Tag: hedge fund

Gulf IPOs raised $3.6bn in the first half of 2024, according to Kuwait Financial Centre “Markaz”. In a research report titled “Initial Public Offerings (IPO) in the GCC markets”, it noted the region …

Company accounts can be opened digitally, anytime and anywhere, solidifying NBF’s reputation as an innovative, key partner for the corporate, business banking and SME sectors …

Abu Dhabi – First Abu Dhabi Bank (FAB), the UAE’s largest bank and a regional banking powerhouse, is the most sustainable company in the Middle East and Africa and among the World’s 500 Most …

This surge accounted for 59% of the total GCC IPO proceeds. Conversely, the UAE witnessed a substantial drop of 67% in IPO proceeds, generating $1.3bn through only 3 offerings, which constituted 37% …

The total investments by banks operating in the country continued to rise steadily, reaching AED 666.2 billion ($181.3 billion) at the end of April 2024, registering growth of 0.3% on a monthly basis, …

This represented an increase of 141% in the value of Saudi IPOs compared to H1-2023. In the UAE, IPO proceeds totaled USD 1.3 billion during the period with 3 offerings constituting 37% of total GCC …

Developing the right structure and mechanisms for green finance can help the GCC countries unlock up to $2 trillion in GDP contribution and generate more than one million jobs by 2030, according to …

The Central Bank of the UAE (CBUAE) has said it boosted its foreign assets by more Dh176 billion within a year — from April 2023 to the end of April 2024. Foreign assets surged by 2.55 per cent during …

These partners included some of Dubai’s leading organisations, such as Emirates Airline, dnata, Dubai International Financial Center (DIFC), Expo City Dubai, Dubai Department of Economy and Tourism …

The Ministry of Finance has wrapped up its Government Financial Management Awareness Programme for the first half of the year, after offering nine courses attended by over 1,000 employees from 48 …

The Dubai real estate sector recorded more than AED12.9bn ($ … The Land Department also showed mortgage deals worth AED1.86bn ($506.4) last week. Gift transactions in the same period were valued at …

Chief Executive Officer of the Dubai Healthcare City Authority (DHCA); Dr. Soo-Sung Park, Chief Financial Officer and Paediatric Orthopedic Surgeon at Asan Medical Centre; Najib Fayyad, Chief …

For speedy legal remedy, you may consider filing an execution case against your client before the court of competent jurisdiction …

Polynome Group has secured in-principle approval from the Dubai International Financial Centre (DIFC) and Dubai Financial Services Authority (DFSA) to launch its AI fund in 2025, following the …

Dubai–UAE:June 2024 – Dubai is well on track to becoming … while also exploring key AI enablers, such as finance and research. The AI Retreat served as a platform for direct and open communication …

according to the Central Bank of the UAE (CBUAE). The figures showed a 21% increase in investments at th end of April 2024 compared to the same month last year. At the end of last April, the …

The total investments by banks operating in the country continued to rise steadily, reaching Dhs666.2 billion at the end of April 2024, registering growth of 0.3% …