Tag: hedge fund

Dubai: Pakistani expatriates in the UAE are … According to Vijay Valecha of Century Financial the rupee’s decline has been trigged by concerns about the strict conditions of the IMF bailout …
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The new system “will not affect the customers of banks since it is not applicable to them”, the central bank said. The Central Bank of the UAE has developed a Persona Non Grata (UAEPNG) System in …
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Finablr’s share sale opened on May 1 and came in the wake of Dubai-based Network International Holdings Plc’s successful London listing, the largest IPO on the exchange so far this year. Finablr, Abu …
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Dubai: Following years of turmoil, the shareholders of embattled retailer Marka voted on Wednesday morning to liquidate the business, after a last ditch attempt at turning the company’s finances …
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In the UAE, where the company is based, both stock markets in Abu Dhabi and Dubai suffered their biggest single-day declines … The full deal size of 192.5 million pounds for the initial public …
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United Arab Emirates-based cryptocurrency exchange BitOasis has reportedly secured preliminary approval with financial regulators, Bloomberg reported on May 13. Founded in 2015, BitOasis claims to …
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DUBAI/LONDON (Reuters) – Saudi Arabia said on Monday that two of its oil tankers were among those attacked off the coast of the United Arab Emirates and described it as an attempt to undermine the …
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In the UAE, where the company is based, both stock markets in Abu Dhabi and Dubai suffered their biggest … of the sources told Reuters. Finablr’s IPO plans were confirmed last month following …
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ABU DHABI/LONDON (Reuters) – United Arab Emirates-based payments and foreign exchange company Finablr has extended the closing of books for its initial public offering (IPO) to May 14 due to volatile …
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DUBAI/LONDON (Reuters) – Saudi Arabia said on Monday that two of its oil tankers were among those attacked off the coast of the United Arab Emirates and said it was an attempt to undermine the …
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Dubai Islamic Bank PJSC hired HSBC Holdings Plc to advise on its possible acquisition of smaller rival Noor Bank PJSC, according to people with knowledge of the matter. Noor Bank is working with …
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Dubai Islamic Bank had assets of AED227 billion at the end of March compared with Noor Bank’s AED51 billion in December, according to data compiled by Bloomberg. Dubai Islamic Bank has hired HSBC …
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DUBAI, United Arab Emirates — The U.S. issued a new warning early Monday to sailors over alleged “acts of sabotage” targeting ships off the coast of the United Arab Emirates amid heightened regional …
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Jamal Saif Al Jarwan, secretary-general of the UAE International Investors Council, met in Dubai with Hussein Tantawy, CEO of the National Bank of Egypt (NBE) in the Dubai International Financial …
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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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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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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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