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Tag: hedge fund

Posted on 09/12/2018

Dubai Islamic Bank Triumphs at Islamic Business and Finance Awards 2018

Dubai Islamic Bank (DIB), the largest Islamic Bank in the UAE, has once again dominated the Islamic Business and Finance Awards, collecting five major accolades at the prestigious industry event. The …
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Posted on 09/12/2018

As the liquidity tide recedes, will investors need a different boat?

Image Credit: Dubai: Alternative investments can include a variety of investment vehicles, such as private equity, real estate, commodities, hedge funds and even ‘liquid alternative mutual funds’.
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Posted on 07/12/2018

UAE- ADNOC to open two service stations in Saudi Arabia this week

IPO, in December 2017 to grow its business, not only in the UAE but also internationally. The company is currently reviewing a number of potential options to grow its international operations.
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Posted on 06/12/2018

UAE private sector growth remains strong on higher demand

Official data showed the UAE’s non-oil sector grew 2.5 per cent in 2017. The Quarterly Economic Review of the Central Bank of UAE for the third quarter of 2018 projected the non-oil GDP in …
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Posted on 06/12/2018

UAE financial regulators to cooperate on investment funds

Financial regulators in the UAE have agreed to implement a passporting regime, facilitating the licensing of funds by each regulator for promotion across the UAE.06 Dec 2018 The agreement will strengt…
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Posted on 06/12/2018

The Financial Diet: How to budget your life in the UAE

If you’re fresh out of university and have landed yourself a job, you’re most definitely the new kid on the block. While this is an exciting experience, keeping track of the responsibilities …
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Posted on 05/12/2018

UAE positive on KYC utility tests

First Abu Dhabi Bank, UAE Exchange and ADGM, was formed in February to develop a proof-of-concept to decide the governance framework and the functional requirements of an e-KYC utility. The app develo…
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Posted on 05/12/2018

Matt Hedges says UAE officials asked him to spy on the UK

Mr Hedges suggested that the UK should examine its alliance with the UAE. “Is it putting trade, is it putting finance, is it putting anything else over the values it stands for?” he said. He added tha…
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Posted on 05/12/2018

Unbelievable! Mumbai to UAE in 2 hours by underwater bullet train speeding through floating pipes; watch video

UAE’s National Advisor Bureau Limited has come up with a concept … Live a 100 years blessing made real; finance your child’s prosperous long life with this product
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Posted on 04/12/2018

Banking stocks lift Abu Dhabi index to 2-year high

The UAE equity markets opened on a higher note on Tuesday after a long weekend, helped by scrips from the banking, real estate and construction sectors. The Dubai Financial Market General Index (DGMGI …
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Posted on 03/12/2018

UAE residents willing to ‘bank’ on technology…

There are a growing number of customers in the UAE who say that they are who are willing to get banking services from an established technology company, because traditional banks are failing to keep u…
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Posted on 02/12/2018

Would you bank with a ‘Digital Bank’?

Here’s a quick explanation of what digital banking means in 2018 and what UAE has to offer to customers. Paperwork, signing cheques, bank statements, and more paperwork – That is what conventional ban…
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Posted on 02/12/2018

BULLETIN: A&P Emerging Manager Index down -2.95% in October, DeVere launches a new crypto fund

DeVere Group, which has over 80,000 clients in 100 countries, stated on its website that the new investment solution, called deVere Digital Asset Funds, is being in partnership the Dubai-based hedge f…
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Posted on 02/12/2018

5 major banks represent UAE in Egyptian market

The number of UAE banks operating in the Egyptian market are five banks, namely Emirates NBD, First Abu Dhabi Bank, Abu Dhabi Islamic Bank (ADIB), Union National Bank-Egypt, and Mashreq. First Abu Dha…
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Posted on 01/12/2018

Robo-advisory firm is first graduate from Dubai fintech testing

The Dubai Financial Services Authority (DFSA) has announced that robo-advisory firm, Sarwa, has become the first participant to graduate from its regulatory sandbox following nearly 12 months of testi…
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Posted on 01/12/2018

8th Global Islamic Microfinance Forum Successfully Concluded in Dubai U.A.E.

(MENAFN – Somali Land Sun) 8th Global Islamic Microfinance Forum’ Successfully Concluded in Dubai – U.A.E. Somalilandsun- Under the Theme of Financial Inclusion, FinTech, Outreach Strategies …
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Posted on 01/12/2018

Family of UK businessman jailed in Dubai pleads with Foreign Office

Ryan Cornelius is one of four inmates who earlier this year completed a 10-year term for defrauding the bank. However, a Dubai court ruled that their sentences would be extended by another 20 years un…
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