Tag: hedge fund

Business confidence in the UAE and Saudi Arabia dipped ahead of the launch of VAT due to concerns over increased consumer costs, according to a new survey. The survey of global CFOs and finance professionals conducted by the Association of Chartered ... ( read original story ...)

Dubai – Mubasher: Firms’ annual financial results and subsequent dividend distributions are likely to act as the main market-boosting catalyst to the UAE bourses’ liquidity. The Emirati banks’ financial results, which were announced over the past ... ( read original story ...)

The UAE Ministry of Finance welcomed the European Union’s decision to remove the UAE from its list of uncooperative tax havens, in recognition of the transparent procedures the Emirates has been adhering to—and will continue to do so—locally and ... ( read original story ...)

The UAE Ministry of Finance has welcomed the European Union’s decision to remove the UAE from its list of uncooperative tax havens, in recognition of the transparent procedures the Emirates has been adhering to locally and internationally. Younis Haji Al ... ( read original story ...)

Commercial Bank International (CBI), a UAE bank headquartered in Dubai, announced the appointment of Shaker Zainal as the head of retail banking. A seasoned Emirati banking executive with almost 20 years of experience in retail banking across the Middle ... ( read original story ...)

Demand for business loans in the UAE increased marginally in the fourth quarter of last year, mainly because of stronger demand in Dubai, while total demand for personal loans was flat, a central bank survey showed on Tuesday. The net balance measure for ... ( read original story ...)

Dubai investment bank Rasmala has acquired two logistics facilities in Germany for $185 million (€154 million), including Amazon's major new logistics centre in Dortmund. The Amazon centre, which spans 88,000 sq.m, was acquired for $145 million. ( read original story ...)

COMMERCIAL Bank International (CBI), a UAE bank headquartered in Dubai, announced the appointment of Shaker Zainal as the head of retail banking. A seasoned Emirati banking executive with almost 20 years of experience in retail banking across the Middle ... ( read original story ...)

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, was recognized as the Fastest Growing Bank in the country at this year’s International Finance Magazine Awards. The awards ceremony took place at the Jumeirah Emirates Towers, on January 18 ... ( read original story ...)

The Dubai Islamic Economy Development Centre (DIEDC) has enrolled as an observer member of the Responsible Finance & Investment (RFI) Foundation, signalling the rising stature of Islamic finance among the world’s responsible finance systems. Under the ... ( read original story ...)