Shuaa ex-deputy CEO eyes $1.3bn target with new asset management firm
The region’s asset management industry has grown by 11 percent, from $1.1 trillion of assets under management (AUM) in 2019…
Hedge Funds & Alternative Investments
12537 articles found
Dubai's Gulf Islamic Investments to acquire stake in Saudi healthcare firm
Dubai-based Gulf Islamic Investments (GII) will acquire a stake in a healthcare company in Saudi Arabia for $600 million as…
Dubai's Emaar hires Emirates NBD for sale of e-commerce business Namshi – sources
Dubai's Emaar has picked Emirates NBD to advise it on the sale of fashion e-commerce business Namshi, sources said. …
Mashreq, DAFZA sign MoU to boost SME growth
Mashreq Bank has signed a Memorandum of Understanding (MoU) with Dubai Airport Freezone Authority (DAFZA) to support and grow the…
Zurich in the Middle East rebrands with new website to connect better with customers
Zurich International Life in the Middle East (Zurich), part of Zurich Insurance Group, one of the world’s largest and most…
Morningstar IM appoints Mike Coop as CIO for EMEA
Morningstar Investment Management Europe has promoted Mike Coop to chief investment officer for EMEA, succeeding Dan Kemp who was recently…
Quantuma launches in the Middle East with new UAE office
British business advisory firm Quantuma has launched an office in the Middle East, its fourth internationally. The new regional…
Sukuk issuance will drop in 2021 as finances of Gulf countries improve
After five consecutive years of growth, global sukuk issuances will be flat or slightly lower this year as higher crude…
Saudi Arabia’s PIF hires 5 banks for ESG panel on green finance push
Saudi Arabia’s Public Investment Fund, has hired five banks to be members of an environmental, social and governance panel for…
Boursa Kuwait launches ESG reporting guide to drive corporate sustainability in financial markets
Solidifying its position as a leading advocate for Environmental, Social and Governance (ESG) reporting and implementation, Boursa Kuwait launched its…
First Abu Dhabi to Sell Stake in $1B Payments Unit
First Abu Dhabi Bank (FAB), a public joint stock company and the largest bank in the United Arab Emirates (UAE),…
Dubai International Financial Centre continues strong growth in H1 2021
Strong H1 performance reinforces Dubai’s status as a leading global financial centre DIFC has achieved its ‘2024 Strategy’ growth targets…