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...
Saudi-based asset manager Shuaa Capital has launched a sharia-compliant equity fund that will focus on companies in the region.
According to the firm, the Shuaa...
Saudi sovereign wealth fund, Public Investment Fund (PIF), has reported a US$11 billion loss for its investment activities in 2022.
The results, which were reported...
US-based asset manager AllianceBernstein (AB) has expanded its presence in the Middle East by opening an office in Dubai.
The firm, which has US$665 billion...
The trend for Mena-based sovereign wealth funds to invest in international sports is continuing with reports that the Qatar Investment Authority (QIA) has bought...
Abu Dhabi sovereign wealth fund Mubadala has become the majority owner of USD asset manager Fortress Investment Group.
The firm, which was launched in 1998...
Saudi-based asset manager Sico has appointed Abdulla Ahmed Kamal as chairman of the board of directors.
He replaces Sheikh Abdullah bin Khalifa Al Hkalifa who...
Kuwait-based asset manager Kamco Invest has appointed Mohammed Hamad Al-Faris as chief executive for its Saudi operations.
His hiring comes just over two years after...
