Category Archives: Business & Investments

Emirates Gold and Joyalukkas Announce Certified 24K Gold Bars Through Strategic UAE Partnership

United Arab Emirates (3rd December 2025) – Emirates Gold, one of the UAE’s most trusted and established precious metals refineries, has entered into a strategic partnership with Joyalukkas, the world’s favourite jeweller, to introduce an exclusive collection of certified 24-karat gold bars for consumers and investors across the UAE and the wider region.

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Mashreq Capital Launches Bitcoin and Multi-Asset Class (BITMAC) Fund: A Game-Changing Multi-Asset Fund for Retail Investors

One of the first professionally managed funds to seamlessly combine equities, fixed income, gold, and Bitcoin, offered through a DIFC domiciled, DFSA regulated Fund and passported throughout the UAE

Dubai, UAE – 03 December 2025: Mashreq Capital, a leading asset manager based in DIFC since 2005, today announced the launch of BITMAC, a groundbreaking multi-asset investment fund designed to transform retail investing. As one of the first professionally managed mutual funds to seamlessly combine equities, fixed income, gold, and Bitcoin exposure via ETFs, BITMAC offers retail investors an innovative, diversified, and systematically rebalanced portfolio. This unique combination captures growth opportunities from both traditional and digital assets while reducing overall risk to levels comparable with a typical balanced portfolio.

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Nasdaq Dubai Welcomes USD 500 Million Sukuk Listing by Sharjah Islamic Bank

  • Sharjah Islamic Bank’s second Sukuk listing of 2025 received strong demand from regional and international investors reflecting confidence in Dubai’s Islamic capital markets
  • Total outstanding value of Sukuk listed on Nasdaq Dubai rises to USD 103 billion

Dubai, UAE – 28 November 2025: Nasdaq Dubai has welcomed the listing of a USD 500 million Sukuk by Sharjah Islamic Bank (SIB), issued under its USD 3 billion Trust Certificate Issuance Programme. The five-year Sukuk, maturing in November 2030, carries a profit rate of 4.6%.

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Mubadala and Glenwood Private Equity Complete Co-Investment in NanoH2O

Seoul, South Korea/Abu Dhabi, UAE – 3 December 2025 – Glenwood Private Equity (“Glenwood PE”), a leading Korea-based investment firm, and Mubadala Investment Company (“Mubadala”), an Abu Dhabi-based global investor, and other co-investors announced the closing of their co-investment in NanoH2O Co., Ltd. (“NanoH2O” or “the Company,” formerly known as LG Water Solutions and a division of LG Chem, Ltd.). All closing conditions and regulatory approvals have been met.

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SICO Capital Increase Paid-Up Capital to SAR 100 Million

SICO Capital, a leading provider of asset management, brokerage, and investment banking services in Riyadh and licensed by the Saudi Capital Market Authority (License No. 08096-37), announced today that it has completed the increase in its paid-up capital from SAR 60 million to SAR 100 million in the second quarter of 2025. This milestone reflects the company’s strong financial position and its long-term commitment to the Saudi market.

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