Category: FINANCE

Islamic financing growth in the UAE has slowed in 2016, but remained above that of conventional banks on the back of enhanced recognition of Islamic finance and wider adoption of Shariah products, especially in retail, Fitch Ratings said. The share of …
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(MENAFN – Khaleej Times) CBD Now will offer services that can be performed on a smartphone Commercial Bank of Dubai (CBD) on Saturday announced that it would launch the country’s first digital-only bank – CBD Now – to target millennials and digitally …
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DUBAI, United Arab Emirates — A Dubai developer that recently opened the world’s largest indoor theme park now plans an even bigger attraction next door. The Ilyas and Mustafa Galadari Group said on Tuesday that its planned IMG Worlds of Legends park …
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BOSTON (Reuters) – Hedge fund manager Mick McGuire on Tuesday took his fight for … along with the Houston Texans and Tennessee… Dubai’s IMG plans another record indoor theme park By Tom Arnold and Hadeel Al Sayegh DUBAI (Reuters) – Dubai’s IMG Worlds …
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Three Indian men have been accused of stealing 1 million dirhams by hacking into a Dubai businessman’s mobile banking application after obtaining a duplicate SIM card using forged papers. The Indian trio, who have not been named — a 38-year-old worker …
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As China seeks to create global behemoths and focuses on developing its services sector, its economic and trade relationship with the UAE is also changing – from looking at the Emirates simply as an end market for goods to being a hub for finance and …
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First Gulf Bank – As a major leading bank in the UAE, FGB had Shareholder Equity of AED 36.0 Billion as of September 30th, 2016 making it one of the largest equity based banks in the UAE. Established in 1979 and headquartered in Abu Dhabi, the bank …
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The world’s largest gold-backed exchange-traded fund – the SPDR Gold Trust (NYSEArca:GLD) – “will probably qualify,” reckons Shari’ah scholar Mohd Daud Bakar, speaking at a press conference to launch the initiative in Arab financial center Dubai on Monday.
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Our Current Account gives you the ability to transact at your convenience – through a number of ways, in different currencies, and at any time. Our Current Account is available to you in AED, USD, GBP and EUR. – Minimum salary requirement of AED 5,000 …
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If Dubai and Singapore continue to attract volumes on products … which cause the export of our markets in the first place. The hedge fund manager says one niggling thought among traders is the sanctity of the taxation policy for Indian IFSCs, given …
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Hedge funds and non-bank companies … Drydocks World was one of several state-owned companies in Dubai that delayed debt payments after credit markets froze and asset prices slumped during the global financial crisis. The company used the court at …
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Elon Musk wants people to live on Mars by 2030 — and this isolated Hawaiian base camp is the closest we’ve come to that vision yet Legendary hedge fund manager Jim Simons … he founded Careem, a Dubai-based ride-hailing app. Careem has since grown …
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Saxo Bank a warded multiple accolades by FX Week, Finance Magnates, HFM Asia Hedge Fund Services and Global Finance Saxo … Singapore, Paris, Zurich, Dubai and Tokyo.
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He spends time with them in Davos, at a billionaire retreat in Sun Valley, with Chinese billionaires at Meech Lake, and early this week with hedge fund managers and billionaires … made in boardrooms in Beijing and Dubai. Not here.”
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They are derivative-style investments that were originally used by hedge funds and institutional investors to hedge … Kyp Zoumidou, the head of the Dubai office at IG Group, says that CFDs can be used alongside thousands of underlying products including …
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The data facilities in Dubai, Germany, Japan and Australia will extend the … owners – who saw a rush of firearms purchases ahead of… NEW YORK (Reuters) – Hedge funds have struggled of late to keep up their reputation as the sports cars of the…
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Dubai: Amid growing optimism of an Opec deal that could cap … with short term price moves dependent on the level of the US dollar,” Vaqar Zuberi, Head of Research — Hedge Funds/Portfolio Manager — Multi Manager Funds at Mirabaud Asset Management.
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