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Tag: hedge fund

Posted on 06/01/2021

Qatar’s biggest bank expects Gulf detente to boost companies, lenders

Qatari companies including banks are forecast to get a boost from a deal to end a more than three-year row between Doha and some Gulf states, which was announced by Crown Prince Mohammed bin Salman on …
( read original story …)


Posted on 06/01/2021

GB News seals £60m funding ahead of ‘boldly different’ launch

The latest addition to Britain’s array of 24-hour news channels is to begin recruiting more than 100 journalists after completing a £60m fundraising that it claims was significantly oversubscribed. GB …
( read original story …)


Posted on 06/01/2021

GB News seals £60m funding for ‘bold’ launch

The latest addition to Britain’s array of 24-hour news channels is to begin recruiting more than 100 journalists after completing a £60m fundraising that it claims was significantly oversubscribed.
( read original story …)


Posted on 06/01/2021

GB News reveals new investment and creation of 140 jobs

The new 24-hour news channel revealed Legatum and Sir Paul Marshall, founder of hedge fund Marshall Wace, have become its latest investors.
( read original story …)


Posted on 05/01/2021

UAE leads world in Islamic finance industry

The UAE has led the world in setting an international regulatory framework governing Islamic finance, according to a report by Global Finance Magazine. The report focused on the impact of the …
( read original story …)


Posted on 05/01/2021

Saudi, UAE Business Conditions Improve, Though Employment Falls

Business activity in the Arab world’s two largest economies improved at the end of last year, with Saudi Arabia seeing its strongest expansion in 13 months.
( read original story …)


Posted on 04/01/2021

MIDEAST STOCKS-Dubai leads gains as markets rise on higher oil

Major Gulf stock markets finished higher on Monday amid a surge in oil prices, with Dubai outperforming the region, led by property and banking stocks. Jan 4 (Reuters) – Major Gulf stock markets …
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Posted on 04/01/2021

Dubai stock market outperforms region amid surge in oil prices

An Emirati trader checks the stocks of Emaar Malls on the screen at the Dubai Financial Market in United Arab Emirates (AP). Major Gulf stock markets finished higher on Monday amid a surge in oil …
( read original story …)


Posted on 04/01/2021

Dubai Police arrest 97 criminals, prevent losses of Dh11.8 billion

The Dubai Police prevented the loss of billions of dirhams with the arrest of 97 “dangerous criminals” in 2020, the force has said. According to the Criminal Investigation Department’s statistical …
( read original story …)


Posted on 04/01/2021

Analysis: Forex Traders from UAE Keep Investing Large Sums

Finance Magnates examines November data. When Russian forex traders deposit most often, the greatest sum of money came from the United Arab Emirates.
( read original story …)


Posted on 04/01/2021

How Covid caused IPO fever on the Tel Aviv Stock Exchange

Companies now realize they can get better valuation on the stock market than in the private market,’ says TASE official after a record year for IPOs.
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Posted on 03/01/2021

Bounced cheques in UAE: Help! Criminal cases have been filed against me

The problem started when the cheques I signed on behalf of the company bounced. In 2018, I was arrested for the bounced cheque cases. I was released in October 2020, but was arrested again on November …
( read original story …)


Posted on 03/01/2021

Value of mortgage loans surges 79% in November: Saudi Central Bank

The total amount of mortgage loans provided by Saudi banks increased to SR15.27 billion ($4.07 billion) in November 2020, up 79 percent compared to the same month in 2019, according to the Saudi …
( read original story …)


Posted on 03/01/2021

JMR Infotech signs JV with UAE’s Seed Group to enhance digital transformation within the banking sector

JMR’s Genie de Banca digital platform will enable banks and financial institutions to automate and digitise their lending departments, develop new revenue channels, and present their customers with …
( read original story …)


Posted on 03/01/2021

2021 will be a turning point for UAE’s sedentary IPO market

The kingdom’s hot IPO market is set to continue rolling out companies primed … This brave spirit is perfectly epitomised in the launch of the Nasdaq Dubai Growth Market by His Highness Sheikh Hamdan …
( read original story …)


Posted on 03/01/2021

Emergency cash calls, tech IPO frenzy push 2020 banker fees to record high

Emergency corporate fundraising and a clamour for tech stock market listings pushed equity capital market volumes to over $1 trillion in 2020 and fees for investment bankers in the sector to a record …
( read original story …)


Posted on 03/01/2021

Alkhabeer Capital successfully concludes IPO of Alkhabeer Diversified Income Traded Fund

During the IPO period of 15 business days, the Fund has attracted more than 89,000 individuals and institutional investors, with a net subscription value of $126.08mln, as the coverage ratio exceeded …
( read original story …)


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