Singapore’s Dymon Asia Capital has opened its first office in the Middle East to capitalise on the time zone and capture more investment talent in that region, the hedge fund manager said.
Gross banks’ assets hit Dhs4,378b by August-end: UAE Central Bank
The Central Bank of the UAE (CBUAE) announced that gross banks’ assets, including bankers’ acceptances, increased by 0.7 per cent from Dhs4,348.6 billion at the end of July 2024 to Dhs4,378.0 billion …
Hong Kong needs to nurture insurance talent to rival Singapore and Dubai, CEOs say
Lawrence Lam, Hong Kong CEO at Prudential, says data analysts have become more important than ever in the industry.
Saudi Arabia’s Almoosa plans to raise up to $450 million through Riyadh IPO
Saudi healthcare provider Almoosa Health plans to raise as much as 1.688 billion riyals ($449.3 million) from selling a 30% stake in the company via an initial public offering on the Riyadh bourse, it …
Hedge funds and wealth managers ‘are a boon’ for DIFC
The DFSA (Dubai Financial Services Authority) the independent regulatory agency that oversees financial services …
Dubai’s virtual asset regulator issues alert against XT.com and six other crypto entities
Dubai’s Virtual Assets Regulatory Authority (VARA) has issued alerts for seven crypto entities claiming to be registered and licensed in Dubai. The entities include, Koto Crypto, Finchain, Crypto …
Emirates NBD revitalises bespoke Emirati Package proposition targeting aspirations, lifestyle and financial needs of UAE Nationals
Bank adds full suite of tailored offerings focusing on diversified needs of Emiratis including accounts, loans, wealth management and credit cards …
Emirates NBD revitalises bespoke Emirati Package proposition targeting aspirations, lifestyle and financial needs of UAE Nationals
Bank adds full suite of tailored offerings focusing on diversified needs of Emiratis including accounts, loans, wealth management and credit cards …
Dubai Chambers signs MoU with HSBC to support expansion of companies locally and globally
This collaboration will contribute to enhancing our efforts to accelerate the growth of companies across diverse sectors and attract global investments to Dubai” …
UAE’s Abu Dhabi sets out measures to help business get away from oil
Abu Dhabi, the capital of the United Arab Emirates (UAE), set out measures on Wednesday to simplify processes for businesses as it strives to diversify its economy away from oil. The oil-rich city …
UAE’s Abu Dhabi sets out measures to help business get away from oil
Abu Dhabi, the capital of the United Arab Emirates (UAE), set out measures on Wednesday to simplify processes for businesses as it strives to diversify its economy away from oil. The oil-rich city …
Dubai: Abu Dhabi-based Aldar acquires flagship tower in DIFC for Dh2.3 billion
Located within DIFC and set for completion in 2028, the landmark tower will include commercial and retail spaces split across 40 floors …
Dubai: Abu Dhabi-based Aldar acquires flagship tower in DIFC for Dh2.3 billion
Located within DIFC and set for completion in 2028, the landmark tower will include commercial and retail spaces split across 40 floors …
UAE’s Aldar acquires tower in Dubai DIFC for $626mln
The seller is Dubai developer H&H Development, the builder of Four Seasons Hotel Dubai International Financial Centre …
UAE tells Corporate Tax payers to pay up or face fines
UAE authorities have told Corporate Tax payers to pay dues on time or face fines. The Federal Tax Authority (FTA) called on businesses subject to Corporate Tax to file their returns and pay their dues …
GDC and Linklaters Advise on Talabat’s $2BN IPO in World’s Largest Tech IPO of 2024
Gibson Dunn is advising Talabat on U.S. and English law, while the United Arab Emirates’ Ibrahim .N. Partners are advising on UAE law. Linklaters is supporting the joint lead managers—Emirates NBD Capital, Abu Dhabi Commercial Bank, EFG Hermes UAE, and First Abu Dhabi Bank—on English, U.S., and Abu Dhabi Global Market (ADGM) free zone law.
Building Dubai’s Crypto Hub, The Story Of DMCC’s Leadership
Explore Dubai’s journey to becoming a global crypto hub, from early blockchain pilots to the rise of the DMCC Crypto Centre under Ahmed Bin Sulayem’s leadership.