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Tag: Finance

Gold rises amid weak dollar

Gold rises amid weak dollar by Samer Hasn, Senior Market Analyst at XS.com Gold continues its remarkable advance for the third consecutive day, reaching its highest level since October of last year, near $2,764 per ounce. Gold’s gains come amid the weakness of the US dollar as the market reassesses the future of the upcoming trade war, in addition to the prevailing uncertainty about the future of the...

Gold Price Trends After Rebound from $2,708 Amid Trump Tariff Threats

Gold Price Trends After Rebound from $2,708 Amid Trump Tariff Threats by Rania Gule, Senior Market Analyst at XS.com – MENA Gold prices have recently experienced strong positive momentum, trading at $2,728 on Tuesday, driven by economic and geopolitical shifts. Investors have turned to gold as a haven amid rising global concerns, especially following U.S. President Donald Trump's statements regarding new tariffs on Canada and Mexico, as...
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Bringing finance will be key to success for contractors in the Middle East as region adjusts to new normal

Bringing project finance will be a key factor for success in the Middle East’s projects market in 2021, according to GlobalData’s MEED. The company reviewed...

Global largest banks lose $635bn in market cap amid pandemic

Global largest banks lose $635bn in market cap amid pandemic Data presented by Buy Shares indicates that 14 selected major global banks cumulatively lost $635.33 billion in...

Algeria allows first Islamic finance products by state banks

Algeria allows first Islamic finance products by state banks Algeria said on Sunday it had given the go-ahead to a plan aimed at offering Islamic...

395 Million New Jobs by 2030 if Businesses Prioritize Nature

395 Million New Jobs by 2030 if Businesses Prioritize Nature The global COVID-19 pandemic has caused unprecedented job losses and economic uncertainty. As governments and...

IMF chief warns full global economic recovery unlikely in 2021

IMF chief warns full global economic recovery unlikely in 2021 The global economy will take much longer to recover fully from the shock caused by...

Three Largest European Digital Banks Hit $1.9bn in Overall Fundraising

Three Largest European Digital Banks Hit $1.9bn in Overall Fundraising Recent years have witnessed an incredible growth of digital banks, with millions of customers turning...

How the UAE’s Banking, Education, and Banking Lead Digital Transformation to Face Coronavirus

How the UAE’s Banking, Education, and Banking Lead Digital Transformation to Face Coronavirus In the face of COVID-19 coronavirus, the UAE’s banking and finance, education,...

Private Partnership (PPP) workshop is now available in five locations

Private Partnership (PPP) workshop is now available in five locations A comprehensive five days’ workshop aims to provide an in-depth understanding of how PPPs work, from...

RFI Summit announces roundtable on responsible finance

RFI Summit announces roundtable on responsible finance The Responsible Finance & Investment Foundation and Swiss Arab Network are excited to announce the addition of another...