Tuesday 19 March 2024
 
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UN agri fund to set up new office in Istanbul

International Fund for Agricultural Development (IFAD), a specialised agency of the United Nations, has signed an agreement with the Government of Turkey to open a new sub-regional office in Istanbul. The new office will serve as

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OFID finances energy projects worth $1.6bn

The Opec Fund for International Development (OFID) is financing energy projects worth $1.6 billion in Arab countries, said  Suleiman Al-Herbish, director-general of OFID.   He said that support to developmen

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Opec fund approves $270m aid

The board of governors of the Opec International Development Fund (OFID) has approved $270 million financing plan for projects supporting sustainable development in many developing countries worldwide.   OFID app

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Opec fund approves $270m aid

The board of governors of the Opec International Development Fund (OFID) has approved $270 million financing plan for projects supporting sustainable development in many developing countries worldwide.   OFID app

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Khalifa Fund celebrates Emirati Women’s Day

Khalifa Fund for Enterprise Development celebrated the Emirati Women’s Day today under the theme ‘Women on the Course of Zayed’, which also coincided with the Centennial of Sheikh Zayed and the declaration of 2018 as the Year o

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UAE fund to support SMEs in Jordan

The UAE's Khalifa Fund for Enterprise Development has signed a memorandum of understanding (MoU) with the Crown Prince Foundation to support entrepreneurship and development projects in Jordan. The initiative is in accordance

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Bahrain Development Bank launches $100m venture capital fund

The Bahrain Development Bank (BDB) has launched a $100 million Venture Capital Fund of Funds aimed at boosting the start-up ecosystem in Bahrain and the Middle East. The fund was set up following instructions from HRH Prince Salma

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Bahrain Development Bank launches $100m venture capital fund

The Bahrain Development Bank (BDB) has launched a $100 million Venture Capital Fund of Funds aimed at boosting the start-up ecosystem in Bahrain and the Middle East. The fund was set up following instructions from HRH Prince Salma

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ENBD Saudi Equity Fund returns top 18pc YTD

Emirates NBD Asset Management reported that the Emirates NBD Saudi Arabia Equity Fund has returned more than 18 per cent year to date (YTD) and grown to a size of over $30 million since launching in December 2017.  The sub-fu

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NCB Capital launches global aviation fund

NCB Capital (DIFC), a subsidiary of leading investment firm NCB Capital Company, has announced the launch of the NCB Capital Aviation Fund I with $200 million of commitments raised through a private placement. The fund holds a maj

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