Securities and Commodities Authority reveals cash dividends and bonus shares for public joint-stock companies in the UAE …
Opalesque Roundup: Traditional hedge funds management fees remain higher than bespoke strategies: hedge fund news
In new launches, Britney Lam, head of long-short equities at the Dubai-based Magellan Capital Holdings, discusses the launch of a $700 million multi-strategy hedge fund set to be one of the largest …
Leela hotels owner Schloss Bangalore files IPO papers to raise for $599 million
Schloss is issuing fresh shares worth 30 billion rupees, while shareholder Project Ballet Bangalore Holdings (DIFC), an affiliate of Brookfield Asset Management, is selling shares worth 20 billion …
Alieus Fund Launches Revolutionary Hedge Fund with Advanced Investment Strategies
Alieus Fund is excited to announce its official launch, marking a pivotal moment in the hedge fund industry. Starting September 7, 2024, Alieus Fund will be available to investors around the globe, …
UAE economy to expand 4.8% in 2024 as travel booms: analyst
The UAE economy will expand by 4.8 per cent in 2025, according to Scott Livermore, ICAEW Economic Advisor and Chief Economist and Managing Director of Oxford Economics Middle East. Livermore …
Anand Rathi eyes Rs 1,000 cr IPO; first brokerage firm to go public since 2020
The proposed IPO comes on the back of a strong performance of Indian stock markets, despite global macroeconomic challenges, driven by surging domestic capital in both institutional and retail sectors …
Mullen Provides Update on Volt Mobility $210 Million UAE Order
Mullen’s commercial vehicles arrived in Dubai this week Mullen staff also on site in Dubai this week to meet with Volt leadership. First initial shipment included Class 1 and Class 3 EV vans and …
UAE assets: What are the world’s richest people investing in?
What unexpected investments are the world’s wealthiest pursuing amidst 2024’s economic uncertainties? Here is what UAE finance and wealth experts told Arabian Business …
Austria’s RBI sells Belarus bank at a loss to UAE investor
Raiffeisen Bank International said on Friday it is selling its Belarus business at a loss to an investor from the United Arab Emirates, as the Austrian lender faces mounting pressure to also pare back …
Dentons advises The National Bank of Ras Al-Khaimah P.S.C. on its inaugural issuance of $250mln 5.8732% Tier 2 Capital Securities due 2034
Dubai – Dentons has advised The National Bank of Ras Al-Khaimah P.S.C. (RAKBANK) on its issuance of US$250 million 5.8732% Tier 2 Capital Securities due 2034. The transaction was completed on 20 …
Why UAE stock market investors will love US interest rate cut – and with more to follow
For UAE businesses, high finance costs were an issue for 2 years – now it will get better Leading stock markets have been pushing higher since Wednesday’s Fed rate cut. On DFM and ADX, the same vibes …
PJT Partners to buy Dubai-based advisory firm deNovo
DUBAI, Sept 18 (Reuters) – PJT Partners (PJT.N), opens new … TelevisaUnivision to replace Wade Davis as CEO 10:03 PM UTC · Updated ago Sustainable Finance & Reportingcategory Boeing furloughs …
Now, create your own crypto tokens in Dubai
How would you like to create your own crypto tokens?
How will US Fed rate cut affect UAE mortgages?
Interest rate cuts by the US Federal Reserve and the UAE Central Bank are expected to make mortgages more affordable for end users. The Fed cut US interest rates by 50 basis points on Wednesday, …
UAE leader to visit Biden at White House on Sept. 23
U.S. President Joe Biden will host the leader of the United Arab Emirates at the White House on Sept. 23 to discuss strengthening regional stability and reducing tensions, the White House said on …
Pappu Sastry reveals bulker operator ambition for Adhira Shipping after London IPO
Dubai charterer Adhira Shipping & Logistics (ASL) will move into bulker operating once it has got its London initial public offering (IPO) off the launchpad. The Pappu Sastry-led company manages the …
Paul Taubman’s PJT Buys DeNovo to Capture Mideast Deals Boom
PJT Partners agreed to acquire Dubai-based advisory firm deNovo Partners, giving Paul Taubman’s investment bank a greater foothold in the Middle East amid a surge in regional dealmaking activity.