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Tag: hedge fund

Posted on 12/03/2018

Are UAE banks really on the ‘path to profitability’?

READ: Who made the 30 under 30 list? Primarily, the data reveals that, in spite of increasing costs, the country’s four biggest banks – ADCB (Abu Dhabi Commercial Bank), DIB (Dubai Islamic Bank), Emirates NBD and FAB (First Abu Dhabi Bank …
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Posted on 12/03/2018

UAE Central Bank jobs for Emiratis at career event

The Central Bank of the UAE has announced its participation in the upcoming 2018 Careers UAE exhibition, a national platform that connects Emirati jobseekers with employers looking for local talent. Set to run from March 13-15 at the Dubai World Trade …
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Posted on 12/03/2018

ADCB Participates in Careers UAE 2018

Abu Dhabi Commercial Bank “ADCB” announced its participation in Careers UAE Exhibition 2018 to be held at Dubai World Trade Centre from13th to 15th March, 2018 under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice …
( read original story …)


Posted on 12/03/2018

Mashreq Bank to participate in Careers UAE

Mashreq Bank, the UAE’s leading financial institution, will continue its efforts to foster the growth of Emirati talent through its participation in Careers UAE 2018. Taking place at the Dubai World Trade Centre from 13-15 March, this marks the 18th …
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Posted on 12/03/2018

Dubai’s Emirates NBD plans capital hike ahead of possible acquisition

Emirates NBD plans to raise its share capital by up to Dhs7.35bn ($2bn) through the issuance of new shares, as Dubai’s largest lender prepares to bid for Turkey’s Denizbank. The bank said in January it had started initial strategic talks with Sberbank …
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Posted on 12/03/2018

UAE- Why continuous training is vital to the banking and finance sector

(MENAFN – Khaleej Times) Knowledge is key to successful people in all industries. But I would argue the banking and financial services landscape is among the few professions in the world, where a constant refresher of knowledge is not just integral to one …
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Posted on 12/03/2018

Dubai’s Sobha Group aims to double annual sales to Dh2.5bn, mulls IPO

Sobha Group, the property developer building the $4 billion Sobha Hartland scheme in Dubai’s Mohammed bin Rashid City, and District One with Meydan Group, plans to double its annual sales volume to Dh2.5 billion by mid-2020, as it consolidates its market …
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Posted on 11/03/2018

Experts Discuss Impact of VAT on Banking and Finance at EIBFS Conference

In the banking and finance services industry, VAT impacts all corporates and small-and-medium enterprises, making it an important for all financial institutions to understand.” After speaking in a session entitled, ‘An Overview of UAE Vat Law’ during …
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Posted on 10/03/2018

Investors pursue Dubai rogue financial adviser in court as more victims come forward

Investors who lost hundreds of thousands of dirhams in schemes run by an unlicensed financial adviser have launched a civil case to claim their money back, as more victims came forward claiming they were misled. The legal action is being pursued in Dubai …
( read original story …)


Posted on 10/03/2018

UAE’s Mubadala said to seek financing for Brazil gas pipeline bid

Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
( read original story …)


Posted on 10/03/2018

Saudi Aramco IPO could be delayed to 2019 – minister

The IPO is the cornerstone of Prince Salman’s economic program … Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Posted on 09/03/2018

Doha Bank Wins ‘Best Local Bank in Qatar’ Award

Doha Bank was named the ‘Best Local Bank in Qatar’ by the EMEA Finance Middle East Banking Awards 2017 at a ceremony in Dubai recently, the bank said in a press statement on Tuesday. The award, which marked Doha Bank’s contributions towards strengthening …
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Posted on 08/03/2018

Assistant Finance Manager – Investment – Black Pearl Management and Human Resource Consulting LLC – Dubai Jobs

hedge funds, private equities (direct & indirect), co-partnerships, structured products, etc.Supervising accounts department of real estate division with Leasehold developments, Property development, Asset management and other Real estate businesses …
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Posted on 08/03/2018

Creditors look to sell Saudi Arabia’s Al-Gosaibi debt on rising price -sources

DUBAI, March 8 (Reuters) – Bahrain-based Gulf International … Reuters was not able to confirm the buyer of GIB’s debt, but sources said hedge funds and other traders specialising in distressed debt have shown an increased interest in AHAB and Saad …
( read original story …)


Posted on 08/03/2018

Martin Shkreli must forfeit $7.4 million, including infamous Wu Tang album

Black Panther lives up to the hype Asa Asika and his girlfriend, DJ Cuppy have rented out a cinema in Dubai to see Disney/Marvel box office … shouldn’t have to forfeit anything because the hedge fund investors actually ended up making a profit from …
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Posted on 08/03/2018

Stream It Or Skip It: ‘Living Biblically’ On CBS, A Sitcom Where A Guy Decides To Take The Bible Literally

Opening Shot: A shot of a skyline resembling Dubai or Abu Dhabi, with a Mercedes driving down … The Gist: Alex Godman (James Norton) is a banker in control of a well-regarded hedge fund with his name on it. He considers himself British, having been …
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Posted on 08/03/2018

55% of UAE Homebuyers Look to Finance Their Homes

The sharp rise to 55% of buyers financing their home is a sign of maturity in the UAE real estate market, as more and more residents take advantage of low borrowing costs to buy a property. Indeed, the pendulum officially swung from majority cash-buyers to …
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