What are investment funds.. and what are their advantages and classifications?

What are investment funds.. and what are their advantages and classifications?

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Abu Dhabi: Adnan Najm Investment funds are defined as investment vessels that collect the capital of a group of investors and manage it according to a specific investment strategy and objectives set by the fund manager to achieve investment advantages that the individual investor cannot achieve on his own in light of his limited available …

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Jazeera Airways shareholders approve 50% cash dividends

Jazeera Airways shareholders approve 50% cash dividends

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Kuwait: «Gulf» Jazeera Airways shareholders approved, during the Annual General Assembly, the Board of Directors’ recommendation to distribute cash dividends for the second half of the fiscal year 2022 at 50% of the capital, equivalent to 50 fils per share, with a total cash dividend of KD 11 million. The company had previously distributed interim …

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Talks between “A&” and “Careem” to invest in services beyond passenger transportation

Talks between “A&” and “Careem” to invest in services beyond passenger transportation

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Five informed sources told Reuters that Careem, a subsidiary of Uber, is in advanced talks with the E& Group to invest in its expansion outside passenger transportation services. Careem began looking for outside investors last year to help fund its app, SuperApp, which provides services outside its core ride-hailing business such as food delivery, bike …

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The UAE leads hotel performance globally during the first quarter of 2023

The UAE leads hotel performance globally during the first quarter of 2023

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Dubai: Anwar Daoud The hotel sector in the UAE recorded a strong continuous weekly performance, during the first quarter of 2023, and the UAE topped the global markets, in most weeks, in terms of weekly hotel occupancy rates, ranging from 82% to 91.8% since the beginning of 2023, according to S data. TR », specialized …

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The Central Bank: Inflation continues to decline to 3.2% this year

The Central Bank: Inflation continues to decline to 3.2% this year

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Dubai: Farouk Fayyad The consumer price index in the UAE recorded “inflation”, which is the lowest in the world at 4.8% during the past year 2022, which is in line with the global inflationary wave, so that inflation in the UAE approaches the expectations of the “Central Bank”, in which he indicated that it had …

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Carbon pricing schemes

Carbon pricing schemes

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Jayati Ghosh* There has been much talk over the past years about “carbon pricing”, at least in the developed world. But while global leaders and experts, most of them from rich countries, increasingly embrace the idea of ​​a “right price” for carbon, the concept remains vague and largely undefined. Worse, acceptance of the toxic gas’s …

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Agricultural Technology and Sustainability Year

Agricultural Technology and Sustainability Year

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Laith Al-Duwairi* Based on its firm commitment to sustainability, the UAE is blazing new development paths through its ambitious climate action initiatives. The wise leadership had defined the environmental vision 2030, and declared 2023 the year of sustainability, with large funds allocated to green resources with the aim of achieving net zero emissions by 2050. …

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The secret of economic growth

A new chapter between China and Russia

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Dr.. Abdul-Azim Hanafi* On March 20, Chinese President Xi Jinping visited Russia, and met Russian President Vladimir Putinin for the 41st time (on bilateral and international occasions). To draw together a project to develop bilateral relations and cooperation in various fields. This visit opened a new chapter in Sino-Russian economic relations. First, the energy deals. …

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Central banks should not be shy about weakening the economy

The future of gold trading in Dubai is brighter

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Muhammad Al-Ahmad * In conjunction with the recent rise in gold prices, we are looking forward to a bright future for its trade in Dubai. Many groups concerned with the development and success of the gold industry sector have recently been established, and accordingly, the Dubai Chamber has launched the following working groups: Gold Manufacturers …

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