Tag: hedge fund

The Central Bank of the UAE (CBUAE) announced the increase in money supply aggregate M1 by 1.8%, from Dh965.3 billion at the end of January 2025 to AED982.9 billion at the end of February 2025. The …

The UAE, represented by the Ministry of Finance, has hosted the first-ever BRICS event in the country, the BRICS Finance Track Working Group Taskforce on Public-Private Partnership and Infrastructure …

Discover the future of UAE’s construction industry, highlighting a 4.2% growth forecast for 2025 and a sustained 4% annual increase from 2026-2029. Key drivers include Dubai’s AED16 billion Roads …

Opening a bank account in the UAE as an expatriate is a straightforward process, provided you have the necessary documentation and meet specific requirements. Whether you’re a resident or a …

The Bank’s first-quarter results were underpinned by a resilient balance sheet, prudent asset allocation, and a sustained focus on business growth …

The UAE has begun implementing a waiver on tax fines for businesses in the country. The Federal Tax Authority has announced that it has begun implementing the UAE Cabinet Decision to exempt certain …

HSBC report highlights how Dubai is cementing a reputation as a financial powerhouse and has aspirations as a global commerce hub …

Abu Dhabi, The UAE, represented by the Ministry of Finance, has hosted the first-ever BRICS event in the country, the BRICS Finance Track Working Group Taskforce on Public-Private Partnership & …

Dubai’s capital markets are playing a pivotal role in advancing the Emirate’s ambition of becoming a global top four financial hub, with foreign investor participation now a defining feature of market …

On the broader Gulf capital markets, Gad noted the impressive performance of key bourses last year, including in Dubai, Abu Dhabi, Saudi Arabia and Kuwait …

Equity capital markets activity is picking up in the Persian Gulf. United Carton Industries has completed the institutional tranche of its IPO bookbuild, while two companies, Saudi budget airline …

Simon Williams, chief economist for Central and Eastern Europe, Middle East and Africa at HSBC, affirmed that economic prospects for the Gulf Cooperation Council (GCC) region, particularly the UAE, …

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has chaired the UAE Cabinet meeting held at Qasr Al Watan, Abu Dhabi.The meeting was attended by …

By 2031, the strategy targets significant growth, aiming to increase local Islamic bank assets to AED2.56tn ($697bn), increase local Sukuk issuances to AED660bn ($180bn), and international Sukuk …

The UAE cabinet on Tuesday, May 6, approved a strategy with the goal of developing the Islamic finance industry and also raise the level of exports of halal products worldwide. Sheikh Mohammed bin …

Sheikh Mohammed said, “I chaired a Cabinet meeting at Qasr Al Watan in Abu Dhabi, during which we approved the UAE Strategy for Islamic Finance and the Halal Industry. “The goal is to develop the …

The UAE Cabinet on Tuesday set up a strategy for Islamic Finance and the Halal Industry, which aims to increase the assets of the country’s Islamic banks from Dh986 billion to Dh2.56 trillion within …