Remittances by expats in the UAE, mostly Indian workers, rose over 17% in the first quarter of this year. They remitted AED43.5 billion in the first three months of 2018 compared to AED37.1bn last year, reported Wam news agency based on figures by the …
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UAE’s Pacific Controls in technology tie-up with Qude
RELATED ARTICLES: Dubai’s Pacific Controls in talks over $381m debt | Commvault and Pacific Controls form alliance | NBF Capital raises $272m for Pacific Controls Dubai technology company Pacific Controls and US-based Qube have formed a strategic …
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Countdown Begins for the Blockchain Investment Technology Conference at Atlantis Dubai
DUBAI, United Arab Emirates, May 29, 2018 /PRNewswire/ — It’s four weeks to go for the awaited technology event of 2018: The Blockchain Investment Technology Conference Middle East (BITConME) takes place on 25 June at Atlantis, The Palm Dubai …
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Sharjah Ruler receives journalists
Sharjah – His Highness Dr Shaikh Sultan Bin Mohammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, received on Tuesday journalists from across the UAE. In a lecture at Al Majaz Amphitheatre, Dr Shaikh Sultan spoke about the roots of Arabic …
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Dubai gym fees second highest in the world
DUBAI: A monthly gym membership in Dubai is the second highest in the world, next only to Tokyo, a leading international bank has found. According to reports, the findings by Deutsche Bank are part of its annual “Mapping the world’s prices” survey …
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New scam using fake Dubai hospital targets jobseekers
Dubai: At first blush, and even at second, Maris Hospital ticks all the right boxes: multi-specialty clinics across key locations in Dubai, state-of-the art facilities, glowing patient testimonials, tie-ups with leading insurance providers and a team of …
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Report: Li rejected Milan bid
Both the club and owner are in debt to U.S hedge fund Elliott Management … Today La Repubblica is reporting that Li rejected a €450m bid from Dubai, thought to be Mohamed Al-Falasi, which would have settled the Elliott debt. Yonghong Li, Han Li …
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Fall in Dubai gold price continues today, time to buy?
22k gold in Dubai is priced at Dh147 and buyers can buy 24k for … fell 0.1 percent to 855.28 tonnes on Friday. Hedge funds and money managers cut their net long position in COMEX gold contracts by 21,294 contracts to 31,327 in …
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AI Trader – Cryptocurrency trading powered by Deep Learning and Artificial Intelligence
While hedge fund and cryptocurrency trading is becoming the highly utilized … AI Trader is developed by Middle-East’s largest cryptocurrency miners located in Dubai. They are a team of brilliant developers and researchers who envisioned the future …
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Trade, geo-politics worries add to downside risks in global markets
Dubai: The growing concern over geopolitics in Asia and Europe … in crude oil production caps in Russia and Saudi Arabia,” Vaqar Zuberi, Head of Hedge Funds at Mirabaud Asset Management said. “In light of these concerns, US and European bourses …
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NEWS HIGHLIGHTS
Bahrain distressed bonds targeted by US hedge fund Greylock Capital Management … and Ruler of the Emirate of Dubai said, “At today’s Cabinet meeting, we decided to allow 100 per cent foreign ownership of companies in UAE, with a 10-year visa for …
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Classics Revisited: Cecconi’s Mayfair
The stealth-wealth locations make a classy change from the restaurant groups that wantonly follow the big money to Dubai, Abu Dhabi … the galleries of Cork Street round the corner and a hedge fund hanging from every nearby office, Cecconi’s is one …
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Corruption Currents: Ivanka Trump Receives Trademarks Days Before ZTE Move
(AP) Local cases: The founder of a hedge fund pleaded guilty in a bribery case involving a … Separately, a Maltese lawmaker wrote to Dubai regulators asking for a probe into a local company. (ToM, FT, ToM) Canadian regulators are looking at ways to …
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Single Royals 2018: Prince Hamdan and All the Other Heirs on the Market Now That Prince Harry Is Taken
The 35-year-old is the second son of Sheikh Mohammed bin Rashid Al Maktoum, who is the vice president and prime minister of the United Arab Emirates and emir, or ruler, of Dubai … he works with Wall Street hedge funds. The young Danish prince is the …
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UAE retailers rule out shortage of vegetables
Dubai: Retailers have allayed fears of a shortage of fruits and vegetables popular among the expat community of Keralites following a ban on their imports from the Nipah virus-hit Indian state. The UAE on Tuesday announced the ban on imports of fresh …
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Report: UAE activist sentenced to 10 years for online posts
The Dubai-based Gulf News reported on Wednesday that the defendant, identified as “AMS” by his initials, will also be under probation for three years after prison. Gulf News says Mansoor, who had a court-appointed lawyer, was convicted on Tuesday of …
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UAE import ban hits 100 tonnes of Kerala produce
Shortly after the ban was announced, Indian Ambassador to the UAE Navdeep Singh Suri told Gulf News that the embassy has taken up the matter with the UAE. “We have taken up the matter with the relevant authorities in the government of UAE who have …
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