Financial markets
Gulf Capital Investment Company has launched a Shariah-compliant investment fund, the Lulwa USD Money Market Fund, targeting individual and institutional investors. The fund has a variable capital ranging from USD 7 million to USD 1 billion and offers weekly liquidity. The investment strategy focuses on short-term, low-risk financial instruments, including
Financial markets
Hammerstein Capital SA, an investment firm based in Geneva, Switzerland, has launched the Hammerstein Capital Canadian Energy Fund, a new investment opportunity designed to tap into the growth potential of the Canadian energy sector. The sector is known for its adherence to strict Environmental, Social, and Governance (ESG) standards, making
Financial markets
The Al Dawli Invest Islamic KD Money Market Fund, managed by Al Dawli Invest Investment Company K.S.C.C. (Closed), has shown significant growth since its incorporation in March 2025. The fund, following Sharia-compliant principles, focuses on providing competitive returns through investments in short and medium-term money market instruments.
Financial markets
Fitch Ratings has reaffirmed the 'AAAmmf' rating of Ostrum Euro Liquidity LVNAV, a fund managed by Ostrum Asset Management, due to its high credit quality and diversification, high levels of daily and weekly liquid assets, and low exposure to interest-rate and spread risks. The fund's Portfolio
Financial markets
The digital wealth management platform Versa has launched the Fixed Rate Quest campaign, providing Malaysians with guaranteed returns on eligible investments until January 31, 2026. The campaign offers fixed returns of 4.2% per annum on Versa Cash, managed by AHAM Asset Management Berhad, and 3.9% per annum on
Financial markets
MIAX, a technology-driven leader in building and operating regulated financial markets, has successfully launched the MIAX Futures Onyx platform, a proprietary trading technology designed to power trading of agricultural and financial futures, and options on futures. The platform has successfully commenced trading of Minneapolis Hard Red Spring Wheat (HRSW) Futures,
Financial markets
Al Mazaya Holding Company witnessed a notable increase in its share price on the Dubai Financial Market (DFM) on July 1, 2025. The stock opened at 0.782 AED, slightly below its previous closing price of 0.85 AED. Throughout the trading day, Al Mazaya Holding Company's shares
Financial markets
Franklin Templeton has unveiled its latest addition to its range of exchange-traded funds (ETFs), the Franklin US Treasury 0-1 Year UCITS ETF. This index-tracking ETF offers investors an opportunity to gain exposure to short-term US Treasury securities, providing a competitive yield with a lower-risk investment profile. With a global presence,
Financial markets
On July 1, 2025, the Chimera S and P UAE UCITS ETF - Share Class A - Accumulating experienced a moderate movement in its stock price, with a moderate price change of 0.05 and a percentage change of 0.96%. The fund opened at 6.55 and maintained this
Financial markets
The European Union (EU) has launched a comprehensive strategy for the Savings and Investments Union (SIU) aimed at increasing investment opportunities for citizens and improving their financial well-being. The SIU initiative seeks to provide citizens with easy and low-cost access to a wide range of investment options, while ensuring that
Financial markets
IM Cannabis Corp. (Nasdaq: IMCC) has announced that it has received a deficiency letter from Nasdaq, stating that the company is not in compliance with Nasdaq Listing Rule 5550(b)(1), which requires a minimum of $2,500,000 in stockholders' equity for continued listing on the Nasdaq Capital
Financial markets
FIGX Capital Acquisition Corp., a blank check company formed to effect a business combination with one or more businesses, has announced the closing of its initial public offering (IPO) of 15.065 million units, raising a total of $150.65 million. The offering was priced at $10.00 per unit,
