Trade groups including the Managed Funds Association argue in their U.S. appeals court petition the rules exceed the SEC’s authority.
Millionaires Leaving the UK for Dubai
A startling trend is gripping the nation as UK millionaires pack their bags and bid farewell to London’s fading charm. The spotlight has shifted to Dubai, where a wave of high net worth individuals, …
Three Arrows Capital faces penalty from Dubai’s Virtual Asset Regulatory Authority
Kyle Davies and Su Zhu, founders, Three Arrows Capital (3AC), a collapsed digital asset hedge fund, are expected to be facing a fine issued by Dubai’s crypto regulator over the OPNX exchange, stated …
Hedge Fund Investor Letters Q2 2023
Warren Buffett never mentions this but he is one of the first hedge fund managers who unlocked the secrets of successful stock market investing. He launched his hedge fund in 1956 with $105,100 in …
Hedge funds are expanding basis trades, data suggests
A surge in short sales of US Treasury futures suggests hedge funds are expanding basis trades, a popular tactic that may be injecting leverage into a bond market whipsawed in the wake of this month’s …
Hedge Funds Are Most Bullish on EM Equity Futures Since 2020
Hedge funds’ bullish bets in emerging-market equity futures have risen to the highest since the gauge’s pandemic low three years ago, signaling budding optimism for the asset class.
UAE leads first-half Mena M&A deal activity driven by sovereign funds
The UAE government has made enhancing the ease of doing business in the country as its top priority to increase FDI inflows to the country, Abdullah bin Touq, Minister of Economy, said in February. It …
Team Abu Dhabi Claim Pole Position For Sunday’s Grand Prix Of Italy
SAN NAZZARO, Italy, 2nd September, 2023 (WAM) — Team Abu Dhabi’s Rashed Al Qemzi topped the first session of the Grand Prix of Italy today. T …
Sharjah Chess Club hands over administrative positions to new board members
The decision to this effect was taken during a meeting held at the Sharjah Chess and Cultural Club. The new board is led by Dr. Sheikh Khaled Bin Humaid Al Qasimi.
Khaled bin Mohamed bin Zayed visits 20th Abu Dhabi International Hunting and Equestrian Exhibition
H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has visited the 20th edition of Abu Dhabi International Hunting and …
Dubai’s summer campaign draws to a close with unprecedented engagement
Capping two exciting months that showcased the unique experiences Dubai offers in the warmer months of the year, the summer phase of the 2023 #DubaiDestinations campaign drew to a close on Saturday, …
One of Russia’s richest oligarchs who now lives in Dubai says Putin’s invasion of Ukraine made him a ‘pariah’
An envelope. It indicates the ability to send an email. An curved arrow pointing right. One of Russia’s richest individuals said he’d become a “pariah” in the United Arab Emirates where he fled after …
SEO Agency in Dubai: Setting New Standards in Digital Marketing
Brand Care Digital, a leading digital marketing agency based in Dubai, has taken the local business landscape by storm, establishing itself as the go-to SEO agency in Dubai for businesses seeking to …
ADNEC Group launches charter flights to Europe, Central Asia for attracting tourists to Abu Dhabi
The new charter service complements the group’s wider hospitality offering, supporting the travel industry’s role in the nation’s economic growth, a sector expected to represent nearly 10 percent of …
UAE: Authority issues statement on ‘money deposit’ audio recording being shared on social media
Judicial authorities in Abu Dhabi on Saturday issued an important notice clarifying a “money deposit” message and audio recording that have been making the rounds on social media. The Abu Dhabi …
UAE: Dubai to host ‘World Summit for Clinical Chemistry and Laboratory Medicine 2024’
For the first time in its history of seventy years, the World Summit for Clinical Chemistry and Laboratory Medicine, will be held outside of Europe, in the United Arab Emirates in Dubai, the city of …
New luxury mall opened in Dubai
DAMAC Group has announced the opening of DAMAC Mall, adding a new retail and leisure destination to Dubai’s luxury landscape. The mall was officially inaugurated on September 1 by Amira Sajwani, …