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Tag: hedge fund

Posted on 06/07/2020

Sheikh Khalifa approves new UAE government structure

The new structure includes the closure of 50 per cent of government services centres and their transformation into digital platforms within two years.
( read original story …)


Posted on 06/07/2020

UAE President approves new government structure

The new structure includes the closure of 50 per cent of government services centres and their transformation into digital platforms within two years.
( read original story …)


Posted on 05/07/2020

Beware of fraudsters lurking on dating sites, Dubai Police warn

The Dubai Police had last week busted 40 gangs that allegedly committed … including mobile phones, money and bank cards. They would confine the victim to a place until they used the bank cards and …
( read original story …)


Posted on 05/07/2020

UAE orders government shake-up as virus erodes economic gains

Ministries of energy and infrastructure will be merged and also oversee national housing program, in series of moves aimed at creating more flexible and modern bureaucracy …
( read original story …)


Posted on 05/07/2020

Deem Finance adds second branch, plans two more in UAE

But even here, digital-focussed entity will focus on paperless transactions with clients Dubai: Deem Finance, a digitally-led financial services provider, has opened a second branch, this one at …
( read original story …)


Posted on 05/07/2020

Digital Financial Services Partners With MoneyGram to Offer Ewallet Services in UAE

Digital Financial Services LLC, a joint venture of Etisalat and Noor Bank, acquired earlier this year by Dubai Islamic Bank, has partnered with MoneyGra …
( read original story …)


Posted on 05/07/2020

Sheikh Mohammed reshuffles UAE cabinet, merges ministries, creates new entitites

Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai Sheikh … Chairman of the Emirates Development Bank to play a more developmental role.
( read original story …)


Posted on 05/07/2020

Dubai Police warn residents not to fall prey to fake dating websites

The Dubai Police had last week busted 40 gangs that allegedly committed … including mobile phones, money and bank cards. They would confine the victim to a place until they used the bank cards and …
( read original story …)


Posted on 05/07/2020

ADIB records surge in demand for digital banking services

These statistics indicate a fundamental shift in customer behavior, and an increase in demand for a convenient and contactless banking experience …
( read original story …)


Posted on 05/07/2020

UAE Restructures Government, Merges 50% of Federal Agencies

The United Arab Emirates announced changes to its government structure, including reducing federal agencies by 50%, as the Gulf nation seeks to prepare itself for the challenges created by the …
( read original story …)


Posted on 05/07/2020

UAE Non-Oil Private Sector Jumps Back to Growth in June – PMI

“At 50.4 in June, the UAE PMI signalled the first stage of recovery in the non-oil private sector. More firms are now seeing an increase in activity as opposed to a decline, while …
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Posted on 04/07/2020

GCC IPO market could recover in H2

The GCC is expected to see a modest recovery in initial public offerings (IPOs) in the second half of 2020 after registering just two IPOs …
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Posted on 04/07/2020

UAE adopts new government structure, full announcement to come on Sunday

The United Arab Emirates has adopted a new government structure, involving the merger of ministries and agencies, the country’s vice president said on Saturday, adding that the full announcement would …
( read original story …)


Posted on 04/07/2020

Dubai witnesses 83% growth in Trader licences issued in first half of 2020

The report also showed that the total number of DED Trader licences issued in June has reached 577 licences, an increase of 163 per cent compared to June 2019, when 219 licences were issued. This …
( read original story …)


Posted on 04/07/2020

Gold gearing up for a break

DUBAI — Commodity markets … the recent dollar weakness and lower real yields have all helped drive a reduction in speculative longs held by hedge funds in the futures market. Since the February peak …
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Posted on 04/07/2020

Crazy Rich Kids: The exciting life of Ghana’s rich and famous on social media

There’s a new wave of rich kids on the social media space in Ghana showing the world their wealth, connections, and good life vigorously. A growing number of young Ghanaians have become social media …
( read original story …)


Posted on 04/07/2020

Why owning a property should still be your first investment objective

Buying a house in a depressed market with lower than average prices is the surest way to improve your return on residential property … Peter Cooper Well, I have saved 35 years of rent for a start, or …
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