Tag: hedge fund

UAE banks have built substantial capital buffers and improved provisioning practices, which have strengthened balance sheets following the pandemic and previous economic cycles …

Construction and engineering company Alec Holdings is looking to raise as much as Dh1.4 billion ($381 million) from the sale of a 20 per cent stake through an initial public offering on the Dubai …

International and local banks across the Gulf region have closed branches and told staff to work from home after debris from an Iranian drone hit a building on the outskirts of the Dubai International …

Employers maintain hiring plans for 2026 while prioritising essential roles in technology, finance and operations as the UAE job market slows but does not stop …

A high-rise building in Dubai was seen with a large hole in its facade on Thursday morning after authorities reported that a drone had fallen onto the structure. Officials have not yet confirmed where …

The British bank said it has simply extended a precautionary work-from-home arrangement that was implemented last week …

Citigroup and Standard Chartered have begun evacuating their Dubai offices, telling staff ‌to work from home instead, sources said on Wednesday, as banks step up precautions after Iran threatened Gulf …

Citigroup and Standard Chartered evacuate Dubai offices as banks activate plans following Iran threats to Gulf financial interests.

A prominent British bank, Standard Chartered, has started evacuating staff from its Dubai offices due to threats from Iran against US- and Israeli-affiliated banks in the region.

Damas International, the global jeweler and watch retailer, announced on Wedneday plans to list a 28 percent stake in the company on the Dubai International Financial Exchange (DIFX) to fund expansion …

DE Shaw, the world’s fourth largest hedge fund, is opening in Dubai to tap public and private opportunities in the world’s largest oil exporting region and ease Gulf Arab investors moves into overseas …

Citigroup and Standard Chartered evacuate Dubai offices as banks activate plans following Iran threats to Gulf financial interests.

British bank Standard Chartered has a large presence in the United Arab Emirates, with Dubai now a large financial hub for leading international banks including JPMorgan and HSBC …

Standard Chartered Bank confirmed that it continues to provide its services normally in the Middle East region through remote work arrangements. It clarified that these arrangements were recently …

Drones fell near Dubai airport, injuring four people, while attacks hit three ships in or near the Strait of Hormuz as Iran kept up its campaign disrupting oil markets and air and maritime traffic.

Citigroup and Standard Chartered evacuate Dubai offices as banks activate plans following Iran threats to Gulf financial interests.

Dubai-based investment bank Shuaa Capital has seen its group CEO leave after less than two years in the role. In a statement on Tuesday, the firm said it had “taken steps to deepen its senior …