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Tag: hedge fund

Posted on 18/02/2019

Is it time to sell the rallies on Dubai, Abu Dhabi stock markets?

The Dubai Financial Market general index 0.64 per cent higher on Sunday at 2,549.93, after rising 2.62 per cent in the last three sessions. Traded volume hit 200 million shares, the highest volume …
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Posted on 18/02/2019

Emirates NBD ‘top banking brand with $4bn value’

Emirates NBD, a leading bank in the region, today announced its position as the UAE’s most valuable banking brand with a $4.04 billion brand valuation in The Banker’s annual brand valuation league tab…
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Posted on 18/02/2019

UAE announces new international weapons deals as Middle East military spending soars

The United Arab Emirates announced about $1.35 billion in defense deals with local and international companies on the opening day of IDEX 2019, the International Defence Exhibition and Conference, in …
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Posted on 18/02/2019

Emirates NBD ranked UAE’s top banking brand

Dubai:Emirates NBD, a leading bank in the region, today announced its position as the UAE’s most valuable banking brand with a USD 4.04 billion brand valuation in The Banker’s annual brand valuation l…
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Posted on 17/02/2019

Dubai Financial Market gives real-time information on foreign ownership limit of listed firms

Dubai: The Dubai Financial Market said on Sunday it will give real-time data on the enhanced Foreign Ownership Limit (FOL) of listed companies on the bourse. The DFM will update the info in terms …
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Posted on 17/02/2019

What the UAE’s new life insurance regulations mean

Sean Kelleher, the chief executive of Mondial, a SCA-licensed financial advisory, says some investors end up confused because there are a number of different regulators in the UAE’s financial services …
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Posted on 15/02/2019

The Rise of Islamic Finance on China’s Belt and Road

particularly the United Arab Emirates (UAE), has become one of the most prominent Islamic financial centers in the world and in recent years has made important strides toward becoming the capital …
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Posted on 15/02/2019

Dubai digital bank is first to launch smartphone insurance plan

UAE mobile phone owners can now enjoy protection for their devices with a new mobile insurance plan from Liv., the lifestyle digital bank by Emirates NBD. A first in the UAE, Liv.’s Mobile Insurance, …
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Posted on 15/02/2019

JPMorgan, Goldman-Backed Payments Co Finablr Eyes IPO

However, we don’t know the size of the IPO. We expect a very good response because we have a very good track record,” Finablr Founder and Chairman B.R. Shetty said at a conference in Dubai. Goldman Sa…
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Posted on 14/02/2019

United Arab Emirates-India: How fostering strong economic links can help both nations

the vision of its leaders made Dubai the now undisputed regional hub in the region as far as business (such as in sectors like tech, financial services, and general having regional MENA multinational …
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Posted on 14/02/2019

deVere acquires UAE-based wealth adviser, Prosperity

One of the world’s largest independent financial advisory organisations is continuing its “ambitious vertical and horizontal growth strategy” with the acquisition of Prosperity, a UAE-based IFA firm. …
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Posted on 14/02/2019

Samsung Pay expands UAE presence with five exclusive institutions partnerships

… the mobile payment experience across the UAE by partnering with Abu Dhabi Commercial Bank (Debit Cards), Dubai Islamic Bank, Finance House, MAF Najm Cards and Noor Bank and to enable their custome…
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Posted on 14/02/2019

UAE- DAMAC Properties announces 2018 preliminary financial results

DUBAI, 14th February, 2019 (WAM) — DAMAC Properties today announced preliminary financial results for the year ended December 2018. DAMAC reported a total revenue of AED6.1 billion, while net …
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Posted on 14/02/2019

Samsung Pay signs 5 new partnerships in UAE

Samsung has partnered with Abu Dhabi Commercial Bank (Debit Cards), Dubai Islamic Bank, Finance House, MAF Najm Cards and Noor Bank and to enable their customers access to the digital payment and digi…
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Posted on 14/02/2019

Zayed University Dubai opens largest Bloomberg Finance Lab in ME

Zayed University, one of the UAE’s top universities, and Bloomberg, the global financial information and technology company, today announced the opening of the Bloomberg Finance Lab at the university’ …
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Posted on 14/02/2019

Finance Manager – Michael Page International (UAE) Limited – Dubai Jobs

The Finance Manager has responsibility for all aspects of financial reporting, controls and collections for the Middle East business. They will manage the back office transactions to ensure timely and …
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Posted on 14/02/2019

Noor Bank 2018 profit jumps 62%

Noor Bank, a Shariah-compliant bank in the UAE, on Wednesday said its 2018 net profit jumped 62 per cent to Dh601 million as compared to Dh371 million in the previous year on the back of strong growth …
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