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 ... ( read original story ...)

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 ... ( read original story ...)

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 ... ( read original story ...)

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 ... ( read original story ...)

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 ... ( read original story ...)

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 ... ( read original story ...)