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Tag: hedge fund

Posted on 25/06/2024

Dubai real estate: Major new player enters property market with massive AED2.6bn project pipeline

The developer has already acquired over 623,000 square feet of land in prime areas of Dubai as it ramps up its local pipeline. It said the strategic land bank will allow “swift adaptation to market …

Posted on 25/06/2024

UAE will need 150 new schools by 2030 – investors are ready to put up the funds

Why GEMS stake sale to Brookfield is such a big deal for UAE education sector Dubai, Cairo top Saudis’ destinations over school break UAE’s Gulf Islamic Investments sells Amity School complex for $50 …

Posted on 25/06/2024

Dubai drops out of top 10 most expensive cities for ultra wealthy

Dubai is no longer among the top 10 most expensive cities globally for the ultra wealthy, as its cost of living remains competitive compared to major global cities, a report has found. The city ranked …

Posted on 25/06/2024

Verition Fund Management Portfolio: A Deep Dive into a Diversified $10.47 Billion Hedge Fund

Verition is a multi-strategy hedge fund with an AUM of $10.47 billion … The fund, besides its New York and Connecticut offices, has bases in London, Dubai, Hong Kong, and Singapore. ・Verition is a …

Posted on 25/06/2024

Minister Zeyoudi to Lead Largest Ever UAE Delegation to SelectUSA

finance and logistics. The Emirati Minister’s visit will reinforce the robust economic relationship between the UAE and the US, which has flourished, with bilateral trade reaching $31.4 billion in …

Posted on 24/06/2024

UAE financial markets witness successful IPOs enhance investment attractiveness

In recent months, the financial markets in the UAE have experienced the successful initial public offerings (IPOs) of three new companies: Alef Educa …

Posted on 24/06/2024

Saudi milling company Arabian Mills plans to list 30% stake in IPO, CMA says

DUBAI, June 24 (Reuters) – Saudi Arabia’s Arabian Mills for … Saudi regulator CMA said it had approved the firm’s public listing application, adding Arabian Mills would publish the IPO prospectus …

Posted on 24/06/2024

Saudi milling company Arabian Mills plans to list 30% stake in IPO, CMA says

DUBAI, June 24 (Reuters) – Saudi Arabia’s Arabian Mills for … Saudi regulator CMA said it had approved the firm’s public listing application, adding Arabian Mills would publish the IPO prospectus …

Posted on 24/06/2024

OYO Expands to Open Its First Luxury Hotel in Dubai Ahead of IPO Plans

India is the biggest source country for Dubai tourism. The country ranked on top in terms of the number of passengers with a total of 11.9 million visitors to Dubai in 2023, followed by Saudi Arabia …

Posted on 24/06/2024

Dubai-listed Spinneys opens first Saudi store, four more planned this year

Dubai-listed Spinneys has announced the opening of its first Saudi store, with four more due to open in the kingdom this year, with 12 stores expected in the kingdom by 2028. Spinneys, which completed …

Posted on 24/06/2024

Wio Bank unveils new embedded finance services in the UAE

Wio Bank is introducing a new embedded finance service designed especially for the UAE’s small and medium-sized enterprises (SMEs). This initiative includes strategic partnerships with accounting …

Posted on 24/06/2024

HSBC’s first global wealth trading platform unveiled in UAE

H SBC has announced the launch of WorldTrader in the UAE, a digital trading platform providing customers access to a wide range of international investments. The UAE is the first market in the HSBC …

Posted on 24/06/2024

UAE businesses get new finance service at Wio Bank

UAE businesses can now link their accounts with select accounting software platforms Jayesh Patel, Chief Executive Officer of Wio Bank PJSC, shared how companies can now link their accounts with …

Posted on 24/06/2024

HSBC launches new digital trading platform in UAE

This reflects increasing demand from investors in the UAE to diversify into international investments. A recent survey by the bank found over half of respondents in the UAE plan to raise their …

Posted on 24/06/2024

HSBC launches new digital trading platform in UAE

This reflects increasing demand from investors in the UAE to diversify into international investments. A recent survey by the bank found over half of respondents in the UAE plan to raise their …

Posted on 24/06/2024

HSBC launches global wealth trading platform in UAE

HSBC has announced the launch of “WorldTrader” in the UAE, a digital trading platform providing customers with access to a wide range of investments internationally.World Trader’s extensive network …

Posted on 24/06/2024

Wio Bank redefines SME banking with new embedded finance services in the UAE

DUBAI, UAE – Wio Bank PJSC, the region’s first platform bank, is introducing a new embedded finance service designed especially for the UAE’s small and medium-sized enterprises (SMEs). This initiative …

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