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Tag: hedge fund

Posted on 21/10/2024

UAE participates in WBG, IMF annual meetings in Washington

The IMF and WBG meetings are to address a wide range of pressing global issues in economy and development, bringing together a diverse group of international economic leaders, including central bank …

Posted on 21/10/2024

A truly inclusive approach to financing with the launch of Dubai Islamic Bank’s ACCESS auto finance for People of Determination

ACCESS Auto Finance rolls out with competitive financing rates and customised repayment plans to facilitate vehicle ownership for People of Determination and their family members, ensuring they have …

Posted on 21/10/2024

UAE retailer Lulu Group to list 25% shares in ADX IPO

The UAE retail giant Lulu Group plans to list 25 per cent of its share capital on the Abu Dhabi bourse, the latest company seeking to capitalise on the continued economic momentum and listing boom in …

Posted on 21/10/2024

Finance House & Finance House Securities agree to inject AED300mln in Abu Dhabi Capital Market

Under the agreement between the two parties, Finance House will inject AED 300 million into the local market through Finance House Securities, with the aim of increasing investments and boosting …

Posted on 21/10/2024

Lulu Retail Holdings to Launch IPO on Abu Dhabi Securities Exchange, Offering 25% of Shares

Lulu Retail Holdings PLC (“Lulu Retail” or the “Company”), the largest and fastest-growing pan-GCC full-line retailer, today announced its intention to proceed with an Initial Public Offering (IPO) an …

Posted on 21/10/2024

Dubai vs Sharjah and Abu Dhabi: Rent, living costs, pros & cons explained

With rising living costs and a housing crunch, is Dubai still the best option, or should you be thinking about other cities like Abu Dhabi or Sharjah …

Posted on 21/10/2024

Dubai vs Sharjah and Abu Dhabi: Rent, living costs, pros & cons explained

With rising living costs and a housing crunch, is Dubai still the best option, or should you be thinking about other cities like Abu Dhabi or Sharjah …

Posted on 21/10/2024

Jordan Belfort Joins DMCC as Guest Speaker at Dubai Precious Metals Conference 2024, Unveiling Future of Metals Trade Report

DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has announced that the globally renowned entrepreneur, best-selling author and former Wall …

Posted on 20/10/2024

UAE and Azerbaijan Strengthen Financial Ties for Sustainable Future

UAE’s Finance Minister, Mohamed Hadi Al Hussaini, met with Azerbaijan’s Samir Sharifov in Dubai to enhance financial sector cooperation. The discussions affirmed strong bilateral relations, focusing …

Posted on 20/10/2024

Dubai: Over Dh30 million distributed to minors from investments’ profits

The profits were distributed to 2,263 minors and those in their care, representing a 13 per cent increase from profits distributed to minors during the fiscal year 2023. During 20 …

Posted on 20/10/2024

Ministry of Finance organised 3 dialogue sessions at GITEX Global 2024

Dubai: The Ministry of Finance has organised three specialised dialogue sessions at GITEX Global 2024, which kicked off on Monday, October 14, and concludes today, Friday, October 18, at the Dubai …

Posted on 20/10/2024

Standard Chartered launches sustainable finance variants of borrowing base trade loan

Latest addition to the Bank’s suite of Sustainable Trade Finance solutions supports efforts to decarbonise the Commodity sector …

Posted on 19/10/2024

UAE blocks around 200000 cyberattacks in one week

There was a time when the UAE detected more than 200,000 cyberattacks in just one week — and none of them got to harm systems, a senior official said on …

Posted on 18/10/2024

UAE retail giant Lulu Group to float 25% in IPO next week, to raise around $1.8bln

Lulu Group expected to announce plans to proceed with an IPO on the Abu Dhabi Securities Market (ADX) by early next week.

Posted on 18/10/2024

Project Aperta: UAE joins cross-border finance scheme as it looks to boost SME trade worldwide

The Central Bank of the UAE announced its collaboration on a significant initiative titled “Project Aperta” that aims to connect open finance infrastructures of multiple jurisdictions to advance the …

Posted on 18/10/2024

CBUAE advances cross-border open finance interoperability for businesses, financial institutions with project Aperta by BISIH

New project seeks to enable financial institutions and third-party providers to establish mutual trust across borders and exchange data within an end-to-end trusted environment …

Posted on 18/10/2024

Dubai Islamic Bank’s Access auto finance for people of determination

ACCESS Auto Finance rolls out with competitive financing rates and customised repayment plans to facilitate vehicle ownership for People of Determination and their family members, ensuring they have …

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