… and create the world’s largest open air museum have been welcomed by traders working in one of Dubai’s oldest neighbourhoods. Members of the local business community say the rejuvenation of Shindagha Heritage District in Dubai Creek, part of a wider …
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Four African elephants arrive at Dubai Safari
Dubai: African elephants will enthral visitors at Dubai Safari Park from October, Gulf News has learnt. Meanwhile, some old and sick animals at the old Dubai Zoo have yet to be shifted to the new wildlife park. Four African elephants, three females and one …
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Seven Super Foreign Funds
Many fund managers hedge against currency fluctuations … Larsson and Madsen had feet on the ground (either their own or their analysts’) in Australia, Dubai, Indonesia and Japan. The team focuses on small and midsize foreign firms, investing in what …
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Franklin Templeton Sheds Bahraini Bonds and Warns of Crisis
“The writing’s on the wall,” Kronfol said in an interview in Dubai. “The market and Bahraini authorities … or even talk about the peg being sustainable.” Read More: NYC Hedge Fund Eyes Its Next Distressed-Debt Target: Bahrain Bahraini officials …
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Gold prices inch up as trade row triggers safe-haven buying
Dubai gold prices are Dh155 for 24-karat and 22-karat can … news agency Yonhap said on Sunday. Hedge funds and money managers raised their net long position in COMEX gold by 6,506 contracts to 64,572 contracts in the week to June 12, US data showed …
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This Crypto Bro Left Twitter After His ‘Successful People’ Tweet Was Memed
BuzzFeed – 11:01 AM GMT June 16, 2018 Piers Morgan Gets Rinsed Over ‘Love Island’ Tweet Claiming He’d ‘Stumbled Upon’ His First Episode The Huffington Post – 10:40 AM GMT June 15, 2018 Atul Kochhar tweet: Chef sacked from Dubai hotel restaurant …
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NB Global Floating Rate Income Fund : Portfolio Update – May 2018
The firm manages equities, fixed income, private equity and hedge fund portfolios for institutions and advisors … and Exchange Commission (‘SEC’) in the U.S. and regulated by the Dubai Financial Services Authority. This document is addressed to …
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Global engineering insurance declines while new technology creates new risks
The research further showed that while London remained an important centre for construction-related insurance, increasingly engineering risks were underwritten from international hubs in Singapore, Dubai … to engage in hedge fund trading with derivatives.
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Business News at a Glance
It sits in a dry dock in Dubai. In December 2016, a High Court judge ordered … which last month made a hostile takeover offer for the company. The hedge fund is renowned for its use of sharp-elbowed tactics. Late last month, a 2005 court filing that …
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Dubai Marina’s Zen Tower fire started on balcony, report shows
The fire that erupted in Dubai Marina’s Zen Tower on May 13 began on the balcony of a first floor, where furniture kept outdoors caught fire due to an electric short circuit or from smoking waste, according to a report by Al Barsha police station released …
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UAE announces new fee caps on banking services
The UAE Central Bank (CBUAE) has announced an amendment to regulate … CBUAE also instructed banks and finance companies to display the new fee caps on their websites. Going forward fees charged by the banks will be reviewed annually to ensure that …
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UAE equity indices slide further amid trade tensions
The Dubai Financial Market (DFM) index fell 1.45 per cent to end below the 3,000 mark for the second day in a row, at 2,939.33, as most stocks ended in the red. The Abu Dhabi Securities Exchange (ADX) general index, which a day earlier fell around 2.7 per …
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UAE Likely to Improve Ties With Syria, Play Role in Reconstruction – Diplomat
Early on in the Syria crisis, the UAE adopted a somewhat neutral stance, calling for an end to the violence but opting not to actively throw its support behind either side. Speaking to Sputnik reporter Suliman Mulhem on Tuesday, Emirati Second Secretary …
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UAE students tackle exams when football World Cup is running
Children watch the World Cup match between Germany and Mexico with their father at a cafe in Abu Dhabi. Parents have realised that forcing children to skip matches is not a great idea. Ahmed Kutty/Gulf News Mohanty added that it is also not a good idea to …
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Visa extension for widows, divorced women in UAE
Abu Dhabi: The UAE Cabinet has adopted a decision to extend the visa of the widowed or divorced women residing in the UAE and their children for one year from the date of the divorce or the death of the spouse, as part of the latest legislative …
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Aldar Properties : acquires $1bn Abu Dhabi real estate assets
Aldar Properties says it has reached an agreement with Tourism Development & Investment Company (TDIC) to acquire a portfolio of prime real estate assets worth Dh3.7 billion ($1.01 billion), in one of the largest real estate acquisitions in the country’s …
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MIDEAST STOCKS-Dubai slips on property and banking shares, Abu Dhabi also down
DUBAI, June 19 (Reuters) – Dubai’s main index fell almost 1.5 percent on Tuesday as concerns over trade tensions between the United States and China ricocheted through emerging markets. Asian stocks wilted to a four month low with a nearly 4 percent drop …
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