Tag: hedge fund

This marks the first fee adjustment in five years, the decision recognises the evolving regulatory landscape and related cost increases since the previous update …

The strategic collaboration sets the stage for a financing arrangement, offering up to $100 million to facilitate the export of energy commodities from the UAE. The syndicated financing arrangement, a …

For the year 2023, its pro forma net profit grew by 6.1% to AED1,083 million. This pro forma net profit comparison adjusts for pre IPO leverage to show comparable performance. On an absolute basis, …

The United Arab Emirates on Monday launched a fund to finance the development of sophisticated technology in developing nations. The fund was launched with capital of $200 million, financed by the Abu …

The UAE has clarified rules on debt repayments in regards to pensions and gratuity. The General Pension and Social Security Authority (GPSSA) has issued a circular to government and private sector …

Dubai’s Emirates Central Cooling Systems Corporation, also known as Empower, reported full year 2023 net profit attributable to equity holders of 953 million dirhams ($259 million), versus AED 1 …

The agreement is part of the process of economic and financial integration and the free movement of capital between the two countries …

The Karnataka High Court also allowed Shetty to go abroad, if no other restriction exists for his travel abroad other than these LOCs …

While authorities have urged private companies to , some employees reported to offices on Monday morning despite the inclement weather. “I’m actually an hour late to work, and I was considering …

Joint steering committee, comprising representatives from the Government of Dubai and Emirates NBD, will be responsible for guiding the initiative …

Mohamed Maait, the Minister of Finance, signed the supplementary agreement for the Protocol to Avoid Double Taxation and Prevent Income T …

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, met with Arab Ministers of Finance taking part in the Arab Fiscal Forum held today on Day 0 of …

Dr Mohamed Maait Minister of Finance of Egypt reaffirmed the Egyptian government keenness to continue developing cooperation ties with the UAE es …

Mr. Jamal Saleh, Director General of UAE Banks Federation, said:“Organising this awareness seminar with the participation of banking sector leaders is part of UAE Banks Federation’s initiatives under …

The UAE Ministry of Finance (MoF) said the latest review by the Organisation for Economic Co-operation and Development (OECD) on preferential tax regimes has officially recognised the United Arab …

The UAE Ministry of Finance announced on Friday that it will participate in the World Governments Summit (WGS) 2024, under the theme “Shaping Future Governments”, from Feb.12-14 in Dubai.

In the UAE, the Ministry of Finance issues treasury bonds every six weeks, in collaboration with the UAE Central Bank. The UAE Central Bank also defines purchasing T-Bonds as, “lending the federal …