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Waha Capital 9-month net profit surges to $80mWaha Capital, a leading investment company in Abu Dhabi, has reported a 10.2 per cent rise in net profit to Dh295.1 million ($80.3) in the first nine months of 2018, largely driven by the company’s private investments business. More… |
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Waha Capital 9-month net profit surges to $80mWaha Capital, a leading investment company in Abu Dhabi, has reported a 10.2 per cent rise in net profit to Dh295.1 million ($80.3) in the first nine months of 2018, largely driven by the company’s private investments business. More… |
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DIFC marks remarkable growth in asset management sectorDubai International Financial Centre (DIFC) is continuing to achieve remarkable growth in its wealth and asset management sector with world-leading firms working at impressive scale within the centre. The number of registered comp More… |
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Bureau Veritas wins contracts to improve safetyBureau Veritas, a world leader in laboratory testing, inspection and certification services, has been awarded two high value contracts to improve safety procedures and increase efficiencies in asset management. Adopting the Verist More… |
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ENBD Saudi Equity Fund returns top 18pc YTDEmirates NBD Asset Management reported that the Emirates NBD Saudi Arabia Equity Fund has returned more than 18 per cent year to date (YTD) and grown to a size of over $30 million since launching in December 2017. The sub-fu More… |
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Invest AD, Brookfield set up new real estate JVInvest AD, a leading asset manager based in Abu Dhabi, UAE, said it has joined hands with Brookfield Asset Management, a leading global alternative asset manager, to establish a new venture, with a view to creating institutional quality investme More… |
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Vision acquires A/T Capital in asset services driveVision Investment Services has acquired A/T Capital Management, an asset management firm based in the Dubai International Financial Centre (DIFC) to expand asset management services to international clients. A/T Capital was establ More… |
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Need seen for more convertible bond issuance in GCCKey economic programmes such as Saudi Vision 2030 and projects such as Dubai Expo 2020 will facilitate greater investor interest in potential GCC convertible bond issuers across diverse sectors, said Fisch Asset Management, a global leader in co More… |
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EFG Hermes takes 50pc stake in FIM for $21.5mEFG Hermes UAE Limited, a wholly owned subsidiary of EFG Hermes Holding SAE, has entered into definitive agreements to invest $21.5 million in Frontier Investment Management Partners Ltd (FIM), an asset management firm. More… |
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JLL names Mena asset management headJLL, a leading real estate investment and advisory firm, has appointed Colin Dowall as its new regional director and head of property and asset management services for the Middle East and North Africa (Mena). Dowall has taken over More… |
