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Month: May 2019

Posted on 12/05/2019

EIBFS holds workshop on ‘Fintech in Islamic Finance’

held an interactive workshop on the implications of Fintech in Islamic Finance in collaboration with the Dubai Islamic Economy Development Centre (DIEDC). Zubair Ahmed, Senior Vice President, ENBD …
( read original story …)


Posted on 12/05/2019

Q1 net profit down by 72% at Eshraq Investments in Abu Dhabi

Abu Dhabi Securities Exchange-listed (ADX) real estate and investment firm Eshraq Investments has seen net profits decline by more than 70% in the first quarter of 2019, with revenue also reducing …
( read original story …)


Posted on 12/05/2019

Finablr Is Said to Struggle to Find Enough Buyers for London IPO

The holding company for businesses, including Travelex Holdings Ltd. and the UAE Exchange Centre LLC, could opt to restructure or delay the IPO, the people said, asking not to be identified as the …
( read original story …)


Posted on 12/05/2019

Dubai powerhouse AIM Summit brings alternative investments, private debt to inaugural European conference in Geneva

we found that nothing was focused predominantly on alternatives (Hedge Funds, Private Equity, Venture Capital, Private Debt), and so Dalma launched the first conference in Dubai, along with the …
( read original story …)


Posted on 12/05/2019

Who to Sue When a Robot Loses Your Fortune

It all started over lunch at a Dubai restaurant on March 19 … During their meal, Costa described a robot hedge fund his company London-based Tyndaris Investments would soon offer to manage money …
( read original story …)


Posted on 12/05/2019

HDFC Bank Limited (HDB) Shares Sold by Millennium Management LLC

A number of other hedge funds and other institutional investors also recently … financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in …
( read original story …)


Posted on 12/05/2019

Hong Kong Fund’s Projected $400 Million Overstock Investment Ends With $5 Million Close

but if it needs money those funds can get “pushed down” to it from the parent company, according to Noursalehi. This funding served as a “kind of hedge” against the uncertainty in the GSR …
( read original story …)


Posted on 12/05/2019

UAE- Fortress energy joins metals to record a weekly loss

(MENAFN – Dubai PR Network) By Ole Hansen … The table below shows how hedge funds, measured in number of futures contracts, are positioned across the major futures markets.
( read original story …)


Posted on 12/05/2019

Who do you sue when a robot loses your fortune?

It all started over lunch at a Dubai restaurant on March 19, 2017. It was the first time Li, 45, met Costa, the 49-year-old Italian who’s often known by peers in the industry as “Captain Magic”. …
( read original story …)


Posted on 12/05/2019

Banque Pictet & Cie SA Has $324,000 Stake in HDFC Bank Limited (HDB)

19.14% of the stock is owned by hedge funds and other institutional investors … financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in …
( read original story …)


Posted on 12/05/2019

DMCC Launches Sustainability Report 2018 Outlining Development of Its Smart and Sustainable Community

DUBAI, United Arab Emirates … SEE ALSO: Wells Fargo reportedly approached the co-CEO of the world’s largest hedge fund about becoming its CEO (WFC)
( read original story …)


Posted on 12/05/2019

UAE bank postpones loan instalments during Ramadan

Abu Dhabi Islamic Bank (ADIB) has postponed monthly instalment for its personal finance customers at ‘no extra charge’ during the holy month of Ramadan. Customers eligible will be contacted by SMS …
( read original story …)


Posted on 12/05/2019

Big sales and discounts in Sharjah and chance to win a luxury car during Ramadan

Sharjah: Witness the most exciting shopping experience featuring leading names in the regional retail industry during this Ramadan at the Expo Centre in Sharjah. From big discounts to the widest …
( read original story …)


Posted on 12/05/2019

Endless ski slope now open in Dubai

And the best news is you can get a trial session for free … Video of Trying not to get FROSTBITE in Dubai with JUST SUL! It’s time to hit the (indoor) slopes.
( read original story …)


Posted on 12/05/2019

Dubai’s FFWD event returns after hiatus

A model walks the runway during the Michael Cinco show at Fashion Forward March 2017 held at the Dubai Design District on March 23, 2017 in Dubai, United Arab Emirates. Image Credit: Getty Images …
( read original story …)


Posted on 12/05/2019

How will Dubai’s potential three-year rent freeze affect the property sector?

With green shoots of recovery in the UAE’s real estate market, the emirate is proposing a new rental law Peter Cooper says unless global financial markets take another tumble, a return of confidence …
( read original story …)


Posted on 12/05/2019

Where UAE gold jewellery prices are headed this week: Rates could easily soar to nearly Dh160 per gram

Dubai: Gold jewellery fans in the UAE could … chief market analyst at Century Financial. “Gold has a lot of importance in these volatile times in the financial markets and could easily soar …
( read original story …)


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