Wealth Management

Abu Dhabi Investment Office (ADIO) has invested in the Bedaya Fund to increase access to capital for promising startups in Abu Dhabi

The Abu Dhabi Investment Office (ADIO) has invested in the Bedaya Fund to increase access to capital for promising startups in Abu Dhabi. The...

Investcorp portfolio company Calligo acquires Itomic Voice & Data Ltd.

Investcorp today announced that its portfolio company Calligo Limited (“Calligo”), the world’s first end-to-end managed data services provider, has acquired Itomic Voice & Data...

‘Experts Talk Show’ highlights generational reach of residential property investments

The ‘Experts Talk Show’ webinar series, sponsored by Falconcity of Wonders LL.C., has recently hosted its third episode which features leading real estate industry...

ESG funds on the radar for MENA based investors says Aberdeen Standard Investments (ASI)

The performance of environmental, social and governance (ESG) funds during the Covid-19 pandemic and their alignment with government visions in the GCC make them...

Investcorp closes oversubscribed Mount Row (Levered) credit fund at €318 million

Investcorp, a global provider and manager of alternative investment products, today announced that its Credit Management business held the final close of the Mount...

Gulf Capital sells Metamed to Ray Lab and a consortium of global investors in a secondary private equity transaction

Gulf Capital, announced today that it has successfully completed the sale of Metamed, the region’s largest diagnostic imaging network, to Ray Lab, owned by...

Investcorp closes €340 million for second Italian NPL fund

Investcorp, a provider and manager of alternative investment products, today announced the fully subscribed final closing of approximately €340 million in commitments for its...

EFG Hermes reports EGP 965 million in group revenues and net profit of EGP 90 million in 1Q20 as it adopts prudent measures in...

EFG Hermes, reported today a net profit after tax and minority interest of EGP 90 million in 1Q20, on revenues of EGP 965 million,...

Dubai SME allocates AED 20 million to guarantee capital for SMEs through The Fund & Beehive partnership

Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, has allocated AED 20 million for the...

SCC publishes documentary highlighting role of the stimulus package in business sustainability

Under the title “What do you know about the economic stimulus package”, the Sharjah Consultative Council, SCC, has published today on its social media...

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