Fund Manager Trains Algos to Copy His Brain

who previously traded for billionaire Steven Cohen and hedge fund York Capital Management, says the algorithms will be ready to help run money for clients of his own investment firm, Q2Q Capital. Yesilhark, who will run the fund from Dubai and London ... ( read original story ...)

Gold prices remain steady, 24k in Dubai priced at Dh150

DUBAI: Gold held steady early Monday ... fell 0.14 percent to 852.50 tonnes on Friday from 853.68 tonnes on Thursday. Hedge funds and money managers reduced their net long positions in COMEX gold and silver for the third straight week in the week to ... ( read original story ...)

Short on down payment to finance your property in Dubai?

Since the implementation of the UAE Central Bank's mortgage cap in 2013, buying a property has become harder. The mortgage cap required buyers to put down larger deposits against new purchases. This has had a big impact on first time buyers but as expected ... ( read original story ...)

GEMS Education reportedly weighing up IPO valued at $4bn

The Dubai-based international schools giant GEMS Education could be gearing up for an initial public offering valued at as much as $4bn and as early as next year, it has been reported. GEMS Education could launch an IPO as soon as next year, sources have said. ( read original story ...)

Dubai’s Emirates working to get out from under US laptop ban

DUBAI, United Arab Emirates — The Middle East’s biggest airline says it is working to implement increased security measures in response to U.S. demands to reverse a ban on laptops and other electronics onboard its U.S.-bound flights. Dubai-based ... ( read original story ...)