Dubai sees 72% one-year rise in hedge funds

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By Will Wainewright
Photo: Unsplash

More than 85 hedge funds now have an office in Dubai, a 72% rise in the 12 months to midyear, according to figures from the financial centre.

The DIFC said it had been a record first six months in terms of fresh activity with a 25% rise in new business registrations (not just hedge funds).

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