The hedge-fund founder’s move ends a tumultuous transition at the firm. Also, Brunei’s sovereign-wealth fund now owns almost 20% of the hedge fund.
Brunei’s takaful growth pushes ahead its Islamic finance ambitions
Brunei, which has Southeast Asia's highest per-capita income after Singapore, aims to compete in Islamic finance with regional powerhouses Malaysia and Indonesia. That is part of a strategy to ...
Ray Dalio Sells Last of His Stake in Bridgewater
Also, Brunei’s sovereign-wealth fund now owns almost 20% of the hedge-fund firm.
Brunei ranks 13th globally in Islamic finance development … – The Star
Brunei has achieved a notable milestone, ranking 13th out of 136 countries globally in the Islamic Finance Development Report 2024: From Niche to Norm, marking its return to the top 15 rankings ...
Bahrain: Proving Ground – Global Finance Magazine
Islamic finance offers a clear opportunity for Bahrain`s emerging fintech sector. In a report released last year, the EDB claimed that the country is the leading Islamic finance hub in the Middle East ...
Brunei and Sarawak trade showcase boosts ties between neighbours
A food, creative and handicraft showcase organised by Brunei and neighbouring Sarawak of Malaysia is a tangible commitment towards strengthening their ties in trade.
State ethic complaint filed against PAC linked to $140M Ponzi scheme
The Georgia Government Transparency and Campaign Finance Commission filed a complaint against the Georgia Republican Assembly PAC.
US Criticizes Macron for Opting to Recognize Palestinian State
President Emmanuel Macron said France would recognize a Palestinian state in September, prompting a backlash from the US and Israel.Most Read from BloombergTrump Awards $1.26 Billion Contract to Build ...
How South Korea’s K-beauty industry is being hit by Trump tariffs
Cars and smartphones may rank among South Korea's biggest exports to the US, but few goods inspire a more devoted following than the Asian country's beauty products. K-beauty - a term that covers a ...
Despite war and sanctions, Iran’s oil exports surge
Maximum pressure” ought to mean “maximum pressure.” Yet despite sanctions and war, the Islamic Republic of Iran’s oil exports continued to surge in the first six months of ...