#Investment

Family offices raise bets on startups in $418bn market

Family offices made up 4.2 per cent of the roughly 23,000 venture capital deals worldwide this year through August 31

Abu Dhabi’s wealth funds weigh Turkey investments worth billions

Among funds eyeing Turkish investments are Abu Dhabi Investment Authority (ADIA) and ADQ

Biggest Saudi IPO since Aramco draws strong investor interest

The $1.2bn IPO by ACWA Power International had initial demand amounting to several billion dollars

twofour54 abu dhabi

Abu Dhabi’s twofour54 inks Arab world’s largest gaming deal with sale of Jawaker to Stillfront

Stillfront Group acquired Jawaker, the first card games website in the Middle East, in a deal valued at Dhs753m

Dubai’s DP World to invest £300m in London Gateway logistics hub

The company aims to increase supply chain resilience

UAE to grow trade ties in Asia and Africa

The Gulf state will expand economic ties with countries including South Korea, Indonesia, Kenya, Ethiopia and Turkey

UAE’s Mashreq opens first representative office in Shanghai

With the new office, Mashreq now operates in 13 countries, including the UAE

UAE launches international campaign to attract foreign talent

The campaign will highlight the benefits to entrepreneurs, startups and investors of choosing the UAE as a launch platform

Saudi announces $1.2bn tech initiatives, including all-new LEAP and @Hack events

The country aims to improve the digital skills of 100,000 Saudi youngsters by 2030, with a focus on cybersecurity, programming, AI and gaming

Property market in Dubai: Where to invest for promising returns

Main tourist areas continue to be popular

Saudi wealth fund buys a stake in Italian supercar maker Pagani

The Pagani family will keep full control of the company

Devesh Mamtani, Chief Market Strategist, Century Financial

An era of disruption: How to invest?

The rewards of investing in innovative tech stocks have been enormous, and the most evident example would be Tesla, with its share price skyrocketing from $90 in 2020 to $900 in early 2021

Renewable energy investment rose to a record in first half

Investment in solar projects was up 9 per cent to a record $78.9bn in the first half

Cybercrime

The rising cost of cybercrime: Why businesses must invest in cybersecurity

Battling cybercrime is a multifront war, and modern-day DDoS attacks are complex, multi-vector, and dynamic

Saudi Arabia’s net foreign assets rose in June

The price of Brent crude averaged over $73 a barrel in June

Bitcoin slides below $30,000 for the first time in a month

Narratives that had propelled Bitcoin to a mid-April record of almost $65,000 are now being questioned

McLaren gets $760m from investors including Saudi wealth fund PIF

McLaren, controlled by Bahrain’s Mumtalakat, has been hit by the pandemic

Qatar wealth fund builds regional hub in Singapore to diversify

The fund has vowed to invest more in Asia and the US as it pursues growth and diversification after years of substantial investment in Europe

Dubai’s Shuaa confirms talks to set up three SPACs

Shuaa has approached banks to set up three blank-check companies of around $200m each to pursue deals in the energy, finance, and technology sectors

Dubai’s Foundation Holdings boosts Saudi healthcare portfolio

The healthcare and education investment firm acquired 51 per cent of Shifa Al Munthaza Polyclinic

Understanding the impact investment mindset

Investments in companies that prioritise social and environmental objectives perform as well financially as traditional investments

Shailesh Dash

Phi Trends: Here’s what investors can anticipate for the rest of 2021

2020 has clearly depicted that investors must focus on prioritising companies with sound business models, writes entrepreneur and investor Shailesh Dash

Sheikh Mohammed bin Rashid Al Maktoum

Sheikh Mohammed launches new platforms to support startups and investors in the UAE

The UAE will also host a new Investopia Investment Summit in March 2022

Here’s how you can allocate your investment portfolio in the current market

It is important to maintain liquidity while also diversifying your assets, according to AIX Investment Group

Abu Dhabi’s ADQ in talks to invest $500m in Flipkart

Flipkart is seeking to raise at least $3bn

Saudi wealth fund PIF leads investment in $800m Middle East infrastructure fund

Aberdeen and Investcorp announced the fund two years ago with a view to channel investment into the Middle East’s health care, education and utilities industries

Bal Krishen CEO and chairman Century Financial

Cover story: Why the chairman of UAE’s Century Financial feels its all about the journey, not the destination

It’s not just the view at the top that the company’s chairman and CEO Bal Krishen enjoys, but also the journey of reaching there

Dubai tycoon Hussain Sajwani resigns, makes $599m offer to take Damac private

Damac traded below the Dhs1.3 per share offer price on Wednesday

Bitcoin fluctuates around $40,000 as Musk-fuelled rally collapses

The cryptocurrency is now down around 40 per cent from its record of almost $65,000 set in April

Abu Dhabi’s ADNOC Distribution to join MSCI emerging markets index on May 27

The fuel retailer will now be among nine UAE-listed companies to be part of the index