Tag: hedge fund

The Central Bank of the UAE (CBUAE) is collaborating with SWIFT on an initiative to enhance the speed and transparency of cross-border payments. The CBUAE will be the first central bank globally to …
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Abu Dhabi National Oil Co. is close to hiring JPMorgan Chase & Co. and First Abu Dhabi Bank PJSC to help arrange the potential listing of its drilling business, according to people familiar with the …
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A number of Dubai government entities will undergo major restructuring as His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, in his capacity as Ruler of …
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Food delivery and aggregator Zomato last week filed for an initial public offering with the SEBI; Zomato’s largest shareholder InfoEdge will be divesting a part of its stake for Rs 750 crore through …
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The UAE-based Mubadala Investment Company has hired Bank of America and Morgan Stanley as advisors for a potential initial public offering (IPO) of satellite operator Yahsat, Bloomberg reported, …
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Dubai: The Dubai telco du has raised long-term debt finance of Dh3.76 billion from a group of banks to part fund its expansion and other requirements. The debt is split into a Dh1.98 billion five-year …
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HSBC thus becomes first bank in UAE to offer this green financing option Dubai: Corporate clients of HSBC’s UAE operations can now use their deposits for a greater purpose. The UK bank has launched …
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DUBAI: The US$2.2 trillion (RM9 trillion) global Islamic finance industry is expected to grow 10%-12% over 2021-2022 due to increased Islamic bond …
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DUBAI: Most major stock markets in the Gulf closed higher on Monday, with the Dubai index outperforming the region …
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The $2.2 trillion global Islamic finance industry is expected to grow 10%-12% over 2021-2022 due to increased Islamic bond issuance and a modest economic recovery in the main Islamic finance markets, …
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BitOasis has been granted a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM) and is currently working towards the …
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The global Islamic finance industry will grow by 10%-12% in 2021-2022 after slowing to 10.6% in 2020, said S&P Global Ratings in a new report, highlighting that the sector is on track to move toward …
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Abu Dhabi Securities Exchange picked up 0.3 per cent to 6,092 points in early Monday trades, with Abu Dhabi Islamic Bank the biggest gainer with 1.5 per cent after first-quarter profits more than …
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Five major global organisations, specialising in assessing competitiveness, have ranked the UAE among the top ten countries in the world in 28 competitiveness indexes related to finance and taxes.
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United Arab Emirates carrier flydubai swung to a loss of 712.6 million dirhams ($194 million) last year, hit by a plunge in passenger traffic as a result of the coronavirus pandemic, it said on Sunday …
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Abu Dhabi’s Mubadala Investment Co. has picked Bank of America Corp. and Morgan Stanley to advise on a potential initial public offering of satellite operator Yahsat, people familiar with the matter …
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Moven, a U.S.-based financial wellness platform provider, announced earlier this week it has formed a new partnership with UAE-based fintech solution consultancy, Centre Systems Group (CSG). the …
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