Tag: hedge fund

The United Arab Emirates has borne the brunt of retaliatory strikes launched by Iran against Gulf states since the US and Israel began extensive air strikes against the country in late February, …

A suspected Iranian drone struck Dubai International Financial Centre on Friday, triggering loud explosions and thick smoke over the city.

Citibank will close most of its United Arab Emirates branches and financial ‌centres through March 14 as a precaution, its website showed on Thursday, as banks in the region sent staff home in …

Explosions shook buildings in Dubai on Friday, sending a large plume of smoke over the central area of the Middle East’s financial hub, marking day 14 of the conflict between the United States-Israel, …

Explosions rocked central Dubai on Friday, shaking buildings and sending a large plume of smoke into the sky. The powerful blasts were felt inside nearby structures, with a significant cloud of smoke …

Iran conflict, with major UAE and Middle East oil field shutdowns impacting cash flow …

UAE banks have built substantial capital buffers and improved provisioning practices, which have strengthened balance sheets following the pandemic and previous economic cycles …

Construction and engineering company Alec Holdings is looking to raise as much as Dh1.4 billion ($381 million) from the sale of a 20 per cent stake through an initial public offering on the Dubai …

International and local banks across the Gulf region have closed branches and told staff to work from home after debris from an Iranian drone hit a building on the outskirts of the Dubai International …

Employers maintain hiring plans for 2026 while prioritising essential roles in technology, finance and operations as the UAE job market slows but does not stop …

A high-rise building in Dubai was seen with a large hole in its facade on Thursday morning after authorities reported that a drone had fallen onto the structure. Officials have not yet confirmed where …

The British bank said it has simply extended a precautionary work-from-home arrangement that was implemented last week …

Citigroup and Standard Chartered have begun evacuating their Dubai offices, telling staff ‌to work from home instead, sources said on Wednesday, as banks step up precautions after Iran threatened Gulf …

Citigroup and Standard Chartered evacuate Dubai offices as banks activate plans following Iran threats to Gulf financial interests.

A prominent British bank, Standard Chartered, has started evacuating staff from its Dubai offices due to threats from Iran against US- and Israeli-affiliated banks in the region.

Damas International, the global jeweler and watch retailer, announced on Wedneday plans to list a 28 percent stake in the company on the Dubai International Financial Exchange (DIFX) to fund expansion …

DE Shaw, the world’s fourth largest hedge fund, is opening in Dubai to tap public and private opportunities in the world’s largest oil exporting region and ease Gulf Arab investors moves into overseas …