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… |
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… |
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… |
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… |
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… |
Mubadala to invest $2bn in Brazilian groupAbu Dhabi-based Mubadala Development will invest $2 billion in the Brazilian business group EBX founded by Eike Batista as part of a strategic partnership. Under the terms of the agreement Mubadala will make the investment in exchange for More… |
Mubadala to invest $2bn in Brazilian groupAbu Dhabi-based Mubadala Development will invest $2 billion in the Brazilian business group EBX founded by Eike Batista as part of a strategic partnership. Under the terms of the agreement Mubadala will make the investment in exchange for More… |
Shuaa equity fund gets top awardDubai-based Shuaa Capital said its Emirates Gateway Fund has won the ‘UAE Equity Fund of the Year’ award from Mena Fund Manager magazine. The awards were determined by a panel from Mena Fund Manager Magazine and fund management industry ex More… |
HSBC Saudi launches new equity fundHSBC has launched a new freestyle equity fund to generate long-term capital growth through investments in equities of Shariah-compliant companies listed on the Saudi Stock Exchange. The new fund, HSBC Amanah Saudi Freestyle Equity Fund, w More… |
DIB unveils Asia Pacific equity fundDubai Islamic Bank (DIB) said it has launched a new equity fund that aims to invest in Sharia-compliant equities in firms across Asia Pacific (APAC) region excluding Japan. The Sharia-compliant Asia Pacific Equity Fund offers a new opportu More… |








