Funds
News and insights into the region's funds industry, mutual funds, ETFs and other investment vehicles
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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
Egypt draws $490mln foreign investments in 1 day: CBE official
The robust demand was ascribed to the positive impact of the US-Sino partial trade deal.
Mubasher
Bahrain cabinet approves $265.29mln fund to support private sector
It aims to support working capital requirements of viable companies facing short-term liquidity pressures
Gulf Daily News
Saudi central bank ready for any Aramco-related liquidity squeeze
Saudis had clamoured to own part of the "crown jewel" of the world's top oil exporter in the lead up to its IPO
Reuters News
UAQ, Alinma close real estate fund at $4.5bln for projects in Makkah
Funds are invested in seven hotel towers and two commercial complexes that will be developed within the King Abdul Aziz Road project
Arab News
UAE app QiDZ raises $1mln seed investment
The company will use the funds to further enhance its product offering, grow its team and expand its footprint into other GCC markets
Arab News
Dubai ruler waives outstanding home loans worth $47.1mln of Emiratis
The announcement was made on the occasion of the UAE’s 48th National Day celebrations
WAM (Emirates News Agency)
Saudi Aramco meets ADIA, Abu Dhabi funds in IPO pitch: sources
Aramco has struggled to attract a major cornerstone or anchor investor for its IPO, which could be potentially the world's biggest
Reuters News