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Tag: hedge fund

Posted on 04/06/2019

Debt and aggressive credit card selling among top UAE consumer complaints, says Central Bank

The five top consumer complaints raised by banking customers in the Emirates relate to debt, delays, aggressive credit card selling, as well as bank account and remittance issues, according to the …
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Posted on 04/06/2019

Bank of Baroda: Ode to development

As recognition, Modi was recently awarded the Zayed Medal, the highest civilian honour by the UAE. The dirham-rupee boost In the banking sector, notably the finance arena, the leaders of both …
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Posted on 04/06/2019

Ex-Hedge Fund Workers Deny Role In $1.9B Danish Tax Fraud

The three former workers at Solo Capital Partners Ltd., a U.K. hedge fund run by the alleged architect of a $1.9 … Anupe Dhorajiwala, chief operating officer of Solo Capital’s Dubai-based unit, …
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Posted on 03/06/2019

Have you seen the new Dh100 bank note?

The Dh100 bank note was pushed into circulation by the UAE Central Bank in 2018, and has been recently spotted by residents. Image Credit: Supplied Dubai: Eid is coming right round the corner …
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Posted on 01/06/2019

UAE tops in GCC bank assets with $682B

(MENAFN – Khaleej Times) The UAE continues to boast the biggest share of total listed bank assets in the GCC at $682 billion or 31.3 per cent of the total GCC banking assets, a leading investment …
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Posted on 01/06/2019

UAE- Mashreq launches banking services on WhatsApp

(MENAFN – Khaleej Times) Mashreq Bank has launched banking services on WhatsApp, which will allow existing as well as potential customers to interact with the bank quickly and easily. This …
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Posted on 01/06/2019

UAE- How data and analytics can improve HR, finance collaboration

(MENAFN – Khaleej Times) Today’s talent economy is evolving faster than ever before with new generations entering the workforce and emerging technology driving growth across nearly every industry. …
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Posted on 01/06/2019

How the UAE is leading the way for green financing in the GCC

Additionally, GCC governments are laying the groundwork for a green finance sector to support sustainability targets. In October 2018, legislation came into force in the UAE that provides a …
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Posted on 01/06/2019

UAE first regionally, fifth globally in competitiveness

The UAE came first globally in Management Practices, second in International Trade, Productivity and Efficiency, Basic Infrastructure, Attitudes and Values and third globally in Public Finance and Tax …
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Posted on 01/06/2019

Revealed: the most sought-after jobs in the UAE

Robert Half UAE has revealed that analysts, developers and finance managers top the list of in-demand roles for 2019 as employers focus on digitalisation. According to its 2019 Salary Guide, over half …
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Posted on 31/05/2019

UAE tops in bank assets in GCC at $682b

The UAE continues to boast the biggest share of total listed bank assets in the GCC at $682 billion or 31.3 per cent of the total GCC banking assets, a leading investment bank said. The growth in …
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Posted on 31/05/2019

UAE cabinet decision on fee abolition to have positive impact on economy

managing director of asset management at Menacorp Finance. UAE businesses welcome [the] cabinet decision of the government to reduce fees for a number of federal services. Initiatives of this …
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Posted on 30/05/2019

Remittances from UAE up in 2018

Remittances from the UAE grew three per cent or Dh4.8 billion to Dh169.2 billion in 2019, as compared to Dh164.4 billion in the previous year with more residents remitting money through exchange …
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Posted on 29/05/2019

Saudi Arabia leads Mena IPO market

Dubai: In the first quarter of 2019, Saudi Arabia led the Mena IPO market raising a cumulative value of $58.3 million in capital, contributed by the listing of Saudi software and services company, Al …
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Posted on 29/05/2019

Saudi Arabia records one IPO in Q1 in 2019: EY

Across MENA, positive opportunities ahead for IPO activity, although investors may tread cautiously Dubai, UAE : In the first quarter of 2019, Saudi Arabia led the MENA IPO market raising a cumulative …
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Posted on 29/05/2019

COLUMN-Hedge funds bang defensive drum on oil: Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) LONDON- Hedge funds liquidated more of their bullish petroleum positions as concerns about the health of the global economy and …
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Posted on 29/05/2019

Dubai Government and UAE Bank Unveil Blockchain-Based Mortgage Platform

The Dubai Land Department (DLD), the real estate arm of the Executive Council of Dubai, has partnered with UAE-based Mashreq Bank to release a blockchain-based mortgage platform, according to a …
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