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.
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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;
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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 …
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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 …
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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.
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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 …
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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 …
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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 …
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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 …
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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 …
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UAE banks poised for strong H2 performance
Dubai: Financial results of UAE banks in the second quarter of this year point to improving profitability, modest balance sheet growth, margin expansion and improving costs, according to banking sector analysts. While the underlying trend of a turnaround …
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Dubai still in lead, but race for Gulf financial supremacy is hotting up
The Dubai International Financial Center (DIFC) last week gave an update on the impressive plans it has to expand — both physically and commercially — as part of a 10-year plan that aims to triple its size by 2024. On the real estate side of the …
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Dubai’s Noor Bank cuts dozens of jobs
Dubai-based Noor Bank has laid off several dozen employees, banking sources told Reuters on Tuesday, the latest lender to adjust to more subdued growth levels in the local financial services sector. Although the number of jobs cut in the past few weeks was …
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Abu Dhabi Islamic Bank invests heavily in digital services
Details on entering MEED’s new awards programme can be found below As the UAE’s banking industry becomes ever more competitive, Abu Dhabi Islamic Bank (ADIB) says it will continue with its current strategy based on prudence in risk management …
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UAE’s Union National Bank opens Shanghai branch
Union National Bank (UNB), 50 percent owned by the Abu Dhabi government, has begun operations at its branch in Shanghai, becoming the first bank from the UAE to operate a branch in mainland China, the bank said on Tuesday. The Shanghai presence will …
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Deposits in UAE Banks Surge to $120 Billion in H1
according to UAE Central Bank statistics. The term ‘Short Term Deposit’ refers to an amount of money placed in a bank or financial institution for a term no longer than one year. It will usually earn a fixed rate of interest. According to Central Bank data …
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UAE bank profitability slips slightly in second quarter, Alvarez & Marsal survey shows
UAE banks saw profitability decrease in the second quarter because of lower non-interest income but on the bright side net interest margins are increasing, according to the latest UAE Banking Pulse report from Alvarez & Marsal, the global professional …
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