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Posted on 22/08/2017

PRECIOUS-Gold prices steady, but off 9-month highs as dollar firms

The Dubai Gold and Commodities Exchange and Saudi Arabian conglomerate … said its holdings rose 0.48 percent to 799.29 tonnes on Friday. * Hedge funds and money managers hiked their net long position in COMEX gold futures and options for a fifth straight …
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Posted on 22/08/2017

Cindicator Brings AI and Collective Intelligence to Drive 47% Investment Yield Per Annum

Developer of Hybrid Intelligence platform, Cindicator uses millions of decentralized predictions from non-professional analysts and machine learning algorithms to provide hedge funds and institutional … Minsk, Dubai, Antwerp, Eindhoven, Bucharest …
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Posted on 22/08/2017

Around The Track Podcast Presented By Taylor Made: Sol Kumin Shares The Ride

and Arlington Million. Since he got into the game as a neophyte owner three years ago, Kumin, a 42-year-old Wall Street hedge fund manager, has circled the globe winning at classy events, including Royal Ascot, Dubai, the Breeders’ Cup and the Triple Crown.
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Posted on 22/08/2017

Etihad-linked bonds drop again after Air Berlin bankruptcy

DUBAI: Etihad Airways’ bonds issued through a special purpose … The bonds are due beyond the 18-month period indicated in the letter, said an investment analyst at a hedge fund in London. An independent auditor in the same report said: “The group …
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Posted on 22/08/2017

Qatar bourse to introduce short selling soon

The QSE’s efforts to introduce regulated short selling follow similar plans unveiled by bourses in Abu Dhabi, Dubai and Saudi Arabia … Most short selling is done by hedge funds and institutional investors to cushion their positions against falling …
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Posted on 22/08/2017

US policy paralysis, Jackson Hole take centre stage for global equities

Dubai: The resignations of key officials in the US government … team] actions are having greater impact across asset classes,” Vaqar Zuberi, head of hedge funds at Mirabaud Asset Management, told Gulf News via email. “This is likely to continue …
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Posted on 22/08/2017

Abu Dhabi husband marries Hyderabad woman, divorces her and snatches away her passport

She travelled to Abu Dhabi after the marriage. She has six daughters and two … She desires to return home,” he said seeking the minister’s help in getting her back to India. Get latest news & live updates on the go on your pc with News App.
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Posted on 21/08/2017

Dubai real estate market sets the pace for renewed growth in the GCC

Dubai – The hottest real estate mar­ket in the Gulf is holding up gains from the last half of 2016, records from the Dubai Land Department (DLD) show. Its report for the first six months of 2017 indicates that Dubai real estate transactions totalled about …
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Posted on 21/08/2017

Live: Watch the solar eclipse here

Dubai: Here’s a live coverage of the rare total Solar eclipse to cross mainland America. The total solar eclipse will be taking place on August 22 but not be directly visible to UAE residents. Residents, however, can visit online streaming sites to watch …
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Posted on 21/08/2017

Yellow Door Energy, Elcome Sign Agreement and Will Begin Installation of a 311 kWp Rooftop Solar PV Plant

Yellow Door Energy (YDE), a Dubai-based firm that invests in and operates distributed solar and energy efficiency assets, announced today that it will begin the installation of a 311 kWp solar PV plant at Elcome’s headquarters located in Dubai Investments …
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Posted on 21/08/2017

Yellow Door Energy to install solar plant for Elcome

Yellow Door Energy (YDE), a Dubai-based firm that invests in and operates distributed solar and energy efficiency assets, will install a 311 kWp solar photovoltaic (PV) plant at Elcome’s headquarters in Dubai Investments Park, Dubai, UAE. Elcome is one of …
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Posted on 21/08/2017

Job losses, income cuts weaken property demand in Abu Dhabi

Contractions in household incomes and workforce redundancies in both the public and private sectors have weakened real estate demand in Abu Dhabi, a new report by consultancy Core Savills has found. The residential sales market in the UAE capital has seen …
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Posted on 21/08/2017

UAE-China economic cooperation to drive success of Belt & Road Initiative

Discussions also centred on the challenges and opportunities in promoting Islamic financial instruments in China with a focus on Islamic Sukuk. The impact of Dubai’s emergence as the largest Islamic Sukuk hub in the world on Chinese companies was tackled …
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Posted on 21/08/2017

Abu Dhabi: Four detained for YouTube videos

Abu Dhabi: Abu Dhabi Public Prosecution has ordered the imprisonment of three young men and a girl for posting unlawful video clips on YouTube. They were detained for seven days for further investigation, the prosecution said on Sunday. #شرطة_أبوظ …
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Posted on 21/08/2017

NYU Abu Dhabi Researchers Identify Unique UAE Green Alga With Properties That May Provide an Alternative to Palm Oil

Researchers at New York University Abu Dhabi (NYUAD) in collaboration with other groups have discovered that the unique genomic traits that allow local green algae to survive in a desert climate may have far-reaching potential for biotechnical applications.
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Posted on 21/08/2017

WiFi UAE Rolls out at Souk Madinat Jumeirah

Visitors of Souk Madinat Jumeirah in Dubai can now enjoy the benefits of WiFi UAE as it rolls out in the marketplace, in both its indoor and outdoor areas for shopping, entertainment, and dining. The service is available to everyone through two options …
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Posted on 21/08/2017

Abu Dhabi: Four jailed for YouTube videos

Abu Dhabi: Abu Dhabi Public Prosecution has ordered the imprisonment of three young men and a girl for posting unlawful video clips on YouTube. They were detained for seven days for further investigation, the prosecution said on Sunday. #شرطة_أبوظ …
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