Tag: hedge fund

Qatar National Bank has closed the syndication for its dual-tranche $3.5 billion senior unsecured term loan, the Gulf’s biggest lender said on Monday.
( read original story …)

---

Since its creation in 2013, Atlas Mara had some high moments, but a string of bad moves has held it back. What went wrong?
( read original story …)

---

Etihad Airways, the national airline of the United Arab Emirates, announced Monday Direct flights on Etihad between the emirates’ capital of Abu Dhabi and Tel Aviv will begin March 28, giving …
( read original story …)

---

Bayt.com, the Middle East’s #1 job site, has recently conducted the Top Industries in the Middle East and North Africa 2020 survey in partnership with YouGov, global online market research company, in …
( read original story …)

---

Bank of Sharjah’s UAE operations reported an a net profit of Dh379 million for the nine-month period of 2020 comapred to Dh172 million in the same period last year. Image Credit: Supplied Dubai: Bank …
( read original story …)

---

DUBAI — Dubai Islamic Bank (DIB) has successfully priced a US$1 billion Perpetual Non-Call 5.5 years Additional Tier 1 Sukuk with a profit rate of 4.625 percent per annum. This transaction carries the …
( read original story …)

---

In August forex traders from the Middle East had the biggest deposits but Asian investors were close behind. Finance Magnates examines the latest data.
( read original story …)

---

UAE residents believe that a government or civil service job maintains the best work-life balance, followed by banking and finance, and oil/petrochemical sectors, according to a new survey. Conducted …
( read original story …)

---

Commercial Bank of Dubai, Allied Bank Limited Bahrain and United Bank Limited were mandated lead arrangers and bookrunners. The facility will further improve the South Asian country’s foreign exchange …
( read original story …)

---

The UAE’s behavior with respect to Iran is a symptom of a broader problem that involves gold smugglers, corruption, legal loopholes, an opaque real estate market, and criminally minded business elites …
( read original story …)

---

Bank ABC Islamic – today announces its financial results for the nine months ending 30 September 2020. Covid 19 continues to impact most of our clients across different geographies. The pandemic …
( read original story …)

---

More than 1,000 ministers, and senior federal and local government officials, held 11 consultative meetings to discuss the path for the economic environment and economic models and sectors for the …
( read original story …)

---

Abu Dhabi: The UAE lead the way as the strongest and most valuable brand in the Middle East and Africa, MENA, and ranked 18th globally at Dh2.45 trillion (US$672 billion), according to the latest …
( read original story …)

---

Dubai: Dubai Islamic Bank (DIB) priced a $1 billion perpetual non-call 5.5- year additional tier 1 (AT1) sukuk with a profit rate of 4.625 per cent per annum. This transaction carries the lowest ever …
( read original story …)

---

Dubai: Ministry of Finance on Saturday announced the launch of a reporting system for multinational entitiess (MNEs). The New MNE Notification and Reporting System is in accordance with UAE’s Cabinet …
( read original story …)

---

“It was the work of an EY Dubai assurance team that uncovered … At the end of last year, hedge fund Muddy Waters questioned the relationship between EY and NMC, pointing out that the board …
( read original story …)

---

Dubai Islamic Bank tightened the price guidance for U.S. dollar-denominated Additional Tier 1 sukuk, or Islamic bonds, to 4.75-4.875%, a document from one the banks arranging the deal showed …
( read original story …)

---