According to Mark Beer of Asgardia, an international project that is trying to set up a space nation, environmental and health crises could eventually drive a billion people to live on Mars. It is a …
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This Hedge Fund Is Betting Hard Against GameStop Stock. Are Shorts Playing With Fire?
Bireme Capital is a hedge fund that describes its strategy as incorporating a mix of both qualitative and quantitative investing styles. Its Fundamental Value fund, with a long-term short bias …
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Truist Financial Corp Acquires 2,330 Shares of HDFC Bank Limited (NYSE:HDB)
Truist Financial Corp lifted its position in shares of HDFC Bank Limited (NYSE:HDB – Get Rating) by 4.7% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange …
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Hedge Fund Giant D.E. Shaw Plans to Raise Fees as High as 40%
(Bloomberg) — D.E. Shaw & Co. is hiking fees for its three biggest hedge funds to as high as 40% — making them among the most expensive in the industry. Most Read from Bloomberg Elon Musk Sets …
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xalts Raises USD6M in Funding
Co-founded in 2022 by former HSBC trader Ashutosh Goel and former Meta Asia executive Supreet Kaur, xalts is an investment management and technology firm focused on driving real-money institutional …
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Ex-Bridgewater exec launches new firm, hedge fund ETF
Bob Elliott, a former member of the investment committee at Bridgewater Associates, the world’s largest hedge fund, on Tuesday announced both the launch of a new investment firm and its first …
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That Sound You Hear Is The Fed Breaking Something
Investors can throw out projecting an end of fed fund rate increases. The good news is that investors still have the opportunity to take advantage of dislocations.
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Sizing up the booming global market for trophy real estate
The market for trophy real estate, luxury homes that sell for upwards of $50 million, is booming. Here’s a look at some recent megadeals.
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UAE’s PPP model designed to encourage private sector to invest in uplift projects
UAE participates in 4th G20 Finance Ministers and Central Bank Governors Meeting; The UAE minister highlights the importance of ensuring that the international tax …
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UAE participates in 4th G20 Finance Ministers and Central Bank Governors Meeting
Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, participated in the fourth G20 Finance Ministers and Central Bank Governors (FMCBG) meeting, which was held on 12th-13th October in …
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Mohamed Bin Hadi Al Hussaini participates in the 4th G20 Finance Ministers and Central Bank Governors Meeting
Held on the sidelines of the International Monetary Fund-World Bank Group Annual Meetings, the meeting sought to deliberate the latest global economic developments and the updates on executing the pri …
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UAE CBI bank first in the world to recruit in the metaverse
CBI conducted formal interviews in their Metaverse location, which led to the recruitment of an Emirati employee by the Bank.. UAE CBI bank first in the world to recruit in the metaverse. CBI, …
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“We Got Funded!” UAE-Based Youth-Focused Banking Platform Cashee Raises US$3 Million In A Series A Round To Accelerate KSA Expansion
Cashee, a UAE-based digital banking platform tailored for teenagers in the MENA region, has raised US$3 million in a Series A funding round led by (ANB). With t …
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Dubai records over AED2.1 billion in realty transactions Thursday
Dubai real estate market recorded 401 sales transactions worth AED1.69 billion, in addition to 77 mortgage deals of AED324.64 million, and 13 gifts deals amounting to AED132.47 million on Thursday, …
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Lulu Group making steady progress with IPO plans to list shares on ADX in 2023
Number of other firms are considering their initial public offerings on Abu Dhabi bourse and the Dubai Financial Market to build up resilience against international …
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UAE’s LuLu Group set for IPO next year as it plans expansion
Abu Dhabi’s LuLu Group International is planning to launch an initial public offering next year and has hired investment bank Moelis to advise it on the deal, according to a company representative.
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Lulu Group confirms hiring Moelis & Co for 2023 IPO, to be listed on ADX
Proceeds of the IPO will be used for the group’s business expansions, with a focus on new markets such as Iraq and North Africa …
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