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Tag: hedge fund

Posted on 03/10/2022

UAE’s ADCB, shareholder exit Alexandria New Medical Center

In a separate statement, the medical company announced that shareholder Yasser Mohammed Ahmed Ali Barakat sold his 536,880 shares (3.44% stake) in Alexandria New Medical Center for EGP 26.30 million, …
( read original story …)


Posted on 03/10/2022

Dubai’s DGCX introduces new physical gold futures and spot gold contracts

These DGCX products provide traders and financial institutions the ability to use physical gold as collateral to access short-term lending …
( read original story …)


Posted on 03/10/2022

UAE: Gold prices inch up, but rate hike fears limit gains

Gold prices edged higher on Monday morning on a softer dollar, although central banks worldwide retained their aggressive monetary policies to tackle soari..
( read original story …)


Posted on 02/10/2022

Ease in pandemic restrictions: Dubai real estate set to pick up growth momentum

But this trend could change due to the rising cost of living, increasing mortgage rates, stronger US dollar, and anticipated new supply,” Tuaima told Khaleej Times. Latest data indicates that the …
( read original story …)


Posted on 02/10/2022

UAE: New service to let users pay bank-related judicial fees through mobile app

It will also allow residents to look for their own cases directly using the financial number of the case, thus providing an easy search mechanism …
( read original story …)


Posted on 01/10/2022

UAE’s Burjeel announces price range, subscription period for IPO

The price for the offering ranges between AED2.00 to AED2.45 per share, implying an equity value of $2.7 billion to $3.3 billion UAE’s Burjeel announces price range, subscription period for IPO Abu …
( read original story …)


Posted on 01/10/2022

Empower Plans Up to $700 Million Dubai IPO in November

It is set to be Dubai’s fourth privatization as part of the emirate’s plans to bolster its capital markets and its standing as a financial center. Details of the IPO such as size and timing are still …
( read original story …)


Posted on 30/09/2022

Mashreqbank leads Dubai index higher, Abu Dhabi falls

Dubai index closed higher on Friday, boosted by a 15% surge in lender Mashreqbank, while Abu Dhabi stocks slipped …
( read original story …)


Posted on 30/09/2022

UAE extends soft loan for power line, Z’bar housing

A power transmission line in Kagera Region and the construction of low cost housing for public employees in Zanzibar will be covered in a $420m soft loan (979.2bn/-) extended by the United Arab …
( read original story …)


Posted on 30/09/2022

UAE HH Shaikha Jawaher Khalifa Al Khalifa launches Green Aventurine Holding to support growth plans

The new company will help consolidate HH Shaikha Jawaher startups in the UAE, GCC, UK, Turkey, drive its future growth and solidify her mission and belief in empowering women. “Green Aventurine …
( read original story …)


Posted on 30/09/2022

Burjeel Holdings opens subscription period for IPO in UAE, announces price range

The opening of the subscription period for the offering commences on September 30 and will continue until Tuesday, October 4 …
( read original story …)


Posted on 30/09/2022

UAE: Burjeel Holdings sets IPO price range between Dh2 and Dh2.45 per share

Burjeel Holdings has announced that it will be offering approximately 550,729,221 shares, representing 11 per cent of issued share capital, in an Initial P..
( read original story …)


Posted on 30/09/2022

Burjeel Holdings Plc Announcement of Offer Price Range and Opening of Subscription Period for Initial Public Offering (IPO) In the UAE Only

Burjeel Holdings PLC (“Burjeel” or the “Company” and, together with its subsidiaries, the “Group”), is a leading MENA private healthcare services provid …
( read original story …)


Posted on 30/09/2022

UAE’s ADCB sells entire stake in Alexandria Medical to consortium

Last year, another consortium, TAT for Medical Services, had submitted the binding offer to acquire the bank’s stake through a MTO for up to 100% of Alexandria Medical Services’ shares at a total …
( read original story …)


Posted on 30/09/2022

UAE one of the quickest economies to reach its pre-pandemic levels: World Bank regional director

The UAE has consolidated its position as one of the quickest economies to reach its pre-pandemic levels among GCC peers, said Issam Abousleiman, Country Director of the GCC Countries, Middle East and …
( read original story …)


Posted on 30/09/2022

AlfCoin Establishes Itself as a Exclusive Hedge Fund Cryptocurrency in The Industry.

ALFCOIN’s main purpose is to fill the gap between cryptocurrency and asset trading. Up until now the crypto world and classic financial markets were separated but through AlfCoin we have a chance to …
( read original story …)


Posted on 29/09/2022

EFG Hermes serves as joint bookrunner on Salik IPO

The issuance offers investors access to a capital efficient, world class toll-gate operator, with a robust track record, in one of the fastest growing cities in the …
( read original story …)


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