Tag: hedge fund

Dubai’s benchmark index snapped its losing streak since Friday, climbing 1.4% and marking its best day since September …

Dubai stock market closed higher on Wednesday, outperforming the Gulf region, while Qatari stocks retreated amid volatile energy prices.

Read: Dubai Financial Market Company posts Dhs103.8m net profit for 2021, dipping 24.7% y-o-y. Revenues for the year 2022 equated to Dhs351.2m, up 19 per cent compared to Dhs294.6 …

(MENAFN- Weber Shandwick) DUBAI, UNITED ARAB EMIRATES, 31 January 2023: Mortgage Finder has announced the launch of its Mortgage Market Annual Report 2022, sharing key insights on real estate mortgage …

The move is part of a “comprehensive strategy” being developed by the centre to accelerate Dubai’s status as a global metaverse leader, Dubai Media Office said in a statement on Monday. The platform …

DUBAI – Dubai real estate market recorded 471 sales transactions worth AED1.87 billion, in addition 70 mortgage deals of AED122.36 million, and 14 gift deals amounting to AED130.13 million on Tuesday, …

There were a record number of IPOs in the MENA region last year as $22bn raised with sale offers MENA IPO market sees record year with 51 listings and $22bn raised GCC IPO activity, GCC IPO market, …

Provided by Khaleej Times The first auction of the UAE T-Bond programme in 2023 witnessed a strong demand through the six primary bank dealers. The UAE’s first auction of tre …

Tenants can pay rent automatically through the Noqodi Ejari Direct Debit Service (DDS) Dubai announces rent can now be paid by direct debit instead of cheque Real Estate …

Dubai will continue to attract strong demand from property investors and witness project launches this year, but the “momentum” in the market is expected to slow in the wake of global turbulences, …

The Mena region saw a record number of IPOs in 2022 with 51 IPOs and combined proceeds of $22 billion, said professional services firm EY in a new report. The year witnessed a 143% increase in the …

Dubai International Financial Centre launches Metaverse Platform with an aim to attract technology innovators from around the world.

Saudi Arabia’s benchmark stock index slipped 0.5%, dragged down by financial and real state stocks … 500% growth in fourth-quarter net profit and a 76% increase in revenue. Dubai’s benchmark index …

Economic targets of US$8.7 trillion over the next decade Agenda aims to double the size of Dubai’s economy and consolidate its position among the top 3 global cities The new Dubai Economic Agenda …

Dubai International Financial Centre declared the opening of the DIFC Metaverse Platform on Monday in a proposal to draw technology innovators from a …

US hedge fund Davidson Kempner Capital Management bought $1.1 billion in bad debt from Abu Dhabi Commercial Bank PJSC as the lender cleans up a balance sheet battered by a series of corporate defaults …

UAE’s Abu Dhabi Commercial Bank PJSC (ADCB) has sold a portfolio of non-performing loans (NPL) worth 4.2 billion dirhams ($1.1 billion) to investment funds advised by Davidson Kempner Capital …