Caxton Associates hired former Millennium Management money manager Sameer Garg for macro and cross asset volatility trading in Dubai, as part of an expansion in the city that’s emerging as a hub for hedge funds.
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Millennium Trader Scored $40 Million Windfall in Egypt FX PlungeMillennium Management, one of the world’s biggest hedge funds, made tens of millions of dollars when Egypt allowed its currency to weaken after a successful bet by one of its senior traders, people familiar with the matter said.
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Nakheel, Meydan Set to Become Part of Dubai Holding, Ruler SaysState-owned developers Nakheel and Meydan are to become part of Dubai Holding, according to the emirate’s ruler Sheikh Mohammed bin Rashid al Maktoum.
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LBank Labs and BlockNews host Web3 summit Dubai 2024 with DIFC and DMCC as official partnersThe highly anticipated 'Web3 Summit Dubai 2024' is scheduled to take place on April 16th-17th, 2024, at the prestigious Atlantis, The Palm...
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Dubai Royal Nephew Opens $500 Million Family Office in Hong KongSheikh Ali Al Maktoum, the nephew of Dubai ruler Sheikh Mohammed Bin Rashid Al Maktoum, is opening a family office in Hong Kong, one of the first high-profile international investors to respond to the city’s campaign to lure foreign capital.
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Yemen's rebels target Singapore-flagged ship in Gulf of Aden as US and allies down Houthi dronesDUBAI, United Arab Emirates (AP) — An attack by Yemen's Houthi rebels set off explosions ahead of a Singapore-flagged vessel in the Gulf of Aden, authorities...
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Saudi oil giant Aramco announces $121 billion profit last year, down from 2022 recordDUBAI, United Arab Emirates (AP) — Saudi oil giant Aramco on Sunday reported it made $121 billion in profit last year, down from its 2022 record due to lower...
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