Tag: hedge fund

Financial confidence soared in the fourth quarter of 2018 after residents adjusted their budgets to factor in the effects of VAT and high summer spending, a study from UAE financial comparison site ya…
( read original story …)

---

The government riding a wave of momentum after having secured a $6.2 billion financial aid package from the United Arab Emirates (UAE), is dilly-dallying on a potential International Monetary Fund (IM…
( read original story …)

---

Dubai-based fintech e-Mal has officially inaugurated its full-fledged digital financial platform that aims to revolutionise the way individuals and businesses transact to make payments, micro-lending …
( read original story …)

---

But as significant as these factors are, some things – such as London and the UK’s inherent strengths in global finance, our ability to innovate and our willingness to collaborate with Gulf nations su…
( read original story …)

---

received a full operating licence in November following a phase in the Dubai International Financial Centre’s sandbox. The company, which has around 2,700 registered users, is now looking to reach an …
( read original story …)

---

For the first full week of the new year, the Dubai Financial Market General Index (DFMGI) advanced by 19.63 or 0.79 per cent to close at 2,545.65. There were 22 advancing issues and 15 declining …
( read original story …)

---

$3.2 billion each of oil supplies on credit as well as $3 billion in cash deposits were provided by both the Kingdom of Saudi Arabia and the UAE, along with $1.2 billion trade finance from the …
( read original story …)

---

Advertising The finance minister said he was meeting with businessmen in … “The impact of these investment agreements will become known from next week,” he said. Pakistan and the UAE finalised the t…
( read original story …)

---

Listed on the Dubai Financial Market and based in the UAE, Aramex is centrally located at the crossroads between East and West, which allows it to provide customised logistics solutions anywhere …
( read original story …)

---

Mashreq Bank, a leading financial institution in the UAE, has rolled out a service that allows customers to instantly add their credit cards to Samsung Pay via Snapp, enabling them to make easy, fast …
( read original story …)

---

Smaller banks in the United Arab Emirates are facing regulatory pressure to merge after the fallout from a property downturn forced the state to lead a bailout of Invest Bank last month.
( read original story …)

---

First Abu Dhabi Bank, the largest bank in the United Arab Emirates, said on Facebook it is working to repay customers wrongly charged Dh175 ($47.7) on their accounts. The bank’s customers had complain…
( read original story …)

---

DUBAI: A flurry of announcements from Saudi Arabia’s energy … Al-Falih also updated global markets on plans for an initial public offering (IPO) of Aramco shares, scheduled for 2021, assuming market…
( read original story …)

---

The UAE government has put youth empowerment high on its agenda to ensure the young generation is well equipped to contribute to the national development drive. The country’s leadership has worked wit…
( read original story …)

---

Hedge funds are coming off their worst year in seven years … the Kuwaiti pension fund was pushing ahead with liquidation proceedings against Abraaj, upending the Dubai-based private equity firm’s at…
( read original story …)

---

Bahrain had its first IPO for four years following the flotation of port operator APM Terminals Bahrain, which raised $31.5 million in December, and although there were no new listings on either the A…
( read original story …)

---

HF Markets, which is also commonly known by its trading name HotForex, has revealed exclusively to Finance Magnates that it has expanded its operations to the United Arab Emirates. The newly-launched …
( read original story …)

---