Wealth Management

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...

Investment Corporation of Dubai (ICD) shares 2019 financial results

Investment Corporation of Dubai (ICD) today announced its consolidated financial results for theyear ended 31 December 2019 having achieved Revenues of AED 228.0 Billion...

Arab Monetary Fund extends a new Automatic Loan to the Kingdom of Morocco, with an amount of Arab Accounting Dinar 30.844 million, the equivalent...

The Arab Monetary Fund (AMF) is keen to support the efforts of its member countries to implement economic, financial and structural reforms, in face...

Berkshire Hathaway Specialty Insurance Launches Defense Base Act Coverage Globally via Dedicated Team in Dubai

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it is providing Defense Base Act (DBA) insurance on a global basis through its DBA-dedicated underwriting...

ADDED organizes 3rd round table discussion with key investors and businessmen from real estate and tourism

The Abu Dhabi Department of Economic Development (ADDED), in cooperation with the Abu Dhabi Council for Economic Development (ADCED), has organized the 3rd roundtable...

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