Dubai: For decades, Dubai has been a beacon of hope and tolerance for thousands of merchants and families who have prospered here. This legacy of being a hub for fairness, openness and multiculturalism, which it has preserved to this day, is being seen as …
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Historic documents give insight into early Dubai
Adviser of Museum and Heritage Affairs and chairman of the Board of Directors office at Dubai Culture, told Gulf News. This port was located near the Ruler’s Court back then on Dubai Creek. The Hamal Bashi was the person in charge of furdhah — he …
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Dubai named as hottest real estate investment market for 2017
Cluttons’ Middle East’s Private Capital survey revealed that Dubai had overtaken London as the most attractive … To illustrate the current state of alternative assets around the globe including hedge funds, real estate, managed futures, commodities …
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Hedge funds trim bullish bets on USA crude ahead of OPEC deal
Strength in Middle East crude benchmark Dubai may also further narrow its price gap against Brent, leading Asia refiners to buy more oil from the Atlantic Basin and the Americas, traders said. West Texas Intermediate for January delivery rose 5 cents to $ …
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Bad times ahead for public pension, insurance investors
Dubai: A significant number of institutional investors expect … increased target allocations to private equity and real estate. Overall, the appetite for hedge funds is seen receding with over a quarter of LPs planning to reduce their target allocations …
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MIDEAST STOCKS-Egypt hits record high, Qatar buoyed by $44 bln bank merger plan
DUBAI, Dec 20 Egypt’s blue chip stock index surged to a record … and up a spectacular 73.4 percent since the start of the year. Shares favoured by foreign funds were the top performers, with Global Telecom Holding leaping 12.9 percent.
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MIDEAST STOCKS-Egypt surges to fresh eight-year high, Gulf markets diverge
DUBAI, Dec 19 Egypt’s stock index surged 3.1 percent in … because it makes prices more attractive for foreign investors, and may drive local funds into stocks as a hedge against inflation. “The dollar rate is keeping up the appetite” for stocks among …
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100 Women In Finance Open the Market
Founded in 2001,100 Women in Finance (100WF), formerly 100 Women in Hedge Funds, has grown to an association of more … Singapore, Hong Kong, Dubai and Toronto. For further information: please visit www.100women.org
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US equities set to outperform other asset classes
Vijay Harpalani, fund manager at Al Mal Capital in Dubai, said 2017 appears to be another challenging … “Gold is perceived as a hedge against inflation and geopolitical uncertainty. Until mid-2016, gold prices were up 29 per cent, but after Trump …
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The Indian e-commerce wave is far from over
BigBasket raised $150 million in March from an investor consortium led by Dubai’s Abraaj Group … And, the fact that the biggest investor in the company, New York-based hedge fund Tiger Global Management, seems to have taken a back seat in its ongoing …
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UAE online-savvy shoppers ready to pay more for same day delivery
Technology is changing not just how consumers shop … is a well-connected Indian journalist and an economic and financial commentator. He has been in the UAE’s mainstream journalism for 35 years, including 23 years with Khaleej Times.
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UAE’s healthcare sector feels a bit of chill
DUBAI: The UAE’s healthcare sector has caught a bit of chill — and it’s nothing to do with the weather. After five years of strong double-digit growth when clinics and specialty hospitals were either opening in every neighbourhood or being announced …
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UAE indices trade sideways amid dull volumes
UAE markets witnessed sideways movement on Tuesday amid dull volumes, as traders readied for holidays next week. The Dubai Financial Market general index closed 0.75 per cent lower at 3,505.18. Volumes fell to Dh314 million compared to over Dh1 billion …
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UAE land of ‘cultural miracles’, ex-UK minister says
Abu Dhabi: Shahid Malik, former UK Minister of Justice in the UK, called UAE a land of “cultural miracles”, pointing out that the peace that exists among diverse groups in the country is remarkable. Malik was addressing the Forum for Promoting Peace in …
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Expats in Berlin, travelers from UAE ‘unfazed’ by attack
Besides many holidaymakers also consider the incident as isolated. “We have European corporate clients from UAE who are there right now and we were told that it’s business as usual for them,” said Premjit Bangara, general manager for travel at Sharaf …
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Revealed: Cyber attacks that hit UAE in 2016
Dubai: While businesses are investing more in cyber security … and their victims seen in 2016 has put the subject of better detection at the top of the business agenda. Detection is now a complex process that requires security intelligence, a deep …
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UAE Embassy urges Emiratis to avoid crowds after Berlin attack
The UAE Embassy in Berlin has advised Emiratis in the German capital to avoid crowded places following a suspected terrorist attack on Monday evening. A lorry drove into the Berlin Christmas market at around 8pm killing at least 12 people and injuring …
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