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Tag: finance

Posted on 16/10/2022

Upon encountering Israeli Jews in Dubai: “I’m a Zionist, but I don’t hate”

In preparing for a trip to Dubai with my brothers earlier this month, I was full of apprehension. As Palestinians, we are furious about the now-open complicity of the government of Dubai with the …
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Posted on 16/10/2022

UAE: LuLu Exchange partners with Wio Bank

“Our partnership reflects how our fintech capabilities combined with our network of branches can serve customers better across the financial ecosystem” …
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Posted on 15/10/2022

Dubai rents see record high and are rising faster than ever

It’s not just Dubai’s luxury home sales that are soaring, rental prices are too. Dubai rents see record high and are rising faster than ever CBRE Middle East, dubai rents, Property, Property …
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Posted on 14/10/2022

Local Press: How Dubai is trying to predict the future

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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Posted on 14/10/2022

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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Posted on 14/10/2022

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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Posted on 14/10/2022

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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Posted on 14/10/2022

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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Posted on 14/10/2022

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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Posted on 14/10/2022

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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Posted on 14/10/2022

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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Posted on 14/10/2022

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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Posted on 14/10/2022

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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Posted on 14/10/2022

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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Posted on 14/10/2022

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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Posted on 14/10/2022

“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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Posted on 14/10/2022

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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