Tag: hedge fund

Of the 19 banks, seven banks listed on the Dubai Financial Market made net profits of AED 4.7 billion during Q1 2018, a growth of 27 per cent from 3.7 billion, during the same period last year and 12 banks listed on the capital’s bourse booked AED 6.00 …
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Dubai currently leads the global real estate sector in terms of investment locations among the major cities, with returns averaging 7-8 per cent per annum, compared to the best performing cities in the world, according to a report by Private Finance …
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The Dubai Financial Market General Index closed 1.89 per cent higher at 2,964.13. Dubai Islamic Bank closed 5.85 per cent higher to Dh5.07. Emaar Properties closed 2.16 per cent higher to Dh5.20. Emaar Development closed nearly 1 per cent lower to Dh5.30.
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So why has the UAE not had that much success? Is it due to a lack of financial commitment to the team’s development? This lack of success could be due to several factors that can be mitigated with the right investments. World-famous Egyptian player …
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Remittances by expats in the UAE, mostly Indian workers, rose over 17% in the first quarter of this year. They remitted AED43.5 billion in the first three months of 2018 compared to AED37.1bn last year, reported Wam news agency based on figures by the …
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Both the club and owner are in debt to U.S hedge fund Elliott Management … Today La Repubblica is reporting that Li rejected a €450m bid from Dubai, thought to be Mohamed Al-Falasi, which would have settled the Elliott debt. Yonghong Li, Han Li …
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22k gold in Dubai is priced at Dh147 and buyers can buy 24k for … fell 0.1 percent to 855.28 tonnes on Friday. Hedge funds and money managers cut their net long position in COMEX gold contracts by 21,294 contracts to 31,327 in …
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While hedge fund and cryptocurrency trading is becoming the highly utilized … AI Trader is developed by Middle-East’s largest cryptocurrency miners located in Dubai. They are a team of brilliant developers and researchers who envisioned the future …
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Dubai: The growing concern over geopolitics in Asia and Europe … in crude oil production caps in Russia and Saudi Arabia,” Vaqar Zuberi, Head of Hedge Funds at Mirabaud Asset Management said. “In light of these concerns, US and European bourses …
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Bahrain distressed bonds targeted by US hedge fund Greylock Capital Management … and Ruler of the Emirate of Dubai said, “At today’s Cabinet meeting, we decided to allow 100 per cent foreign ownership of companies in UAE, with a 10-year visa for …
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The stealth-wealth locations make a classy change from the restaurant groups that wantonly follow the big money to Dubai, Abu Dhabi … the galleries of Cork Street round the corner and a hedge fund hanging from every nearby office, Cecconi’s is one …
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(AP) Local cases: The founder of a hedge fund pleaded guilty in a bribery case involving a … Separately, a Maltese lawmaker wrote to Dubai regulators asking for a probe into a local company. (ToM, FT, ToM) Canadian regulators are looking at ways to …
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The 35-year-old is the second son of Sheikh Mohammed bin Rashid Al Maktoum, who is the vice president and prime minister of the United Arab Emirates and emir, or ruler, of Dubai … he works with Wall Street hedge funds. The young Danish prince is the …
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The UAE’s Central Bank has raised its forecast for non-oil GDP growth in 2018 to 3.9 percent from 3.6 percent, it said in a tweet on Tuesday. The stronger forecast comes as non-oil economic activity in the UAE grew by 3.1 percent in the first quarter …
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For example, the Offshore Banking product offered by UAE-based bank ADCB uses the island of Jersey, thanks to its independently administered jurisdiction and comprehensive laws and regulations to protect its financial services industry. The account comes …
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UAE residents are keeping better track of their money than four years ago, and fewer are living beyond their means, according to ADIB’s index. The indexprovides fresh insight into trends related to financial wellness, including saving, debt management …
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“This will add to the financial benefits of the owners of expired business licenses, restore legal records and licenses, and help the business community in Dubai enhance their competitiveness.” Omar Bushahab, CEO, Business Registration and Licensing Sector …
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