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Tag: hedge fund

Posted on 09/12/2020

China’s Covid vaccine from Sinopharm is 86% effective, UAE says

“The announcement is a significant vote of confidence by the UAE’s health authorities in the safety and efficacy of this vaccine,” the UAE’s Health Ministry said Wednesday. The Phase 3 trials …
( read original story …)


Posted on 08/12/2020

DC Finance Announces First of its Kind United Arab Emirates Family Office and (Israeli) Technology Focused Sessions and Conference

DC Finance, the international community and curator of events for high net worth individuals, family offices, and investors, announced today that it will host the first family office and investor …
( read original story …)


Posted on 08/12/2020

Dubai-based GIFS allocates $1B for projects identified by ABiQ

Dubai based investment bank Global Islamic Financial Services (GIFS) will allocate $1B to fund projects identified by ABiQ Business Intelligence (ABiQ), global business intelligence firm. Business …
( read original story …)


Posted on 08/12/2020

Dubai investment bank allocates $1bn for Middle East, Africa construction projects

A Dubai-based investment bank has allocated $1 billion to finance active construction projects across the Middle East and Africa. Under a memorandum of understanding with ABiQ Business Intelligence …
( read original story …)


Posted on 08/12/2020

Dubai launches online payments platform for ‘under-banked’ merchants

Dubai has launched a payment platform that will bring on board ‘under-banked’ merchants or even those who don’t have such banking facilities. They will now be able to engage in cashless transactions …
( read original story …)


Posted on 08/12/2020

Europe’s supply chain finance fix feeds hidden debt fears

European companies hit by the coronavirus crisis are increasingly turning to a complex financial tool to pay suppliers, raising investor concerns around “hidden” debt.
( read original story …)


Posted on 08/12/2020

TRA foils 821,028 cyberattacks in the UAE

The Telecommunications Regulatory Authority (TRA) has foiled 821,028 cyberattacks in the UAE till November, Emarat Al Youm, an Arabic newspaper reported on Tuesday. The TRA said that the cyberattacks …
( read original story …)


Posted on 08/12/2020

Sprii creditors warned they may face long wait to get their money back

Dubai-based lawyer says liquidation of online shopping platform may be a long process with no guarantee of retrieving funds …
( read original story …)


Posted on 08/12/2020

UAE Eases Oil Supply Cut to Asia After OPEC+ Compromise Deal

The United Arab Emirates will provide Asian oil buyers with a little more crude next month after OPEC+ reached a compromise deal on cuts.
( read original story …)


Posted on 08/12/2020

Currency smuggling: Customs seeks MEA nod to interview UAE diplomats

The customs has sought permission from the Ministry of External Affairs (MEA) to ‘interview’ the consul-general and the attaché at the UAE consulate in Thiruvananthapuram to take forward the probe …
( read original story …)


Posted on 08/12/2020

Israel’s Honeymoon With the United Arab Emirates Is Grotesque

Since normalizing relations in September, Israel and the United Arab Emirates have teamed up to do what both do best: trample on democratic freedoms, commit atrocities, and whitewash occupation.
( read original story …)


Posted on 08/12/2020

Bank Hapoalim CEO optimistic about Israel UAE technological future

“We are learning quickly, we are thinking globally,” David Kotler, Bank Hapoalim’s CEO said, referring to to the mutual investments born out of the Abraham Accords.
( read original story …)


Posted on 07/12/2020

Sheikh Mansoor tours GITEX Technology Week, attends UAE-Israel Future Digital Economy Summit

UAE, Israel officials discuss potential collaboration across key sectors including AI, 5G, cybersecurity and healthcare.
( read original story …)


Posted on 07/12/2020

UAE stocks gain Dh16b as economy heads to recovery

The main indexes of Abu Dhabi and Dubai bourses were up 1.38 per cent and 2.57 per cent respectively on Sunday.
( read original story …)


Posted on 07/12/2020

UAE business reforms will create more jobs, 35% rise in foreign investments – top official

Dubai Economy’s director general Sami Al Qamzi said changes in the Commercial Companies Law will also give a fillip to the SME sector …
( read original story …)


Posted on 07/12/2020

UAE: Why have gold prices gone up again?

Gold prices have seen a rebound after falling to 5-month lows, in UAE and globally Dubai: After prices went … a former commodities hedge fund manager turned crypto investor, to Bloomberg.
( read original story …)


Posted on 07/12/2020

Bank Muscat and Newgen Software Win Award for the Best Lending Implementation in the Middle East

Bank Muscat, the leading financial services provider in the Sultanate, and Newgen Software were recognized for the ‘Best Lending Implementation in the Middle East’ at The Asian Banker Middle East and …
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