#Funds

DIFC-based Aditum and scb partner on first of its kind fund structure -Image-WAM-DIFC

Aditum, SCB partner on new fund structure; 4 funds launched, 10 approved

This launch marks a major milestone as the first fund structure to be made available to UAE investors under the new UAE regulatory regime for public funds

ADQ, IHC to create MENA's largest independent investment manager

ADQ, IHC to create MENA’s largest independent investment manager

The new investment manager aims to launch a series of multi-asset class funds to invest in private equity, venture capital, credit and public equities

Porsche

Porsche IPO moves ahead as parent VW looks to defy downturn

The move will direct funds to Europe’s biggest carmaker to foot the staggering cost of electrification and software development

Forecast 2022: Challenges and opportunities across the investment landscape

What investors can look forward to this year

Tunisia in talks with UAE, Saudi Arabia for funds, official says

Tunisia is battling long-running economic troubles and has been mired in fresh political upheaval since late-July

Saudi British Bank makes kingdom’s first green deposit to finance sustainable initiatives

The funds were deposited with HSBC in the UAE

Saudi’s Mabaat secures SAR9m in seed funding round

Funds will be used to market and enhance the platform

Saudi Arabia to form entity with $29bn in equity holdings

The funds hold significant stakes in Saudi Arabian firms

Jail time, fines for illegally raising funds in the UAE

The Public Prosecution has called on those who wish to help the needy during Ramadan to follow legal channels

Dubai cybersecurity firm spiderSilk closes $2.25m funding round

Proceeds will be used to expand the firm’s geographic footprint across the MENA region

UAE’s Fruitful Day raises over Dhs3m to fund expansion

The company will use the funds for horizontal and vertical expansion