The Dubai Gold and Commodities Exchange set up a link to London … but they’re eager to change that.” Tarricone will offer a hedge fund next month to bet on gold and other raw materials. Arion Investment Management aims to lure $500mn in funding.
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Legg Mason (LM) & Waddell & Reed Financial (WDR) Head-To-Head Contrast
Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform … Canada, Chile, China, Dubai, France, Germany, Italy, Japan, Luxembourg, Poland, Singapore, Spain, Switzerland …
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UAE to provide US$30 million financial support to United Nations
The UAE has announced its intention to make two financial donations to the United Nations; US$15 million to the United Nations Relief and Works Agency for Palestine Refugees in the Near East, UNRWA, to help in its basic programmes for Palestinian refugees …
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Interview: S&P Dow Jones Indices regional head on the Gulf markets
El Azzi says the company has had “a lot of discussions” regarding the IPO not least because of the weight it would … seeing it alongside Kuwait and the UAE as being among the biggest growth drivers in the vast region he oversees.
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Saudi market regulator approves Awazel IPO
Saudi Aramco, the world’s top oil producer, will also tap the equity markets next year, and may raise $100bn in the world’s largest-ever IPO deal when it sells less than a five per cent stake to the public. In the UAE, Abu Dhabi’s Adnoc plans to sell …
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Global Markets Steady Despite North Korea Threat
The IPO has a price band of Rs 685-700 per share … planning to acquire up to 20% stake in an oil field belonging to Abu Dhabi National Oil Company in UAE. According to the Oil India’s CMD, 20% stake will be a consortium of BPCL, ONGC Videsh Ltd, Oil …
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Popularity of Islamic banking products slumps in the UAE
The number of UAE consumers applying for Islamic banking products has declined since last year, according to a new study from yallacompare, the Middle East comparison website. Yallacompare data revealed during the first half of 2017 10.5 percent fewer …
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Now we can finally live like The Jetsons
Only when society “breaks free of the dead hand of the hedge-fund managers and CEOs” will “our imaginations … Airbus, Google and Toyota are also investing in flying motors, and in Dubai the authorities have announced trials of an air-taxi service …
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Dubai’s DIFC launches The Academy centre of excellence
Dubai International Financial Centre (DIFC) has announced the launch of The Academy, a state-of-the-art facility for the promotion of excellence in business and financial services. The Academy will form partnerships with leading business schools and …
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Financial regulators of Japan and Abu Dhabi Global Market cooperate on FinTech
UAE. The Financial Services Agency of Japan (‘FSA’) and the Financial Services Regulatory Authority (‘FSRA’) of Abu Dhabi Global Market (‘ADGM’) today announced the completion of a framework for co-operation to promote innovation in financial …
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Dubai hospital operator secures $100m financing deal
Dubai. The capital raised from the Shari’a-compliant syndicated finance will be used for the operation and expansion of the hospital complex, allowing Saudi German Hospital to offer more specialised treatments and services to its customers, a statement said.
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Accountant Finance Business Analyst (Leading FMCG Multinational) Excellent Career – FORTE ICT – Dubai Jobs
• Provide Accountancy Business Analysis requisite support to Director Finance in analyzing and monitoring key business metrics through regular interaction with Business Unit teams. • Participate in annual business planning exercise. • Monitor working …
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Brand survey reveals loyalty levels among UAE banks
published by London-based Brand Finance explores changing customer opinions across 22 markets. Based on feedback from 19,000 respondents, the report identifies those bank brands most likely to lose customers to the competition. In the UAE, 34 percent of …
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Dubai’s star rating system relevant for regulatory standards but less so for consumers
XVA Art Hotel Dubai general manager Moses Barnabas and Four Seasons Dubai International Finance Centre general manager Carlo Stragiotto as participants while CEO & senior partner of International Hospitality Consulting Group (INHOCO) Rupprecht Queitsch …
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Emirates NBD most trusted lender in UAE, Brand Finance Banking survey finds
Emirates NBD, Dubai’s biggest bank by assets, is the most trusted local lender in the UAE and has the most loyal customers, according to a survey by Brand Finance Banking. Bank clients surveyed by Brand Finance Banking, based in the UK, found that 74.6 …
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Why Real Estate Industries in Miami and UAE are Embracing Bitcoin
Inside Fintech Conference & Expo explores Fintech 3.0, including Blockchain technology and other decentralized solutions for financial processes, and its impact on the global financial ecosystem. Hear from the finance industry’s most forward thinking …
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Saudi regulator gives nod to Awazel’s IPO plans
Dubai: The Capital Market Authority (CMA) said on Thursday it has approved the Arabian Waterproofing Industries’ (Awazel) plan to offer 30 per cent or 8.1 million shares of the company’s share capital through an initial public offering. “A portion of …
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