Dubai exchange may launch gold contract for retail investors
The Dubai Gold and Commodities Exchange (DGCX) said on Saturday it was considering whether to launch a new spot gold…
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PraxisIFM makes acquisition in Middle East
PRAXISIFM has completed its fourth acquisition in twelve months and strengthened its presence in the Middle East, The acquisition of…
Saxo Markets: UAE poised to be the Gulf fintech capital
Saxo Markets has urged regional banks and finance institutions to collaborate in order to unlock the vast potential of the…
This is why even mature startups are worried about liquidity
Having closed their second fund with $100 million, the team at Israel Secondary Fund offer some important points on the…
Britain to extradite former head of Kuwait's social security fund- media
British authorities have arrested and are preparing to extradite Fahad al-Rajaan, the former head of Kuwait's social security fund convicted…
Qatar First Bank launches 2nd phase of cost rationalisation plan
Qatar First Bank announced the launch of the second phase of the cost rationalisation plan yesterday at its Annual General…
MP queries on deposits in local, foreign banks by KIA and PASS
MP Safa’a Al- Hashem has presented a parliamentary query to the Minister for Social Affairs and Labor, Minister of State…
BKIC mandatory offer for Takaful International
Following the acquisition, the Board of Directors received notice from BKIC stating its intention to give a mandatory offer to…
Qatar shaikh said to use margin loan for Deutsche Bank stake
One of Deutsche Bank AG’s key Qatari shareholders is using a margin loan of about $1 billion Dh3.67 billion, backed…
Oman says banks should be extra vigilant on property, personal loans
A senior central banker in Oman has called on the country’s banks to be extra-vigilant about their exposure to sensitive…
QIA sells stake in Santander Brasil worth $737m
Qatar Investment Authority sold about 2.5 per cent of Banco Santander Brasil SA for 2.3 billion reais $737 million in…
Investors book profit on UAE stocks
UAE stocks closed lower on Thursday as investors booked profit following a week of strong gains in both Dubai and…