Thursday 28 March 2024
 
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ADIH

Sunset Hills units to be ready by 2010 end

Sunset Hills development in Al Areen is to be completed on time and handed over by the end of the year, officials have announced. Eighty per cent of the overall construction work has been completed and 50 per cent of the $100 million devel

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ADIH-Al Hilal Bank close $100m Al Wataniya Fund

A partnership between Abu Dhabi Investment House (ADIH), a leading financial institution, and Al Hilal Bank, a UAE-government owned Islamic bank, has successfully closed its Sharia-compliant $100 million Al Wataniya Fund. The ADIH managed

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Aldar, ADIH in beach project JV

Aldar Properties has signed a strategic agreement with Abu Dhabi Investment House (ADIH) for setting up a new joint venture to develop a cluster within Al Raha Beach. The new joint venture will initially focus on Al Remila p

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ADIH eyes distressed assets in West

Abu Dhabi Investment House (ADIH) is considering capitalising on distressed assets in the American and European markets, a senior official said. Fawaz Al Jowder, deputy chief executive officer, told the CNBC Arabiya in an interview that th

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Vision 3 to set up $3bn Tunis Telecom City

Vision 3, a strategic alliance formed between Gulf Finance House, Ithmaar Bank and Abu Dhabi Investment House, on Tuesday announced the launch of $3 billion Tunis Telecom City (TTC). TTC is the first in a planned network of telecom cities

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MAF, ADIH in Qatar Entertainment City JV

Majid Al Futtaim Group has entered into a joint venture agreement with Abu Dhabi Investment House (ADIH), a boutique investment firm, to develop the heart of Entertainment City, the ‘Downtown Precinct’, in the Lusail district of Doha. The

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ADIH Morocco project on track

Abu Dhabi Investment House (ADIH) has begun infrastructural work in the last phase of Porta Moda Marrakesh, Morocco. The project's total cost is approximately $1 billion and will be developed on a plot of more than 306,000 sq m, said a

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ADIH eyes $1.5bn China fund

Abu Dhabi Investment House, a Gulf bank, is planning a $1.5 billion private equity fund to invest in real estate and manufacturing in China with a Chinese partner, a senior executive said. An agreement to launch the fund will be signed wit

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ADIH fund returns beat target

Abu Dhabi Investment House (ADIH) has announced the final exit of Al Arabi Investment Fund, generating an annual internal rate of return (IRR) of 20.2 per cent. The fund's subscribers were promised 20pc annual return when it was launched i

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ADIH launches two Islamic funds

Two new funds are being launched by Abu Dhabi Investment House (ADIH) in co-operation with its Geneva-based subsidiary. ADIH Islamic Helvetic Fund and Global Islamic Equity will invest in shares of companies worldwide in accordance with th

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