Category :Finance

Finance News Regional

Abu Dhabi’s Chimera closes second venture capital fund at $10 bln

Global Business Magazine January 25, 2022

Abu Dhabi investment firm Chimera Capital said on Tuesday it closed its second venture capital (VC) fund at $10 billion, as it looks Read More

Finance Economy News World

Morning Bid: Bears at the gate

Global Business Magazine January 24, 2022

With a 14% fall from its November peak, not only is the Nasdaq deep in correction territory, it is also now within striking Read More

Finance Economy News World

Ukraine tensions lift dollar, yuan holds firm

Global Business Magazine January 24, 2022

The dollar inched higher on Monday, moving further off its recent two-month lows, lifted by the tension between Russia and the West Read More

Finance Economy News World

Morning Bid: The bears are taking control

Global Business Magazine January 21, 2022

The S&P 500 looks set to end the week down almost 4% in its biggest weekly drop since late 2020. Trade in futures suggest Read More

Finance Economy News Regional

UAE bourses end higher on financial, telecom boost

Global Business Magazine January 21, 2022

Stock markets in the United Arab Emirates (UAE) closed in the green on Friday, with Dubai's index buoyed by the financial sector Read More

Finance Economy News Regional

Major Gulf markets gain in early trade; Saudi at over 15-yr high

Global Business Magazine January 20, 2022

Most major Gulf stock markets rose in early trade on Monday, in line with Asian peers, with the Saudi index holding steady Read More

Finance Economy World

Morning Bid: “Moving in” (on stock market bargains)

Global Business Magazine January 20, 2022

Prospects for war just do not bother markets the way they used to. U.S. President Joe Biden reckons Russia intends to "Read More

Finance Economy News Regional

Most major Gulf bourses track oil prices higher

Global Business Magazine January 19, 2022

Most major Gulf stock markets rose in early trade on Wednesday, amid strong oil prices, with the Saudi index holding steady at Read More

Finance Economy News World

Euro zone inflation to burn hotter, but ECB rates to stay on ice: Reuters poll

Global Business Magazine January 19, 2022

Euro zone inflation is set to burn hotter throughout 2022 than expected a month ago, according to economists polled by Reuters, which could Read More

Banking Finance News World

Goldman profit hit by weaker trading, rising expenses; shares tumble

Global Business Magazine January 19, 2022

Shares in Goldman Sachs Group (GS.N) fell as much as 8% Tuesday after Wall Street's premier investment bank missed quarterly profit expectations, Read More