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Tag: hedge fund

Posted on 05/02/2019

Corporate sponsorship is not an enemy of the arts

A literary award and a hedge fund are not, perhaps, the most obvious bedfellows … Emirates Airline has a long association with the annual literature festival in Dubai. Economic pragmatism isn’t the …
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Posted on 05/02/2019

HDFC Bank Limited (HDB) Shares Bought by Bank Pictet & Cie Asia Ltd.

A number of other hedge funds also recently bought and sold shares of HDB … financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in Treasury …
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Posted on 05/02/2019

TIAA CREF Investment Management LLC Trims Holdings in HNI Corp (HNI)

71.41% of the stock is owned by hedge funds and other institutional investors … Hong Kong, India, Mexico, Dubai, and Taiwan. The company’s Office Furniture segment offers a range of metal and wood c…
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Posted on 05/02/2019

Commentary: Mr Kenneth Griffin, you have a lot in common with Haiti, come invest there!

My advice is, going for the plunge, your hedge fund the Citadel will stand as strong as the mighty … Haiti would have been rich as much as Dubai, Brunei or Singapore except its fortune would have be…
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Posted on 05/02/2019

Deals of the day-Mergers and acquisitions

U.S. hedge fund Elliott Management Corp has raised its stake in Telecom Italia (TIM) to 9.4 percent, a SEC filing showed, escalating a power battle over the Italian phone group with top shareholder Vi…
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Posted on 05/02/2019

Mondrian Investment Partners LTD Has $137,000 Stake in HDFC Bank Limited (HDB)

18.83% of the stock is currently owned by hedge funds and other institutional investors … Bahrain, Hong Kong, and Dubai. The company operates in Treasury, Retail Banking, Wholesale Banking, and Othe…
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Posted on 05/02/2019

Fannie-Freddie Regulator Now Welcomes Lawmaker Input on Revamp

Hedge funds and other investors were hopeful that any plan would allow shareholders to get their hands on Fannie and Freddie’s profits, which now go to the Treasury. Otting’s Wednesday letter is the l…
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Posted on 05/02/2019

Vanguard Group Inc. Acquires 66,967 Shares of HNI Corp (HNI)

71.41% of the stock is currently owned by institutional investors and hedge funds. Get HNI alerts … Hong Kong, India, Mexico, Dubai, and Taiwan. The company’s Office Furniture segment offers a range …
( read original story …)


Posted on 05/02/2019

Credit guarantee scheme for SMEs in UAE launched

Image Credit: Rawpixel on Unsplash Dubai: Emirates Development Bank (EDB) on Monday launched a Dh100 million credit guarantee scheme for small and medium enterprises (SMEs) in the UAE. The new …
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Posted on 04/02/2019

UAE Bank merger: ADCB, UNB and Al Hilal Bank answer your questions

The official website of the three merging banks, ADCB , UNB and Al Hilal who are expected to finalise their merger by mid 2019, has published answers to the most frequent questions being asked by …
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Posted on 04/02/2019

Pope’s visit shows UAE is an outward-looking global business destination

The Pope’s historic visit to the UAE is another symbolic advance in the Emirates becoming a major global business and finance hub, affirms the CEO of one of the world’s largest independent financial a…
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Posted on 03/02/2019

UAE bank offers customers 0% instalment plan for Dubai traffic fines

Dubai Police signed a long-term partnership with Noor Bank to give its customers the opportunity to pay traffic fines in instalments. Under the agreement, Noor Bank credit card holders can pay traffic …
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Posted on 03/02/2019

UAE- NRIs cheer ‘Nava Bharat’ vision

(MENAFN – Khaleej Times) The non-resident Indian community in the UAE welcomed the interim budget presented by newly-appointed Finance Minister Piyush Goyal as a smartly-balanced election-year …
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Posted on 01/02/2019

Total UAE banking reserves rise to $77.1bn

Total reserves at the Central Bank of the UAE increased to AED283.4 billion ($77.1 billion) by the end of November, a growth of 4.3 percent from AED271.6 billion during the same month of 2017. The gro…
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Posted on 01/02/2019

Exclusive: Venezuela plans to fly central bank gold reserves to UAE – source

CARACAS (Reuters) – Venezuela will sell 15 tonnes of gold from central bank vaults to the United Arab Emirates in coming days in return for euros in cash, a senior official with knowledge of the plan …
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Posted on 01/02/2019

Venezuela to sell 15 tonnes of central bank gold to United Arab Emirates: source

Venezuela will sell 15 tonnes of gold from central bank vaults to the United Arab Emirates in coming days in return for euros in cash, a senior official with knowledge of the plan said, in an effort b…
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Posted on 01/02/2019

Dubai Islamic net profit for 2018 hits $1.36bn

Dubai Islamic Bank (DIB), the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets, has posted a net profit of Dh5 billion ($1.36 billion) during 2018, up 11 per cen…
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