Hedge funds and other money managers have purchased a record number … (Editing by David Evans) CID’s Inspector Purvi is holidaying in Dubai, see pics NRI woman trapped men to get money to marry one she loved Zumba: Radhika Pandit reveals the secret …
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Dubai International Financial Centre signs MoU with Gujarat International Finance Tec-City
Dubai International Financial Centre (DIFC), the leading financial hub in the $7.4 trillion Middle East, Africa and South Asia (MEASA) region has signed a Memorandum of Understanding with Gujarat International Finance Tec-City (GIFT) in an effort to …
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DIFC, Gujarat International Finance Tec-City sign MoU
In an effort to encourage further cooperation and collaboration between the financial centres, Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding (MoU) with Gujarat International Finance Tec-City (GIFT). The MoU calls for …
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India’s Federal Bank plans to open DIFC branch
Dubai: Federal Bank, a private sector commercial bank based in south India is planning to expand its GCC (Gulf Cooperation Council) presence through a branch in the Dubai International Financial Centre (DIFC) and representative offices in Bahrain …
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Evercore plans Dubai office amid Saudi Aramco IPO talks
Evercore Partners Inc., the investment bank founded by Roger Altman, is planning to open an office in Dubai as it seeks new business in the region, including a role on Saudi Arabian Oil Co.’s initial public offering, according to people familiar with the …
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Numerai Launches Cryptocurrency and New Hedge Fund Built By Data Scientist Network
A hedge fund would prefer permanent information asymmetry where it … As a prominent keynote presenter, he has spoken on Blockchain at events in Gdansk, Amsterdam, Minsk, Dubai, Antwerp, Eindhoven etc, where he helped spread the cause for Blockchain …
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How UAE bank workers stay current with trends
The emirates institute for Banking and Financial Studies (EIBFS) continues to play an important role in supporting the placement of UAE nationals in various financial institutions by offering them training and education, said a senior executive.
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Aramco IPO could push other GCC states, such as UAE, to list oil assets
Saudi Aramco’s initial public offering (IPO) could encourage other Gulf countries to list their oil assets, a leading regional economist said, but the oil giant must clear uncertainties over taxation, OPEC policy and ownership of crude. Nasser Saidi, a …
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Evercore Plans Dubai Office, Hiring Amid Aramco IPO Talks
Evercore Partners Inc., the investment bank founded by Roger Altman, is planning to open an office in Dubai as it seeks new business in the region, including a role on Saudi Arabian Oil Co.’s initial public offering, according to people familiar with the …
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UAE MoF adopts electric-powered vehicles
The MoU comes as part of MoF’s commitment to support sustainable energy resources in line with UAE vision 2021, by using sustainable transport services offered by Emirates Transport–which contribute to clean energy and provide a healthy and safe …
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ADGM head says fintech investment is essential for UAE financial market development
Fintech is an essential ingredient to drive the UAE’s financial sector forward, according to HE Ahmed Al Sayegh, Chairman of ADGM speaking during his keynote address at the Middle East Investment Conference. In March 2016, ADGM was the first jurisdiction …
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Aramco IPO could push other Gulf states to list oil assets: economist
KHOBAR, Saudi Arabia Saudi Aramco’s initial public offering (IPO) could encourage other Gulf countries to … Nasser Saidi, a former economy minister of Lebanon, told Dubai Eye Radio in an interview broadcast on Wednesday that Aramco has to address how …
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BUZZ-Fannie and Freddie Mac plunge; court shuts down hedge fund effort
Shares of Fannie Mae and Freddie Mac slump 32 pct and 34 pct respectively, on Tuesday, after a U.S. appeals court upheld dismissal of hedge funds’ claims against the … CID’s Inspector Purvi is holidaying in Dubai, see pics Sports Calendar 2016 – Times …
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Six banks pitch for Aramco IPO role on Saudi bourse – sources
DUBAI/RIYADH (Reuters) – Saudi oil giant Aramco [IPO-ARMO.SE] has received proposals from at least six banks for an advisory role on the firm’s planned initial public share offering, sources familiar with the process said on Tuesday. Saudi authorities are …
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Dubai’s International Finance Centre grew by 14 per cent last year
Bosses at the state-owned financial free zone, known as the DIFC, say there has been a 10 per cent increase in financial firms registered in the DIFC, and a 17 per cent rise in non-financial companies. Profits at Dubai’s financial district grew by seven …
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This Oil Nation Aims To Colonize Mars
The Emiratis, despite the oil price crash, still have a respectable stash in their sovereign wealth fund, the Investment Corporation of Dubai. The fund was worth US$175 billion three years ago, when it launched its international expansion strategy …
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Kuwait replaces wealth fund head after 14 years, Al Rai reports
Dubai: Kuwait Investment Authority (KIA … In that role, he was responsible for private equity, hedge funds, real estate and the KIA’s representative office in China, according to the fund’s website.
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