DIFC’s next big challenge: hedge funds Despite GMG’s successes over the past eight years, CEO Marco Saviozzi says there is still one major market waiting to be tapped in Dubai, and it’s one that he is doing his best to promote. “I try and get …
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Dubai Financial Market expects two listings this year – report
Dubai Financial Market (DFM) is reportedly expecting two listings this year as market confidence improves. Hassan Al Serkal, executive vice-president of DFM, told UAE newspaper The National the stock market had met with six or seven companies to discuss …
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Dubai Chamber embarks on French, Italian trade mission
The Dubai Chamber of Commerce and Industry is leading a high-level trade delegation to the Italian Riviera and southern France, in cooperation with the UAE Ministry of Economy. The trade mission will cover Genoa, Monaco and Nice this week, where a 20 …
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Dubai’s Danube Group says ‘not considering’ IPO
UAE-based Indian billionaire Rizwan Sajan says he doesn’t think company would get ‘that much return if I go public into this market.’ UAE-based Indian billionaire Rizwan Sajan says he doesn’t think company would get ‘that much return if I go …
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Saudi Aramco IPO will guarantee growth and jobs: Al-Falih
DUBAI: The forthcoming sale of shares in Saudi Aramco … said the planned initial public offering (IPO) on Saudi and international stock markets was “the most notable feature of the Kingdom’s transformation” as set out in the Vision 2030 plan …
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Reda Bedjaoui – On Top Performing Alternative Investments in the Alcoholic Beverage Market
DUBAI, UAE / ACCESSWIRE / July 6 … six percent of their overall asset allocation into alternative investments, including private equity, hedge funds, managed futures, real estate commodities, and derivatives contracts. For investors seeking out alcoholic …
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Pantera Capital Launches $100m Hedge Fund Focussed on ICOs and Token Sales
Pantera Capital has announced they are launching a new hedge fund called Pantera ICO Fund LP … Shanghai, Amsterdam, Minsk, Dubai, Antwerp, Eindhoven, Bucharest, Munich, Nairobi, Tel Aviv, Manchester, Brussels, Barcelona, San Meteo etc, where he helped …
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Manager who traded for Steven Cohen trains algos to copy his brain
who previously traded for billionaire Steven Cohen and hedge fund York Capital Management, says the algorithms will be ready to help run money for clients of his own investment firm, Q2Q Capital. Yesilhark, who will run the fund from Dubai and London …
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Fund Manager Trains Algos to Copy His Brain
who previously traded for billionaire Steven Cohen and hedge fund York Capital Management, says the algorithms will be ready to help run money for clients of his own investment firm, Q2Q Capital. Yesilhark, who will run the fund from Dubai and London …
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Gold prices remain steady, 24k in Dubai priced at Dh150
DUBAI: Gold held steady early Monday … fell 0.14 percent to 852.50 tonnes on Friday from 853.68 tonnes on Thursday. Hedge funds and money managers reduced their net long positions in COMEX gold and silver for the third straight week in the week to …
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Amid Dana debacle, Islamic finance seeks safeguards against illegality claims
SYDNEY/KUALA LUMPUR, July 6 The Islamic finance industry is seeking ways to safeguard deals against challenges to their religious permissibility, after a case in the United Arab Emirates raised the risk that issuers of Islamic bonds could refuse to redeem …
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Economic slowdown likely to hurt Qatar’s banking sector asset quality
Dubai: The recent sanctions on Qatar by a group of states led … “Weaker economic activity could lead to deteriorating asset quality in the banking system and together with an escalation involving sanctions against the financial sector could necessitate …
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Short on down payment to finance your property in Dubai?
Since the implementation of the UAE Central Bank’s mortgage cap in 2013, buying a property has become harder. The mortgage cap required buyers to put down larger deposits against new purchases. This has had a big impact on first time buyers but as expected …
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GEMS Education reportedly weighing up IPO valued at $4bn
The Dubai-based international schools giant GEMS Education could be gearing up for an initial public offering valued at as much as $4bn and as early as next year, it has been reported. GEMS Education could launch an IPO as soon as next year, sources have said.
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Dubai’s Emirates working to get out from under US laptop ban
DUBAI, United Arab Emirates — The Middle East’s biggest airline says it is working to implement increased security measures in response to U.S. demands to reverse a ban on laptops and other electronics onboard its U.S.-bound flights. Dubai-based …
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UAE’s DIFC to set up global knowledge hub as financial data values soar
DUBAI: The Dubai International Financial Centre (DIFC) in the UAE is planning to set up a research and information hub to capitalize on the soaring value of financial data in international investment markets. The DIFC’s aim is to “build a regional …
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UAE ambassador funded journalist to sue Al Jazeera: NYT
In February 2015, Fahmy began corresponding with Otaiba who offered to arrange coverage on the UAE-based TV channel SkyNews Arabia, according to the New York Times. “SkyNews to take it live would be awesome, I think a nudge to their C.E.O. could make it …
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