The Dubai government has announced plans to launch an investment fund with a mandate to invest government assets overseas.
This will result in Dubai having...
According to the central bank, the net foreign assets level in Saudi Arabia fell sharply in October.
Preliminary data for October showed that foreign assets...
Saudi wealth fund, the Public Investment Fund (PIF), has increased its holding in British luxury carmaker Aston Martin.
A regulatory filing showed that the state-owned...
NEOM, a new urban area planned by Saudi Arabia, has launched the NEOM Investment Fund (NIF), designed to support the mega-city development.
The fund will...
Dubai-based asset manager Shuaa Capital is set to press ahead with a rights issue as part of the firm’s capital optimisation process.
The decision comes...
UK-based asset manager Gemcorp Capital is to unveil a US$1 billion investment fund designed to promote Saudi Arabia as a destination for investors.
The fund...
Dubai-based asset manager Alkhair Capital has launched an Islamic fintech fund focused on the healthcare sector.
The Alkhair Capital Healthcare Sector Fund is a Sharia-compliant,...
Two Saudi-based asset managers have agreed to launch investment funds focused on the awqaf or endowment sector.
The agreement between Future Investment Company and Jadwa...
