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Emirates NBD unit launches India equity fundEmirates NBD Asset Management has announced the launch of its Emirates Islamic India Equity Fund in partnership with UTI International, one of India’s largest money managers, following approval from the UAE Securities & Commodities Aut More… |
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Emirates NBD unit launches India equity fundEmirates NBD Asset Management has announced the launch of its Emirates Islamic India Equity Fund in partnership with UTI International, one of India’s largest money managers, following approval from the UAE Securities & Commodities Aut More… |
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QDB launches equity fund to support start-ups, SMEsQatar Development Bank (QDB) has launched a direct equity investment (Istithmar) scheme to support Qatari entrepreneurs as well as small and medium-sized enterprises (SMEs), a report said. QDB also announced a QR365 million ($100. More… |
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HSBC Saudi wins big at Lipper Fund AwardsHSBC Saudi Arabia has won four Lipper fund Awards at the Thomson Reuters ceremony event recently held in Dubai, said a top official of the bank. The HSBC GCC Equity Fund won three best fund awards over one-, two- and three-year pe More… |
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NBAD equity fund growth tops $272mThe National Bank of Abu Dhabi’s NBAD Mena Dividend Leader Fund (MDL) has grown to more than Dh1 billion ($272 million) and become the region’s largest equity fund in less than a year from its launch, said a top official. More… |
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Mashreq plans $100m Islamic equity fundDubai-based Mashreq Capital plans to set up an Islamic equity fund of up to $100 million in the third quarter of this year to invest in stocks across the Gulf region, given lower returns in the bond market, the company's ch More… |
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Burgan records successful fund performanceBurgan Bank has announced that its Burgan Equity Fund has recorded a successful performance, with the fund’s net asset value (NAV) at KD1.81394 ($6.47) per unit, as of December 31, 2012, in comparison with KD1.67228 in 2011, having an annu More… |
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NCB Capital launches Saudi's 1st UCITS fundsNCB Capital has become the first Saudi company to launch non-Saudi registered funds under the Undertakings for Collective Investment in Transferable Securities (UCITS) platform registered in Ireland. Saudi Arabia’s largest w More… |
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Egyptian oil group wins $20m investmentEuroMena II, an active private equity fund in the Middle East, said it has invested $20 million in Egypt-based Sakson Petroleum Services, a leading oil and gas drilling service provider in the region, to boost its capital and help fund its expan More… |
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Carlyle eyes $1.8bn Kyobo stakeCarlyle Group is among private equity funds bidding for a stake in unlisted South Korean group Kyobo Life Insurance worth around $1.8 billion, sources with direct knowledge of the matter told Reuters. Daewoo International and Korea Asset M More… |
