ExodusPoint Capital Management hired three portfolio managers in Dubai as the multistrategy hedge fund builds out its operations in the Middle Eastern business hub.
Canaan Shines at Blockchain Life 2024 in Dubai
DUBAI, UAE, April 18, 2024 /PRNewswire/ — Canaan Inc. (Nasdaq: CAN), the creator of ASIC Bitcoin miners, captured the spotlight at the highly anticipated Blockchain Life 2024 event in Dubai, UAE, on …
Report of the independent auditor on summary financial information to Directors of Chubb Tempest Life Reinsurance Ltd. in respect of its UAE Branch
Established in partnership with the leading corporate service provider in the United Arab Emirates, Virtuzone … infrastructure costs, licensing, banking, and administrative services. With …
Dubai reels from floods chaos after record rains
Dubai’s giant highways were clogged by flooding and airport passengers were urged to stay away on Wednesday as the glitzy financial centre reeled from record rains.
Fime to Support Set Up of UAE’s Domestic Card Scheme (Jaywan)
Fime has been selected by Al Etihad Payments, a subsidiary of the Central Bank of the UAE, to play a key role in the establishment of the UAE’s domestic card payment scheme, named Jaywan. To support …
Dubai Metro rain aftermath: All the updates you need to know
If you live in Dubai and bank on the Dubai Metro for transportation, take note of this update which will affect your travelling plans. Dubai’s Roads and Transportation Authority took to their …
Binance obtains Dubai licence to target retail clients
Cryptocurrency exchange Binance said on Thursday it had secured a licence from Dubai’s regulator VARA that will allow the platform to target retail clients in addition to qualified and institutional …
Woman wheels dead uncle into bank to sign loan
A Brazillian woman was arrested after attempting to secure a loan from a bank with her dead ‘uncle’. VIdeo / GlobalNewsTube …
Dsquares unveils game-changing loyalty solutions at Loyalty Connect Global in Dubai
Cairo-based Dsquares empowers the loyalty market showcasing AI-enabled innovations and takes center stage at global event …
Briton living in Dubai says floods are ‘crazy’ as torrential rain hits region
A British man who relocated to the United Arab Emirates (UAE) has said the flooding in the region has been “crazy” as he described seeing cars “fully submerged” in water. Jake McCulloch, 24, who moved …
Hedge Fund ‘Pod’ Strategy Imitated by Pensions, Endowments
Pensions and endowments are borrowing from the playbook of giant multimanager hedge funds — and giving it a go themselves. Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens …
UAE grocery chain Spinneys to float on Dubai Financial Market
The company will open its first store in the Saudi Arabian market in La Strada, Riyadh, in the first half of 2024.
NBD Emirates, Mizuho Bank eye KKR’s stake in Avendus Capital
Mizuho Bank and NBD Emirates frontrunners to acquire KKR’s stake in Avendus Capital valued at $430-450 million.
‘Absolute carnage’ – Dubai airport and roads flooded as heaviest rain ever recorded in desert nation of UAE
Heavy thunderstorms lashed the United Arab Emirates on Tuesday, dumping the heaviest rain ever recorded in the country in the span of hours as it flooded out portions of major highways and Dubai’s …
Hedge Fund ‘Pod Shop’ Strategy Imitated by Pensions, Endowments
Pensions and endowments are borrowing from the playbook of giant multimanager hedge funds — and giving it a go themselves. Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens …
Dubai roads, airport reel from floods after record rains
Dubai’s giant highways were clogged by flooding and its major airport was in chaos as the Middle East financial centre remained gridlocked on Wednesday, a day after the heaviest rains on …
Dubai real estate: Emirates REIT’s property income jumps 10% to record $74mn
Occupancy rates across Emirates REIT’s diversified portfolio of commercial, retail, and educational properties in Dubai rose 1.7 percentage points to 86 percent in 2023. Passing rental rates increased …