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Tag: finance

Posted on 06/02/2019

Exclusive: Abu Dhabi expected to extend bailout loan to Dubai, sources say

that it extended to Dubai during its financial crisis a decade ago, three sources familiar with the matter said. Dubai got the aid from the oil-rich capital of the United Arab Emirates in 2009 …
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Posted on 06/02/2019

Strong Hiring Confidence Remains in the UAE, but VAT Introduction Results in Greater Salary Demands: LinkedIn Survey

How AI will affect Jobs Survey respondents expect that AI will have a significant impact on the future of work in the UAE. The survey revealed that 68 percent of recruiters and HR professionals believ…
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Posted on 06/02/2019

UAE Food Bank launches third site in Dubai

The UAE Food Bank has launched its third operational site in Al Muhaisnah-2 in Dubai, it announced on Tuesday. Operating under the umbrella of the Mohammed Bin Rashid Al Maktoum Global Initiatives …
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Posted on 06/02/2019

HYCM to Host More Interactive Trading Seminars in Dubai After Previous Success

(Logo: https://mma.prnewswire.com/media/789372/HYCM_Logo.jpg ) Both days will be hosted by Giles Coghlan, a currency analyst and hedge fund trader with over 10 years … food and valet parking at the …
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Posted on 06/02/2019

UAE a top hub for fintech start-ups

The UAE continues to strengthen its position as a hub for fintech startups as the country is home to highest number of startups and investments into this nascent sector, thanks to government support a…
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Posted on 05/02/2019

UAE Food Bank opens third branch in Dubai’s Muhaisnah 2

Clint Egbert/Gulf News Dawoud Al Hajri at the new location of the UAE Food Bank at Muhaisinah on 5th February, 2019. Photo Image Credit: Dubai: After serving about 4,500 tonnes of food to the …
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Posted on 05/02/2019

Corporate sponsorship is not an enemy of the arts

A literary award and a hedge fund are not, perhaps, the most obvious bedfellows … Emirates Airline has a long association with the annual literature festival in Dubai. Economic pragmatism isn’t the …
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Posted on 05/02/2019

HDFC Bank Limited (HDB) Shares Bought by Bank Pictet & Cie Asia Ltd.

A number of other hedge funds also recently bought and sold shares of HDB … financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in Treasury …
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Posted on 05/02/2019

TIAA CREF Investment Management LLC Trims Holdings in HNI Corp (HNI)

71.41% of the stock is owned by hedge funds and other institutional investors … Hong Kong, India, Mexico, Dubai, and Taiwan. The company’s Office Furniture segment offers a range of metal and wood c…
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Posted on 05/02/2019

Commentary: Mr Kenneth Griffin, you have a lot in common with Haiti, come invest there!

My advice is, going for the plunge, your hedge fund the Citadel will stand as strong as the mighty … Haiti would have been rich as much as Dubai, Brunei or Singapore except its fortune would have be…
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Posted on 05/02/2019

Deals of the day-Mergers and acquisitions

U.S. hedge fund Elliott Management Corp has raised its stake in Telecom Italia (TIM) to 9.4 percent, a SEC filing showed, escalating a power battle over the Italian phone group with top shareholder Vi…
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Posted on 05/02/2019

Mondrian Investment Partners LTD Has $137,000 Stake in HDFC Bank Limited (HDB)

18.83% of the stock is currently owned by hedge funds and other institutional investors … Bahrain, Hong Kong, and Dubai. The company operates in Treasury, Retail Banking, Wholesale Banking, and Othe…
( read original story …)


Posted on 05/02/2019

Fannie-Freddie Regulator Now Welcomes Lawmaker Input on Revamp

Hedge funds and other investors were hopeful that any plan would allow shareholders to get their hands on Fannie and Freddie’s profits, which now go to the Treasury. Otting’s Wednesday letter is the l…
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Posted on 05/02/2019

Vanguard Group Inc. Acquires 66,967 Shares of HNI Corp (HNI)

71.41% of the stock is currently owned by institutional investors and hedge funds. Get HNI alerts … Hong Kong, India, Mexico, Dubai, and Taiwan. The company’s Office Furniture segment offers a range …
( read original story …)


Posted on 05/02/2019

Credit guarantee scheme for SMEs in UAE launched

Image Credit: Rawpixel on Unsplash Dubai: Emirates Development Bank (EDB) on Monday launched a Dh100 million credit guarantee scheme for small and medium enterprises (SMEs) in the UAE. The new …
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Posted on 04/02/2019

UAE Bank merger: ADCB, UNB and Al Hilal Bank answer your questions

The official website of the three merging banks, ADCB , UNB and Al Hilal who are expected to finalise their merger by mid 2019, has published answers to the most frequent questions being asked by …
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Posted on 04/02/2019

Pope’s visit shows UAE is an outward-looking global business destination

The Pope’s historic visit to the UAE is another symbolic advance in the Emirates becoming a major global business and finance hub, affirms the CEO of one of the world’s largest independent financial a…
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