Bitcoin Surpasses $400B Market Capitalization, More Than Any Global Bank
Bitcoin’s market capitalization has hit record levels in 2020 alongside a surge in the asset’s price. With the market cap, the pioneer cryptocurrency is...
GCC Payments Industry Set to Leapfrog Other Economies in 2021
Enhanced digitalisation and tech adoption across the region sees digital transactions increasing
Payments made via Bahrain’s BenefitPay set to exceed US$4billion this year
49 per cent...
Here’s How Many People COVID-19 Could Push into Poverty
COVID-19 is likely to push between 88 and 115 million people into extreme poverty, according to the Poverty and Shared Prosperity Report 2020.
South Asia...
World’s 10 Richest Fortune Soars by 56% to $1.1 Trillion Since...
As the rest of the world continues to recover from the effects of the coronavirus pandemic some of the global billionaires have benefitted from...
Digital Health Startups Receive Over $4.6 Billion in Q3 2020, Thrice...
The year 2020 is set to be a banner industry for investments in the digital health industry. From Q1 to Q3, the sector has...
Is Bitcoin Set to Have a 2017-style Mini Boom This Year?
Bitcoin’s price is set to “surge before the end of 2020” with investors keen not to “sleepwalk” through a 2017-style mini-boom, says Nigel Green,...
Top 10 Companies Hold $15 Billion in Bitcoin, 4% of Total...
Bitcoin has witnessed a major spike in 2020 hitting new price levels recorded almost three years ago. With the price surge, Bitcoin demand is...
Development in Global Markets to Weigh on Regional Equities
Global equity markets were broadly positive during the week, but the news flow was mixed with encouraging vaccines developments compared to renewed restrictions to...
Biden Victory Heralds Boom Time for ESG Investing – Here’s Why
Joe Biden’s administration will usher in an unprecedented boom for Environmental, Social and Governance (ESG) investments, affirms the CEO of one of the world’s...
Region’s Largest Open Banking Platform Launches In UAE
MENA Open Banking pioneers expand with new offices in Abu Dhabi and Dubai
Tarabut Gateway, the MENA region’s first and largest regulated Open Banking...
Global Private Wealth Holders Set to Double Impact Investing Allocation over...
High net worth individuals, families, family offices, and foundations plan to increase their allocation to impact investing from 20 per cent of their...
New $60m Venture Capital Fund to Invest in 120 MENA Startups
$60 million fund will invest in 120 early-stage tech startups across MENA region
Focus sectors include FinTech, HealthTech and EduTech amid anticipated post-COVID tech boom
A...
Emirates Angels Investors Association Launches to Accelerate Innovation and Entrepreneurship in...
Young entrepreneurs established a network of angel investors to support start-ups and stimulate investment in future industries
In a bid to contribute to...
Equity Markets to Witness Increased Volatility due to Uncertainty over Economic...
Global equity markets closed higher during the week amid hopes of another relief stimulus deal from the Congress. The markets clearly ignored the uncertainties...
The World’s Biggest Gold Mines
The economic carnage brought about by the Covid-19 pandemic has led to investors hedging against the ongoing volatility and that has driven the price...
DFM Plans to Launch Equity Derivatives Platform
Dubai Financial Market, DFM, today announced that it has reached the final stages of preparations to launch an equity derivatives platform (DFM Derivatives Platform),...
Domestic Markets to be Influenced by Broader Global Markets Developments
Global equities closed in negative territory, recording its longest weekly decline since 2019, which can be broadly attributed to fading hopes of a US...
Regional Investors to Follow Trends in Global Markets, Oil Prices
Global equities closed in negative territory with US stocks closing at a 6-week low, which was mainly driven by weakness in technology stocks and...

































