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Posted on 26/02/2018

Kelderman rides onto final Abu Dhabi Tour podium

With a strong time trial in the penultimate stage of the Abu Dhabi Tour, Wilco Kelderman placed himself in contention for overall victory. Fifth place on the summit finish at Jebel Hafeet was an even better ride from the Dutchman though as he lifted …
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Posted on 26/02/2018

Dubai police: Bollywood’s Sridevi drowned in hotel bathtub

The 54-year-old Bollywood actress died late on Saturday while on a visit to Dubai. News reports in India had quoted her brother-in-law Sanjay Kapoor as saying the actress died of a cardiac arrest. In a tweet, the Dubai police said on Monday that her death …
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Posted on 26/02/2018

Miguel Angel Lopez soars again at Abu Dhabi Tour

Lopez, like so many on his Astana team, has begun the new campaign in sparkling form, underscored by his podium finishes in Oman and Abu Dhabi this month … said that he was not concerned by the news. “I think there are little problems to be sorted …
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Posted on 26/02/2018

TechCrunch’s Michael Arrington on cryptocurrencies, ICOs, and tech in the MENA [Podcast]

25:40- Ghandour asks Arrington about his LPs and he replies that he’s happy with them and that he wants Dubai investors to participate in his hedge fund, because stuff are happening here and he needs to establish a connection. He says that it is a little …
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Posted on 26/02/2018

Dubai gold prices flat as a pancake, but may rise today

Hedge funds and money managers cut their net longpositions in COMEX gold and copper contracts in the week to February 13, US Commodity Futures Trading Commission (CFTC) data showed on Friday. Asian shares ticked up on Monday, joining a globalrecovery for …
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Posted on 26/02/2018

Australia should pass Magnitsky Act to target Putin’s cronies, businessman Bill Browder says

The British-American hedge fund manager, described as the number one enemy of the … “The Russians are not going to keep all their money in Dubai or China, they’re going to keep their money in the US, Canada, and Australia, in safe countries.
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Posted on 26/02/2018

SICO UAE becomes Member of Nasdaq Dubai’s equity derivatives market

Benefits to investors include the ability to hedge … Nasdaq Dubai. SICO, the sole owner of SICO UAE, is a premier regional wholesale bank whose activities include brokerage, market making, asset management, investment banking and custody and fund …
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Posted on 26/02/2018

SICO UAE Becomes Member Of Nasdaq Dubai’s Equity Derivatives Market To Offer Clients New Investment Tools

Benefits to investors include the ability to hedge and take a position on the expected movement of UAE share prices, both up and down, using leverage to magnify the financial outcome of their futures trades.” Launched in 2016, Nasdaq Dubai’s equity …
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Posted on 26/02/2018

Georgia Penna due to welcome third child via surrogate in April

Last week she took to Instagram to share a picture of her baby shower in the Mina al S’Alam resort in Dubai where she lives with hedge fund manager Joe. Thank you so much @nicnaci for the most beautiful surprise #babyshower Feeling so lucky to have …
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Posted on 26/02/2018

Telegram is reportedly holding a 2nd pre-ICO sale but some crypto investors aren’t touching it with a 10-foot pole

But some cryptocurrency hedge funds are sitting the sale out because of its high valuation … “Even though the firm is based in Dubai, the Russian government has been trying to go after their data,” Keegan said. As noted by Bloomberg, the messaging …
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Posted on 26/02/2018

Alternatives now make up almost a quarter of Sovereign Wealth Fund’s assets under management

Dubai, 21 February 2018: Sovereign Wealth Funds (SWFs) now allocate almost a quarter (23% … principal protection, a hedge against inflation, and an increase in portfolio performance. “That being said, finding the right allocation strategy for these …
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Posted on 26/02/2018

Yemen minister accuses UAE of trying to fragment his country

CAIRO – A Yemeni minister has accused the United Arab Emirates of trying to fragment his country by creating separate “regional and tribal armies” in the south. Yemen has been engulfed in a civil war since 2015, with a Saudi-led coalition that includes …
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Posted on 26/02/2018

Dubai Airports to upgrade southern runway at DXB

Dubai Airports on Monday confirmed plans to close Dubai International’s (DXB) southern runway for a 45-day period in 2019 to conduct a comprehensive upgrade designed to boost safety, service and capacity levels. DXB operates 24/7, 365 days per year with …
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Posted on 26/02/2018

Abu Dhabi Tour: Stage 5 highlights – Video

“As long as I continue winning, I will continue riding,” Valverde said. “I don’t know if I’m the best rider in the world, but I’m a rider who wins big races and is always up there.” Race leader at the start of the stage, Rohan Dennis (BMC), had already …
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Posted on 26/02/2018

Dubai Silicon Oasis, Rochester Institute of Technology Dubai Host Arabic E-Literature Conference

Under the patronage of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the Arabic Electronic Literature: New Horizons and Global Perspectives conference …
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Posted on 26/02/2018

Valverde continues comeback with Abu Dhabi win

Photo: Tim De Waele/Getty Images ABU DHABI, United Arab Emirates (VN) — Spaniard Alejandro Valverde (Movistar) continued his unbelievable comeback since fracturing his leg in the Tour de France with the Abu Dhabi Tour’s summit stage and overall title …
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Posted on 26/02/2018

Valgren wins Het Nieuwsblad, Valverde shines in Abu Dhabi: Daily News Digest

If his win at the Volta a la Comunitat Valenciana didn’t make it clear that Alejandro Valverde (Movistar) is back near his best, then the Spaniard’s performance at the Abu Dhabi Tour certainly did. Valverde, who didn’t race for nearly seven months …
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