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 Rise and Fall and Rise and Fall of Bitcoin
Recently we proclaimed 2021 to be 'the year of the cryptocurrency'. It was four weeks ago (ages in crypto terms), and a whole raft...
Saudi Arabia Triples VAT to Counter Economic Impact of Coronavirus
Saudi Arabia will increase its value-added tax, VAT, from 5 to 15 percent in July, the Finance Ministry said on Monday, as part of...
Oil Prices Recovery Expected to Impact Positively Domestic Markets
Global equities recorded one of their best weekly gains in two months, largely driven by stimulus measures and a surprise gain in US payrolls...
GCC Investors Need to Look Wider for Growth Opportunities
Modest 2021 recovery forecasts for the GCC have increased the focus on diversification from the hydrocarbon sector, potentially opening up some less traditional growth...
Soaring Demand Drives Gold-Backed Cryptocurrency Listing
A gold-backed digital asset has been added to a financial advisory and fintech organisation’s cryptocurrency app.
deVere Group added Pax Gold (PAXG) to deVere Crypto...
2021’s Major Investment Risks, Opportunities
Investment headwinds will “still exceed the tailwinds” in 2021 – but there could be more “major opportunities now than in perhaps the last 10 years”...
Emerging Market Debt Outlook for 2021
At the start of 2021, we are cautiously optimistic on the outlook for emerging market bonds. Two key positives for the asset class are...
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...
12th Annual Investment Meeting Closed on a Positive Note
AIM attracted 10,313 visitors from 175 countries, who engaged in 281 sessions featuring 693 speakers.
The 12th edition of the Annual Investment Meeting 2023, held...
Emirates NBD Marks Financial Wellness Month in April
Renewed commitment to customers’ financial wellness
Bank’s #moneywise platform advocates healthy financial behaviours and habits.
Joining the global effort to bring attention to financial literacy this...
UNCTAD World Investment Forum 2020 to Take Place in Abu Dhabi
Abu Dhabi to host United Nations forum on investment and technology for sustainable development
This December 6-10, Abu Dhabi will welcome government leaders, global CEOs...
DIFC Reaffirms Commitment to Advancing FinTech Ecosystem
New partnership agreement signed with Tribe Accelerator, the first Singapore government supported Blockchain accelerator to collaborate on knowledge sharing and events
DIFC Authority...
Coronavirus-triggered Recession Will Change How We Live, Do Business and Invest
The recovery from a coronavirus-triggered recession will usher in a new era in which how we live, do business and invest will fundamentally change,...
First Blockchain-enabled Precious Metals Refinery to Open in Dubai
DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, has announced the signing of a sale and...
‘UAE Asset Manager Of The Year’ Retains Position for 2nd Year...
Al Mal Capital PSC, a subsidiary of Dubai Investments and a diversified, multi-line investment institution, was awarded with the 2020 ‘UAE Asset Manager of...
Ethereum Expected to Break $5,000 and Hit Fresh All-time Highs
The Ethereum price is likely to hit $5,000 over the next seven days as the cryptocurrency reaches new all-time highs, predicts the CEO of...
Coronavirus Pandemic Will Drive Responsible Investing ‘Skywards’
The coronavirus pandemic and its economic fallout will trigger a ‘skyward surge’ in sustainable, responsible and impactful investing over the next 12 months, affirms...