How technology will transform banking

KPMG, in its UAE Banking Perspectives 2017 report, observes that many banks — in the UAE and globally — continue to make decisions “by looking back at what may have gone wrong”. However, that is chang... ( read original story ...)

Want to save? Try this old-school coin bank

Dubai: Struggling to save? Some Filipinos in the UAE who have ... Users gave a twist to the old-school piggy bank method and used a “save and shade” template printed on a tin can. Through this, savers ... ( read original story ...)

State Funds Back Cathay Midcap II

Hedge funds manage money from a wide number of capital sources including ... Nordic Capital, through its fund Nordic Capital Fund VIII, sold Danish logistics company Unifeeder Group to Dubai-based por... ( read original story ...)

DP World to Acquire Unifeeder from Nordic Capital

DP World was founded in 2005 by merging Dubai Ports Authority and Dubai Ports International ... Existing investors in UTA include Jeffrey Ubben, a co-founder of hedge fund ValueAct Capital. The UTA pa... ( read original story ...)

Gold prices rise, 22k priced at Dh138 in Dubai

Meanwhile, 24k gold is priced at Dh147.25 and 22k can be bought at Dh138.25 in Dubai. US gold futures were ... world's largest gold-backed exchange-traded fund, fell 0.26 percent to 794.90 tonnes on F... ( read original story ...)