Sovereign wealth funds start to cool on private equity
Some sovereign wealth funds have started to trim their exposure to private equity because of growing fears that rising competition…
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NBB completes first phase of AWS Cloud adoption
National Bank of Bahrain has announced the successful completion of the first phase of its cloud adoption with the migration…
Ajman Bank reports 53% Q2 profit rise as fee and investing income climbs
Ajman Bank on Sunday reported a 53 per cent rise in its second-quarter net income as impairment charges dropped and…
Northern Trust AM appoints new Head for EMEA
Northern Trust Asset Management has appointed senior leader Marie Dzanis to head its business across Europe, Middle East and Africa.…
Is private debt set to shake-up MENA’s real estate?
Private debt is starting to emerge as a contender to traditional commercial bank lending in the Middle East’s real estate…
Bahrain to host regional pensions conference
Supreme Council for Health President Lt-General Dr. Shaikh Mohammed bin Abdullah Al Khalifa, the Chairman of Al Hikma Retirees Society,…
UBF to develop banking experts' profession
The UAE Banks Federation (UBF) has continued its collaboration with the Ministry of Justice (MoJ) and the Central Bank of…
Qatari cash expands wealth firm tied to Hong Kong real estate
London-based wealth manager LJ Partnership is eyeing a global expansion. Dilmun — a family office in New York that…
EU lawmakers back plan for European Investment Bank work in Iran
EU lawmakers gave approval on Wednesday for the European Investment Bank (EIB) to do business in Iran, overcoming a blocking…
6 major wealth funds agree to encourage greener economy
The sovereign wealth funds of major oil-producing countries have agreed upon a common roadmap to encourage investments toward a greener…
Bank Muscat unveils new digital banking services for corporates
Oman-based Bank Muscat has reinforced corporate banking services by advancements in digitalisation and technology, reported a local daily Oman Observer.…
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…