Finance

Standard Chartered’s regional CEO Rola Abu Manneh says the bank’s operations continue uninterrupted in the UAE as many teams work remotely

Visa, the Abu Dhabi Investment Authority and a subsidiary of the Qatar Investment Authority are anchoring the IPO by purchasing up to $220m of PayPay’s shares upon debut

Alpha Wave Global’s private equity platform focuses on large-scale growth investments in companies developing or benefiting from artificial intelligence, including SpaceX and Anthropic

While the longer-term outlook for equities remains constructive, Lale Akoner, global market analyst at eToro, emphasised that investors are now paying closer attention to movements in oil prices, interest rates and the strength of the US dollar

Gold prices fell on Monday as higher energy costs fanned inflation concerns and further dimmed the prospects for a near-term cut in interest rates by the US Federal Reserve

The acquisition marks 2PointZero’s entry into packaging as its sixth consumer-focused vertical and complements its existing investments in sectors such as beauty and apparel

The Saudi Parallel Market Index (Nomu) also recorded gains, climbing 114.45 points

Market cap stands at roughly $1.1tr across both exchanges

Clients pulled $3.7bn from the BCRED private credit fund in Q1, according to Reuters

Several banks stabilise digital platforms after temporary outages linked to a region-wide IT disruption