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Month: February 2019

Posted on 05/02/2019

TIAA CREF Investment Management LLC Trims Holdings in HNI Corp (HNI)

71.41% of the stock is owned by hedge funds and other institutional investors … Hong Kong, India, Mexico, Dubai, and Taiwan. The company’s Office Furniture segment offers a range of metal and wood c…
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Posted on 05/02/2019

Commentary: Mr Kenneth Griffin, you have a lot in common with Haiti, come invest there!

My advice is, going for the plunge, your hedge fund the Citadel will stand as strong as the mighty … Haiti would have been rich as much as Dubai, Brunei or Singapore except its fortune would have be…
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Posted on 05/02/2019

Deals of the day-Mergers and acquisitions

U.S. hedge fund Elliott Management Corp has raised its stake in Telecom Italia (TIM) to 9.4 percent, a SEC filing showed, escalating a power battle over the Italian phone group with top shareholder Vi…
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Posted on 05/02/2019

Mondrian Investment Partners LTD Has $137,000 Stake in HDFC Bank Limited (HDB)

18.83% of the stock is currently owned by hedge funds and other institutional investors … Bahrain, Hong Kong, and Dubai. The company operates in Treasury, Retail Banking, Wholesale Banking, and Othe…
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Posted on 05/02/2019

Fannie-Freddie Regulator Now Welcomes Lawmaker Input on Revamp

Hedge funds and other investors were hopeful that any plan would allow shareholders to get their hands on Fannie and Freddie’s profits, which now go to the Treasury. Otting’s Wednesday letter is the l…
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Posted on 05/02/2019

Vanguard Group Inc. Acquires 66,967 Shares of HNI Corp (HNI)

71.41% of the stock is currently owned by institutional investors and hedge funds. Get HNI alerts … Hong Kong, India, Mexico, Dubai, and Taiwan. The company’s Office Furniture segment offers a range …
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Posted on 05/02/2019

The Latest: Pope leaves UAE after first papal Mass there

ABU DHABI, United Arab Emirates – The Latest on Pope Francis’ historic visit to the United Arab Emirates (all times local): 1:05 p.m. Pope Francis has departed Abu Dhabi after making the first papal t…
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Posted on 05/02/2019

British man detained in UAE after wearing Qatar football T-shirt to match

Ali Issa Ahmad watched Qatar beat Iraq in the Asian Cup match at the Al Nahyan stadium in Abu Dhabi. He was later arrested by UAE officials. Photograph: Khaled Desouki/AFP/Getty Images A British footb…
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Posted on 05/02/2019

Six UAE and Saudi Arabian Banks Join Digital Currency Cross-Border Transaction Project

… banks from Saudi Arabia and the United Arab Emirates (UAE) have joined a digital currency project, major Saudi Arabian financial news portal Argaam reports on Feb. 5 Referring to comments …
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Posted on 05/02/2019

Lagardère TR and GAC Dubai finalise logistics agreement

It is an excellent fit with GAC Dubai’s long-term vision for its contract logistics business to move into specialised storage and handling operations.” Neil McMaster, GAC Dubai’s General Manager — Con…
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Posted on 05/02/2019

Construction for Dubai’s brand new ‘Burj Jumeira’ underway

Dubai is already getting ready for a brand-new 550m tower in Al Sufouh Neighbourhood, and it’s going to be the next “Downtown” to head to. Plans have been set to construct the Burj Jumeira and its sur…
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Posted on 05/02/2019

Credit guarantee scheme for SMEs in UAE launched

Image Credit: Rawpixel on Unsplash Dubai: Emirates Development Bank (EDB) on Monday launched a Dh100 million credit guarantee scheme for small and medium enterprises (SMEs) in the UAE. The new …
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Posted on 05/02/2019

The Latest: Pope preaches message of meekness in UAE homily

ABU DHABI, United Arab Emirates – The Latest on Pope Francis’ historic visit to the United Arab Emirates (all times local): 11:10 a.m. Pope Francis has told the Catholic faithful in the United Arab Em…
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Posted on 05/02/2019

Pope Francis arrives to hold public mass in UAE

ABU DHABI: Pope Francis arrived at an Abu Dhabi sports stadium Tuesday (Feb 5) to hold a public mass for an estimated 170,000 Catholics on the first ever papal visit to the Muslim Gulf. The pope waved …
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Posted on 05/02/2019

UAE jobs: Private businesses remain cautious on hiring

But business owners were looking to the immediate … signalling another month of lower average selling prices in the UAE, although the extent of price discounting in January was slight.”
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Posted on 05/02/2019

DEWA to build solar-powered green hydrogen project

The Dubai Electricity and Water Authority (DEWA) in collaboration with Expo 2020 Dubai and Siemens are set to build the first solar-powered hydrogen electrolysis facility in the MENA region. It will b…
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Posted on 05/02/2019

ABU DHABI, United Arab Emirates | The Latest: Pope warns against ‘fake news’ during Gulf visit

ABU DHABI, United Arab Emirates (AP) — The Latest on Pope Francis’s visit to the United Arab Emirates (all times local): 7:50 p.m. Pope Francis has asserted in the first-ever papal visit to the Arabia…
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