Next Story New banking law announced in UAE YOU MAY LIKE Sponsored Links by Microsoft Office 365: Buy yearly, get 12 months for the price of 10 Microsoft Office 365: Buy yearly, get 12 months for the price of 10 Microsoft Office 365: Buy yearly …
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Bank of Sharjah: A partner you can trust
Over the decades, the bank has grown significantly and plays a crucial role in empowering the emirate of Sharjah as a leading contributor to the UAE Federation, which has boosted growth in the region. With the emergence of the UAE’s stock markets …
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Overcast skies for Bitcoin, but Blockchain is taking the UAE by storm
… Blockchain Challenge saw 21 start-ups fly into Dubai from 19 cities – to pitch their best and brightest blockchain ideas – several of which are now being piloted around the city. The National Bank of Dubai (NBD), has become the first bank in the …
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UAE- DFSA signs MoU with Astana Financial Services Authority
DUBAI, 21st June, 2018 (WAM) — The Dubai Financial Services Authority, DFSA, today entered into a Memorandum of Understanding, MoU, with the Astana Financial Services Authority, AFSA. The MoU was signed in the Dubai International Financial Centre, DIFC …
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Obaid Al Tayer, Luxembourg’s Minister of Finance discuss cooperation
Al Tayer stressed the importance of collaborative work between the two countries to speed-up the role and activities of UAE-Luxembourg Council for Cooperation and Development of Islamic Banking and Finance, which includes a number of prominent financial …
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GEMS Education to freeze salary increases for teachers
The education provider has is also reportedly planning to delay an IPO after Dubai moved to cap school fees GEMS is also planning to delay an initial public offering because of Dubai’s school fees decision. Blackstone Group-backed GEMS Education plans to …
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UAE: 9 tips to choose the best credit card for you
Some of the information here has been collated in collaboration with #ibankislamic which aims at creating awareness about Islamic banking in the UAE.
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Regional IPO expected to pickup in second half
Dubai: Initial Public Offerings in the Middle East are expected … Overall (domestic and cross-border) IPO activity in the Middle East witnessed a slow start, with capital raising amounting to only $263 million (Dh965 million) from six offerings in …
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Dubai International Financial Centre Announces New Fintech Partnership With Startupbootcamp
Dubai International Financial Centre (DIFC) announced on Tuesday it has formed a new partnership with Startupbootcamp to support the development of the growing fintech and venture capital ecosystem in the Centre as well as promote entrepreneurship in the …
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What the new bank fee caps mean for UAE customers
The decision by the Central Bank of the UAE to cap fees and commissions has been lauded by personal finance experts for bringing transparency to the banking industry and ensuring customers are better protected. Under the new guidelines, fees on retail …
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Global financial firms join DIFC community
Dubai International Financial Centre (DIFC), said on Tuesday that three new major international companies; Berkshire Hathaway, State Street Global Advisors, and Maybank Islamic have set up shop in the Financial Centre. Berkshire Hathaway Specialty …
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UAE Central Bank caps retail banking fees in boost to expat-friendly economy
The Central Bank of the UAE said on Tuesday it has set a maximum limit on fees and commissions charged by banks as the country seeks to woo more expatriates and boost non-oil growth. The Central Bank capped fees on retail consumer-related banking services …
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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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