Bullion is holding near a two-month high even as central banks prepare to dial back stimulus
The bank’s global head of retail banking, private banking and brokerage, and chief human resources officer are leaving
Gold is holding above $1,800 an ounce after dropping for the first time in three years in 2021
Following $122bn in debt sales in 2021, governments and companies will probably front-load much of their funding needs this year
The $700m placement is the largest green bond issued in the region
The alternative coins’ use surged partly as more businesses have begun using stablecoins for cross-border payments
The number of commercial banks operating in the UAE totalled 58 in 2020 against 51 in 2010
The fund was launched in October last year
The largest cryptocurrency by market value rose as much as 3.1 per cent to $44,001 on Wednesday
Qatar National Bank’s 2021 net income rose to QR13.2bn from QR12bn a year ago
The joint ‘Infra Initiative’ aims to incentivise more private sector investments and mobilise funding for utility projects
The 30 listings undertaken in 2021 were 15.5 per cent higher than the number of listings the previous year
Kuwait Investment Authority has applied the ESG standard set by an independent globally-recognised ESG benchmark provider
The properties in which the fund is investing have more than 760 rooms combined
Small businesses account for 99 per cent of all enterprises in Brazil and 95 per cent of private sector companies in the UAE
The FTSE ADX General Index will replace the ADX General Index, as of January 10
CBDCs could serve a purpose that ordinary cash can’t, by creating a new channel for monetary policy
Hisham Khalid Tawfiq Abdulkhaliq Malak also serves as the undersecretary of the Department of Finance
Bitcoin has surged more than 500 per cent since the end of 2019
The returns were due to its long-term portfolio allocation and market performance
The total value of the Kuwaiti bank’s sukuk on the exchange stands at $898m
Dubai Bank, acquired from Emirates NBD, will be relaunched as Zand
The UAE has intensified its push to adopt the use of blockchain in recent years
IDC, a radiology and pathology diagnostics service provider in Pakistan, provides imaging and lab services across a national network of over 80 branches in 30 cities
DWTC will be designing a comprehensive ecosystem for this sector within Dubai
The company plans to sell just over two million shares to raise about SAR1.8bn.
Prudential relief measures regarding banks’ capital buffers and liquidity and stable funding requirements will be extended by six months
Invesco’s client-centric approach has enabled its EMEA business to grow in assets under management
Raheel Ahmed succeeds Peter England, who will retire after leading the bank for over eight years