Dubai – Investment banking advisory firm Nimai Capital has launched $150 million (Dh550.5 million) fund in partnership with Kenya’s Victoria Commercial bank to invest in to financial services sector …
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EIBFS holds workshop on ‘Fintech in Islamic Finance’
held an interactive workshop on the implications of Fintech in Islamic Finance in collaboration with the Dubai Islamic Economy Development Centre (DIEDC). Zubair Ahmed, Senior Vice President, ENBD …
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Finablr Is Said to Struggle to Find Enough Buyers for London IPO
The holding company for businesses, including Travelex Holdings Ltd. and the UAE Exchange Centre LLC, could opt to restructure or delay the IPO, the people said, asking not to be identified as the …
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Dubai powerhouse AIM Summit brings alternative investments, private debt to inaugural European conference in Geneva
we found that nothing was focused predominantly on alternatives (Hedge Funds, Private Equity, Venture Capital, Private Debt), and so Dalma launched the first conference in Dubai, along with the …
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Who to Sue When a Robot Loses Your Fortune
It all started over lunch at a Dubai restaurant on March 19 … During their meal, Costa described a robot hedge fund his company London-based Tyndaris Investments would soon offer to manage money …
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HDFC Bank Limited (HDB) Shares Sold by Millennium Management LLC
A number of other hedge funds and other institutional investors also recently … financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in …
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Hong Kong Fund’s Projected $400 Million Overstock Investment Ends With $5 Million Close
but if it needs money those funds can get “pushed down” to it from the parent company, according to Noursalehi. This funding served as a “kind of hedge” against the uncertainty in the GSR …
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UAE- Fortress energy joins metals to record a weekly loss
(MENAFN – Dubai PR Network) By Ole Hansen … The table below shows how hedge funds, measured in number of futures contracts, are positioned across the major futures markets.
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Who do you sue when a robot loses your fortune?
It all started over lunch at a Dubai restaurant on March 19, 2017. It was the first time Li, 45, met Costa, the 49-year-old Italian who’s often known by peers in the industry as “Captain Magic”. …
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Banque Pictet & Cie SA Has $324,000 Stake in HDFC Bank Limited (HDB)
19.14% of the stock is owned by hedge funds and other institutional investors … financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in …
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DMCC Launches Sustainability Report 2018 Outlining Development of Its Smart and Sustainable Community
DUBAI, United Arab Emirates … SEE ALSO: Wells Fargo reportedly approached the co-CEO of the world’s largest hedge fund about becoming its CEO (WFC)
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UAE bank postpones loan instalments during Ramadan
Abu Dhabi Islamic Bank (ADIB) has postponed monthly instalment for its personal finance customers at ‘no extra charge’ during the holy month of Ramadan. Customers eligible will be contacted by SMS …
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How will Dubai’s potential three-year rent freeze affect the property sector?
With green shoots of recovery in the UAE’s real estate market, the emirate is proposing a new rental law Peter Cooper says unless global financial markets take another tumble, a return of confidence …
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Where UAE gold jewellery prices are headed this week: Rates could easily soar to nearly Dh160 per gram
Dubai: Gold jewellery fans in the UAE could … chief market analyst at Century Financial. “Gold has a lot of importance in these volatile times in the financial markets and could easily soar …
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Saudi sovereign wealth fund supports Arabian Centres’ IPO
Riyadh – Mubasher: Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF), has reportedly pumped indirect investments in the $747 million initial public offering (IPO) of Arabian Centers, …
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UAE banks provide $2,6bn credit for service companies
Figures recently released by the Central Bank of UAE indicate the steady rise in the total financial assistance received by this sector which amounted to around Dh148.8 billion in 2018 against Dh138.3 …
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Sharjah bank issues coins to mark mosque opening
The Central Bank of the UAE has issued two commemorative coins on the opening of Sharjah Mosque by H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah.
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