Tag: hedge fund

As the dust settles following the announcement by the UAE’s Ministry of Finance that a federal corporate tax will be introduced, the onus is on businesses in the UAE to ensure they are tax ready …
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First Abu Dhabi Bank , the UAE’s biggest lender, is in talks to buy Egyptian bank EFG Hermes , which has a market value of over $970 million, two sources with knowledge of the matter said.
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“My first job in Dubai was at a swimming pool construction … And if you need to take a bank loan for whatever reason, repaying that should be your priority. It was basically to reduce …
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DUBAI (Reuters) – Abu Dhabi-based crypto trading … it at $400 million as it eyes an eventual initial public offering (IPO), its chief executive officer said. Hayvn, which raised $5 million …
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DUBAI, UNITED ARAB EMIRATES / ACCESSWIRE / February 9, 2022 / The contemporary world, in which we live, is evolving at an accelerated pace. Deficiencies …
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First Abu Dhabi Bank PJSC made an offer to buy a majority stake in EFG Hermes, in what’s likely to be the biggest acquisition yet in Egypt by the UAE’s largest lender.Most Read from BloombergAmazon Is …
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The United Arab Emirates said a blast that rocked the capital overnight was caused by an exploding gas cylinder and warned the public not to spread rumors amid heightened fears following a series of …
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Commercial Bank of Dubai (CBD) one of the leading banks in the UAE has approved a debt financing deal with Postpay, a omni-channel …
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Investor demand was strong with an orderbook that was more than 2.5 times oversubscribed Dubai Islamic Bank (DIB) priced its $750 million 5-year sukuk issue with a profit rate of 2.74 per cent per …
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I have been living in the UAE for the past seven years and lost my job in 2021. I haven’t been able to find another one and my savings are almost gone. I have cut down on my day-to-day living expenses …
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While the UAE represents a tiny proportion of this huge global sum, Sheikh Abdullah said “illicit finance poses a threat to the UAE’s international reputation and to the integrity of our world-leading …
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Commenting on the IPO market in 2022, he said Dubai authorities are now focused on improving market breadth and liquidity with a market maker fund and a Dh1 billion fund to encourage technology …
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DUBAI, UNITED ARAB EMIRATES / ACCESSWIRE / February 8, 2022 / There has been a clear understanding of the negative impact that the recent pandemic has engendered on major sectors such as finance, real …
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DUBAI, 8th February, 2022 (WAM) — The UAE, represented by the Ministry of Finance (MoF), signed an agreement to promote and protect mutual investments with the Republic of Mozambique. The …
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Bank upgraded credit card without my permission … Dear Reader, This section is about Living in UAE and essential information you cannot live without. Register to read and get full access to …
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(MENAFN) Shuaa Capital, located in Dubai, presented a request along with the American market watchdog to roll out the initial public offering of one of its three prepared USD200 million …
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Maurice Gravier, chief investment officer at Dubai’s largest bank … as well as debt from emerging markets, and importantly hedge-funds, with asymmetrical risk/return profiles. “We reiterate that …
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