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SHUAA launches $200 million ‘Financing Opportunities Fund’

11 Oct 2020

Business Bureau, Gulf Today SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, announced that it has launched a USD 200 million...

Historic milestone for Adnoc as it begins new derivatives trading

30 Sep 2020

The Abu Dhabi National Oil Company (Adnoc) announced on Wednesday that one of its new trading entities, Adnoc Trading, has started derivatives trading as a direct market participant. This represents...

Gold steadies ahead of Trump-Biden debate

29 Sep 2020

Gold prices steadied on Tuesday alongside a subdued US dollar, while investors awaited the first US presidential debate and further developments on a new US coronavirus relief bill. Spot...

European shares slip ahead of Trump-Biden debate

29 Sep 2020

European stock markets opened lower on Tuesday as a rebound in the previous session fizzled out, with investors remaining cautious ahead of the first US presidential debate. The pan-European...

Gold dips as dollar regains ground, all eyes on Fed speakers

21 Sep 2020

Gold prices erased earlier gains to trade lower on Monday due to an uptick in the dollar, while investors looked to Federal Reserve policymakers' speeches this week for signals on their...

South Korea puts force of law behind quarantines

01 Sep 2020

Victoria Kim, Tribune News Service The arresting officers came for the young man about a month after he was declared free of the coronavirus and discharged from the hospital....

Hub71 attracts US startups by forging deal with TechWadi

27 Aug 2020

Hub71, a tech ecosystem powered by Mubadala Investment Company, has announced a partnership with Silicon Valley-based TechWadi, a non-profit organisation building meaningful connections and partnerships for entrepreneurs and investors across...

Pandemic puts Singapore into recession as economy wobbles

14 Jul 2020

Singapore’s trade-reliant economy plunged into recession in the second quarter with a record contraction, signalling a rough first half globally and an equally challenging outlook as the coronavirus crisis exacts...

BP sells petchems arm for $5b in energy transition revamp

29 Jun 2020

BP has agreed to sell its global petrochemicals business to billionaire Jim Ratcliffe’s Ineos for $5 billion, pulling out of a sector widely seen as a key driver of oil...

No funding crunch in Turkey: Fitch

16 May 2020

Turkey’s relatively low debt levels and experience at riding out financial market turbulence is helping its credit rating withstand the country’s current coronavirus and currency strains, Fitch’s top analyst said...

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