Sunday 26 April 2015
 
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Abu Dhabi fund eyes Italian airport business

An Abu Dhabi sovereign fund is interested in buying a minority stake in Atlantia's airport business Aeroporti di Roma, the chief executive for the Italian motorway and airport operator said. Atlantia's CEO also said the co

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Gates Foundation approves emergency funding for Yemen

The Bill & Melinda Gates Foundation has approved funding of $800,000 for the International Medical Corps (IMC), a leading global first responder, to deliver emergency relief through the 78 health facilities it supports across Yemen, includin

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Exchange traded funds to play vital role in Mena

Globalisation for Middle East and North Africa (Mena) securities exchanges is now about putting down roots at home as opposed to global mergers, experts concur. Capital markets experts who have come together at the Arab Federation

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Arab tech industry in need of capital access, govt support

The nascent technology sector in the Arab region needs to be reinforced by government support and backed by proper funding from sovereign wealth funds (SWFs) and local institutional investors if it is to flourish and create the next technology t

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Projects in Bahrain 'facing funds setback'

A municipal council in Bahrain has said it will be forced to axe several public projects as a result of limited funding over the next two years. The Muharraq Municipal Council held an urgent meeting yesterday (April 16) to discuss

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Islamic fund issues to be discussed at Bahrain forum

More than 350 key players, regulators and thought leaders in the global Islamic funds and investments industry are set to gather in Bahrain next month for a key forum. The 11th Annual World Islamic Funds and Financial Markets Conf

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$100m Gulf hedge fund set for launch

The co-founder of privately-owned Kuwaiti oil firm Zahra Group is set to launch a new $100 million global equities hedge fund targeting ethical investments, the biggest Gulf launch for five years. The fund will invest using the pr

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GIB unit fund appoints Barclays for brokerage services

GIB Emerging Markets Opportunities Fund, the flagship hedge fund of GIB (UK), has appointed Barclays Bank to provide additional prime brokerage services to the fund. GIB UK is a subsidiary of Bahrain-based Gulf International Bank

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Access launches $5m contest for renewable energy projects

Access Infra Africa, a developer, owner and operator of power assets in Africa, has launched the Access Co-Development Fund (ACF), a $5 million competition designed to bridge the gap between early stage renewable energy projects in Africa and th

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Swicorp closes Saudi real estate fund deal

Swicorp, a leading asset management, private equity and investment banking firm with a specific regional focus on the Middle East and North Africa (Mena) region, has joined hands with Saudi-based urban development company Retal to raise funds fo

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