Singapore-based cryptocurrency trading firm QCP Capital and Further Ventures on Wednesday announced in Dubai a partnership to expand into the Middle Eastern markets by offering new digital-asset financial and derivatives product offerings. QCP said that it plans to open an office in Abu Dhabi, while Further Ventures will use its broker-dealer license and custodial platforms
Last month, Hong Kong-based hedge fund Infini Capital Management opened an Abu Dhabi office after receiving in-principle approval from Abu Dhabi’s Financial Services Regulatory Authority (FSRA) to establish a presence there, according to the company. This would set the stage for it to become the first Asian hedge fund manager in the Abu Dhabi Global
(Bloomberg) — Abu Dhabi officials are quietly orchestrating a fresh package of perks they hope will help propel the city up the ranks of the world’s biggest financial centers, from helping traders obtain coveted school admissions for their children to assisting them with securing memberships at country clubs. Most Read from Bloomberg While the city’s
Abu Dhabi is setting up a technology investment firm targeting deals in artificial intelligence and semiconductors that could surpass $100 billion in assets under management in a few years, according to people familiar with the matter. Abu Dhabi’s new investment firm focusing on AI and semiconductors could surpass $100 billion in assets under management. {{^userSubscribed}}
New Delhi: A majority of World Trade Organization (WTO) members rejected the China-backed group’s proposal on investment facilitation for development, saying it could only be done by consensus, some non-government advocacy groups have said. This vindicates the stand of India and South Africa against any such move that is not on the table at WTO