Each of the four defendants has been handed a five-year imprisonment term followed by deportation and a fine of Dhs10m
Bitcoin is up about 1,000 per cent in the past year amid signs of increasing institutional interest as well as speculative demand
It represented a nearly 45 per cent decrease year-on-year
Spot gold added as much as 0.1 per cent to $1,945.67 an ounce, the highest since November 9
Bullion is set to post the first monthly gain since July after a run of losses prompted by the development of effective coronavirus vaccines
Gold suffered its second-biggest drop in seven years on the day that Pfizer announced early results showing its vaccine was 90 per cent effective
Similar to wealth, wealth management has gone through layers of evolution to become a specialised investment advisory service
Markets have been volatile during the final weeks of the campaign as investors fretted over the potential for a contested outcome
The 2020 elections will show what matters the most to American voters: the stock market performance, or the real economy
Gold has had a solid run higher throughout 2020
Bullion is up more than 30 per cent this year, and could extend gains as governments and central banks respond to slowing growth with vast amounts of stimulus
Fixed income and gold have emerged as attractive asset classes for regional sovereigns, finds the Invesco Global Sovereign Asset Management study
More than $1bn in positions liquidated as bitcoin crashes by $1.4k in minutes
Yves Bonzon, group chief investment officer of Swiss wealth manager Bank Julius Baer, shares his views on the world economy, investor sentiments, and emerging trends for the future
Maaden Waad Al Shamal Phosphate Co. will refinance $2.3bn owed to a syndicate of commercial banks and financial institutions
Bullion has surged 16 per cent this year as the spread of the virus curbed economic growth
Perramond replaces Damas’ first female CEO, Asil Attar, who was appointed to the role in February last year
Investors were now waiting for the US payrolls report and the US elections.
While Hong Kong leads the list, the UAE features among the top fifteen countries, according to UN statistics.
The Fed is expected to launch another round of quantitative easing during a two-day meet starting today.
The precious metal rose to $1,676.45 an ounce on Monday, it’s highest in over four months.
Gold rose above $1,660 an ounce on signs that the US Federal Reserve is likely to launch monetary stimulus soon.
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