Tag: hedge fund

One bank announced last week its “personal finance sale,” offering UAE residents a chance to borrow money at less than 3 per cent annual interest. The attractive rates, however, are being offered at a very limited period and soon, borrowers may find it ... ( read original story ...)

For example, the #UAE circulated new draft IPO regulations for feedback from stakeholders, setting requirements increasingly in line with international exchanges. Changes for the better Saudi Arabia's Capital Market Authority (CMA) announced a number of ... ( read original story ...)

Private equity baron Guy Hands has sold an aircraft leasing business his hedge fund Terra Firma has co-owned for more than ... (CPPIB), has sold the Dublin-based aircraft lessor Awas to Dubai Aerospace Enterprise, the largest aircraft lessor in the ... ( read original story ...)

Oilfield services company ADES International announced today it is planning to raise up to $170m (£133m) when it floats on the London Stock Exchange next month. The company has set a guidance price of $16.50 to $19.60 (£12.90 to £18.10) per share and is ... ( read original story ...)

With the UAE’s steel industry poised for further growth in 2017 ... launched its operations in Abu Dhabi in the midst of the financial crash. Despite the lack of demand and a significant drop in prices in the sector, the firm set out to supply the ... ( read original story ...)

Alphabit is registered in Dubai and the Cayman Islands. Fees include 2.5 percent for management and 45 percent for performance. The latter will only apply if the fund outperforms the price of bitcoin, said Robertson, a former currency trader at hedge fund ... ( read original story ...)

A spurt in digital finance in the UAE is inevitable as the country embraces the global trend of smart payment solutions. Digital finance - financial services delivered via mobile phones, the internet or cards linked to a digital payment system - could be a ... ( read original story ...)

DUBAI // Low-income families and labourers will be able to get food donated by hotels and supermarkets after the country’s first food bank was launched in the city on Wednesday. Stocked with boxes of food as part of the Year of Giving, the food bank aims ... ( read original story ...)

Hong Kong/Riyadh/Dubai: China is creating a consortium ... Saudi officials have said Chinese companies were interested in investing in the Aramco IPO as the country — the second biggest consumer of oil globally — seeks to secure crude supplies ... ( read original story ...)

HONG KONG/RIYADH/DUBAI (Reuters) - China is creating a consortium ... Saudi officials have said Chinese companies were interested in investing in the Aramco IPO as the country - the second biggest consumer of oil globally - seeks to secure crude supplies ... ( read original story ...)