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Investcorp H1 net profit plunges 90pcBahrain-based alternative investments specialist Investcorp said its net profit for the first half of fiscal year ended December 31, 2011 fell 90 per cent to $5.3 million from $56.2 million the year before hit by negative returns on hedg More… |
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United Securities to launch Gulf fundUnited Securities, a Muscat-based brokerage and advisory firm, is launching an equity fund to tap investment opportunities in the Gulf, it said on Tuesday. The United GCC fund will be actively managed and will invest across the Gulf equity More… |
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New Gulf fund eyes Africa, E.Europe farmlandA private sector agriculture fund worth $350 million plans to launch by the end of the year in the Gulf, with an aim to acquire farmland in Eastern Europe and Africa, an executive told Reuters on Wednesday. Gulf countries, mainly reliant o More… |
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Gulf fund to invest $150m in Turkey agricultureA Gulf investment fund made up of three financial institutions plans to invest at least $150 million in 2009 in Turkey's agricultural sector, a report said. The vehicle is made up of Ithmaar Bank, Gulf Finance House and Abu Dhabi Investmen More… |
