by Vasu Jit Kalia | July 19, 2024 | Banking, Central Banks
ABU DHABI, 18th July, 2024 (WAM) – Abu Dhabi Commercial Bank PJSC (ADCB) today reported its financial results for the second quarter of 2024 (Q2’24). Strong performance in H1’24 driven by double-digit YoY growth in net interest income and non-interest income in the...
by Vasu Jit Kalia | July 19, 2024 | Commodities
The prices of the yellow metal in Dubai jumped to a record high on July 17, 2024 evening, crossing Dh300 per gram. As per the data of The Dubai Jewellery Group 24K was selling for Dh300.50 per gram late in the evening. Whereas 22K, 21K and 18K were selling for...
by Vasu Jit Kalia | July 18, 2024 | Investment Banking
The Securities and Exchange Board of India (Sebi) had floated a consultation paper on introduction of ‘New Asset Class’ on Tuesday. The aim of introducing this asset class is to bridge the gap between mutual funds and Portfolio Management Services (PMS) in...
by Vasu Jit Kalia | July 18, 2024 | News, Trending Now
Gulf Islamic Investments group (GII) has invested in a consortium led by Brookfield Asset Management to buy stake in the Dubai-based Gems Education which it said on Thursday, July 18, 2024. This investment will help support Gems in maintaining and expanding its...
by Vasu Jit Kalia | July 18, 2024 | Real Estate
The pinnacle of luxury living is scheduled to be completed and handed over in the first quarter of 2027 Dubai, UAE –July 2024 – Downtown Dubai’s real estate market has demonstrated robust growth and resilience, cementing its position as a top investment destination,...
