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Tag: hedge fund

Posted on 05/12/2023

Crypto firm Phoenix rising after Abu Dhabi $370m IPO

Phoenix Group’s initial public offering (IPO), demonstrates strong market confidence with a remarkable 33 times oversubscription, amassing $370m. The offering attracted significant attention from …

Posted on 05/12/2023

National Bank of Fujairah shares insights into sustainable finance and ESG strategies through its knowledge-sharing platform

Experts in sustainability and Islamic finance help NBF customers and delegates navigate the transition to net-zero, in the ‘Year of Sustainability’ for the UAE

Posted on 05/12/2023

Wio Bank PJSC the first bank to launch Mastercard Carbon Calculator in EEMEA

The Carbon Calculator enables the bank to provide customers with carbon footprint data and insights about the impact of their purchases

Posted on 05/12/2023

UAE banks to allocate USD200B to finance sustainability, environmental projects

At the United Nations Climate Change Conference (COP28) in Dubai on Monday, Abdul Aziz Al Ghurair, Chairman of the UAE Banks Federation, made a signi

Posted on 05/12/2023

From Dh1,500 refund to 74% discount: UAE residents report 3 new scams they nearly fell for

A phone call claiming your bank account was frozen or you won a raffle you didn’t join. An SMS saying you have a package waitin..

Posted on 05/12/2023

UAE National Banks’ pledge to mobilise over AED 1trln in sustainable finance, reaffirming UAE leadership’s goals: UBF

UAE Banks Federation (UBF), the sole representative and unified voice of banks in the UAE, reaffirmed its commitment to support UAE’s goals by pledging to mobilise over AED 1 trillion, which represents more than US$ 270 billion,

Posted on 05/12/2023

Curbing powerful methane emissions is big focus at COP28 climate summit

At the global climate summit this weekend, the Environmental Protection Agency unveiled final rules to cut methane from oil and gas operations. The agency estimates it will cut 58 million tons of methane emissions from 2024 to 2038.

Posted on 05/12/2023

My Dubai Salary: ‘I earn up to Dh30,000 a month as a FinTech co-founder’

Sulochana Betwala is the chief operating officer and co-founder of digital payment app Totl, which helps customers and businesses through cashback rewards and e-vouchers. Totl is based in the Dubai …

Posted on 05/12/2023

Critics rip Jeff Zucker’s deal to buy UK Telegraph, call backer UAE a ‘sexist regime’

Ex-CNN boss Jeff Zucker’s buyout firm is pressing ahead with a bid to buy UK newspaper Daily Telegraph — even as critics slammed the “sexist regime” of his financial

Posted on 05/12/2023

Analysis: Emirati oil CEO leading UN COP28 climate summit lashes out as talks enter toughest stage

Analysis: Emirati oil CEO leading UN COP28 climate summit lashes out as talks enter toughest stage – The Emirati leading the United Nations’ COP28 climate talks walked out on stage Monday to a room fu

Posted on 05/12/2023

UAE banks pledge $200 billion in green finance at COP28 climate talks

Banks in the United Arab Emirates on Monday pledged to mobilise 1 trillion dirhams, or around $200 billion, in green finance, the chair of the country’s banking federation told the COP28 climate talks …

Posted on 05/12/2023

COP28: UAE financial sector commits to mobilising Dhs1tn in sustainable finance

The mobilisation of sustainable finance targets by the UAE banking sector advances the forward-looking sustainable finance ambitions of the UAE

Posted on 05/12/2023

UAE financial sector to mobilise over $272bln in sustainable finance by 2030 as UAE hosts COP28

The CBUAE also emphasised the role of digitalisation and advanced technology innovations in driving global climate action and sustainable finance

Posted on 05/12/2023

Critics oppose UAE-backed deal for Telegraph by ‘sexist regime’ as Barclays regains control of outlet

Ex-CNN boss Jeff Zucker’s buyout firm is pressing ahead with a bid to buy UK newspaper Daily Telegraph — even as critics slammed the “sexist regime” of his financial

Posted on 04/12/2023

UAE banking sector to mobilise over Dhs1 trillion in sustainable finance by 2030

Held on Finance Day at COP28, the event is aligned with the CBUAE’s strategy to lead sustainable finance efforts to enable climate action.

Posted on 04/12/2023

COP28 in Dubai: UAE financial institutions to mobilise Dh1 trillion in sustainable finance by 2030

The UAE’s banking and financial sector will mobilise more than Dh1 trillion ($272.5 billion) in sustainable finance by 2030, senior officials said at the 28th edition of the United Nations Climate Change Conference (COP28) in Dubai on Monday. Khaled …

Posted on 04/12/2023

UAE banks pledge $270 billion in green finance at COP28 climate talks

Banks in the United Arab Emirates on Monday pledged to mobilise 1 trillion dirhams, or around $270 billion, in green finance, the chair of the country’s banking federation told the COP28 climate talks …

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