LATEST NEWS

UAE removed from money laundering grey list

The Financial Action Task Force (FATF), the global watchdog for dirty money, has removed the UAE from its 'grey list' of countries deemed at risk of illicit money flows. The move hands the UAE a significant boost in its bid...

FAB to launch post-trade platform for asset managers

First Abu Dhabi Bank (FAB) is planning to launch a post-trade platform designed to cater for asset managers in the Mena market. The platform, called...

Mubadala and Goldman form $1bn private credit partnership

Abu Dhabi-based sovereign wealth fund Mubadala has struck a US$1 billion deal with Goldman Sachs Asset Management to pursue private credit deals in Asia. The...

SNB Capital launches oil and gas fund

Saudi-based asset manager SNB Capital has announced plans to launch a sharia-compliant US$230 million fund that will invest in ‘top-tier’ oil and gas fields...

Fiera Capital opens Abu Dhabi office

Canadian asset manager Fiera Capital has expanded its presence in the Middle East after opening an office in Abu Dhabi. The new business, based in...

Digital assets firm gets initial approval in Dubai

DKK Partners, a fintech based in Dubai, has secured initial approval from the Virtual Assets Regulatory Authority (Vara) in Dubai. The approval allows DKK to...

BNY Mellon wins Lunate fund admin mandate

Lunate Capital, the Abu Dhabi-based alternative fund manager, has selected BNy Mellon as its fund administrator. US-based asset servicer BNY Mellon will provide global custody,...

OUTSOURCING

Transitioning to a new financial services provider can be a daunting prospect, but our research indicates that priorities around technology and scalability are increasingly driving managers to switch.

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INSIGHTS

A growing universe of emerging market debt

Emerging market debt (EMD) is often considered a homogenous block, but within this seemingly uniform landscape lies a very large opportunity set. Understanding the nuances within the hard and local currency segments of the EMD universe are...

Climate finance: Why green initiatives are soaring in the Middle East

From a standing start 15 years ago, the market in green bonds has reached $2 trillion. The Middle East, meanwhile, is on the course to becoming one of the world’s most influential renewable-energy regions. The milestone figure was...

Interview: Saudi Arabia advances women and youth, says CEO

A year into her role as Saudi Arabia head for Northern Trust asset servicing, Kholoud Al Dosari talks to Laraib Shahid about diversity in the Kingdom. It’s almost a year since Kholoud Al Dosari was appointed to the...

Sponsored feature: Cryptos gaining ground in the Middle East

Between 1 January 2021 and 30 October 20211, the market capitalisation of cryptocurrencies tripled. That's when Bitcoin surpassed the famous $60,000 threshold. Unfortunately, the first eight months of 2022 wiped out this dramatic rise. The recent "incident"...

LATEST MAGAZINE ISSUES

CLIMATE INVESTING

BNY Mellon wins Lunate fund admin mandate

Lunate Capital, the Abu Dhabi-based alternative fund manager, has selected BNy Mellon as its fund administrator. US-based asset servicer BNY Mellon will provide global custody,...

UAE climate fund to invest $250bn by 2030

Alterra, the US$30 billion climate fund launched during the COP28 climate conference, is set to mobilise $250 billion of funds by 2030, according to...

Mashreq preps carbon offsetting platform

Oman-based Mashreq is the latest financial institution in the Mena market to take a step into the carbon trading market. The firm has signed a...

Cop28: All eyes on finance and climate action

From the usual suspects to lesser-discussed challenges and untapped opportunities, fund managers await Cop28 to unfold, writes Piyasi Mitra.  As the countdown to Cop28 commences, with...