Crypto hedge funds have exploded in popularity over the last year … Capital Funds Law Group has also advised funds in places such as Singapore and Dubai. While the group has advised a large number of funds, Lore said he has turned away many more …
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UAE insurers expect business uplift following Dubai tower blaze
UAE insurers are expecting a surge in residents buying home and contents insurance in the wake of Sunday’s Zen Tower fire in Dubai Marina. “We are definitely busier than usual with enquiries for home insurance since news of the fire, and this is a …
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United Arab Emirates Joins the Top 15 Most Powerful Passports in the World
UAE fastest growing passport in world … Arton Capital is a Canadian global financial advisory firm specializing in empowering governments in attracting foreign direct investments, global citizens and in providing strategic advice to developers and …
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Why Children Need to Learn Financial Literacy
Young entrepreneurs in Dubai were showcasing innovative products. The next generation is far ahead of mine when it comes to innovation. There is a still unanswered question in my soul. Is this new generation equipped with financial literacy? This cool and …
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Dubai Financial Market : ADX-DFM merger dream may be reborn – Analysts
Dubai – Mubasher:The idea of merging the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM) has been revived after five years of hibernation. Earlier in May, an informed source told Al Khaleej newspaper that the settlement of the …
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5 Tips to Quickly Get Rid of Debt in UAE
In times of necessity, and also luxury, a personal finance or credit card can provide a lot of support. Unfortunately, accessing easy credit can also lead to an error in judgement, and eventually excessive debt. For some years, debt has put both UAE …
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Nineteen UAE banks post AED 10.7 billion net profit during Q1
Of the 19 banks, seven banks listed on the Dubai Financial Market made net profits of AED 4.7 billion during Q1 2018, a growth of 27 per cent from 3.7 billion, during the same period last year and 12 banks listed on the capital’s bourse booked AED 6.00 …
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Dubai tops global real estate with 8pc rental returns
Dubai currently leads the global real estate sector in terms of investment locations among the major cities, with returns averaging 7-8 per cent per annum, compared to the best performing cities in the world, according to a report by Private Finance …
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Dubai index surges nearly 2%, Tadawul leads gains
The Dubai Financial Market General Index closed 1.89 per cent higher at 2,964.13. Dubai Islamic Bank closed 5.85 per cent higher to Dh5.07. Emaar Properties closed 2.16 per cent higher to Dh5.20. Emaar Development closed nearly 1 per cent lower to Dh5.30.
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Did the UAE have a chance at making the World Cup and blew it?
So why has the UAE not had that much success? Is it due to a lack of financial commitment to the team’s development? This lack of success could be due to several factors that can be mitigated with the right investments. World-famous Egyptian player …
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Expat remittances from the UAE up 17% in Q1
Remittances by expats in the UAE, mostly Indian workers, rose over 17% in the first quarter of this year. They remitted AED43.5 billion in the first three months of 2018 compared to AED37.1bn last year, reported Wam news agency based on figures by the …
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Report: Li rejected Milan bid
Both the club and owner are in debt to U.S hedge fund Elliott Management … Today La Repubblica is reporting that Li rejected a €450m bid from Dubai, thought to be Mohamed Al-Falasi, which would have settled the Elliott debt. Yonghong Li, Han Li …
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Fall in Dubai gold price continues today, time to buy?
22k gold in Dubai is priced at Dh147 and buyers can buy 24k for … fell 0.1 percent to 855.28 tonnes on Friday. Hedge funds and money managers cut their net long position in COMEX gold contracts by 21,294 contracts to 31,327 in …
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AI Trader – Cryptocurrency trading powered by Deep Learning and Artificial Intelligence
While hedge fund and cryptocurrency trading is becoming the highly utilized … AI Trader is developed by Middle-East’s largest cryptocurrency miners located in Dubai. They are a team of brilliant developers and researchers who envisioned the future …
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Trade, geo-politics worries add to downside risks in global markets
Dubai: The growing concern over geopolitics in Asia and Europe … in crude oil production caps in Russia and Saudi Arabia,” Vaqar Zuberi, Head of Hedge Funds at Mirabaud Asset Management said. “In light of these concerns, US and European bourses …
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NEWS HIGHLIGHTS
Bahrain distressed bonds targeted by US hedge fund Greylock Capital Management … and Ruler of the Emirate of Dubai said, “At today’s Cabinet meeting, we decided to allow 100 per cent foreign ownership of companies in UAE, with a 10-year visa for …
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Classics Revisited: Cecconi’s Mayfair
The stealth-wealth locations make a classy change from the restaurant groups that wantonly follow the big money to Dubai, Abu Dhabi … the galleries of Cork Street round the corner and a hedge fund hanging from every nearby office, Cecconi’s is one …
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