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Tag: hedge fund

Posted on 09/07/2026

Dubai Taxi Company completes $395m National Taxi acquisition to become UAE’s largest taxi operator

Dubai Taxi Company completes its $394.8m acquisition of National Taxi, creating the UAE’s largest taxi operator with more than 9,500 vehicles …

Posted on 09/07/2026

UAE attracts record $48.3bn in foreign investment as it climbs to world’s top 10

The UAE attracted a record $48.3bn in foreign investment in 2025, ranking ninth globally as FDI rose 6 per cent year-on-year …

Posted on 08/07/2026

GDMO launches new International Media Briefing series connecting global media with leaders shaping Dubai’s key sectors

GDMO launches International Media Briefing series linking global media with Dubai leaders as DFM and Nasdaq Dubai showcase strong market growth, IPO momentum, Arena platform innovation and rising suku …

Posted on 08/07/2026

ScoreCM to Participate as Platinum Sponsor at Forex Expo Dubai 2026

ScoreCM to Connect with Traders, IBs, and Financial Industry Professionals at One of the Middle East’s Premier Trading Events ScoreCM today announced that it will participate as a Platinum Sponsor at …

Posted on 08/07/2026

Ajman Bank successfully prices inaugural USD 300 million additional Tier 1 Perpetual Sukuk

AJMAN, 8th July, 2026 (WAM) — Ajman Bank, rated BBB+ (Stable) by Fitch, has successfully priced its inaugural USD 300 million Additional Tier 1 (AT1) Perpetual Non-Call 5.5-Year Sukuk at a profit …

Posted on 08/07/2026

Ajman Bank successfully prices inaugural $300 million additional tier 1 perpetual Sukuk

The issuance reflects the strong confidence investors placed in Ajman Bank’s financial strength, strategic direction, and ongoing transformation …

Posted on 08/07/2026

Botim is narrowing its focus on low-income workers and financial inclusion

“If we can help people save, build wealth and create financial security, we’ll have done something meaningful for them and for the UAE,” says Botim CEO …

Posted on 08/07/2026

Ministry of Finance and IMF review UAE’s fiscal outlook and public finance priorities

Discussions covered the UAE’s fiscal performance, evolving policy priorities and the Government’s financial agenda for the next phase …

Posted on 08/07/2026

UAE developer Arada seeks funds for Gulf real estate

The firm launched a fund management arm, bringing in outside investors for the first time to help finance its real estate developments.

Posted on 08/07/2026

Dubai Financial Services Authority’s Mark Steward on the regulatory blueprint behind DIFC’s success

The chief executive of Dubai Financial Services Authority (DFSA) on why international firms choose DIFC …

Posted on 08/07/2026

Saudi Arabia blocks some bank transfers to UAE, raising concerns over Gulf trade tensions: Report

Saudi Arabia has reportedly been blocking or delaying some bank transfers to UAE accounts since May, raising concerns among businesses that growing political tensions between the Gulf neighbours are b …

Posted on 08/07/2026

Saudi Arabia blocking payments to UAE accounts, businesses say

Transfers from kingdom to companies and individuals in Dubai repeatedly returned or delayed in a sign of economic tension …

Posted on 07/07/2026

UAE finance jobs pay higher salaries for candidates with AI skills

The UAE has climbed from 21st to 13th globally for AI-related job postings, with employers increasingly hiring staff to apply AI across business functions …

Posted on 06/07/2026

Dubai expands global investor access through partnership between DET, Deutsche Bank

The Dubai Department of Economy and Tourism (DET) has signed an agreement with Deutsche Bank to support international investor engagement and investment opportunities in Dubai, further strengthening …

Posted on 06/07/2026

PRYPCO Mortgage records strongest month on record as Dubai’s mortgage market enters a new phase of growth

June 2026 marks PRYPCO Mortgage’s strongest month on record, with mortgage disbursals up 30% compared to the same period last year as buyer confidence remains strong across Dubai’s property market …

Posted on 06/07/2026

UAE Central Bank imposes financial sanction of AED 1.8 million on branch of foreign bank

UAE Central Bank fines foreign bank branch AED 1.82 million for failing to issue a liability letter within the required seven-day period, citing Market Conduct and Consumer Protection violations …

Posted on 06/07/2026

UAE Central Bank fines foreign bank Dh1.8m for regulatory breach

Entity was found to have violated regulator’s market conduct and consumer protection regulations …

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