Tag: hedge fund

But its best chance of winning a part of the biggest IPO ever, expected to raise about $100 billion … who has previously worked in Dubai with Saudi clients for international law firm Freshfields. Nasdaq, which is a technology partner to Saudi Arabia’s …
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but it also presents challenges that include several financial aspects. Forward planning is therefore essential to get the practicalities right. Here are some critical factors that expats relocating from the UAE should take into account before departing.
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The United Arab Emirates has spearheaded the Gulf Cooperation Council … State-owned oil and gas Kazmunaygas announced plans to list its initial public offering as soon as 2020 in a bid to privatize nationalizes companies to boost GDP growth.
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The Dubai Financial Services Authority (DFSA) is inviting financial technology (fintech) firms to apply for an Innovation Testing License (ITL) that will allow qualifying companies to develop and test concepts for between six to 12 months in a restricted …
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Dubai bank Emirates NBD is seeking to capitalise on the growing e-commerce market in the UAE with the launch of its own online marketplace. The SkyShopper platform will enable the bank’s credit and debit card customers to pay for items including flights …
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Dubai: The UAE’s banking sector loans growth moderated in April after two months of accelerated growth, according to the latest numbers from the Central Bank of UAE. Gross loans fell by a limited 0.1 per cent in April compared to March. On a yearly basis …
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The financial services regulator in Dubai has announced a new type of licence that will enable financial technology (fintech) providers to try out their ideas in the real world before jumping through the hoops to qualify for a full licence. Crisis patterns …
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LONDON/DUBAI Dubai is looking into creating a $1 billion investment fund focused on shipping to develop the Gulf city’s maritime sector and ride out a global industry downturn, three finance sources familiar with the plans say. The sources said the Dubai …
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DUBAI: The UAE Ministry of Finance has announced a selective tax of 100 percent on tobacco and energy drinks and 50 percent on carbonated beverages on Tuesday. It was announced in a tweet of UAE Ministry of Finance after the meeting of the board directors …
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Leejam, established in 2007 by vice-chairman Abdul Mohsen Al Haqbani, operates 120 locations across Saudi Arabia and Dubai under the brand name Fitness Time, according to its website. The company plans to formally apply for an IPO with the stock market …
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Leejam, established in 2007 by vice chairman Abdulmohsen al-Haqbani, operates 120 locations across Saudi Arabia and Dubai under the brand name Fitness Time, according to its website. The company plans to formally apply for an IPO with the stockmarket …
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Leejam, established in 2007 by vice chairman Abdulmohsen al-Haqbani, operates 120 locations across Saudi Arabia and Dubai under the brand name Fitness Time, according to its website. The company plans to formally apply for an IPO with the stockmarket …
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A paradigm shift is under way in the UAE’s financial sector as technology evolves and customers live in an increasingly connected world. When the dust settles, the banking landscape will look a lot different over the next three years than it does today.
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I discuss industry implication of ADES IPO. This article was written on a request by a reader who noticed that an offshore drilling company which originally came from Egypt and is now based in Dubai, ADES International Holding, had a successful IPO in …
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Dubai: An Asian airline that serves the UAE market is implementing … followed after the company announced that it had incurred some $74 million (Dh271 million) in financial losses for 2016, the first since the global recession. “We have had to make …
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“Och-Ziff, one of the largest hedge funds, positioned itself to profit from … a handful of longtime investors are sticking with the firm. A unit of Dubai’s sovereign investment fund retains a 16% stake, and mutual fund giant T. Rowe Price has bought …
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Dubai: The UAE banking sector liquidity conditions in the first quarter of 2017 has eased further from year end 2016 and banks have substantially better liquidity position at the close of the first quarter of 2017 according to the latest data from the …
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