Tag: hedge fund

Dubai-based fintech startup Jingle Pay is bringing neobanking to the Middle East, starting with its home turf of the UAE.
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Abu Dhabi state fund Mubadala is in talks with Reliance Industries about investing around $1 billion in the Indian conglomerate’s Jio platforms, three sources told Reuters. NEW DELHI/DUBAI/HONG KONG, …
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The video clip shows a cop interrogating a person suspected of stealing bank account details and defrauding people. The man confesses to stealing bank account and credit card details from people …
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Driving Compliance Through Innovation, will be held in partnership with the Dubai International Financial Centre Authority (DIFCA) …
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The world has stopped but music hasn’t. That’s the tune Warner Music is singing to investors as it prepares to launch its delayed initial public offering in the next week or so. The label behind Lizzo …
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This year’s Forbes Global 2000 list saw the inclusion of 40 companies from the Arab world in the magazine’s ranking of the world’s top 2,000 companies, based on assets, profits, revenues, and market …
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The troubled hospital operator, which usually pays salaries by the 25th of every month, said in an internal email to employees on Monday that this month’s payroll processing will commence only on May …
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Recently, a committee was formed that includes representatives of the Central Bank of the UAE, the Ministries of Economy, Finance, Youth Affairs and Justice, in addition to the UAE Banks Federation, …
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According to information available, the current Pacific Controls management had lodged a complaint with Dubai Police that the finance manager (Narasimhan) and his team fraudulentl …
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Nearly half the restaurants and hotels surveyed by the Dubai Chamber and three-quarters of travel and tourism companies expect to go out of business in the next month alone.
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Subroto Som of Mashreq Bank discusses the goals of digital transformation at the bank, including enhancing its customer experience.
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United Arab Emirates banks are at risk from a spike in bad loans over the next one to two years as the oil-producing economy is hit by a “triple whammy” of a slump in oil prices, lower economic …
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Saudi Aramco has appointed Ashraf Ghazzawi as a new vice president of treasury effective June 1, an industry source said.
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Dubai Statistics Centre data showed that the annual general consumer price index fell by 3.34 per cent in April 2020 compared to the same period in 2019.
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Investment Corporation of Dubai (ICD), the principal investment arm of the emirate’s government, reported a 17 per cent increase in net profit for 2019 following a strong performance from investments …
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Dubai’s hotel occupancy has plummeted since the outbreak of the coronavirus and about 30% of workers in the industry will probably lose their jobs, according to research firm STR Global.
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The foreign assets exclude the apex bank’s Reserve Tranche Position and Special Drawing Rights holdings with the IMF.
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