email more news

Bfinance opens Dubai office

UK-based investment consultant Bfinance is the latest overseas firm to spread its global presence to the Middle East. The UK-based firm is opening an office...

GCC equities market sees surge in foreign investment

The GCC’s equity markets captured US$890 million in net inflows from foreign investors in February 2024, according to the latest figures from research firm...

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...

Chinese PE firm opens Abu Dhabi office

The Abu Dhabi Global Market (ADGM) has welcomed another overseas alternatives firm as the UAE continues to court global hedge funds. Chinese private equity firm...

Number of newly licensed firms in Dubai rises by 25%

Dubai’s Financial Services Authority (DFSA) issued a record number of licences in 2023 for financial services firms looking to set up base in the...