Dubai: Dubai Municipality on Wednesday has squashed rumours against the popular Indomie instant noodles, confirming that the pasta does not contain worms. In a video that has gone viral across social media in the last four days, a woman alleges that she …
( read original story …)
UAE eyes stricter regulation of infamous 25-year savings plans
A quick trawl through the internet reveals dozens of complaints from expats in countries including the UAE who have fallen victim to restrictive saving schemes often sold through cold calling or even business network LinkedIn. The plans typically involve …
( read original story …)
Dubai Business Events CEO on the Future of Meetings in the Knowledge Economy
The BestCities Global Alliance and Dubai Business Events are focusing more on how convention bureaus can collaborate with association conference organizers to create a longer legacy impact of business events for both the organizations and host destinations.
( read original story …)
Emirates NBD launches game to improve financial literacy
Emirates NBD has launched an edutainment mobile game, Banki, to promote financial literacy in the UAE. Through its engaging and informational interface, Banki will target the nation’s youth to become economically aware at a young age and consider careers …
( read original story …)
Credit Card Dubai by Smart Finance
Credit Card Dubai by Smart Finance – Explore different credit cards so you can choose the one that’s right for you. … one of the Best Credit Cards offers for Expats Living In UAE and Enjoy unmatched privileges and benefits with Dubai Credit Cards,By …
( read original story …)
Dubai through the eyes of the Jashanmal family
Dubai: For decades, Dubai has been a beacon of hope and tolerance for thousands of merchants and families who have prospered here. This legacy of being a hub for fairness, openness and multiculturalism, which it has preserved to this day, is being seen as …
( read original story …)
Historic documents give insight into early Dubai
Adviser of Museum and Heritage Affairs and chairman of the Board of Directors office at Dubai Culture, told Gulf News. This port was located near the Ruler’s Court back then on Dubai Creek. The Hamal Bashi was the person in charge of furdhah — he …
( read original story …)
Dubai named as hottest real estate investment market for 2017
Cluttons’ Middle East’s Private Capital survey revealed that Dubai had overtaken London as the most attractive … To illustrate the current state of alternative assets around the globe including hedge funds, real estate, managed futures, commodities …
( read original story …)
Hedge funds trim bullish bets on USA crude ahead of OPEC deal
Strength in Middle East crude benchmark Dubai may also further narrow its price gap against Brent, leading Asia refiners to buy more oil from the Atlantic Basin and the Americas, traders said. West Texas Intermediate for January delivery rose 5 cents to $ …
( read original story …)
Bad times ahead for public pension, insurance investors
Dubai: A significant number of institutional investors expect … increased target allocations to private equity and real estate. Overall, the appetite for hedge funds is seen receding with over a quarter of LPs planning to reduce their target allocations …
( read original story …)
MIDEAST STOCKS-Egypt hits record high, Qatar buoyed by $44 bln bank merger plan
DUBAI, Dec 20 Egypt’s blue chip stock index surged to a record … and up a spectacular 73.4 percent since the start of the year. Shares favoured by foreign funds were the top performers, with Global Telecom Holding leaping 12.9 percent.
( read original story …)
MIDEAST STOCKS-Egypt surges to fresh eight-year high, Gulf markets diverge
DUBAI, Dec 19 Egypt’s stock index surged 3.1 percent in … because it makes prices more attractive for foreign investors, and may drive local funds into stocks as a hedge against inflation. “The dollar rate is keeping up the appetite” for stocks among …
( read original story …)
100 Women In Finance Open the Market
Founded in 2001,100 Women in Finance (100WF), formerly 100 Women in Hedge Funds, has grown to an association of more … Singapore, Hong Kong, Dubai and Toronto. For further information: please visit www.100women.org
( read original story …)
US equities set to outperform other asset classes
Vijay Harpalani, fund manager at Al Mal Capital in Dubai, said 2017 appears to be another challenging … “Gold is perceived as a hedge against inflation and geopolitical uncertainty. Until mid-2016, gold prices were up 29 per cent, but after Trump …
( read original story …)
The Indian e-commerce wave is far from over
BigBasket raised $150 million in March from an investor consortium led by Dubai’s Abraaj Group … And, the fact that the biggest investor in the company, New York-based hedge fund Tiger Global Management, seems to have taken a back seat in its ongoing …
( read original story …)
UAE online-savvy shoppers ready to pay more for same day delivery
Technology is changing not just how consumers shop … is a well-connected Indian journalist and an economic and financial commentator. He has been in the UAE’s mainstream journalism for 35 years, including 23 years with Khaleej Times.
( read original story …)
UAE’s healthcare sector feels a bit of chill
DUBAI: The UAE’s healthcare sector has caught a bit of chill — and it’s nothing to do with the weather. After five years of strong double-digit growth when clinics and specialty hospitals were either opening in every neighbourhood or being announced …
( read original story …)