Friday 19 April 2024
 
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Abu Dhabi Financial Group

Top Abu Dhabi official named GFH chairman

Bahrain-based GFH Financial Group (GFH) has appointed Jassim Alseddiqi, the managing director and chief executive officer of Abu Dhabi Financial Group (ADFG) - a leading global investment group with over $6 billion under management - as its new

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Abu Dhabi Financial Group sets up HQ at ADGM

Abu Dhabi Financial Group (ADFG), a leading global investment group, has set up its new offices in Abu Dhabi Global Market (ADGM) on Al Maryah Island, to allow for further expansion as the company continues on its growth trajectory.

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Shuaa Capital posts highest profit since 2007

Dubai-based Shuaa Capital has posted year-to-date (YTD) net profit of Dh60 million ($60.3 million), as compared to a net loss of Dh114 million during the same period in 2016, thus beating every previous year’s annual earnings level since 2

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Abu Dhabi Financial Group launches Islamic REIT

Abu Dhabi Financial Group (ADFG) is launching a Shariah-compliant real estate investment trust (REIT) comprising a seed portfolio of 10 income-producing assets situated in the UAE. The new entity, Etihad REIT, expects to raise fur

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Abu Dhabi group to buy 48pc Shuaa stake

Dubai's Shuaa Capital said on Wednesday that Abu Dhabi Financial Group had reached an agreement to buy the 48.36 percent stake of the investment bank held by Dubai Banking Group. The transaction, for which no value was disclos

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ADFG unit raises stake in GFH Group

Integrated Capital, the capital markets arm of Abu Dhabi Financial Group (ADFG), has increased its stake in the Bahrain-headquartered GFH Financial Group (GFH) to 10 per cent on Dubai Financial Market (DFM). Integrated Capital is

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Abu Dhabi group looking for deals at home

Abu Dhabi Financial Group (ADFG), which bought London's New Scotland Yard last December, is looking at potential acquisitions in its home market over the next year as lower oil prices depress asset valuations to enticing levels.

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Abu Dhabi firm in prime London apartment sale

Abu Dhabi Financial Group, an alternative investment company in the UAE, said one of its subsidiaries has sold a luxury flat overlooking Buckingham Palace in London for £20 million ($30 million). Northacre, a UK-based luxury

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UAE fund eyes $100m finance buyout by June

Abu Dhabi Financial Group (ADFG) aims to complete the $100 million buyout of a local financial services firm by June, strengthening a shift towards expanding its business via acquisitions, its chief executive said on Tuesday. It w

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