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DMCC’s Uptown Dubai project in progress

DUBAI / WAM DMCC, the world’s flagship Free Zone and Government of Dubai Authority, and master developer of Jumeirah Lakes Towers, on Sunday announced that the construction of Uptown Dubai is proceeding at pace with the completion of piling and raft works for the first super tall tower at the district. The last few months have seen more than 150 ...

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UAE-based female entrepreneurs join UK training

SHARJAH / WAM Thirteen UAE-based female entrepreneurs have started their social entrepreneurship training journey with the pilot edition of Badiri Social Entrepreneurship Programme (BSEP), which kicked-off in the UK. BSEP is the brainchild of Sharjah-based NAMA Women Advancement Establishment’s education and capacity building arm, Badiri Education and Development Academy, and the School for Social Entrepreneurs (SSE). Through their collaboration on ...

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Hedge funds in pain watching ‘S&P 500 rally’ they’ve missed

Bloomberg US stocks are vaulting back to all-time highs. But the smart money isn’t celebrating. Instead, they’re nursing pain. Hedge funds have seen returns dwindling even as the S&P 500 Index marches forward in what has become, by some measures, the longest bull market ever. An index tracking the performance of funds focusing on equities has fallen in five of ...

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