Actis Completes Deal to Take Over Two Abraaj Funds
Emerging-markets investor Actis LLP has completed its takeover of two Abraaj funds in a deal that will boost the firm’s…
Hedge Funds & Alternative Investments
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DLD signs deal with Al Masraf to manage OA accounts
Dubai Land Department, represented by its regulatory arm, Real Estate Regulatory Agency has signed an agreement with Arab Bank for…
Expanded Real Estate Ownership in Abu Dhabi
In the most significant change in real estate law in over a decade, Abu Dhabi has expanded eligibility for real…
Eastspring Raises $417 Million for Fixed Maturity Plan
Asian asset manager Eastspring adds to the ever-growing list of distribution success stories in fixed maturity plans, raising $417 million…
Investors in Saudi markets cautious as a $20bn wave crests
Investors are starting to tune out the noise of the billions of dollars that flowed into Saudi bonds and stocks…
Abu Dhabi’s US$697b wealth fund is hiring
In a world of diminishing returns, Abu Dhabi's top sovereign wealth fund is hiring as it boosts active management of…
FlexxPay Raises Seed Funding To Launch In The UAE
FlexxPay, a financial wellness platform, has raised an undisclosed funding from a group of individual and corporate investors to launch…
SHUAA Capital shareholders approve transformational transaction with ADFG at General Meeting today
SHUAA Capital has announced that it had concluded its shareholders’ General Meeting to approve the proposed transaction with Abu Dhabi…
8 large managers back SWF climate change framework
Eight money managers endorsed the One Planet Sovereign Wealth Fund Framework, set up by sovereign wealth funds that collectively manage…
Dubai Business Events secures 17% growth in event delegates
These events won in H1 2019, including conferences, meetings and incentives, are set to attract 75,288 delegates from around the…
Etihad becomes first airline in the Gulf to operate plastic-free flight
The UAE's flag carrier Etihad Airways has become the first airline in the Gulf region to operate a flight without…
GCC banks resilient to 'modest' geopolitical risks: S&P Global
Banks in the Gulf region are resilient enough and can absorb foreign funding outflows without liquidity support, if the Gulf…