Funds
News and insights into the region's funds industry, mutual funds, ETFs and other investment vehicles
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Egyptian government pays dues to pension funds
The transferred amount accounts for more than 58% of a total due
Mubasher
RAK Ruler grants $2.45mln compensation to people affected by rain
Compensation aims to offer swift support to individuals and families whose properties have been damaged
WAM (Emirates News Agency)
World Bank provides $200mln finance to Egyptian SMEs
The bank funded around 450,000 projects in Egypt
Mubasher
ADFD pens agreement to allocate $20mln to AGFUND
The UAE is one of AGFUND’s founding countries
Mubasher
Saudi Arabia provides $451mln housing funds
Sakani programme developed to allocate residential products for citizens across Saudi Arabia
TradeArabia
Real estate slump unlikely to dampen interest in Oman’s Aman REIT IPO
Around 100mln units, representing 50% of Funds capital, are being offered via an Initial Public Offering (IPO) that opens today
Oman Observer
Oman's AMAN to reveal details of fund’s IPO
The objective of the fund’s IPO is providing an excellent opportunity to invest a developed real estate light industry asset.
Times of Oman
2020 could be the year for value-oriented areas, says fund manager
The industrial sector could be a key area that could improve next year.
ZAWYA
Saudi Arabia’s PIF gives $1bln leg-up for small firms
The launch of a new investment vehicle by Saudi Arabia’s Public Investment Fund will put funds into venture capital and private equity funds
Arab News