Goldman Sachs Group raised its 12-month outlook for gold to $2,150 an ounce
Bitcoin’s moves in tandem with the Nasdaq 100 and the S&P 500 reached an all-time high this month
The bank’s total assets equalled Dhs279.1bn
NBF posted operating profit of Dhs955.6m in 2021, an increase of 6.8 per cent compared to Dhs894.6m in 2020
The fund will target businesses with a focus on fintech, AI, life sciences, consumer internet and B2B sectors
Euro-denominated outstanding debt is currently around 2 per cent of the kingdom’s overall portfolio
The framework will provide international investors with access to growth opportunities
The fund tracks the S&P Saudi Arabia Shariah Liquid Top 30 35/20 Capped Index
Growing customer awareness and the recent global health crisis have encouraged regional banks to ramp up their offerings
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