Tag: hedge fund

The UAE will soon launch a new integrated payment system that builds upon the success of the eDirham system launched in 2001, according to the Ministry of Finance. On Sunday, the Ministry of Finance h…
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The Central Bank of the UAE (CBUAE) has requested all lenders to run credit checks … according to a circular sent to financial institutions. In the case of new customers, banks are limited to issuin…
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His Highness Sheikh Mohammed bin Rashid Al Maktoum, in his capacity as president of the DIFC, vice president and prime minister of the United Arab Emirates (“UAE”) and Ruler of Dubai, has recently ena…
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HE/ Essa Kazim: “We are committed to expand our standards in line with the Islamic finance’s momentum as a result of the leading initiative of His Highness Sheikh Mohammed bin Rashid Al Maktoum to for…
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Dubai: The Dubai Financial Market (DFM) has published updated Sharia standards in a move to bolster the regulatory framework supporting the Islamic capital markets sector. The updated guidelines …
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DOHA (Reuters) – Doha Bank will cut its exposure to construction companies to 10 percent from 17 percent of lending in the next three years, its CEO said on Tuesday, part of efforts to adjust to a bui…
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Global IPO activity in Q3 2018 suffered compared to last year – proceeds … The company completed its seventh debt listing on NASDAQ Dubai, raising $2.3 billion from corporate bond and $1.0 billion f…
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RELATED ARTICLES: Adnoc Onshore awards $70m contract to London-based Penspen | UAE gas firm Brooge Petroleum eyes London IPO | UPS opens $163m hub at DP … Regal London has opened an office in Dubai. …
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The IPO could see 25 to 30 per cent of Network … according to the publication. The Dubai-headquartered company services more than 65,000 merchants and 220 financial institutions across 50 …
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Discussions about an IPO are at an early stage and Streamcast … Streamcast has offices in the U.S., U.K., Ireland, Malta, Kenya, Dubai, Bahrain and India, according to its LinkedIn page.
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Emaar’s net profit totalled AED5.3 billion ($1.4 billion), a growth of 28 percent, prior to considering the effect of the IPO of Emaar Development and … continued to record higher occupancy than Dub…
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“Being IPO-ready is a great exercise … Lahyani declined to give a specific value to the company, which was founded 11 years ago in Dubai, although a Reuters report suggested that it was close to $50…
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Dubai-based developer Emaar Properties has announced that its … had grown tremendously in the first nine months on the back of the initial public offering (IPO) of Emaar Development and foreign exch…
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Elon Musk, the CEO of both Tesla Inc. and Space Exploration Technologies Corp., opened up about his tumultuous year in a wide-ranging interview with CBS’s “60 Minutes.” Musk, 47, told anchor Lesley St…
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Banks in the UAE must carry out a credit check on customers before issuing a chequebook, according to a new circular sent to financial institutions by the Central Bank of the UAE. The Central Bank sai…
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DUBAI (Reuters) – Standard Chartered is cutting jobs in its retail bank in the United Arab Emirates, in part as more customers move to digital services, people familiar with the matter told Reuters. T…
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The UAE will soon boast a new integrated payment system that builds on the foundation set by the eDirham system, and which is in line with the country’s digital transformation objectives. The Ministry …
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