Last week, Delhi customs had made significant seizures of gold and large amounts of medicines from passengers
DSAM Kauthar Gold Fund Ltd. wants to draw institutional investors from Bahrain, Qatar and the United Arab Emirates to add to the current $79.4 million of assets under management. The fund aims to raise its assets to $5 billion in the next five years, according to Hathaway. “It’s the only Shariah-compliant gold fund available on the market,” he said on Friday in an interview in Dubai. Hathaway also manages the $1 billion Tocqueville Gold Fund in New York. DSAM Kauthar Gold has returned more than 50 per cent this year, compared with 65 per cent for Tocqueville Gold, as bullion heads for a ninth annual gain. Gold, which reached an all-time high of $1,070.80 an ounce yesterday, may rise to $1,200 in the next 12 months as investors seek an alternative to falling currencies, Hathaway said. Islamic law forbids investment in companies judged by scholars to be highly indebted and selling assets that one doesn’t own.
Last week, Delhi customs had made significant seizures of gold and large amounts of medicines from passengers
The event was part of the Eurasian Diplomacy Delegation’s mission to promote Busan as a global hub city
The team has not won a major tournament during Babar's tenure, which began in 2019
Every ticket bought this month also secures a spot in the grand draw on November 3
Gomez emphasises the role of gastronomy in diplomacy, stating that the relationships between nations are often strengthened around the dining table
A key component of this shift is the green development aspect of the Belt and Road Initiative, aimed at enhancing global ecological health
Oil prices jumped by over a dollar on Wednesday due to rising concerns Middle East tensions could escalate
A peek into the exciting motoring moments and events in the UAE