SICO BSC (c), a leading regional asset manager, broker, and investment bank, with direct presence in Bahrain, Saudi Arabia, and the UAE, announced today that it has been awarded the prestigious award of Best MENA Fixed Income Strategy over 1 Year for 2024 by Global Banking & Markets Middle East Awards. The strategy achieved a
NEW YORK — US stocks are drifting lower, while US bonds and the value of the US dollar are falling more sharply on Monday following the latest reminder that the U.S government seems to be hurtling toward an unsustainable mountain of debt. The S&P 500 was 0.4 percent lower in morning trading after Moody’s Ratings
Smart asset management and sustainable investment opportunities to support financial sustainability. Advanced analytics and smart technologies to optimise asset performance and enhance government services. Integrated digital systems to drive customer experience improvements and accelerate digital transformation. Dubai, United Arab Emirates: Dubai Municipality has launched the Asset Management System, marking a significant step towards optimising asset
Standard Chartered said the joint venture would “fully utilise its bank-grade infrastructure and rigorous governance”. Animoca Brands, a Hong Kong-based global Web3 leader, will help to “tap into crypto-native opportunities”, while HKT would use its mobile wallet expertise to develop stablecoin use cases and enhance domestic and cross-border payments, a statement from Standard Chartered said.
Indian companies worried about junior employees quitting within a year of joining are devising ways to secure their commitment for longer, ensuring their efforts to train freshers do not go to waste. To stem the attrition of entry-level staff, several companies are weaving in bonds by another name in the employment contracts. These agreements specify
NEW YORK — A gold rush is here. The precious metal hit an all time high this week. The spot price for gold closed Tuesday above $2,514, according to data from FactSet. That’s the highest closing price recorded for the commodity to date. Here’s what you need to know. The spot price of gold closed
Dubai, UAE: MultiBank Group, one of the world’s largest financial derivatives institutions headquartered in Dubai, was honored with the ‘Top Regulated Forex Broker’ award at Money Expo India 2024, held in Mumbai. This prestigious accolade underscores MultiBank Group’s pivotal role in the financial sector, highlighting its commitment to regulatory excellence globally and client satisfaction in
Manama, the Kingdom of Bahrain: Khaleeji Bank, one of the leading Islamic banks in the Kingdom of Bahrain, has recently announced an exclusive promotional offer facilitating instant cash prizes for customers who apply for a new credit card or transfer their existing credit card debts to Khaleeji Bank, where the promotion continues until August 31,
NOW Money, a fintech specialising in banking and payroll solutions for the underbanked migrant population in the Middle East, has partnered with CBI and Network International. These partnerships represent a significant advancement in NOW Money’s goal to offer accessible financial services to underserved migrant workers in the GCC region. The collaboration with Commercial Bank International