Tag: hedge fund

Kenya will wait to draw cash from a $1.5 billion privately placed bond in the United Arab Emirates so that it can fit into its budget plans for this financial year, Finance Minister John Mbadi said on …

National Bank of Fujairah (NBF) is excited to announce the integration of the NBF Direct mobile app with UAE Pass, the official digital identity solution for the UAE. This enhancement provides …

During a media briefing organised by the ministry today in Dubai, the ministry announced the launch of the Delegation of Authority Matrix …

The Central Bank of UAE (CBUAE) on Thursday said that financial infrastructure is ready to launch the country’s first domestic card — Jaywan — locally and globally. Launched by the Central Bank’s …

Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), has announced the readiness of the financial infrastructure for Jaywan, the UAE’s domestic card scheme, to be activated …

Arada, which currently serves the Sharjah and Dubai markets, is also looking at entering other emirates, Mr Alkhoshaibi said. “We have Ras Al Khaimah coming up soon and we’re looking at Abu Dhabi,” he …

Dubai is solidifying its status as a premier destination for ultra-high-net-worth individuals and family offices, driven by a confluence of strat …

The UAE banking sector delivered a resilient performance in 2024, marked by double-digit lending growth, improved cost efficiency, and a five-year low in risk costs, according to a report by global …

Cost efficiency and asset quality shone as the cost of risk (CoR) hit a 5-year low at 0.5 percent …

Industry-leading Net Promoter Score (NPS) of 74 Abu Dhabi, UAE – Wio Bank PJSC has established itself among the top 10 most profitable neobanks globally and a leading UAE bank for retail and SME …

Dubai Bavaguthu Raghuram Shetty, the founder of the UAE’s largest private healthcare chain, has been ordered by the D …

Dubai real estate prices fell by 0.57% in January 2025 – the first decline since summer 2022 – signalling a market shift towards stabilisation, according to leading real estate intelligence authority …

ACET (ACT), a leading global blockchain-driven digital asset, has signed a significant Memorandum of Understanding (MoU) with Saif Belhasa Holding (SBH), one of the most influential business …

Sales volumes were down 4.6 per cent compared to December 2024, according to the latest Property Monitor monthly market report …

The UAE and Saudi Arabia led MENA M&A activity to more than $92bn last year, according to the latest EY MENA M&A Insights 2024 report. The MENA region recorded a 3 per cent rise in merger and …

About 1.5 million users in the UAE have enrolled with Aani, the central bank’s new instant payments platform, as the Emirates seeks to increase financial inclusion and move towards a cashless society.

Meanwhile, the UAE participated in the second G20 Finance and Central Bank Deputies (FCBD) meeting under the South African Presidency of the G20, which was held in Cape Town from 24-25 February, to …