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Oman Investment Authority launches $5.2bn fund

Oman’s sovereign wealth fund, Oman Investment Authority (OIA), has launched a US$5.2 billion fund to invest in Omani projects and companies. The Future Fund Oman...

SS&C opens Abu Dhabi office

Fund administrator SS&C is the latest global firm to set up a new business in the Middle East. The US-based firm has opened an office...

Investcorp names chief financial officer

Bahrain-based alternative investment firm Investcorp has appointed Abbas Rizvi as its group chief financial officer (CFO). He replaces Jan Erik Back who has announced his...

Allen & Overy launches Riyadh office

Law firm Allen & Overy is the latest international professional services firm to open an office in Saudi Arabia. According to Allen & Overy, the...

GFH’s London real estate business names chairman

Zayed R Alzayani has been named as chairman of the board of Roebuck, the UK subsidiary of Bahrain-based GFH Financial Group. Roebuck is a pan-European...

Franklin Templeton opens Riyadh office

US asset manager Franklin Templeton has launched in Saudi Arabia after opening an office in Riyadh. The move comes after the firm received licences from...

KSA tops Mena’s crypto investment charts

Investors in Saudi Arabia made gains of more than US$350 million in 2023, according to industry data. Analysis from blockchain firm Chainalysis shows that Saudi...

UAE’s investment app users to hit 1m by 2028

The UAE is set to see more than one million users of investment apps in the next five years, according to research. Analysis from Singapore-based...

Middle East CEOs optimistic about economic growth

Almost two-thirds (61%) of business heads in the Middle East are optimistic about the prospect of increased economic growth in the next three to...

Mena millennials to inherit $90trn by 2044

In the next 20 years, millennials in the Middle East will become the richest generation in history, according to research from property consultant Knight...