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Tag: hedge fund

Posted on 09/01/2024

UAE’s fintech Maalexi raises $3mln to fund expansion

UAE-based fintech Maalexi, which caters to small agri-businesses, has raised $3 million in a pre-Series A funding round led by venture capital firm Global Ventures.

Posted on 09/01/2024

UAE crackdown extends to fresh flag state popular with shadow fleet owners

The Cameroon registry has grown sharply since the start of Russia’s invasion of Ukraine. It grew by 1m gt in 2022, an increase of 41.5%, despite being the worst-performing flag state assessed by the …

Posted on 09/01/2024

Binghatti grows its land bank in Business Bay with AED 365mln plot acquisition

Binghatti’s expansion of its project development across Dubai has contributed to the company’s stock value, which has recently been captured at a value of over AED 20 Billion.

Posted on 09/01/2024

My Dubai Salary: ‘I earn up to Dh50,000 a month as a financial adviser’

Shalu Sharma currently works as an associate vice president at financial services company Continental Group. She is a financial adviser and helps people and corporate clients with financial planning.

Posted on 09/01/2024

UAE – Explaining The Landmark Developments Of The COP28.

UAE – Explaining The Landmark Developments Of The COP28. Legal News and Analysis – UAE – Energy & Project Finance – …

Posted on 09/01/2024

UAE: Gold prices jumps after hitting 3-week low

Expert says generally weaker risk tone in the markets should act as a supportive force for the rise of precious metals considered a haven …

Posted on 09/01/2024

Dubai real estate market review: Occupancy increase, stock decrease, top performing areas

The long-term rental market in Dubai witnessed a dramatic increase in yields throughout 2023, positioning the city well ahead of its global counterparts …

Posted on 09/01/2024

UAE savings guide: How to save more of your salary with the 50/30/20 rule

Since UAE workers have the advantage of working on a tax-free salary, implementing this rule would should lead to higher savings over time …

Posted on 09/01/2024

UAE: Gold prices jump nearly Dh2 after hitting 3-week low

Expert says generally weaker risk tone in the markets should act as a supportive force for the rise of precious metals considered a haven …

Posted on 09/01/2024

Dubai records over $326mln in realty transactions Monday

DUBAI: Dubai real estate market recorded 477 sales transactions worth AED1.66 billion, in addition to 129 mortgage deals of AED430.56 million, and 20 gift deals amounting to AED60.74 million on Monday …

Posted on 09/01/2024

Dubai SME joins forces with AI fintech CXDA to boost business

Dubai SME is teaming up with an AI specialist to boost the bankability of small businesses in the city.

Posted on 08/01/2024

UAE: Dubai records over AED2.1 bn in realty transactions Monday

The mortgages included 101 villas and apartments worth AED 155.57 million and 28 land plots valued at AED 275 million, bringing the total realty transactions of today to over AED 2.1 billion. (ANI/WAM …

Posted on 08/01/2024

From lifeguarding to investment banking: The jobs of the Dubai Bling cast before the show

Mona originally worked in investment banking before entering the entrepreneur world. Cofounding a PR and communications business, MasterMind where she served as a managing partner of the PR division …

Posted on 08/01/2024

MBC Group IPO: Shares rise 30% in Tadawul trading debut

Regional broadcaster MBC Group rose by as much as 30 per cent on its trading debut on Saudi Arabia’s Tadawul stock exchange on Monday as investors continue to bank on local listings amid a flurry of …

Posted on 08/01/2024

Pioneering UAE agri-trade fintech – Maalexi – raises $3mln in pre-Series A round

UAE – Maalexi, the UAE-based dynamic risk management platform for SME agri-businesses, announces its completion of a $3 million pre-Series A fund raise.

Posted on 08/01/2024

UAE’s FAB gives price guidance for its 5-yr sukuk

The United Arab Emirates’ largest lender, First Abu Dhabi Bank , has given price guidance of around 100 basis points over U.S. Treasuries for its dollar-denominated Islamic bonds, according to a …

Posted on 08/01/2024

New ministers, portfolios: 2024 will be ‘a good year’ for UAE, says Sheikh Mohammed

The announcement came a day after Sheikh Mohammed announced the first meeting of Council of Ministers for the new year …

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