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Cheyne Capital Increases Investment in UAE Amid Global Uncertainty
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Cheyne Capital Increases Investment in UAE Amid Global Uncertainty

Cheyne Capital’s hedge fund for Europe, the Middle East, and Africa is significantly increasing its investment in the United Arab Emirates, viewing it as the most resilient equity market amid uncertainties linked to US President Donald Trump’s policies. Fund manager Carl Tohme highlighted that the UAE’s currency peg to the dollar plays a crucial role...

Dubai Gold Prices Decline Amid Market Fluctuations
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Dubai Gold Prices Decline Amid Market Fluctuations

Gold prices in Dubai experienced a slight decrease at the opening of the markets on Monday, with 24-karat gold falling to Dh325.25 per gram. The 22-karat variant also showed a decline, dropping to Dh301.0 per gram. Additionally, 21-karat gold prices fell to Dh291.5 per gram, while 18-karat gold was priced at Dh249.75 per gram. Spot...