Tag: hedge fund

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% …

Starting as an assistant engineer, Qasim Sultan rose through the ranks to become assistant director, deputy director and, ultimately, director-general …

The administrative fines related to the ID card are imposed in case of committing two violations: Delaying registration to obtain the ID card, and delaying its renewal after 30 days from its …

The total investments by banks operating in the country continued to rise steadily, reaching AED 666.2 billion at the end of April 2024, registering growth of 0.3% on a monthly basis, and 5% since the …

On May 16, the UAE’ Court ordered Honasa to pay a compensation of AED 25.07 (around INR 56.6 Cr) Mn as damages to RSM General Trading Agency …

Salima Gutieva, Visa’s VP and Country Manager for UAE, added, “We are delighted to partner with Ajman Bank on the AccelRight Visa Business Credit Card. Together, we aim to deliver outstanding …

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 …

Dubai real estate investors are turning to bank financing options to purchase properties with less burden on down payments to buy in off-plan developments. In a significant development for the real …

The Central Bank of the United Arab Emirates (CBUAE) made history, with its balance sheet hitting a record AED789.82 billion by the end of April 2024. The April end balance sheet figures also …

Traditionally, off-plan projects required buyers to make substantial upfront payments directly to developers. For instance, a typical payment structure might demand a 60% payment during the …

Dubai continues to experience an incline in the city’s real … according to data from Norada Real Estate Investments, fuelled by rising national mortgage rates across the country. Research has …

Chinese new energy companies have been investing heavily in Dubai. The Middle East is known not only for the oil wealth but also for the sunshine, which supports the development of the photovoltaic …

Not long ago, businesses were judged mostly on their financial performance. More profits were essentially a byword for success. Today, however, companies are also being evaluated on their adherence to …

Key sectors in the UAE – from retail to hospitality to gold and jewellery sales – will be immediate beneficiaries as Indian tourists get the option to pay for their transactions using the rupee and …

ABU DHABI: Gross banks’ assets, including bankers’ acceptances, increased by 1.0 percent from AED 4,254.5 billion at the end of March 2024 to AED 4,296.5 billion at the end of April 2024, according to …