Category: FINANCE

Dubai, United Arab Emirates–(Newsfile Corp. – September 3, 2023) – ICEBERG Financial, a leading investment consultancy firm based in Dubai, is thrilled to announce the launch of its groundbreaking …

The CBD Super Saver Credit Card from the Commercial Bank of Dubai ticks all the boxes right now for money-savvy residents thanks to its ease and speed of use, generous customer benefits, and great …

Global Investment Holding Co., a UAE-based company, acquired Sunday a 30 percent ownership stake in Egypt’s largest tobacco products maker Eastern Company.

Global Investments Holding Ltd., a company based in the United Arab Emirates, has acquired a 30% stake in Egypt’s largest tobaproducer, Eastern Comp …

AIX Investment Group (AIX), one of Dubai’s leading investment firms, believes that by nurturing sectors such as finance, tourism, and real estate, the emirate has developed a robust and stable economy …

The answer is related to the reason why Sculptor still has $34 billion under management, even after its founder-CEO Dan Och left and after it paid a $213 million fine, as well as $136 million in …

London, once a prime destination for millionaires worldwide, is losing its allure as the rich are now heading to Dubai in droves. A remarkable shift has …

Trade groups including the Managed Funds Association argue in their U.S. appeals court petition the rules exceed the SEC’s authority.

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, …

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 …

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 …

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’ 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.

Saudi Arabia’s Lumi, one of the largest auto rental firms in the kingdom, said on Wednesday that it could raise up to 1.089 billion riyals ($290 million) after a price range was set for its initial …

According to Clifford Chance, this funding, to be provided by a club of UAE and Non-UAE based Islamic financial institutions, will be used to acquire three prime telecommunications tower asset …

DUBAI – In the first eight months of the year, 29 brokerage firms listed on Dubai Financial Market (DFM) conducted over 2.57 million deals on 80 billion shares worth AED 136.4 billion.

Dubai Financial Market has seen shares worth AED136.4bn ($37.1bn) traded so far this year. In the first eight months of the year, 29 brokerage firms listed on the DFM exchange conducted more than …