Evli pushes distribution to Middle East
Evli Fund Management Company Ltd has expanded its distribution of fund products to the Middle East. To promote and…
Hedge Funds & Alternative Investments
12502 articles found
Abraaj posts $188 million loss after using investor funds, says PwC
PricewaterhouseCoopers and Deloitte were hired as the provisional liquidators of Abraaj. Abraaj Holdings had an “unusual” business model reliant on…
UAE's Mubadala said to be in talks with potential Cepsa bidders
Mubadala Investment Co is holding talks with potential bidders for its Spanish oil company Cepsa Trading as it weighs alternatives…
Saudi representatives meet Taiwan bond investors in non-deal roadshow: sources
Saudi Arabian government representatives were in Taiwan last week to meet bond investors in a so-called "non-deal roadshow", sources familiar…
String of UAE firms disclose exposure to Abraaj Group
First Abu Dhabi Bank, the UAE's largest lender, as well as conglomerate Al Qudra Holding and venture capital firm Waha…
Waha Capital plans to hire for new fund targeting US and Europe
Abu Dhabi investment firm Waha Capital plans to hire more people as it seeks to start new funds, one of…
Benson Oak Sets Up Dedicated Investment Fund for Israeli Market
Prague-headquartered investment banking firm Benson Oak is setting up a dedicated investment fund for the Israeli market, the firm announced…
Gulf sovereign wealth funds pledge to fight climate change
Six sovereign wealth funds including four Gulf states have pledged to boost efforts to fight climate change at a Paris…
Dubai's Emirates NBD raised around $52mln for Saudi equity fund: officials
Emirates NBD, Dubai’s largest lender, is planning to focus on exploring equity investments in Saudi Arabia and Egypt between now…
Investing In The Frontier
In 2014, frontier markets had a brief moment in the sun, as high-flying returns from smaller, riskier countries like Vietnam…
Union Properties to issue AED 500 million Sukuk
UAE-based Union Properties’ (UPP) has announced that the board of directors approved the issuance of AED 500 million Sukuk. …
Lawyer: Dubai’s troubled Abraaj nears out-of-court settlement
A lawyer for the founder of embattled Dubai-based private equity group Abraaj said Thursday it is close to an out-of-court…