Tag: hedge fund

IPO activity could improve with the inclusion of GCC markets in global gauges and regulatory changes, it added. EGA, the UAE’s biggest industrial company outside the oil and gas sector, said in Septem…
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Isabelle Jones made the mistake of clicking on a link in an email claiming to be from her bank. “It asked me to change my password and it looked very legit and I was busy, so I didn’t pay attention,” …
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another Dubai-based company, garnered $25 million from its IPO on London’s Alternative Investment Market. During the year however, the Dubai Financial Market witnessed two dual listings from Egypt’s N…
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Technology advances and services have to advance with them to stay ahead of the curve. Banking in the UAE is no different. In 2017, Google conducted its Connected Consumer Survey which proved the UAE …
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Financial confidence soared in the fourth quarter of 2018 after residents adjusted their budgets to factor in the effects of VAT and high summer spending, a study from UAE financial comparison site ya…
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The government riding a wave of momentum after having secured a $6.2 billion financial aid package from the United Arab Emirates (UAE), is dilly-dallying on a potential International Monetary Fund (IM…
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Dubai-based fintech e-Mal has officially inaugurated its full-fledged digital financial platform that aims to revolutionise the way individuals and businesses transact to make payments, micro-lending …
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But as significant as these factors are, some things – such as London and the UK’s inherent strengths in global finance, our ability to innovate and our willingness to collaborate with Gulf nations su…
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received a full operating licence in November following a phase in the Dubai International Financial Centre’s sandbox. The company, which has around 2,700 registered users, is now looking to reach an …
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For the first full week of the new year, the Dubai Financial Market General Index (DFMGI) advanced by 19.63 or 0.79 per cent to close at 2,545.65. There were 22 advancing issues and 15 declining …
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$3.2 billion each of oil supplies on credit as well as $3 billion in cash deposits were provided by both the Kingdom of Saudi Arabia and the UAE, along with $1.2 billion trade finance from the …
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Advertising The finance minister said he was meeting with businessmen in … “The impact of these investment agreements will become known from next week,” he said. Pakistan and the UAE finalised the t…
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Listed on the Dubai Financial Market and based in the UAE, Aramex is centrally located at the crossroads between East and West, which allows it to provide customised logistics solutions anywhere …
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Mashreq Bank, a leading financial institution in the UAE, has rolled out a service that allows customers to instantly add their credit cards to Samsung Pay via Snapp, enabling them to make easy, fast …
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Smaller banks in the United Arab Emirates are facing regulatory pressure to merge after the fallout from a property downturn forced the state to lead a bailout of Invest Bank last month.
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First Abu Dhabi Bank, the largest bank in the United Arab Emirates, said on Facebook it is working to repay customers wrongly charged Dh175 ($47.7) on their accounts. The bank’s customers had complain…
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DUBAI: A flurry of announcements from Saudi Arabia’s energy … Al-Falih also updated global markets on plans for an initial public offering (IPO) of Aramco shares, scheduled for 2021, assuming market…
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