Tag: hedge fund

After years of financial repression in the interest rates sphere global macro is presenting new opportunities, according to Nick Allsop, senior portfolio manager at Dubai based Dalma … 2017 could be a good year for hedge funds Dalma Capital’s global …
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Gold prices hit one-week highs on Tuesday, buoyed by a weaker dollar on tepid economic data from the United States, pushing up Dubai gold prices to Dh143 … a little more bullish about the outlook.” Hedge funds and money managers raised their net long …
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The concept follows the American model of Greenwich in Connecticut, which was established as a hub for hedge funds and financial services firms … There is always the Dubai technique, however. Offer your target banker a sum of US$100 million to manage …
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DUBAI Saudi Arabia’s stock exchange said it would extend the … banks have refused to offer swaps for fear of jeopardizing their business within the kingdom, said regional hedge fund MENA Capital. The Saudi exchange’s decision to allow the practice …
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The Dubai Gold and Commodities Exchange (DGCX … said its holdings fell 0.03 percent to 836.49 tonnes on Friday from 836.77 tonnes on Thursday. * Hedge funds and money managers upped their net long position in COMEX gold for the third straight week …
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Hundreds of Kashmiris toiled hard in Middle East’s coastal desert to become part of Dubai’s golden-glass growth story … trading strategies and conversations with financial advisors, hedge fund managers, CFAs and renowned value investors.
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The region’s largest derivatives bourse, the Dubai Gold and Commodities Exchange (DGCX), saw … investors flock to regulated and transparent markets like DGCX to hedge against rapid price movements especially in global currency pairs.
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The hedge fund is urging BHP to demerge the US petroleum business and … 11:19am WorleyParsons shares have jumped 3.3 per cent to $11.40 after a buyer, said to be Dubai-based Dar Group, snapped up $175 million of WorleyParsons stock.
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HE Obaid Humaid Al Tayer, the Minister of State for Financial Affairs, will head the UAE delegation which will include HE Mubarak Rashed Al Mansouri, UAE Central Bank Governor; HE Younis Haji Al Khoori, Undersecretary of MoF; HE Khalid Ali Al Bustani …
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LONDON/DUBAI, April 11 (Reuters) – Saudi Arabia and international … aiming to get a valuation of up to $2 trillion in what could be the world’s biggest initial public offering (IPO). Chevron, BP, Aramco and Eni declined to comment on talks.
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DUBAI (Reuters) – United Arab Emirates-based Aster DM Healthcare has agreed a $295 million credit facility with India’s Axis Bank, the healthcare company said in a statement. Aster had a $276 million loan outstanding with a consortium of eight banks, and …
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Derek, who did not want to reveal his full name, is in a similar position to Mr Nair; he needs credit but cannot borrow because of poor UAE financial history. The Briton, a married father-of-two and resident here for seven years, bounced a Dh155,000 …
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Standard Chartered Bank announced on Tuesday the launch of its video and chat banking service for clients in the UAE, a first for an international bank. The launch follows the successful roll-out of the service in Malaysia, Singapore, Taiwan in 2016 and …
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Dubai Islamic Bank (DFM: DIB), the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets, today announced its first quarter results for the period ended March 31, 2017. 1 st Quarter Results Highlights: Sustained …
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DUBAI, April 10 (Reuters) – Saudi Aramco’s board will meet in … Aramco has appointed international banks with access to Chinese investors to advise on the initial public offering (IPO) . The issue of Aramco’s IPO and a potential role for Chinese …
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The IPO was Dubai’s first since Dubai Parks & Resorts floated in December 2014, a transaction on which EMCAP was also Joint Global Coordinator and Joint Bookrunner. ENBD REIT’s offer was well over-subscribed with commitments from a mix of investors …
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Three UAE banks have announced plans to declare this week their financial data for the first quarter of the year 2017. The declaration, made by the Dubai Islamic Bank, Mashreq Bank and Union National Bank, listed on ADX, comes in line with the directives …
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