Oil revenues reached 181.922 billion riyals
business2 hours ago
The Evolvence Capital Semi-Exotic Equity Derivatives (ECSEED) Fund is a $150 million, open ended fund that will leverage the attractive valuations and high volatility in the GCC equity markets by investing in equity derivatives. The main objective of the fund is to manage the market risk and enhance the returns by investing in equity and equity related instruments. Derivatives are financial instruments based on underlying securities including interest rate and equities; currently they trade over the counter in the Gulf. The ECSEED fund will invest in local blue chips with high potential through risk management and yield enhancement processes that will be implemented using a combination of basic derivatives like calls, puts futures and swaps on equity and interest rates.
Oil revenues reached 181.922 billion riyals
business2 hours ago
Israel and Hamas blame each other as Netanyahu rules out the group's demand for an end to the war in exchange for the freeing of hostages
mena2 hours ago
Sheikh Mohammed issues decree, forming the council chaired by the Dubai Ruler
uae3 hours ago
The campaign was launched today, May 5, and will continue till the end of this month
uae3 hours ago
Enjoy hearty meals at these outlets with your favourite Mexican fare
food listings3 hours ago
With the StandbyMe wheeled and a 27-inch smart TV, the Korean giant is aiming squarely at the lifestyle end of the electronics device market
gadgets3 hours ago
The actor revealed how she balances work commitments with family time, ensuring her children understand the importance of both
entertainment3 hours ago
Taking to Instagram, Janhvi shared a clip featuring herself, Varun Dhawan, Rohit Saraf, Sanya Malhotra, Karan Johar and other actors participating in a pooja ceremony
entertainment3 hours ago