Tag: hedge fund

on Sunday said in its latest UAE Banking Pulse for Q1 2018 report. Comparing the data of the 10 largest listed banks in the UAE, this UAE Banking Pulse report looks at the first quarter of 2018 (Q1 20…
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NAIROBI, KENYA: A credit officer at Dubai Bank Kenya (in liquidation) has been charged with a plot to steal Sh245 Million. Rajab Ahmed Karume appeared before Milimani Senior Principal Magistrate Marth…
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The country’s 10 largest listed banks analysed in A&M’s UAE Banking Pulse are First Abu Dhabi Bank, Emirates NBD as well as Abu Dhabi Commercial Bank, Dubai Islamic Bank and Mashreq Bank. Additionally …
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Commercial Bank of Dubai reported a 68 cent rise in its first-half net income as operating expenses and impairment charges for bad loans declined while net interest and fee income climbed. Net profit …
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The Bank of Tokyo Mitsubishi, DIFC-Dubai has been renamed MUFG Bank, Ltd., DIFC Branch – Dubai • The Bank of Tokyo Mitsubishi, Bahrain has been renamed MUFG Bank, Ltd., Bahrain Branch • The Bank of To…
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Dubai: Sharjah Islamic Bank (SIB) on Sunday reported Dh283 million net profit for the first half 2018 compared to Dh272.9 million in the same period last year. Net operating income reached Dh524.2 mil…
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For many, credit cards are either a convenience with rewards and part of a budgeting strategy or a tempting gateway to spending beyond your means. Yet credit cards used wisely from a young age could a…
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The deal, extendable by another two years, will see RAKBANK become the Official Bank of FC Barcelona in the UAE. This partnership entails the launch of new FC Barcelona dedicated co-branded products i…
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DUBAI, June 26 (Reuters) – Bahrain’s dinar fell to a 17-year low of 0.38261 against the dollar in the spot market on Tuesday as hedge funds sold the currency in the forward market because of concern a…
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and Dubai. LDJ Capital has three subsidiaries: 1. LDJ Capital Group: Victoria Partners, LDJ Venture Capital, LDJ Hedge Fund, LDJ Media Fund, LDJ Capital Advisory, LDJ Capital Investment Bank, and LDJ …
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Banks can now charge VAT on fees following a circular from the Central Bank of the UAE which rescinded a previous notice banning the practice. In circular 157/2018 called Amendment to Annexure 2 of th…
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The United States and the United Arab Emirates have broken up a network funnelling illicit funds to Iran as Washington steps up a drive to restrict Iranian trade and access to hard currency in the reg…
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Commercial Bank of Dubai and Mashreq Bank are the latest lenders to disclose their exposure to embattled private equity firm Abraaj Group that is reeling under allegations of misusing investors funds. …
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owns and operates 47 schools and nurseries in the United Arab Emirates, Qatar and Saudi Arabia, according to its website. Blackstone-backed GEMS Education has refused to comment on “rumours” that plan…
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That would have made it the biggest IPO in London since July 2017 in terms of market capitalisation. Gems is majority-owned by Dubai-based Varkey Group, which has interests in education, healthcare, c…
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DUBAI (Reuters) – The United States and the United Arab Emirates have broken up a network funneling illicit funds to Iran as Washington steps up a drive to restrict Iranian trade and access to hard cu…
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DUBAI, United Arab Emirates — A top U.S. official focused on sanctions against Iran on Thursday linked American financial pressure on Tehran with ongoing economic protests roiling the country, saying …
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