Tag: hedge fund

Majority of Gulf trade is carried out in US dollars. However, several countries including India and China have been increasingly seeking to pay in local currencies as it lowers transaction costs apart …

Companies Will Require Expert Guidance to Comply with New UAE Corporate Tax Laws . As businesses await further clarifying Cabinet resolutions, PRO Partn …

Access Holdings, Nigeria’s biggest lender by assets, plans to expand operations to the UAE, China, India, Lebanon and Malta by 2027, Premium Times newspaper reported. In its five-year strategy plan, …

ADSW 2023 Highlights Role of Private Sector to Sustain UAE’s $43bn Investment in Clean Energy . Sustainable financing solutions help in funding transfor …

The value of the facilities provided by the bank for sustainable projects exceeded $35bln between 2017 and 2021, highlighting FAB’s target of providing $75bln in green financing for the period 2022-20 …

UAE defines 19 categories of domestic worker, including maid, nanny, personal trainer and personal driver UAE calls for domestic workers to be paid online domestic workers, MOHRE Culture & Society …

First Abu Dhabi Bank facilitated more than AED25.7bn of sustainable projects last year, says its Chief Sustainability Officer Shargiil Bashir. Bashir said FAB has made significant progress by …

Emirati Minister Omar Sultan Al Olama discussed Samuel Bankman-Fried’s infamous trip to Dubai, cryptocurrency regulation, decentralized finance and more in Davos.

In cooperation with the UAE Central Bank, the Ministry provides all employers with the option to pay the wages of their domestic workers electronically through banks, exchange houses or financial inst …

The DFSA expects all authorized firms to submit AML returns within the set deadlines and will look to escalate fines against recalcitrant firms,” said Ian Johnston, CEO of DFSA. “The DFSA will …

The financing plan included loans worth USD 2.9 billion from the World Bank.With the current foreign reserves standing at a mere USD 4.3 billion, Pakistan may not be able to reach June without support …

Continuous innovation, segment focus, digital excellence and sustainable future are the core tenets of our 2025 growth strategy.

Loan was scheduled to be paid off in Feb, March, which would have depleted country’s already dwindling foreign reserves even further – Anadolu Agency …

Emirates Global Aluminium (EGA), the Middle East’s biggest producer of the metal, may sell shares to the public as soon as the third quarter of 2023, according to the head of one of its biggest …

Pine Labs opened a new UAE office at Emaar Business Park, Sheikh Zayed Road, Dubai Payments platform Pine Labs announces UAE expansion digital economy, digital payments, financial technology, fintech, …

The Abu Dhabi Fund for Development (ADFD) has rolled over a $2 billion deposit with the State Bank of Pakistan (SBP) that was payable over the next two months, Finance Minister Ishaq Dar confirmed on …

The total number of IPOs from the GCC jumped to 48 issuances in 2022 from 20 issuances in 2021, as per Kamco Invest analysis. Proceeds for 2022 from GCC issuers went up by 3.1x to $23.38 billion from …