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Tag: hedge fund

Posted on 17/06/2019

UAE, Hong Kong sign agreement on mutual promotion, protection of investments

The Ministry of Finance (MoF), today, signed an agreement to encourage and protect investments between the UAE and the Government of Hong Kong Special Administrative Region, as part of the ministry’s …
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Posted on 17/06/2019

UAE- DFM roadshow in New York attracts 21 new institutions

(MENAFN – Khaleej Times) The Dubai Financial Market (DFM) International Investors Roadshow in New York 2019 has witnessed significant participation from international investment institutions. …
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Posted on 17/06/2019

UAE’s banking shares have more to gain

Dubai: The best-performing banking stocks in the UAE still have lots of room on the upside. First Abu Dhabi Bank (FAB) shares have gained 5.53 per cent in the year so far, on top of a 37 per cent …
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Posted on 17/06/2019

UAE- Bank branches will go down, but won’t totally disappear

(MENAFN – Khaleej Times) There is a massive emergence of fintech firms that will disrupt the banking industry, but they have to partner with big enterprises to get customers, speakers said at a …
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Posted on 16/06/2019

UAE- Al Tayer meets Luxembourg’s Finance Minister

LUXEMBOURG, 16th June, 2019 (WAM) — Obaid bin Humaid Al Tayer, Minister of State for Financial Affairs, recently held a meeting with his counterpart Pierre Gramegna, Luxembourg’s Minister of Finance. …
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Posted on 16/06/2019

Saudi Arabia’s crown prince says Aramco IPO on track

Saudi Arabia will be selling shares in Aramco, the world’s largest oil producer, through an IPO, but only at the right time, Crown Prince Mohammad bin Salman has said. “We are committed to the IPO of …
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Posted on 16/06/2019

Obaid Humaid Al Tayer meets Luxembourg’s Minister of Finance

The Duchy of Luxembourg confirms participation in Expo 2020 Agreement reached on enhancing cooperation in Islamic Banking and (FinTech) Invitation extended to the UAE to visit the Luxembourg House of …
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Posted on 16/06/2019

Dubai Financial Market : business confidence at a 52-week high

Dubai: Businesses operating in Dubai’s wholesale and retail sector recorded the sharpest improvement in confidence, helped by new orders, as did the travel and tourism sector. This helped overall …
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Posted on 16/06/2019

Al Tayer meets Cyprus Minister of Finance

The meeting was held during a visit by a UAE Ministry of Finance, MoF, delegation to Luxembourg. During the meeting, the two parties discussed means of enhancing cooperation and strategic …
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Posted on 16/06/2019

UAE- DIFC’s new employment law to address key issues

(MENAFN – Khaleej Times) A new Employment Law for the Dubai International Financial Centre (DIFC) has been approved which would address key issues such as paternity leave, sick pay and end-of …
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Posted on 16/06/2019

UAE- Finance professionals in the Middle East must be aware of cyber security risks, as this continues to increase in the region

Not a day goes by without a breaking news story about data breaches or personal data theft from large organisations. Cyber-crime is one of the biggest risks to businesses to date and globally its …
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Posted on 16/06/2019

UAE enhances cooperation with Cyprus and Belgium

The Kingdom of Belgium also commends the cooperation and partnership with the UAE. Obaid Humaid Al Tayer also met with Alexander De Croo, Minister of Finance of the Kingdom of Belgium. As part of the …
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Posted on 15/06/2019

UAE- Al Tayer meets Cyprus Minister of Finance

(MENAFN – Emirates News Agency (WAM)) LUXEMBOURG, 15th June, 2019 (WAM) — Obaid bin Humaid Al Tayer, Minister of State for Financial Affairs, met with his counterpart Harris Georgiades, Minister …
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Posted on 14/06/2019

UAE to strengthen ties with Italy

Following the UAE Ministry of Finance’s efforts to strengthen cooperation with EU member states, Obaid Humaid Al Tayer, Minister of State for Financial Affairs met with Giovanni Tria, Minister of …
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Posted on 14/06/2019

Dubai resident fights Denmark over £1.5 bn tax fraud allegations

This month three former employees from Mr Shah’s UK hedge fund Solo Capital filed denials of wrongdoing with the High Court. Anupe Dhorajiwala, chief operating officer of Solo Capital’s Dubai unit; …
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Posted on 13/06/2019

Amazon’s E-commerce Presence Expands With Prime Launch in UAE

In order to strengthen presence in the Arabian Peninsula, Amazon AMZN has rolled out Prime services in the United Arab Emirates (UAE). The company expanded e-commerce operations in the UAE just a …
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Posted on 13/06/2019

Mashreq Bank and Newgen Software Bag the Best Process Automation Initiative Awards, 2019

DUBAI, UAE, June 13, 2019 /PRNewswire/ — Mashreq Bank, one of the leading financial institutions in the UAE, and Newgen Software were awarded the Best Process Automation Initiative in the Middle …
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