The Dubai Financial Services Authority (DFSA), in collaboration with 11 other financial regulators and associated organisations from around the world, has issued a discussion paper announcing the esta…
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UAE job vacancies on the rise
Krishnan Ramachandran, CEO of Barjeel Geojit, said: “The growth momentum, backed by higher oil prices and output, has picked up in the UAE. The economy is now well poised to reach a GDP growth of 3.5 …
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Want to save? Try this old-school coin bank
Dubai: Struggling to save? Some Filipinos in the UAE who have … Users gave a twist to the old-school piggy bank method and used a “save and shade” template printed on a tin can. Through this, savers …
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MIDEAST STOCKS-Property pulls back UAE; Saudi stocks fall on oil volatility
DUBAI, Aug 9 (Reuters) – Weakness in property shares weighed on the Abu Dhabi and Dubai markets on Thursday in fallout from an earnings miss by Aldar Properties, while oil price volatility hurt Saudi …
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State Funds Back Cathay Midcap II
Hedge funds manage money from a wide number of capital sources including … Nordic Capital, through its fund Nordic Capital Fund VIII, sold Danish logistics company Unifeeder Group to Dubai-based por…
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DP World to Acquire Unifeeder from Nordic Capital
DP World was founded in 2005 by merging Dubai Ports Authority and Dubai Ports International … Existing investors in UTA include Jeffrey Ubben, a co-founder of hedge fund ValueAct Capital. The UTA pa…
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Abraaj founder faces fresh criminal complaint over $300m loan
The cheques relate to a $300m loan issued by Mr Jafar to Dubai-based Abraaj … after resistance from some investors in Abraaj funds. Other offers have been received, including bids from US hedge fund …
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Gold prices rise, 22k priced at Dh138 in Dubai
Meanwhile, 24k gold is priced at Dh147.25 and 22k can be bought at Dh138.25 in Dubai. US gold futures were … world’s largest gold-backed exchange-traded fund, fell 0.26 percent to 794.90 tonnes on F…
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MO’ MONEY: New doc examines how greed replaced the American Dream
a disgraced hedge fund guy and various others who went after money with a passion. Her film moves all over the globe — America, China, Ireland, Dubai, Iceland, Europe — examining wretched excess in ev…
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HDFC Bank Limited (HDB) Shares Bought by Jennison Associates LLC
17.02% 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 Trea…
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DnB Asset Management AS Cuts Stake in HDFC Bank Limited (HDB)
Other hedge funds and other institutional investors also recently bought … and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in Treas…
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Police launch campaign to tackle speeding drivers
2018 Dubai tourist racks up £36k in speeding fines in rented supercar BBC News – 16:51 PM GMT August 06, 2018 Hedge fund manager is fined £440 for speeding despite arguing it should have been less Mai…
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DFSA Joins Peers in Discussion on a Global Financial Innovation Network
The Dubai Financial Services Authority (DFSA), in collaboration with 11 other financial regulators and associated organisations from around the world, has today issued a discussion paper announcing th…
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UAE’s Yahsat introduces Yahclick Wi-Fi Enterprise Solution
Yahsat, the UAE-based satellite operator, has launched the YahClick Wi-Fi Enterprise Solution in partnership with Italian Wi-Fi cloud management software provider Tanaza The announcement follows an ag…
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Dubai’s Emirates revamps amenity kits in first and business class
Dubai airline Emirates has revamped its amenity kits in first and business class with new luxury products, it announced on Thursday. The airline has partnered with Swedish luxury brand Byredo skincare …
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UAE bans import of birds from East Malaysia
Dubai: Live birds and non-heat-treated bird products from East Malaysia have been banned in the UAE following an outbreak of the HSN1 bird flu on a farm, said the UAE Ministry of Climate Change and En…
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Yahsat Introduces Yahclick Wi-Fi Enterprise Solution With Hotspot Cloud Management Partner Tanaza
Yahsat, the UAE based satellite operator, announced today the launch of YahClick Wi-Fi Enterprise Solution in partnership with Italian Wi-Fi cloud management software provider Tanaza. The announcement …
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