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Adic’s USD 1 bn bet on Dymon Asia Capital is its third major hedge fund allocation this year
Adic is looking to build USD 15 bn worth of exposure to global hedge funds
Hong Kong and Turkey are both making a play for the wealthy expats London and the Gulf are losing
Dubai and Abu Dhabi's safe-haven status has taken a hit — and Istanbul and Hong Kong both see an opening
Cantor hires fresh faces for Abu Dhabi office
The team will be led by former Stifel executive Tom Goodale
AI is helping cybercriminals swarm the UAE's financial sector
Attackers are producing near-perfect copies of real communications — and banks may not be the softest target anymore
Arab Bank Switzerland opens up in Dubai + Dubai Residential REIT buys AED 894 mn cluster
The private banking group’s DIFC presence will focus on entrepreneurs, family offices, and HNWIs
How a USD 1.1 bn shipping sale became the UAE's largest homegrown hedge fund
Magellan Capital launched with family money and a conviction that the UAE's mid-market was chronically underserved
Magellan Capital launches asset-backed SME fund, targets USD 250 mn in AUM
The fund is the first institutional open-ended vehicle of its kind in the Gulf
Why does the UAE care about stablecoins?
Business and retail use cases range from faster, less costly remittances to helping businesses repatriate funds from developing markets
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