Tag: finance

With the new regulation of the UAE Central Bank, we see a move towards regulating and legalising the emergence of PSPs to provide digital payments in the emirates. With the introduction and spread of digital money means in the UAE, the Central Bank is …
( read original story …)

---

Gross credit by the UAE banks grew in July, reflecting increase business activity in the country while deposit by non-residents increased last month. According to the UAE Central Bank data, gross credit increased by 0.2 per cent, rising from Dh1,591.3 …
( read original story …)

---

“Currently we are looking at the possibility of listing in Dubai and cross-listing at some other international bourse. The IPO will be somewhere between half a billion to one billion dirhams. Our application is with the authorities and the decision when to …
( read original story …)

---

He also revealed BH Macro would cancel its listings on both the Bermuda and Dubai stock exchanges in September and … Brevan Howard, the hedge fund firm co-founded by Howard and a group of former Credit Suisse traders in 2002, has suffered from …
( read original story …)

---

Amid rising volatility, the world’s largest hedge fund – Bridgewater – suggested to put about 5% … To beat GST, Indian consumers also looked to Dubai for buying gold and jewelry. Retailers in Dubai witnessed higher demand among Indian travelers.
( read original story …)

---

This renowned restaurant has successfully launched eleven global outposts, including London, Hong Kong, Dubai, Istanbul … or: Mitch Ackles; Hedge Fund PR; 646.657.9230;
( read original story …)

---

The Dubai Gold and Commodities Exchange and Saudi Arabian conglomerate … said its holdings rose 0.48 percent to 799.29 tonnes on Friday. * Hedge funds and money managers hiked their net long position in COMEX gold futures and options for a fifth straight …
( read original story …)

---

Developer of Hybrid Intelligence platform, Cindicator uses millions of decentralized predictions from non-professional analysts and machine learning algorithms to provide hedge funds and institutional … Minsk, Dubai, Antwerp, Eindhoven, Bucharest …
( read original story …)

---

and Arlington Million. Since he got into the game as a neophyte owner three years ago, Kumin, a 42-year-old Wall Street hedge fund manager, has circled the globe winning at classy events, including Royal Ascot, Dubai, the Breeders’ Cup and the Triple Crown.
( read original story …)

---

DUBAI: Etihad Airways’ bonds issued through a special purpose … The bonds are due beyond the 18-month period indicated in the letter, said an investment analyst at a hedge fund in London. An independent auditor in the same report said: “The group …
( read original story …)

---

The QSE’s efforts to introduce regulated short selling follow similar plans unveiled by bourses in Abu Dhabi, Dubai and Saudi Arabia … Most short selling is done by hedge funds and institutional investors to cushion their positions against falling …
( read original story …)

---

Dubai: The resignations of key officials in the US government … team] actions are having greater impact across asset classes,” Vaqar Zuberi, head of hedge funds at Mirabaud Asset Management, told Gulf News via email. “This is likely to continue …
( read original story …)

---

Discussions also centred on the challenges and opportunities in promoting Islamic financial instruments in China with a focus on Islamic Sukuk. The impact of Dubai’s emergence as the largest Islamic Sukuk hub in the world on Chinese companies was tackled …
( read original story …)

---

The banking industry, integral to our commercial and personal lives, has evolved with the times to embrace new challenges and cater to constantly changing consumer behaviour and attitudes. Technology has undoubtedly played an obvious and increasingly …
( read original story …)

---

Dubai: Financial results of UAE banks in the second quarter of this year point to improving profitability, modest balance sheet growth, margin expansion and improving costs, according to banking sector analysts. While the underlying trend of a turnaround …
( read original story …)

---

The Dubai International Financial Center (DIFC) last week gave an update on the impressive plans it has to expand — both physically and commercially — as part of a 10-year plan that aims to triple its size by 2024. On the real estate side of the …
( read original story …)

---

Dubai-based Noor Bank has laid off several dozen employees, banking sources told Reuters on Tuesday, the latest lender to adjust to more subdued growth levels in the local financial services sector. Although the number of jobs cut in the past few weeks was …
( read original story …)

---