Category Archives: Business & Investments

Business & Investments

DIFC and leading global hedge fund Verition, launch search for world-class interns

Dubai, UAE 4 March 2025:  Verition Fund Management LLC (“Verition”), a leading global multi-strategy hedge fund, today announced the launch of its inaugural internship programme for its office in Dubai, in collaboration with Dubai International Financial Centre (DIFC).

DIFC’s inaugural Future of Finance report (released in February 2024), which was developed using network-based research and discussions with leaders from the industry including Verition, identified the importance of overcoming potential talent shortages by attracting and retaining professionals through competitive compensation, continuous training programmes and partnerships with educational institutions.

Continue reading DIFC and leading global hedge fund Verition, launch search for world-class interns →
Business & Investments

Expanding New Markets in Line with Dubai’s Economic Agenda

AEEDC Dubai and CADEX Sign Collaboration Agreement to Strengthen Global Partnerships and Ensure Mutual Support

Dubai Derma partners with Cosmoderm to Strengthen Global Ties and Enhance Mutual Support

Dubai, UAE- March 5th 2025: Significant collaboration agreements have been signed between INDEX Conferences & Exhibitions, the organizer of AEEDC Dubai and Dubai Derma, and the organizers of CADEX (Central Asia Dental Expo) and Cosmoderm (part of Beauty Expo Central Asia) during AEEDC Dubai 2025. CADEX and Cosmoderm are two annual events held in Almaty, Kazakhstan. The collaboration agreements were signed by Tariq AlMadani, CEO of INDEX Conferences & Exhibitions and INDEX Design, Nursulu Kossuvalova, General Manager of CADEX, and Saule Nursapayeva, General Manager of Cosmoderm EXPO.

Continue reading Expanding New Markets in Line with Dubai’s Economic Agenda →
Business & Investments

IBPC Drives Global Business Growth with Impactful Select USA Event, Strengthening India-UAE-US Ties.

IBPC Drives Global Business Growth with Impactful Select USA Event, Strengthening India-UAE-US TiesIn Partnership with the US Consulate Dubai, IBPC Unveils New Opportunities for Indian Businesses to Expand in the US Market

Dubai, United Arab Emirates

The Indian Business & Professional Council (IBPC Dubai) recently hosted a landmark event as part of its Business Connect Series, focusing on the opportunities offered by the U.S. market for Indian businesses.

In collaboration with the U.S. Consulate in Dubai, this event centred around the SelectUSA initiative, which aims to help foreign companies expand their operations in the U.S.

Continue reading IBPC Drives Global Business Growth with Impactful Select USA Event, Strengthening India-UAE-US Ties. →
Business & Investments

Deem Finance and J.P. Morgan partner with a milestone $400 million securitization facility to support consumer and SME lending in the UAE

Dubai, March 2025: Deem Finance LLC (“Deem”), a Gargash Group company and a leading consumer finance provider regulated by the UAE Central Bank, has partnered with J.P. Morgan in a pioneering asset-backed securitization (ABS) to support its lending activities for consumers and SMEs. J.P. Morgan will be providing up to $400 million through a senior revolving facility backed by a diversified pool of receivables originated by Deem across various asset classes. The transaction is structured to provide significant flexibility, allowing funding to adjust to growth in the portfolio size and composition to support Deem’s dynamic growth strategy.

Continue reading Deem Finance and J.P. Morgan partner with a milestone $400 million securitization facility to support consumer and SME lending in the UAE →
Business & Investments

Emirates NBD becomes the first bank in the MENA region to publish an independent ISSB report aligned with IFRS S1 and S2

Reaffirms Group’s leadership in sustainability and demonstrates commitment to transparency and accountability in sustainability reporting  

Dubai, UAE, 4 March 2025: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has set a new benchmark by leading the way in transparency and accountability with the publication of its first independent Emirates NBD Group 2024 IFRS S1 and S2 report (“ISSB Report”) for the year ended 31 December 2024. The ISSB Report includes assurance of financed emissions and comprises of the sustainability-related financial disclosures and climate-related disclosures for the Group and all its subsidiaries.

Continue reading Emirates NBD becomes the first bank in the MENA region to publish an independent ISSB report aligned with IFRS S1 and S2 →