Dubai: Confidence in the outlook for Saudi Arabia’s banking sector is gaining momentum as most leading banks have shown resilience in balance sheet growth and profitability while improving asset quality during the first half of 2017. Banking sector …
( read original story …)
UAE’s eight steps to avoid personal bank fraud
These tips were compiled as part of efforts by the UBF to raise banking security standards in the UAE and protect consumers from fraud and financial crime. This move is in response to an increase in incidents of financial fraud. Several reports have …
( read original story …)
Blockchain Tech As A Hedge Against Low Oil Prices
Related: Tesla Successfully Raises Funds As Cash Bleed Continues Nigeria was hit especially … Sheikh Mohammed, Vice President of UAE and the ruler of the emirate of Dubai explained: “The plan aims to increase usage efficiency by 40 percent and increase …
( read original story …)
What digital payment regulation means for the UAE
With the new regulation of the UAE Central Bank, we see a move towards regulating and legalising the emergence of PSPs to provide digital payments in the emirates. With the introduction and spread of digital money means in the UAE, the Central Bank is …
( read original story …)
UAE bank credit increases in July
Gross credit by the UAE banks grew in July, reflecting increase business activity in the country while deposit by non-residents increased last month. According to the UAE Central Bank data, gross credit increased by 0.2 per cent, rising from Dh1,591.3 …
( read original story …)
Mawarid to raise Dh1b through IPO
“Currently we are looking at the possibility of listing in Dubai and cross-listing at some other international bourse. The IPO will be somewhere between half a billion to one billion dirhams. Our application is with the authorities and the decision when to …
( read original story …)
Brevan Howard feeder-fund chair laments poor performance
He also revealed BH Macro would cancel its listings on both the Bermuda and Dubai stock exchanges in September and … Brevan Howard, the hedge fund firm co-founded by Howard and a group of former Credit Suisse traders in 2002, has suffered from …
( read original story …)
3 Reasons to Buy Gold ETFs Now
Amid rising volatility, the world’s largest hedge fund – Bridgewater – suggested to put about 5% … To beat GST, Indian consumers also looked to Dubai for buying gold and jewelry. Retailers in Dubai witnessed higher demand among Indian travelers.
( read original story …)
Rocktoberfest Sponsorships And NYC Finance Luncheon At Zuma New York
This renowned restaurant has successfully launched eleven global outposts, including London, Hong Kong, Dubai, Istanbul … or: Mitch Ackles; Hedge Fund PR; 646.657.9230;
( read original story …)
PRECIOUS-Gold prices steady, but off 9-month highs as dollar firms
The Dubai Gold and Commodities Exchange and Saudi Arabian conglomerate … said its holdings rose 0.48 percent to 799.29 tonnes on Friday. * Hedge funds and money managers hiked their net long position in COMEX gold futures and options for a fifth straight …
( read original story …)
Cindicator Brings AI and Collective Intelligence to Drive 47% Investment Yield Per Annum
Developer of Hybrid Intelligence platform, Cindicator uses millions of decentralized predictions from non-professional analysts and machine learning algorithms to provide hedge funds and institutional … Minsk, Dubai, Antwerp, Eindhoven, Bucharest …
( read original story …)
Around The Track Podcast Presented By Taylor Made: Sol Kumin Shares The Ride
and Arlington Million. Since he got into the game as a neophyte owner three years ago, Kumin, a 42-year-old Wall Street hedge fund manager, has circled the globe winning at classy events, including Royal Ascot, Dubai, the Breeders’ Cup and the Triple Crown.
( read original story …)
Etihad-linked bonds drop again after Air Berlin bankruptcy
DUBAI: Etihad Airways’ bonds issued through a special purpose … The bonds are due beyond the 18-month period indicated in the letter, said an investment analyst at a hedge fund in London. An independent auditor in the same report said: “The group …
( read original story …)
Qatar bourse to introduce short selling soon
The QSE’s efforts to introduce regulated short selling follow similar plans unveiled by bourses in Abu Dhabi, Dubai and Saudi Arabia … Most short selling is done by hedge funds and institutional investors to cushion their positions against falling …
( read original story …)
US policy paralysis, Jackson Hole take centre stage for global equities
Dubai: The resignations of key officials in the US government … team] actions are having greater impact across asset classes,” Vaqar Zuberi, head of hedge funds at Mirabaud Asset Management, told Gulf News via email. “This is likely to continue …
( read original story …)
UAE-China economic cooperation to drive success of Belt & Road Initiative
Discussions also centred on the challenges and opportunities in promoting Islamic financial instruments in China with a focus on Islamic Sukuk. The impact of Dubai’s emergence as the largest Islamic Sukuk hub in the world on Chinese companies was tackled …
( read original story …)
Evolution of e-banking in the UAE
The banking industry, integral to our commercial and personal lives, has evolved with the times to embrace new challenges and cater to constantly changing consumer behaviour and attitudes. Technology has undoubtedly played an obvious and increasingly …
( read original story …)