Abu Dhabi – Mubasher: The Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) announced it would expand its facilities and services across the UAE, mainly in Dubai where it operates …
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US issues new warning to ships after ‘sabotage’ off UAE
DUBAI, United Arab Emirates — The U.S. issued a new warning early Monday to sailors over alleged “acts of sabotage” targeting ships off the coast of the United Arab Emirates amid heightened regional …
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UAE says four vessels subjected to ‘sabotage’ near Fujairah port
DUBAI (Reuters) – Four commercial vessels were … development,” according to the statement that was carried by state news agency WAM. The statement, which did not identify the vessels beyond …
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UAE claims four vessels targeted by ‘sabotage operations’
Four commercial vessels have been targeted by “sabotage operations” near territorial waters of the United Arab Emirates, its foreign ministry says. The sabotage attempt occurred in the Gulf of Oman, …
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NBE aims to attract more UAE investors to Egyptian market
Jamal Saif Al Jarwan, secretary-general of the UAE International Investors Council, met in Dubai with Hussein Tantawy, CEO of the National Bank of Egypt (NBE) in the Dubai International Financial …
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Dubai office rents drop, with landlords offering ‘generous incentives’ – report
both domestic and international organisations are well-placed to take advantage of Dubai’s business-friendly rental environment.” The report found that average rents at DIFC were estimated at …
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Dubai’s Nimai Capital’s Dh550.5m fund to invest in Asia, Africa
Dubai – Investment banking advisory firm Nimai Capital has launched $150 million (Dh550.5 million) fund in partnership with Kenya’s Victoria Commercial bank to invest in to financial services sector …
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Sharjah showcases UAE heritage in Italy
Image Credit: Supplied Turin: The Sharjah pavilion in the heart of Turin International Book Fair (TIBF) 2019 has continued to attract huge Italian crowds, who are pouring in to have their first …
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We have to move on from this defeat, Sharjah coach says
Al Wasl’s Brazilian mid-fielder Fabio De Lima celebrates with teammates after scoring the match-winner against Sharjah late in injury time on Saturday. Image Credit: AGL Abu Dhabi: The Arabian …
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What makes The Abu Dhabi EDITION one of the UAE’s best luxury hotels?
A modern property full of history, art and enough food to ensure you’ll never want to leave – Danae Mercer heads to Al Bateen Peninsula to discover The Abu Dhabi EDITION A meat sommelier named Charlie …
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EIBFS holds workshop on ‘Fintech in Islamic Finance’
held an interactive workshop on the implications of Fintech in Islamic Finance in collaboration with the Dubai Islamic Economy Development Centre (DIEDC). Zubair Ahmed, Senior Vice President, ENBD …
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Q1 net profit down by 72% at Eshraq Investments in Abu Dhabi
Abu Dhabi Securities Exchange-listed (ADX) real estate and investment firm Eshraq Investments has seen net profits decline by more than 70% in the first quarter of 2019, with revenue also reducing …
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Finablr Is Said to Struggle to Find Enough Buyers for London IPO
The holding company for businesses, including Travelex Holdings Ltd. and the UAE Exchange Centre LLC, could opt to restructure or delay the IPO, the people said, asking not to be identified as the …
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Dubai powerhouse AIM Summit brings alternative investments, private debt to inaugural European conference in Geneva
we found that nothing was focused predominantly on alternatives (Hedge Funds, Private Equity, Venture Capital, Private Debt), and so Dalma launched the first conference in Dubai, along with the …
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Who to Sue When a Robot Loses Your Fortune
It all started over lunch at a Dubai restaurant on March 19 … During their meal, Costa described a robot hedge fund his company London-based Tyndaris Investments would soon offer to manage money …
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HDFC Bank Limited (HDB) Shares Sold by Millennium Management LLC
A number of other hedge funds and other institutional investors also recently … financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in …
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Hong Kong Fund’s Projected $400 Million Overstock Investment Ends With $5 Million Close
but if it needs money those funds can get “pushed down” to it from the parent company, according to Noursalehi. This funding served as a “kind of hedge” against the uncertainty in the GSR …
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