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Tag: hedge fund

Posted on 19/05/2024

S’pore’s alleged money launderers named alongside terrorist financiers, drug lords in Dubai probe

The Dubai Unlocked investigation involves hundreds of thousands of Dubai property records. Read more at straitstimes.com.

Posted on 19/05/2024

Dubai’s DLD launches initiative for real estate technology

These aim to develop real estate innovation, attract technology companies specialised in real estate to Dubai, enhance the innovation ecosystem in PropTech, finance and support real estate technology …

Posted on 19/05/2024

Exploring investment: PM expected to visit UAE in a couple of weeks

ISLAMABAD: Prime Minister Shehbaz Sharif is expected to visit United Arab Emirates (UAE) within a couple of weeks, wherein issues related to investment in different sectors, country’s financial …

Posted on 18/05/2024

The ‘Real Housewives of Dubai’ Net Worths, Ranked: Who Is the Richest?

Boasting luxurious shopping malls, man-made islands and the world’s tallest skyscraper, the city has become synonymous with wealth in recent years, so it made perfect sense when Bravo announced in …

Posted on 18/05/2024

Consumer confidence in UAE banks climbs to 90%, here’s why

Addressing a press conference held recently at Mashreq Bank’s headquarters in Dubai, Al-Ghurair emphasised that this uptick reflects the sector’s steadfast evolution, underscoring customer trust as a …

Posted on 18/05/2024

UN experts say South Sudan is close to securing a $13 billion oil-backed loan from a UAE company

U.N. experts say South Sudan is close to securing a $13 billion loan from a company in the United Arab Emirates, despite the oil-rich country’s difficulties in managing debts backed by its oil reserve …

Posted on 18/05/2024

Dubai picks banks for IPO of UAE builder ALEC – report

Dubai has picked banks to work on the initial public offering (IPO) of UAE builder ALEC Engineering & Contracting, Bloomberg reported, citing people familiar with the matter. The banks chosen to work …

Posted on 17/05/2024

Dubai Unlocked: A global investigation into Dubai’s real estate owners

Dubai Unlocked is an investigative project involving more than 70 media outlets around the globe revealing who owns what in Dubai, the Middle East’s financial hub.

Posted on 17/05/2024

Ajman Bank wins ‘Islamic Digital Banking Provider of the Year Award’

Ajman Bank has won the “Islamic Digital Banking Provider of the Year Award” at the MEA Finance Banking Technology Summit & Awards 2024.The awards ceremony, which took place at the Ritz-Carlton at the …

Posted on 17/05/2024

White & Case, Linklaters, Ibrahim & Partners Advise on Dubai Supermarket IPO

Lawyers from across the Middle East, London and the US worked on the Spinneys IPO, which led to an implied market capitalization of around $1.5 billion.

Posted on 17/05/2024

How Dubai’s dynamic economy created one of the world’s most buoyant office markets

Demand in premium property spaces, in particular, has reached new heights. Dubai International Financial Centre (DIFC) saw 34 percent growth in new registrations last year, and key office spaces such …

Posted on 17/05/2024

Dubai billionaire calls for fund to support mothers, says willing to contribute up to $27.24mln

A Dubai billionaire has suggested establishing a fund to support mothers in the UAE considering their critical role in the upbringing of the UAE’s future generation. Khalaf Ahmad Al Habtoor, founding …

Posted on 17/05/2024

Dubai billionaire calls for fund to support mothers, says willing to contribute up to Dh100 million

Khalaf Ahmad Al Habtoor, founding chairman of Al Habtoor Group, said on Thursday that he would contribute up to Dh100 million to the fund. “Mother is the most important person i …

Posted on 16/05/2024

Robust IPO activity in MENA region points to market resilience

Ernst & Young’s latest report reveals robust initial public offering (IPO) activity in the Middle East and North Africa (MENA) region during the firs …

Posted on 16/05/2024

Mideast Stocks: Most Gulf markets rise on US rate cut optimism; Dubai slips

Saudi Arabia’s benchmark stock index bounced back after two straight sessions of losses and advanced 0.8%, with ACWA Power rising 6.2% and Saudi National Bank, the kingdom’s largest lender, adding 1.7 …

Posted on 16/05/2024

ADX gained $1.9bln today, fueled by strong performances from bank stocks

The total market capitalisation of listed shares reached AED3.49 trillion at the end of Thursday’s trading session …

Posted on 16/05/2024

ADX: Abu Dhabi exchange adds $1.9bn in one day on strong bank stocks

On DFM, Emaar Properties emerged as the most actively traded stock, attracting AED139.8m in liquidity. Air Arabia followed with AED29.3m in liquidity, while Emaar Development and Dubai Islamic Bank …

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