Tag: hedge fund

Lyft, like Uber, filed for its IPO last December, but the government shutdown delayed … and in 2016 invested $350 million in Careem, a Dubai-based ride sharer. Lyft claims to be the biggest operator …
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However, he predicted another fairly quiet year for the IPO market, citing “very, very low” levels of liquidity on many local stock exchanges. Data from Bahrain-based investment bank SICO shows that a…
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It is a Saturday, but instead of spending the day at the mall or beach, groups of 8 to 11-year-olds and teenagers are huddled in an office in Dubai’s Business Bay learning about personal finance. Topi…
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After leaving banking, they decided to create a solution that would help the trade finance and banking industry become more efficient and profitable. TradeAssets is supervised by the Dubai Multi Commo…
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Dubai: A federal lender in the UAE will be the first to utilise the country’s newly effective debt law by selling its first bond later this month, according to a senior government official.
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DUBAI: A federal lender in the United Arab Emirates (UAE) will be the first to utilize the country’s newly effective debt law by selling its first bond later this month, according to a senior governme…
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Emirates NBD, Dubai’s biggest bank, said gold and cash tops the list of its preferred asset investments this year, while emerging market equities are attractive in the long term. Well selected hedge f…
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UAE-based payments and foreign exchange firm Finablr, the parent company of UAE Exchange, will launch an initial public offering (IPO) next month, its founder and chairman said. “The Finablr IPO will …
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Dubai: Bank credit to the private sector has started to recover while higher oil revenues have also increased government deposits, further supporting the banking system’s liquidity and private …
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UAE Central Bank governor, and Ahmed Al Sayegh, minister of state and chairman of the Abu Dhabi Global Market.
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Dubai: Expatriates in the UAE have seen the cost of sending money home getting costlier recently, as service providers have increased remittance fees to as much as 9.75 per cent. Charges for …
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High-level positions in professions such as financial services fall short when it comes to diversity, particularly in terms of gender. Even though entry level gender parity is good, the proportion …
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The UAE’s overall debt-to-GDP ratio has dropped by 7.1 percentage points with all four sectors – household, non-financial corporates, government, and financial sector – reducing debt, according to a r…
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The Ministry of Finance (MoF) of the United Arab Emirates (UAE) will discuss the development of blockchain and digital assets in the country’s economy at the 7th World Government Summit.
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LONDON: Dubai Islamic Bank (DIB) on Wednesday marked the listing of a $750 million sukuk — or Islamic bond — on the Nasdaq Dubai exchange. Executives on Wednesday rang the opening bell at the exchange …
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Dubai Municipality has launched the third operational site of the Food Bank in Al Muhaisnah-2 in Dubai on Tuesday. Dawoud Al Hajri, director general of Dubai Municipality and deputy chairman of the UA…
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The UAE Food Bank collects surplus fresh and canned food which is then distributed to those in need, both in and outside of the UAE. The UAE Food bank is one of the country’s best humanitarian …
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