Tag: hedge fund

How can someone holding one of the most senior management roles at NMC get on this flight?” said one member of the staff at the Abu Dhabi headquartered hospital operator. “ …
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Stocks in Dubai dropped the most in a week amid mixed share trading across the Middle East and Gulf region.The DFM General Index retreated more than 2% while the main gauge in Qatar advanced 1.2%.
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The overall financial services sector was the third largest sectoral contributor to Dubai’s real GDP in 2018, generating Dh40.4 billion and representing 10.3 per cent of its tot …
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UAE launched a new initiative to create a unified global legal and legislative framework for the Islamic finance sector. This was announced by Sheikh Hamdan bin Rashid Al Maktoum, Minister of Finance …
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Backed by diversified revenue streams, a resilient net interest margin and sustained profitability, Medicinos Bankas has healthy fundamentals with deposit portfolio at US$334 million. Nitin Shelke, …
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UAE-based Growmore Group has bought Medicinos Bankas, Lithuania’s leading retail bank with assets of $395 million. The acquisitions marks the expansion of the global investment and financial services …
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Sheikh Hamdan bin Rashid Al Maktoum, Minister of Finance and Governor of the Islamic Development Bank for the United Arab Emirates, on May 6, announced the launch of a new initiative to create a …
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The UAE has launched an initiative to create a unified global legal and legislative framework for the Islamic finance sector that will enable the Islamic economy to expand its reach and implement …
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Muscat: The Oman crude for July delivery was traded at Dubai Mercantile Exchange for $30.05 per barrel … Reflecting hopes that the oil industry may have passed the worst of coronavirus-induced …
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The free app is a combination of the Stay Home and Trace Covid apps previously launched by the Department of Health An app has been launched by the Departments of Health in Abu Dhabi and Dubai to …
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Dubai International Capital, the state-backed investment fund, is set to buy a 9.9 per cent stake in Och-Ziff Capital Management, the American hedge fund. Och-Ziff yesterday agreed to sell the …
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Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and Governor of the Islamic Development Bank for the United Arab Emirates, announced the launch of the new initiative …
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Dubai property developer Nakheel has slashed salaries by as much as 50% as it tries to weather the coronavirus crisis, according to an internal email seen by Reuters, and its chief executive resigned …
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Cairo – Mubasher: The Egyptian Exchange (EGX) raised $2.2 billion from 23 initial public offerings (IPO) over the last decade, PwC said in its latest report: “Africa Capital Markets Watch 2019.” …
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I paid an annual fee of Dh1,500 but the bank blocked my credit card for no reason…” Dubai: Foreign investors remain squeamish about taking an exposure in UAE stocks, with March seeing a record …
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The UAE’s banking sector remains strong and resilient despite several challenges posed by global economic developments last year, according to the 2019 annual report of the Central Bank of UAE (CBUAE) …
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The strength and resilience of the banking sector will be tested, and the CBUAE shall continue to play its role in terms of guiding the banking sector through this period, with …
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