#Investment

Alpha Dhabi ups stake in Aldar

Alpha Dhabi ups stake in Aldar, becomes single largest shareholder and parent company

As a long-term strategic shareholder, Alpha Dhabi will continue to support Aldar’s management team as they execute its growth agenda

UK launches negotiations for free trade deal with GCC

The deal would add at least £1.6bn a year to the UK economy and support new jobs across key industries

banke international Properties

Banke International Properties’ Porush Jhunjhunwala on opportunities for investors in UAE’s real estate sector

The CEO of the Dubai-based property firm showcases his company’s operations and expansion, and the UAE’s thriving real estate market

logistics park

Dubai’s DP World, Saudi Ports Authority sign agreement to build logistics park at Jeddah Islamic Port

The new facility will offer warehouse space of 100,000 square metres

Cathal Dowling Director invesco talks bonds, negative returns and more

From negative returns to bond yields, current investment trends mapped

Trends show investors have been buying bonds in a range of financial and corporate issuers, where yields provide a boost to the income the funds produce

HSBC boosts Saudi investment banking team amid flurry of deals

International banks including Citigroup and Bank of America have been expanding in the kingdom

Jordan

Saudi wealth fund’s $3bn Jordan unit aims to ramp up deals

The investment is expected to create more than 5,000 jobs and will be the first of several deals announced by the fund over the next year

CMTrading

CMTrading: Trading and thriving on trust

The award-winning licensed and regulated platform, founded nearly a decade ago by traders for traders, has reportedly attracted over a million subscribers

Public Investment Fund

Saudi wealth fund to take $185m Jordanian bank stake

The Public Investment Fund signed a subscription agreement that would involve it buying 63 million newly issued shares

Beyond Technology

Beyond Technology invests in MEA and South Asian markets to support fiberisation projects

The company has signed service agreements allowing for 33 warehouse facilities across the region, including in the UAE, Saudi Arabia, Qatar and Oman

Dubai-based ride sharing firm Swvl to slash headcount by a third

The reductions will focus on roles that have been automated by investments in engineering and product and support functions

Abu Dhabi

Abu Dhabi’s ADQ announces EUR4bn investment partnership with Greece

The agreement underscores growing economic ties between the two countries and will drive investor interest in Greece

Prince Alwaleed

Prince Alwaleed says Musk will be ‘excellent’ for Twitter

Prince Alwaleed, chairman of the board at Kingdom Holding Company, has now agreed to roll over his current investment

Dubai’s Shuaa Capital launches $250m venture debt fund

The fund claims to be the largest venture debt fund in the GCC

The changing landscape of investment advisory across UAE and GCC

Clients are increasingly seeking the advice of asset managers who possess a rich knowledge of local and regional market dynamics

Charting the growth of the regional fintech ecosystem

Saxo Bank MENA’s CEO Damian Hitchen talks about the region’s fintech space and the challenges faced by the financial sector

Aramco closes $15.5bn BlackRock-led gas pipeline deal

Gas is a cleaner fuel than crude oil

Forecast 2022: Challenges and opportunities across the investment landscape

What investors can look forward to this year

Cover story: Investment is a level playing field, says Dubai’s AIX

The Covid-19 pandemic has effectively broadened the investment landscape, explains AIX Investment Group’s board advisor Fadi Dabbagh

Power Letters 2022: Mohamed Ebeid, CEO, EFG Hermes’ Investment Bank; group executive committee member

In Egypt, we closed three accelerated equity offerings, out of which one was the first dual listing of a London listed company on EGX

Alpha Dhabi to invest Dhs1bn in ADNOC chemicals project

The investment in Abu Dhabi Chemicals Derivatives Company, known as Ta’ziz, is part of an Dhs8bn strategy announced last week

Urban farming startup Infarm gets funding from Qatar wealth fund

The investment will be used to expand to more fruits and vegetables and open its first centre in Qatar in 2023

Abu Dhabi’s IHC approves merger of its real estate firm Al Tamouh with Al Qudra Holding

Investment holding company Al Qudra’s board has approved a new foreign ownership limit of 30 per cent of outstanding shares

Saudi Aramco

Saudi Aramco’s Wa’ed invests SAR19m in fintech startup Lamaa

The Riyadh-based startup was established in March 2021 by entrepreneur Sumeet Khutale who has recently relocated from London to the kingdom

ADNOC board approves Dhs466bn spending plan for 2022-26

ADNOC also announces an increase in national reserves of 4 billion STB of oil and 16 trillion SCF of natural gas

China’s ByteDance invests in Dubai-based logistics startup iMile Delivery

The fresh capital will support iMile’s plans to hire more engineers in China and invest in its technology

Here’s why UAE’s Yas Holding is bullish on the future of healthcare

The Abu Dhabi-based investment company has been rapidly expanding its healthcare division this year

Climate change: What is the GCC’s role in this equation

The region needs to capitalise on the economic benefits of the sustainable energy industry

Reliance pulls plan to sell oil-to-chemicals stake to Aramco

Reliance and Aramco had signed a non-binding letter of intent in August 2019 for a potential 20 per cent stake in Reliance’s oil-to-chemicals unit

Up to 66% of Indian expats plan to increase their investments in the UAE – HSBC

Property is seen as the most important investment class for Indians in the UAE