Tag: hedge fund

Jan 24 (Reuters) – Stock markets in the Gulf were up on Wednesday in early trade amid rising oil prices and robust corporate earnings, with the Dubai index outperforming its peers. Oil prices, a …

The bank also announced a 43% rise in total income to $5.45 billion, up 43 per cent compared to last year; Proposes a dividend of 45% …

UAE Gen Z are ‘doom spending’, a word personal finance experts … or other global crises such as financial or banking — then one might as well enjoy the present without much regard for future …

Dubai Islamic Bank (DIB), the biggest Islamic lender in the UAE, saw its net profit for the full year 2023 rise to its highest level, supported by higher non-funded income and lower impairment charges …

The size of UAE outstanding debt capital market (DCM) rose 10 per cent year-on-year, a new report showed.According to Fitch Ratings’ UAE Debt Capital Markets Dashboard: 2024, the figure rose to $270 …

In collaboration with the Dubai Government’s Finance Department, Dubai Customs has automated notifications for customs-imported transactions subject to tax between government entities. This initiative …

DUBAI: Dubai Islamic Bank today announced its results for the period ending December 31, 2023 and reported a robust rise in total income by 43% YoY to AED20 billion. Net profit of AED 7 billion, a …

“UAE sukuk issuers’ credit profiles are predominantly stable, with 96.5% of the sukuk being investment grade and 92% on stable outlook, with the balance on positive outlook,” said Bashar Al Natoor, …

Dubai Islamic Bank, the UAE’s biggest Sharia-compliant lender by assets, reported a 24.1 per cent increase in 2023 fiscal net profit, driven by rising non-funded income and lower impairment charges.

Dubai Islamic Bank, the largest Islamic bank in the UAE, has announced that its group net profit for FY 2023 came in at AED7.01 billion ($1.9 billion), up 26% y-o-y compared to AED5.5 billion ($1.49 …

Dubai Islamic Bank, the largest Islamic bank in the UAE, on Tuesday announced that its net profit rose 26 per cent to Dh7.01 billion for the period ending ..

Dubai: Dubai Islamic Bank (DFM: DIB), the largest Islamic bank in the UAE, today announced its results for the period ending December 31, 2023. Established in 1975, Dubai Islamic Bank is the largest …

Deutsche Bank said it is hiring Jamal Al Kishi to be CEO, Middle East & Africa, and vice chairman of Origination & Advisory, Middle East & Africa as the lender looks to hone its focus on the region.

Dubai’s real estate market recorded 510 sales transactions worth AED1.36 billion on Tuesday, in addition to 210 mortgage deals totalling AED1.95 billion, and 30 gift deals amounting to AED165.56 …

Deutsche Bank AG appointed Jamal Al Kishi for a second stint as chief executive officer for the Middle East and Africa, four years after the seasoned executive left to lead a regional bank.

Dubai-listed developer Deyaar saw its net profit triple in 2023 on the back of strong property sales, according to a bourse filing on Monday. The company’s net profit for the full year ending December …

where the residential property sector is skyrocketing – the real estate market in Dubai experienced record-breaking years in 2022 and 2023. Besides holding shares, bank accounts, luxury items, and …