Sunday 19 April 2015
 
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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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Once-bullish fund managers start to capitulate on oil prices

Last fall, when the price of oil started dropping, fund manager Craig Hodges figured crude would rebound in 2015 and began buying shares of companies he thought would be unfairly hit, including construction company Primoris Services Corp and E

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Once-bullish fund managers start to capitulate on oil prices

Last fall, when the price of oil started dropping, fund manager Craig Hodges figured crude would rebound in 2015 and began buying shares of companies he thought would be unfairly hit, including construction company Primoris Services Corp and E

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AlKhair Equity Fund ranks among highest in Saudi

AlKhair Capital, a leading Saudi Arabia-based investment institution, has been ranked sixth among the highest growing mutual funds in Saudi Arabia last year. AlKhair’s Equity Fund was valued at 46.62 with more than 12 per ce

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Sedco Capital plans to start feeder fund

Jeddah-based Islamic investment firm Sedco Capital plans to launch a Luxembourg feeder fund for its Gulf money market fund and is exploring ways to offer a Saudi-specific product to international investors, its lead fund manager said.

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