News Archives

Saudi Arabia could attract $35 billion when it opens

Funds Global MENA -

Saudi Arabia's plan to open its stock market to direct foreign investment in the first half of 2015 could increase foreign exposure to the...

Fund managers prepare for opening of Saudi stock market

Funds Global MENA -

Fund managers are preparing for Saudi Arabia to open its stock market, worth nearly $550 billion, to direct foreign institutional investment in the first...

Shuaa Capital swings to profit in first half

Funds Global MENA -

Dubai-based financial services firm Shuaa Capital made a profit of 14.4 million dirhams ($3.9 million) in the first half of the year, compared with...

Middle East oil goes East, but decline of US engagement “over stated”

Funds Global MENA -

The rise of domestic oil and gas production in the United States is causing a rebalancing of global energy supply networks, says new research. With...

NBAD rebrands three funds to be MENA-wide

Funds Global MENA -

The National Bank of Abu Dhabi (NBAD) is broadening the scope of two UAE funds and one GCC fund so that they can invest...

Deals and fundraising decline in MENA private equity market

Funds Global MENA -

The number of known private equity deals in the Middle East and North Africa region fell to 66 in 2013, down from 101 the...