UnitedHealth stock soars after Buffett’s Berkshire buys 5.04mn shares
Call it the ‘Oracle of Omaha’ touch. Shares of the beleaguered UnitedHealth Group rose by nearly 12 per cent to over US$300 on Friday...
Emirates Islamic to power Kimera Group’s UAE finances with digital-first banking solutions
Emirates Islamic, one of the UAE’s leading Islamic financial institutions, has been appointed as the lead cash management service provider for all UAE financial...
Saudi’s PIF sold its entire holding in Meta, Shopify, FedEx and Alibaba in Q2
PIF also sold its stakes in Chinese online retail giant Alibaba Group, Brazil’s banking company Nu Holdings, and US logistics company FedEx.
According to Reuters,...
Zand, Mastercard partner to boost cross-border payment solutions
Zand, an AI-powered fintech and financial services group based in the United Arab Emirates, has signed a strategic agreement with Mastercard to enhance its...
GCC asset management soars 9% to $2.2tn as Saudi Arabia, UAE lead
Saudi Arabia and the UAE were the key growth engines in the retail mutual fund sector, while Kuwait and Abu Dhabi’s sovereign wealth funds...
