Bullion ended Monday little changed after tumbling to the lowest level in a month
Via this partnership, Virtuzone seeks to advance the use of cryptocurrencies and blockchain technologies in the country
The lending service will be available for UAE-based SMEs and startups operating in one of EDB’s five priority sectors, which are manufacturing, healthcare, food security, advanced technology and infrastructure
Numerous strategists have flagged $20,000 as a key point for Bitcoin
Bullion is heading for a fifth monthly decline, the longest such stretch in four years
Spot gold slipped 0.2 per cent to $1,755.35 an ounce as of 9.04am in Singapore, paring the weekly gain to 0.5 per cent
Investors will be able to access multiple investment themes focused on innovation and long-term growth
Higher rates weigh on the non-interest bearing precious metal
The bank joins more than 50 global peers who are members of the United for Wildlife Financial Taskforce, which is dedicated to stopping illicit financial flows associated with illegal wildlife trade
The banking sector was the leading contributor, with 17 banks accounting for 69 per cent of total assets
National Bonds has designed a mobile app and website to make the programme easy to use and more accessible
Fiscal second-quarter sales increased 7.6 per cent to $1.1bn
The largest crypto was little changed at $21,330 as of 7.40am in London on Monday
Higher rates weigh on non-interest bearing bullion
The value of the trade exchange between Egypt and the UAE increased to about $1.2bn during the first quarter of 2022, an increase of 1.4 per cent over the same period in 2021
The importance of effective enterprise risk management has never been more crucial for senior finance executives, says Stephen McNally, CMA, CPA, chair of Institute of Management Accountants’ global board of directors for the 2021-2022 fiscal year
Cryptocurrencies have been battered this year as the Fed hiked rates amid elevated inflation readings
The transition finance facility aims to support Lafarge Emirates Cement with their latest project, a waste heat recovery system that supports the company’s journey to net zero by 2050
Bullion is hovering near a two-week low after the US dollar and bond yields rose Wednesday
The bank is looking for fintechs, digital experience startups and emerging technology players operating to support its immersion into the virtual world
The acquisition is part of the previously announced $1.4bn investment by Apollo into Aldar’s transformational growth initiatives
The group announced that net profit before tax rose by 8 per cent YoY in Q2 2022 to EGP623m.
The wealth fund is boosting its investments in equities as Saudi Arabia’s income from oil almost doubled in the second quarter
Fitch raised Oman’s long-term foreign-currency rating by one notch to BB
Investors are also facing the prospect of rising supply as demand moderates
Gold’s next move may hinge on the minutes from the Fed’s July meeting
Dubai Gold and Commodities Exchange-licenced brokerage companies can acquire a range of DFM derivatives membership licenses, including trading brokerage, and trading and clearing brokerage
Total income for H1 2022 was $182.76m versus $181.01m for the 2021 period, an increase of 1 per cent
The first half of the year saw Salama establishing new strategic tie-ups with banks in the UAE to provide omnichannel Takaful solutions to bank customers
In the second quarter, Shuaa and its subsidiaries reported a net operating income of Dhs6m compared to Dhs24m in Q1 2022