#assets

Bitcoin hits another record and leaves other asset classes trailing

Bitcoin is up about 1,000 per cent in the past year amid signs of increasing institutional interest as well as speculative demand

Cover story: The key regional investment trends focusing on the wealth of the future

The pandemic has further emphasised the need for diversification among investors, reveal AIX Investment Group’s board advisor Fadi Dabbagh and senior financial advisor Khalid El-Mikhi

Investcorp Is said to raise $1bn for North American deals

The money manager is the Gulf’s largest private investor in US real estate

UAE oil firm ADNOC gets $900m investment in property unit

Abu Dhabi Pension Fund is investing in some of ADNOC’s real estate assets

china oman

BP sells Oman stake to Thai firm in $25bn divestment drive

The deal should help BP deliver on its goal of selling $25bn of assets by 2025

How you can make your wealth work for you

From creating a diversified portfolio to making well-informed asset choices, it is critical to have the right kind of advice in order to protect your investments

National Bank of Fujairah posts net loss of Dhs475m for 2020

The decline was attributed to a substantial increase in impairment provisions and lower operating profit

First Abu Dhabi Bank acquires 100% of Bank Audi Egypt’s share capital

The proceeds will help strengthen Bank Audi group’s capitalisation and financial resilience

Stocks set to end 2020 at record high

Investors have pushed risk assets including stocks to sky-high valuations on expectations that widespread vaccine distribution in 2021 will reignite economic growth

Dubai contractor Arabtec to file for liquidation at ‘earliest opportunity’

The decision reversed efforts sought by a minority group of shareholders to restructure and save the company from liquidation

Saudi Binladin considers joint ventures and asset sales amid revamp

The company has put thousands of employees on indefinite leave in recent months

Zainab Invesco

Video: Where are Middle East sovereigns investing?

Fixed income and gold have emerged as attractive asset classes for regional sovereigns, finds the Invesco Global Sovereign Asset Management study

How can investors find the right asset allocation mix in the current situation?

The key for investors is to find the asset mix that not only improves their returns, but more-so their decision-making process

IMF warns investors: You’re not ready for climate change

Global temperatures have risen 1.1 degrees Celsius since pre-industrial times and at current levels of greenhouse gas emissions, are set to rise by 3 degrees Celsius by the end of the century

Dubai’s ICD reports 16.9% rise in 2019 profits

Its 2019 revenues dipped 1.9 per cent to Dhs228bn

Webinar: Investing during the current Covid-19 crisis – Century Financial Dubai

While there remain pockets of opportunity, investors should ensure they have sufficient liquidity right now, stresses Vijay Valecha, chief investment officer at Century Financial