This 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 ...)

2017 Sees a Record High Number of IPOs in GCC

The third and final listing was by ENBD REIT fund on Nasdaq Dubai offering 94.6 million shares and raising proceeds of US$ 105 million. The fund invests in a diversified portfolio of Shari’a-compliant real estate assets in the UAE. The IPO is the first ... ( read original story ...)

UAE Skype block leaves small businesses frustrated

Continuing uncertainty over the use of Skype and similar internet calling services places a burden on the UAE’s small business community, threatening to undermine the country’s growing status as a business and entrepreneurship hub, ­according to local ... ( read original story ...)

Ex-Dubai Bank boss now faces fresh suit

Two companies and a businessman opened bank accounts at Dubai Bank then relinquished their control to the collapsed lender’s chairman Hassan Zubeidi -- a move that cost the bank’s savers Sh400 million. Court documents show that Kamp General, Kemu Salt ... ( read original story ...)

Is this Dubai wonder transforming the city?

Dubai: A video documenting the progress of Dubai’s construction has been released, with old footage depicting how far the city’s shape has changed with the modern architectural project of the Water Canal. Dubai Holding recently released the two-minute ... ( read original story ...)

Destination report: Abu Dhabi

This follows the opening late last year of the Marriott Downtown, and is the 12th Abu Dhabi property in the Marriott-Starwood portfolio – and the 47th in the UAE. Before the hotel’s spectacular opening festivities I talk to Alex Kyriakidis, Marriott ... ( read original story ...)

Dubai property prices down 20% on end-2015

Dubai property prices are now at levels not seen since late 2012 and early 2013 following an 18-month slide in values, according to listings site PropertyFinder. In a report, the company said median property sales prices in the emirate fell 20 per cent ... ( read original story ...)

In Dubai, F&B brands hit the malls and the roads

Dubai: “Even if you aren’t coming down to shop ... new concepts coming into being, and even in the business volumes being generated. In between new malls opening with their food courts, F&B brands are finding a home in communities. ( read original story ...)