Tag: hedge fund

Dubai: The Dubai Financial Services Authority, DFSA, has entered into a Memorandum of Understanding with the Astana Financial Services Authority, AFSA. The MoU was signed in the Dubai International Financial Centre, DIFC, by Bryan Stirewalt, Managing …
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Law360, London (June 22, 2018, 9:15 PM BST) — The top appeals court for U.K. overseas territories has dismissed claims that Investcorp Bank BSC breached an agreement with a Dubai-based businessman who lost out when a series of leveraged hedge fund …
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The UAE’s Central Bank decision to cap fees and commissions on select banking services may drive some lenders to raise interest rates to cover their risk, banking analysts said. The regulator’s move will mainly affect retail banks, who may see an …
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While credit card and home loan customers will benefit from the bank fees overhaul by the UAE’s Central Bank, some borrowers will lose out, according to analysts who have seen the Amendment circular detailing the changes. Of the 43 capped fees on retail …
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The Central Bank of the UAE (CBUAE) has made a significant move to eradicate injustice by setting a maximum limit on fees and commissions charged by the banks. Brought into effect on Tuesday, June 19, expatriates and entrepreneurs living and working in the …
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Between all the interest rates, car repayments and hidden charges, it can all be a bit much. Thankfully, the UAE Central Bank has announced that it will be placing new caps on the certain fees that banks and other lenders can charge their customers in the …
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The UAE Central Bank (CBUAE) has announced new maximum limits or ‘caps’ for fees or commissions charged on retail customer service in a move to protect consumers against arbitrary levying for various services, a media report said. The fee caps apply to …
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Next Story New banking law announced in UAE YOU MAY LIKE Sponsored Links by Microsoft Office 365: Buy yearly, get 12 months for the price of 10 Microsoft Office 365: Buy yearly, get 12 months for the price of 10 Microsoft Office 365: Buy yearly …
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Over the decades, the bank has grown significantly and plays a crucial role in empowering the emirate of Sharjah as a leading contributor to the UAE Federation, which has boosted growth in the region. With the emergence of the UAE’s stock markets …
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… Blockchain Challenge saw 21 start-ups fly into Dubai from 19 cities – to pitch their best and brightest blockchain ideas – several of which are now being piloted around the city. The National Bank of Dubai (NBD), has become the first bank in the …
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DUBAI, 21st June, 2018 (WAM) — The Dubai Financial Services Authority, DFSA, today entered into a Memorandum of Understanding, MoU, with the Astana Financial Services Authority, AFSA. The MoU was signed in the Dubai International Financial Centre, DIFC …
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Al Tayer stressed the importance of collaborative work between the two countries to speed-up the role and activities of UAE-Luxembourg Council for Cooperation and Development of Islamic Banking and Finance, which includes a number of prominent financial …
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The education provider has is also reportedly planning to delay an IPO after Dubai moved to cap school fees GEMS is also planning to delay an initial public offering because of Dubai’s school fees decision. Blackstone Group-backed GEMS Education plans to …
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Some of the information here has been collated in collaboration with #ibankislamic which aims at creating awareness about Islamic banking in the UAE.
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Dubai: Initial Public Offerings in the Middle East are expected … Overall (domestic and cross-border) IPO activity in the Middle East witnessed a slow start, with capital raising amounting to only $263 million (Dh965 million) from six offerings in …
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Dubai International Financial Centre (DIFC) announced on Tuesday it has formed a new partnership with Startupbootcamp to support the development of the growing fintech and venture capital ecosystem in the Centre as well as promote entrepreneurship in the …
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The decision by the Central Bank of the UAE to cap fees and commissions has been lauded by personal finance experts for bringing transparency to the banking industry and ensuring customers are better protected. Under the new guidelines, fees on retail …
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