Tag: hedge fund

Dubai Government repaid Dhs20bn as part of its total financing from Abu Dhabi and the Central Bank of the UAE.

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of the Board of Trustees of the Dubai Future Foundation, on Wednesday approved a set of new projects across key …

Infosys Finacle, a global leader in digital banking solutions and Red Hat, a leading provider of enterprise open source software solutions recently organis..

(Bloomberg) — Dubai said it began repaying a $20 billion bailout loan from Abu Dhabi and the country’s central bank, as part of an effort to reduce its debt burden almost 15 years after the sheikhdom …

Islamic finance is flourishing in Dubai, offering a unique approach rooted in ethical and Sharia-compliant principles. With its robust regulatory framework, Dubai has become a global hub for Islamic …

The Hong Kong government and its promotion of the city in the United Arab Emirates definitely helped’ land the deal, Unity chairman says.

(Bloomberg) — Dubai said it began repaying a $20 billion bailout loan from Abu Dhabi and country’s central bank, as part of an effort to reduce its debt burden almost 15 years after the sheikhdom …

Dubai government on Tuesday announced a reduction of approximately Dh29 billion in the public debt by the end of this year, including partial settle …

Dubai has slashed public debt by AED20bn ($7.9bn), according to the Public Debt Management Office (PDMO) of the emirate’s Department of Finance (DOF). The achievement has been realised within a year …

The UAE economy is forecast to grow 3% in 2023 and 4% in 2024, driven by the non-oil sector, which is expected to benefit from strong growth in tourism, government initiatives, and technological …

This important accomplishment has been fulfilled under the directives of His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council, and …

The Public Debt Management Office (PDMO) of the Government of Dubai’s Department of Finance (DOF) announced a reduction of approximately AED29 billion in Dubai’s public debt by the end of this year.

Dubai said it lowered its total debt to 25% of GDP by repaying loans including those it had secured from Abu Dhabi and the United Arab Emirates central bank, taking advantage of an economic recovery.

With tips on how to secure your financial future, and Dubai’s own finance guru, Wali Khan, is here to guide you through it.

September at the DoubleTree by Hilton, is organised by Fujairah Natural Resources Corporation – Fujairah Government, the UAE Ministry of Energy and Infrastructure, and the Arab Industrial Development …

Gulf central banks have been raising interest rates in line with the Federal Reserve over the past couple of years as the US central bank tries to bring down inflation from a multi-decade high. The …

Normally, free zone entities holding properties in UAE mainland will be subject to 9 per cent tax rate. The only exception is in regards to income from commercial properties held by qualifying free …