Thursday 26 April 2018
Mena fund

DIC sells stake in $300m Mena fund

  Dubai International Capital (DIC), the private equity arm of Dubai Holding which restructured $2.5 billion debt in April, sold its stake in a $300 million Middle East North Africa infrastructure fund to Islamic investment firm


ING Mena fund eyes Emaar, RAK Ceramics

ING Investment's Mena fund has Dubai property developer Emaar Properties and Abu Dhabi-based RAK Ceramics among its top picks to be an early investor in growth companies. Fadi Al Said, head of equities at ING's Middle East Investme


Schroders fund aims for $1bn Mena investment

Schroders' Middle East and North Africa fund will be heavily weighted toward Egyptian and UAE construction stocks as it seeks to quadruple its size to $1 billion in 2010, fund manager Rami Sidani said. The fund believes fast-paced econ


Franklin Templeton launches new Mena fund

Franklin Templeton Investments Corporation has announced the launch of new Franklin Middle East and North Africa (Mena) Fund for Canadian investors. The new fund will be managed by Franklin Templeton Investments Corporation, with Dubai-bas

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