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Tag: hedge fund

Posted on 03/09/2024

India seeks review of UAE trade deal amid spike in silver, gold imports

India is reviewing its trade deal with the UAE as a surge in silver and gold imports raises concerns over tariff concessions, value addition norms, and govt procurement commitments under the CEPA …

Posted on 03/09/2024

Nasdaq Dubai lists $400mln bonds from Agricultural Bank of China

Dubai – Nasdaq Dubai has announced the listing of USD 400 million Floating Rate Notes by Agricultural Bank of China (DIFC Branch). This marks the Bank’s second bond listing on Nasdaq Dubai amidst …

Posted on 03/09/2024

NMDC Group’s IPO of NMDC Energy 14x oversubscribed within Day 4

Intention to list NMDC Energy (formerly NPCC) on ADX on Wednesday, 11 September 2024 …

Posted on 03/09/2024

Dubai real estate: How much should you earn to buy property worth $1 million?

Dubai’s real estate market is booming, but buyers face specific financial requirements and hidden costs – here’s how much you should be earning to buy property worth $1 million, according to experts …

Posted on 03/09/2024

Stockify Expands Global Reach with New Office in Dubai International Financial Centre (DIFC)

Stockify, a customer-oriented platform for unlisted or pre-IPO shares in India, is expanding its global footprint with a new office at the Dubai International Financial Centre (DIFC). With a mission …

Posted on 03/09/2024

UAE Cabinet reviews the outcomes of efforts to develop the UAE economic and investment-related legislative framework

His Highness Sheikh Mohammed bin Rashid Al Maktoum said, “Today, I chaired the first UAE Cabinet meeting of the new governmental season at Qasr Al Watan in Abu Dhabi. We began by reviewing the …

Posted on 02/09/2024

NMDC Group’s IPO of NMDC Energy oversubscribed 14 times

NMDC Group, a leader in engineering, procurement, construction, and marine dredging, announced on Monday that the Initial Public Offering (IPO or Offering) for 1.15 billion shares (Offer Shares”) …

Posted on 02/09/2024

UAE to combat money laundering, terrorism financing with new national strategy

During today’s cabinet meeting, it was revealed that government revenues reached Dh546 billion while expenditures amounted to Dh402 billion …

Posted on 02/09/2024

BRICS expansion enhances group’s economic standing — UAE Finance Ministry

but in late December it refused to join DUBAI, September 2. /TASS/. The expansion of BRICS contributed to strengthening the economic positions of the group, Younis Haji Al Khoori, Under-Secretary of …

Posted on 02/09/2024

UAE visa amnesty: Lifeline for illegal residents & job seekers until Oct 30

Indian nationals wishing to return to India can apply for an emergency certificate at the Consulate General of India (CGI) in Dubai or the Awir Immigration Centre …

Posted on 02/09/2024

UAE: All fines removed for overstayers seeking amnesty, top official confirms

All fines of overstayers will be removed from the system the moment an overstayer applies for amnesty, a top official has …

Posted on 02/09/2024

UAE: All fines removed for overstayers seeking amnesty, top official confirms

All fines of overstayers will be removed from the system the moment an overstayer applies for amnesty, a top official has …

Posted on 02/09/2024

Softlogic partners with Daikin to advance UAE’s commercial air conditioning industry

The partnership is formed amidst a booming commercial air conditioning market in the UAE, valued at over $650 million due to a surge in real estate developments. Softlogic and Daikin aim to capitalize …

Posted on 02/09/2024

UAE and BRICS: Partnership seeking to enhance global development, prosperity

This move aligns with the UAE’s long-standing approach of building partnerships with countries, international organisations, and institutions to enhance the competitiveness and sustainability of its e …

Posted on 02/09/2024

National Bank of Fujairah launches NBF Emerging Business Unit, to nurture the nation’s SMEs

Dubai — The National Bank of Fujairah (NBF) has today announced the launch of the NBF Emerging Business Unit, to provide personalised service and the support needed for businesses to achieve their …

Posted on 02/09/2024

HSBC names new Head of Global Banking Coverage for the UAE

Al Marri will report functionally to Julian Wentzel, HSBC’s Head of Global Banking for Middle East North Africa and Turkey (MENAT), and to Mohamed Al Marzooqi, Chief Executive of HSBC UAE, on an …

Posted on 02/09/2024

UAE parents anticipate as much as AED 600,000 for their children’s higher education, Zurich survey reveals

Parents who start early and choose the right education savings plan are better positioned to secure their children’s futures …

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