series of reported predicaments.…