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Tag: finance

Posted on 05/05/2024

Forget Dubai, this is the lesser-known Emirate you have to visit

Conor Power discovers that adventure activities are a big draw to the least brash, most mysterious of the seven emirates that make up the UAE …

Posted on 05/05/2024

Nomura, Mizuho face over $135m losses after fund’s failed trades

In 2022, Mr Novak said he moved All Blue’s headquarters to Dubai, part of a growing class of hedge funds choosing to expand in the Middle Eastern business hub. In April, Nomura said it had set aside …

Posted on 05/05/2024

Fund manager indicates Jim Biden was in business with Qatari officials

The alleged arrangements would be some of the closest known links between a Biden relative and a foreign government.

Posted on 05/05/2024

Telegram-linked TON investment driven by favorable regulatory climate

The fact that Telegram is based in Dubai has made a cryptocurrency linked to the mega-messaging app attractive to the original hedge fund for blockchain investment. Between the lines: Pantera Capital …

Posted on 04/05/2024

Dubai Financial Market unveils new digital platform, app ‘iVestor’

The Dubai Financial Market (DFM) announced the launch of the upgraded stand-alone iVestor App, a digital platform set to offer digital financial management for investors.

Posted on 04/05/2024

Dubai Financial Market and SIX to Enable Global Financial Growth and Broaden Market Accessibility

The Dubai Financial Market (DFM) and SIX, the Swiss Financial Market Infrastructure Group, announced today the signing of a collab agreement.

Posted on 04/05/2024

494 arrested in Dubai for phone fraud cases, targeting bank customers

Did you receive a call from someone recently asking you to ‘update banking information’? Chances are he is now behind bars. The Dubai Police have arrest …

Posted on 04/05/2024

UAE President accepts condolences on the death of Tahnoun bin Mohammed

First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance; H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai, Chairman of Dubai Media Council. His …

Posted on 03/05/2024

UAE President accepts condolences from world leaders, Sheikhhs over passing of Tahnoun

Mourners also prayed for his family, relatives, and members of the Al Nahyan family to be granted patience and solace.

Posted on 03/05/2024

UAE Pres. accepts condolences on passing of Tahnoun bin Mohammed

President His Highness Sheikh Mohamed bin Zayed Al Nahyan received condolences over the passing of Sheikh Tahnoun bin Mohammed Al Nahyan for the second consecutive day from world leaders and their …

Posted on 03/05/2024

UAE’s Mubadala weighs option to join bid for Indian housing finance company: Report

UAE’s Mubadala Investment Company has held talks to join US-based Warburg Pincus as a potential co-investor in acquiring a controlling stake in Shriram Housing Finance, a subsidiary of Shriram Finance …

Posted on 03/05/2024

UAE grocery retail market to top $40.5bln in 2024 post Spinneys IPO

Retail technology firm 24SEVEN said despite the focus on the larger end of the market brought about by the Spinneys IPO, with shares expected to start trading on Dubai Financial Market (DFM) on …

Posted on 03/05/2024

CAIA Association leads advocacy for women leadership in finance

Aligned with the UAE’s efforts to promote gender equality in finance, CAIA is actively working to bridge the gender gap, particularly in a region where less than a quarter of women are employed in …

Posted on 03/05/2024

Dubai Financial Market, SIX forge partnership to market accessibility

Dubai Financial Market on Thursday announced its consolidated financial results for the first half of the year ending 30 June 2021, registering a net profit Ahmed Mohamed Al Naqbi, CEO of Emirates …

Posted on 03/05/2024

Dubai real estate: How much should you save to buy an AED1mn property?

Dubai’s property market is experiencing significant growth, making it an attractive option for buyers, but careful financial assessment and consideration of associated costs are crucial before making …

Posted on 03/05/2024

Hong Kong regulator brings insider trading charges against Segantii and its founder

Hong Kong’s securities regulator started an insider dealing prosecution against hedge fund Segantii Capital Management, its founder and a former trader, the watchdog said on Thursday.

Posted on 03/05/2024

Spinneys boosts private sector IPO hopes in Middle East

The success of the IPO of Spinneys, the Dubai supermarket group, is likely to be a catalyst for other privately owned companies to list in the Middle East, according to market sources.

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