Conflict Diamonds: The Business of Russian Diamonds

Mith gloves, jewels are draped on velvet in the window of a shop in Antwerp’s diamond district. The Belgian port city has been one of the hubs for the gemstone business since the 15th century. According to the Antwerp World Diamond Centre, 37 billion euros are turned over here every year, discreetly and confidentially. When […]

Report: Profits of 6 real estate companies in the UAE rose 66% in 9 months

Malik Salameh – Mubasher: The profits of 6 major real estate companies listed on the UAE stock markets increased by 66 percent, by about 4.618 billion dirhams, equivalent to $1.25 billion, during the first nine months of 2022. According to statistics conducted by “Mubasher” based on the financial statements of companies listed on the Dubai […]

UAE’s Yahsat eyes future acquisitions to boost growth

Abu Dhabi – Mubasher: Andrew Cole, CFO of “Yahsat“The company is looking to grow organically through acquisitions over the next few years. Andrew Cole, in an interview with Bloomberg, added that Yahsat will “press hard” to grow its business revenue streams over the next few years. He added that the company is focusing on expanding […]

UAE’s Chimera Capital launches an initial $2 billion trust fund

Dubai – Mubasher: Chimera Capital, a subsidiary of Chimera Investments, announced the launch of the Alpha Wave Private Trust Fund, an open-ended trust fund, with investment pledges of $2 billion. The company launched the fund jointly with Alpha Wave Global, an investment firm that manages a range of investment funds across various asset classes, according […]

Victoria Gold: Submits Technical Report on Raven Gold Deposit, Dublin Gulch Property, Yukon, Canada, 1.1 million gold ounces at 1.7 g/t, Swiss Resource Capital AG, press release

Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company” – is pleased to announce that it has launched a technical 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) Report on the Raven Gold Deposit, located approximately 15 kilometers (“km”) east of the Eagle Gold Mine. The October 26, 2022 Technical Report entitled “Technical […]