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Tag: hedge fund

Posted on 24/07/2024

UAE: Gold prices jump Dh2 per gram in early trade on Wednesday

Gold prices jumped Dh2 per gram in Dubai at the opening of the markets on Wednesday as prices rose above $2,400 per ounce on …

Posted on 24/07/2024

UAE: Gold prices jump Dh2 per gram in early trade on Wednesday

Gold prices jumped Dh2 per gram in Dubai at the opening of the markets on Wednesday as prices rose above $2,400 per ounce on …

Posted on 24/07/2024

Dubai’s economy grows 3.2% in first quarter on non-oil sector boost

Dubai’s economy grew 3.2 per cent annually in the first quarter of 2024, with Dh115 billion ($31.3 billion) added to the emirate’s gross domestic product during the period, driven by the expansion of …

Posted on 24/07/2024

Dubai Islamic posts solid H1 growth; net profit up 8.6%

The UAE remains resilient with key sectors showing positive momentum such as tourism, hospitality, transportation and the financial sector which has demonstrated improving asset quality and rising …

Posted on 23/07/2024

Some 84% of UAE investors likely to invest in future IPOs: survey

These are the findings from the landmark UAE Investor Pulse Survey 2024, conducted by Edelman Smithfield, a specialised global financial communication advisor …

Posted on 23/07/2024

UAE investors show strong interest in future IPOs, survey finds

The UAE Investor Pulse Survey 2024 provides insights into investor sentiment regarding the country’s capital markets …

Posted on 23/07/2024

Dubai’s GDP tops $31.3bln in first quarter of 2024, with its economy growing 3.2%

His Highness said it is especially commendable that the emirate’s successes in this regard highlight the combined efforts and teamwork of various stakeholders to realise the objectives of the emirate’ …

Posted on 23/07/2024

UAE fintech Aura partners with Reem Finance to improve SME cash flow

The agreement envisages providing SMEs immediate payment on their invoices through Aura’s invoice financing feature …

Posted on 23/07/2024

UAE fintech Aura partners with Reem Finance to improve SME cash flow

The agreement envisages providing SMEs immediate payment on their invoices through Aura’s invoice financing feature …

Posted on 23/07/2024

UAE, Indonesia ink MoU on Public Financial Management

The UAE has signed a Memorandum of Understanding (MoU) with Indonesia to enhance cooperation in public financial management. The agreement covers a range of financial practices, including macro and …

Posted on 23/07/2024

ECI calls on UAE-based manufacturers, exporters and re-exporters to capitalise on its ‘Xport Xponential’ initiative

Commercial Bank of Dubai, Ajman Bank, the National Bank of Ras Al Khaimah, and the National Bank of Fujairah (NBF). Disclaimer: The content of this article is syndicated or provided to this website …

Posted on 23/07/2024

Ufunded.com Unveils High-Tech Headquarters in Dubai’s Iconic Opus Tower

Ufunded.com has opened its futuristic headquarters in the heart of Dubai, spanning across a third of an entire floor in the prestigious Opus Tower, designed by the legendary Zaha Hadid.

Posted on 23/07/2024

Finastra partners with CredAble to deliver a holistic supply chain finance offering to banks globally

Finastra Trade Innovation, integrated with CredAble’s supply chain finance platform, enables banks to grow their trade and supply chain finance business and deliver enhanced customer experiences …

Posted on 23/07/2024

UAE: Rakbank lands social first – IFR

Through the issuance of social bonds, Rakbank will fund projects related to healthcare and employment generation …

Posted on 22/07/2024

UAE’s PureHealth-backed US healthcare group Ardent Health Partners completes NYSE IPO

Image Credit: Supplied Abu Dhabi: Alpha Dhabi Health Holding’s PureHealth has successfully concluded the initial public offering (IPO) of its subsidiary, Ardent Health Partners, on the New York Stock …

Posted on 22/07/2024

UAE stock markets close Monday with varied performance

International Holding Company (IHC) registered the highest turnover of AED 217.24 million, whereas Eshraq Investments dominated the trading volume with 86.71 million shares. Fujairah Cement Industries …

Posted on 22/07/2024

Dubai’s GEMS Education secures $3.25bn new financing facility

Dubai’s GEMS Education secured a new sustainability-linked financing facility from a consortium of local lenders. The facility, along with the investment from a consortium of regional and …

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