Tag: hedge fund

The net profits of insurers listed on the DFM and the ADX went up 6.4% year-to-year to AED 1.4 billion last year Dubai – Mubasher:The UAE’s insurance sector has seen a profitable year during 2018, rep... ( read original story ...)

“The Dubai economy is now being led by trade, logistics and finance. Dubai plans to make its business-friendly environment even friendlier to multinational companies in the future by expanding free zo... ( read original story ...)

The UAE economy, and the banking sector in particular, remained resilient in 2018, despite a challenging environment across global markets, said Sheikh Ahmed bin Saeed Al Maktoum, Chairman, Emirates N... ( read original story ...)

(c) Al Nisr Publishing LLC 2019. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers 02/17 EMIRATES NBD BANK: ranked UAE's top bankin... ( read original story ...)

Dubai: The UAE Central Bank monthly bulletin for the month of January showed an increase in both money in circulation and long-term deposits. However, short-term deposits decreased when compared ... ( read original story ...)

Etihad Credit Insurance (ECI), the UAE Federal export credit company, has signed an agreement with Standard Chartered Bank to provide seamless access to trade credit solutions and funding for UAE busi... ( read original story ...)

Also, I read that it’s illegal for banks in the UAE to ask for security cheques from customers against credit cards and loans. According to the article, these are rules stipulated by the Central Bank ... ( read original story ...)

As long ago as 2008, the Financial Action Task Force (FATF) reviewed the legal measures the UAE had implemented to counter money laundering and the financing of terrorism. The FATF’s review concluded ... ( read original story ...)

TradeAssets, the blockchain-powered e-marketplace for trade finance assets, is now live with 25 banks. The first transaction was completed on February 6, and the onboarded banks have now posted trade ... ( read original story ...)

In Dubai, the index rose 1.5 percent, boosted by banks and real estate stocks. Dubai Islamic Bank gained 1.4 percent. Emaar Properties jumped 3.2 percent, continuing the gains driven by better-than-ex... ( read original story ...)