Abu Dhabi Financial Group offers revised bid for Abraaj's ME funds
Abu Dhabi Financial Group (ADFG) has submitted a revised bid to acquire the management rights for the Middle East funds…
Hedge Funds & Alternative Investments
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Shinhan-led banks grant loan to Afreximbank
Shinhan Bank and other local banks have issued a syndicated loan worth $150 million to Egypt-based African Export-Import Bank (Afreximbank)…
Boursa Kuwait launches educational portal for capital markets knowledge
Boursa Kuwait has announced the launch of a new, free of charge digital education portal, ‘Boursa Academy Online’, aimed to…
How Kuwait is transforming into a business powerhouse
Kuwait has earned the right to occupy its rightful place in regional business, despite issues the country needs to face…
Aberdeen Standard hires ex-BlackRock retail sales chief
Aberdeen Standard Investments has hired former BlackRock retail sales head Alex Hoctor-Duncan to bolster its distribution capabilities. Hoctor-Duncan joins…
Wealth Funds Looking for Glamour in Benko's Luxury Estates
Austrian real estate investor Rene Benko is in talks with the sovereign wealth funds of Norway and Abu Dhabi to…
National Fund set to buy IDFC infra debt fund
The National Investment and Infrastructure Fund (NIIF), in which Abu Dhabi Investment Authority and Temasek are investors, is close to…
Abu Dhabi Ports, Kizad in China to woo investors
A high-level delegation from Abu Dhabi Ports and Khalifa Industrial Zone Abu Dhabi (KIZAD) recently visited Nanjing, China, to discuss…
Saudi Arabia's sovereign wealth fund raises $11 bln loan with 15 banks -Maaal
Saudi Arabia’s sovereign wealth has raised an $11 billion loan from a total of 15 banks, the Maaal financial news…
Wealth management by algorithm
Sarwa, the first regulated investment advisory platform in the region, aims to disrupt traditional, expensive investing strategies. The firm has…
Qatar- Kuwait market emerges as new darling of investors
Once overshadowed by its bigger neighbours in the Gulf, Kuwait's market has emerged as the new darling of global investors. …
Egyptian real estate startup Aqarmap raises funding
Egypt-based online real estate marketplace Aqarmap has closed a funding round to solidify its leadership position a home and expand…