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FUNDS
Indian Sub-continent
Pakistan receives Chinese loan to stabilise its falling reserves
Africa
World Bank approves $2.3bln plan for East, Southern Africa to tackle food insecurity
Funds
BHM Capital receives Fund Management License from SCA
Funds
Raya’s affiliate Aman for Microfinance launches first investment fund
Funds
Global equity funds decline over 20% this year
Funds
Arabian Centres to launch $1.65bln closed real estate investment funds
Wealth Management
UAE wealth fund ADIA takes 20% stake in Indian home finance firm
BUSINESS
MENA startup funding fell to $176mln in May
Russia
Russia adds $9.5bln to emergency reserve fund
Companies News
ADQ and Jordan’s Ministry of Digital Economy and Entrepreneurship launch $100mln tech fund
Africa
Tunisia to start food and energy subsidy cuts next year
Funds
Dirwaza Curatorial Lab launches microfund for creative access
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Bahrain’s Al Waha Fund invests in $85mln Israeli digital health fund
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Some hedge funds face steep losses after betting on hot sectors
Indian Sub-continent
Chinese banks to roll over $2.3bln in cash-strapped Pakistan's deposits
Russia
Ukraine should start discussions on new IMF deal: central bank chief
Africa
World Bank approves $23.8mln in additional financing to help strengthen Tunisia's health system
Africa
EU disburses over $328mln to Tunisia under MFA program
Indian Sub-continent
IMF says in talks with Sri Lanka on a 'comprehensive' reform package
Africa
Mali, Mauritania, and Niger receive over $321,000 humanitarian donation from Spain
Wealth Management
India's retirees tap savings, eat less as living costs soar
Africa
African Development Bank approves $1.5bln emergency food facility
Russia-Ukraine Crisis
Ukrainian PM says EU disburses $634mln euros to Ukraine
BUSINESS
OPEC Fund’s US$25mln loan to promote private sector infrastructure investments in Latin America
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Dubai’s Shuaa Capital sells Egyptian brokerage for nearly $1mln
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