Tag: hedge fund

Mashreq Bank, the oldest privately owned bank in the UAE, is celebrating its 50 year anniversary alongside the local community. In association with Goumbook, the leading social enterprise promoting sustainability in the UAE, senior executives from the bank …
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One bank announced last week its “personal finance sale,” offering UAE residents a chance to borrow money at less than 3 per cent annual interest. The attractive rates, however, are being offered at a very limited period and soon, borrowers may find it …
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For example, the #UAE circulated new draft IPO regulations for feedback from stakeholders, setting requirements increasingly in line with international exchanges. Changes for the better Saudi Arabia’s Capital Market Authority (CMA) announced a number of …
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Private equity baron Guy Hands has sold an aircraft leasing business his hedge fund Terra Firma has co-owned for more than … (CPPIB), has sold the Dublin-based aircraft lessor Awas to Dubai Aerospace Enterprise, the largest aircraft lessor in the …
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Oilfield services company ADES International announced today it is planning to raise up to $170m (£133m) when it floats on the London Stock Exchange next month. The company has set a guidance price of $16.50 to $19.60 (£12.90 to £18.10) per share and is …
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With the UAE’s steel industry poised for further growth in 2017 … launched its operations in Abu Dhabi in the midst of the financial crash. Despite the lack of demand and a significant drop in prices in the sector, the firm set out to supply the …
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Alphabit is registered in Dubai and the Cayman Islands. Fees include 2.5 percent for management and 45 percent for performance. The latter will only apply if the fund outperforms the price of bitcoin, said Robertson, a former currency trader at hedge fund …
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A spurt in digital finance in the UAE is inevitable as the country embraces the global trend of smart payment solutions. Digital finance – financial services delivered via mobile phones, the internet or cards linked to a digital payment system – could be a …
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DUBAI // Low-income families and labourers will be able to get food donated by hotels and supermarkets after the country’s first food bank was launched in the city on Wednesday. Stocked with boxes of food as part of the Year of Giving, the food bank aims …
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Hong Kong/Riyadh/Dubai: China is creating a consortium … Saudi officials have said Chinese companies were interested in investing in the Aramco IPO as the country — the second biggest consumer of oil globally — seeks to secure crude supplies …
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HONG KONG/RIYADH/DUBAI (Reuters) – China is creating a consortium … Saudi officials have said Chinese companies were interested in investing in the Aramco IPO as the country – the second biggest consumer of oil globally – seeks to secure crude supplies …
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Dubai: Dubai Municipality opened the UAE’s first Food Bank off Al Khail Road in Al Quoz this morning. Hussain Nasser Lootah, director general of Dubai Municipality officially inaugurated the Food Bank that includes two refrigerated containers to store dry …
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Dubai: Dubai index jumped with Emaar Properties on Tuesday, bucking the regional trend, and shares of Gulf Finance House also rebounded. The Dubai Financial Market General Index closed 0.92 per cent higher at 3,495.82. Traded value jumped to Dh380 million.
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The United Arab Emirates has not seen a need for or discussed the listing of state-run Abu Dhabi National Oil Company (Adnoc) — similar to Saudi Aramco’s scheduled initial public offering (IPO) — the country’s energy minister Suhail Mohammad Al …
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Houlihan Lokey sees opportunities in the region to bring in outside capital whether it is from insurance companies, hedge funds, private equity or others, Arun Reddy, a managing director of the firm currently based in London, who will relocate to Dubai to …
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according to UAE Banking Pulse, an analysis of key data of top 10 banks by Alvarez & Marsal (A&M), global professional services firm. In 2017 the UAE banks are expected to report mid to high single-digit growth in assets while maintaining costs to income …
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Dubai Women Establishment has signed a Memorandum of Understanding (MoU) with Dubai Financial Market (DFC) to enhance women’s participation on the boards of listed companies. The agreement will enable both parties to exchange knowledge and expertise, as …
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