Nik Pratt

About the author

Dubai Holding hires new CEOs

A former Goldman Sachs banker has been appointed as the chief executive of Dubai Holding, the investment vehicle of the emirate’s ruler Sheikh Mohammed...

UK court rules on Dana Gas sukkuk case

A high court judge in the UK has ruled in favour of investors holding $700 million of Islamic bonds (sukuk) issued by UAE-based energy...

Investbridge advises Dubai Investments on Africa transaction

Alternative asset management advisory firm Investbridge Capital has helped to arrange a $20m investment by conglomerate Dubai Investments into Africa Crest Education Holdings (ACE). Dubai...

Investcorp posts 16% jump in net income for H2 2018

Bahrain-based alternative investment manager Investcorp has reported a 16% increase in its net income for the last six months of 2018, also the first...

Saudi SWF to buy stake in energy company

Saudi Arabia’s sovereign wealth fund is reportedly in talks to acquire a 10% stake in Saudi energy firm Acwa Power International, according to a...

UAE watchdog issues cryptocurrency warning

The United Arab Emirates’ financial regulator has warned investors about the risks of cryptocurrency and initial coin offerings (ICOs) following a volatile few weeks...

Abraaj denies misuse of healthcare fund

Dubai-based private equity firm Abraaj Group has denied accusations that it misspent funds intended for a number of healthcare projects in South Asia and...

Mumtalakat purchases Lenovo office in US

Bahrain’s sovereign wealth fund, Mumtalakat Holding Company, has partnered with US-based Sentinel Real Estate Investment Corporation to acquire the US campus of computer manufacturer...

Bank of Singapore targets Dubai’s private wealth market

The Bank of Singapore is planning to add 25 private bankers in its Dubai office as a part of a campaign to target non-resident...

DFSA publishes results of thematic review

The Dubai Financial Services Authority (DFSA) has issued the findings of its review into client classification and suitability practices at regulated firms and found...

SWFs to turn to alternatives: PwC

Alternative investments now make up almost a quarter (23%) of all sovereign wealth funds (SWFs) asset allocations, according to a report from PwC. The report,...

Arcapita selected for HSBC Saudi Arabia’s logistics fund

HSBC Saudi Arabia has appointed Bahrain-based Arcapita as an advisor to its $150m logistics fund. Arcapita will be expected to help HSBC identify assets...

Categories

spot_img