Jadwa launches real estate fund

Riyadh Saudi ArabiaSaudi-based fund manager Jadwa Investments has launched the Al Dar Investment Fund 2. The closed-end shariah-compliant real estate fund has been developed in partnership with Dar Al Majed Real Estate Company and Arab National Bank. The fund has a target size of SAR1 billion (US$260 million) and is aiming to build on the success of its predecessor, the Al Dar Investment Fund, which launched in early 2021 with the same target size. The fund’s strategy is based on acquiring multiple land plots across prime locations in Riyadh and developing these plots into apartment complexes for mid to high-income households. According to Jadwa Investments managing director and chief executive Tariq Al-Sudairy, the fund offers its clients “the opportunity to invest in the strong fundamentals of the residential real estate sector” in the Saudi market. ©2022 funds global mena

Executive Interviews

INTERVIEW: ‘Financing is the blood of Iran’s economy’

Amid a fresh wave of American sanctions, Romil Patel spoke to Meysam Hamedi, director of financial markets and instruments at Iran’s Securities & Exchange Organization (SEO).

INTERVIEW: Totally mega

In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...

INTERVIEW: Protecting the investment

Rasmala’s trade finance fund recently passed $100 million in assets. Doug Bitcon, head of credit strategies, explains why he has to be hands-on.

EXECUTIVE INTERVIEW: A natural interest in the topic

Since 2016, Guillermo Ortiz has been a chairman of Latin America’s BTG Pactual. The former central banker of Mexico talks to Nick Fitzpatrick.


Middle East Investor Roundtable 2020: Dimensions of diversification

Investors in the Middle East consider the tools that will be needed to navigate the Covid-19 crisis, the continued appetite for dividend and why it’s all about tech. Chaired by Romil Patel.

South Africa asset management roundtable: Global rebound on ice

Experts discuss the investment implications of the coronavirus pandemic, a delayed rebound in global growth and dealing with South Africa’s energy issues head on. Chaired by Romil Patel in Cape Town.

South African roundtable: Taking the bull by the horns

Our panel discusses Chinese investment in Africa, financial institutions’ contribution to economic sustainability and regulatory concerns. Chaired by Romil Patel in Cape Town.

ROUNDTABLE: Hooked to the global caravan

With the MENA region at a tipping point, our panellists talk about economic diversification, the impact of regulation and the delayed Saudi Aramco listing. Chaired by Romil Patel in Dubai.