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Tag: hedge fund

Posted on 04/08/2023

UAE Ministry of Economy and Huawei Cloud launch startup programme under The Entrepreneurial Nation initiative

Huawei Cloud startup programme will provide up to $150,000 in vouchers and access to Huawei Cloud ecosystem resources for eligible businesses …

Posted on 04/08/2023

Uae: Indian Expat Earning Dh4,000 Wins Dh15 Million With Big Ticket Bought On His Birthday

Sakil Khan Sarwar Khan is on cloud nine. The Indian expat from Dubai has won Abu Dhabi Big Ticket’s grand prize of Dh15 million with tickets bought last month on his birthday. “My birthday was on July …

Posted on 04/08/2023

Dubai financial regulator fines Mirabaud unit $3M for weak AML controls

A Middle Eastern unit of international banking group Mirabaud was ordered to pay a $3 million fine for inadequate anti-money laundering controls by the Dubai Financial Services Authority.

Posted on 03/08/2023

Just arrived in the UAE? Emirates ID, sim card, housing and banking

Welcome to the UAE – you made it! After making your way to your temporary accommodation, you are probably unpacking and wondering what your new life will be like in the Emirates. Whether you have …

Posted on 03/08/2023

Dubai’s RTA eyes banks ahead of IPO: Report

This marks Dubai’s first privatisation move of the year Dubai’s RTA eyes banks ahead of IPO: Report DFM, Dubai bourse, Dubai Financial Market, Dubai RTA, Dubai stocks, Initial public offering, IPO, …

Posted on 03/08/2023

Dubai: Common law to re-boost free zones’ appeal after relaxation of FDI law for onshore firm

The emirate has several free zones, each with its own authority responsible for governing and regulating activities within the zone distinct from those in the …

Posted on 03/08/2023

UAE introduces digital identity across service systems

The UAE introduced the UAE Pass to implement digital identity across its service systems provided by 130 operators, private and government.

Posted on 03/08/2023

UAE, Saudi PMIs show strong business activity

In the UAE, 30% of businesses surveyed reported increased activity in July in the S&P Global PMI survey, with less than 2% reporting a fall. New work growth slowed from June but remains robust and …

Posted on 03/08/2023

DFSA Fines Bank Mirabaud Usd 3 Million For Anti-money Laundering Controls Failings

The Dubai Financial Services Authority (DFSA) has imposed a fine of USD 3,022,500 (AED 11,100,131) on the bank Mirabaud (Middle East) Limited (‘Mirabaud …

Posted on 03/08/2023

Salary support, right job listings: How UAE’s Nafis programme is bridging gap between public and private sectors

Last month, the Ministry of Human Resources and Emiratisation announced the highest private sector localisation rate in the country’s history …

Posted on 03/08/2023

Dubai International Financial Centre reaffirms position as global hub for finance, innovation, and talent attraction with strong H1 2023 results

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, witnessed unparalleled growth in the first half of 2023. DIFC …

Posted on 02/08/2023

Bounced cheque could land former Apprentice star Selina Waterman-Smith in a Dubai jail

She is now stuck without a passport, bank account and medical insurance … “And it just shows to me that when a man wants to abuse a woman he can do it.” The story began in Dubai 2018 when a working …

Posted on 02/08/2023

Dubai: DIFC reports record growth in H1 2023 with 23% rise in new business registrations

Fintech booms in Dubai during the first half of 2023 as DIFC witnesses a 35% surge in innovative companies Dubai: DIFC reports record growth in H1 2023 with 23% rise in new business registrations …

Posted on 02/08/2023

Now access Ministry of Finance services using UAE Pass

Image Credit: Supplied Abu Dhabi: The UAE Ministry of Finance on Wednesday announced the implementation of UAE Pass digital identity for all its services. This move aims to boost digitalization …

Posted on 02/08/2023

Ministry of Finance enables ‘UAE Pass’ for all services

ABU DHABI – The UAE Ministry of Finance on Wednesday announced the enablement of the UAE Pass digital identity for all its services across systems, in line with the UAE’s efforts to enhance the …

Posted on 01/08/2023

California residential project launched in Dubai

Samana Developers, one of the fastest growing real estate companies in Dubai, has launched a Dhs215 million California residential project. This is the first project in Al Furjan neighbourhood, which …

Posted on 01/08/2023

Dubai strengthens its position as global finance and innovation hub

The Dubai International Financial Centre (DIFC) witnessed exceptional growth in the first half of 2023, with 661 new entities registering during the period in the centre, an impressive double-digit …

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