Tag: finance

Kyle Davies and Su Zhu, founders, Three Arrows Capital (3AC), a collapsed digital asset hedge fund, are expected to be facing a fine issued by Dubai’s crypto regulator over the OPNX exchange, stated …

Warren Buffett never mentions this but he is one of the first hedge fund managers who unlocked the secrets of successful stock market investing. He launched his hedge fund in 1956 with $105,100 in …

A surge in short sales of US Treasury futures suggests hedge funds are expanding basis trades, a popular tactic that may be injecting leverage into a bond market whipsawed in the wake of this month’s …

Hedge funds’ bullish bets in emerging-market equity futures have risen to the highest since the gauge’s pandemic low three years ago, signaling budding optimism for the asset class.

Saudi Arabia’s Lumi, one of the largest auto rental firms in the kingdom, said on Wednesday that it could raise up to 1.089 billion riyals ($290 million) after a price range was set for its initial …

According to Clifford Chance, this funding, to be provided by a club of UAE and Non-UAE based Islamic financial institutions, will be used to acquire three prime telecommunications tower asset …

DUBAI – In the first eight months of the year, 29 brokerage firms listed on Dubai Financial Market (DFM) conducted over 2.57 million deals on 80 billion shares worth AED 136.4 billion.

Dubai Financial Market has seen shares worth AED136.4bn ($37.1bn) traded so far this year. In the first eight months of the year, 29 brokerage firms listed on the DFM exchange conducted more than …

Stock markets in the United Arab Emirates were mixed on Friday, with Dubai’s benchmark index rising ahead of U.S. jobs data as investors expect the figures will sway the Federal Reserve to pause rate …

As more residents adopt a long-term perspective on living in Dubai, homeownership will likely increase. This is in addition to favourable mortgages and policies by Dubai Land Department, as well as …

The financial analyst forecasts the UAE’s gross domestic product (GDP) will grow 3.5 percent in 2023, rising to 3.9 percent in 2024.

Dubai International Financial Centre proposes new laws as it aims to keep in line with international best practice …

Experts argue that the new corporate tax regime reaffirms UAE’s commitment to meeting international standards for transparency and preventing harmful tax practices …

The financial products on its platform are provided by its regulated partners in the region …

ICEBERG Financial, a globally recognized investment consultancy firm, is thrilled to announce its recent expansion in the Middle East and North Africa (MENA) region. As a part of the company’s …

Alantra, the independent global mid-market financial services firm headquartered in Spain, has opened a new office in Dubai International Financial Centre (DIFC). The firm will provide investment …

Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, met with Gareth Johnson MP, UK Trade Envoy to the UAE, at the Ministry of Finance’s Dubai office, and discussed with him boosting …