Scalable Capital raises $180 mn to fuel its growth and expansion plans
The funding round was led by Chinese tech company Tencent...
Wealth Management
Dubai loses 1,600 millionaires in 2020
The number of millionaires in Dubai grew prior to the pandemic. 53,700...
Spain seeks foreign investors for EU recovery projects
The Spanish government expects to boost the fund’s effectiveness towards the economy...
Ridha D.M. Wirakusumah to lead Indonesia’s new wealth fund
The Indonesia Investment Authority (INA) is looking to attract foreign funds as...
Headline: Dubal acquires 60% stake in OSE Industries; drives expansion
OSE Industries embarked on its business in 2015 at Dubai industrial city...
Nigeria’s AGPC raises $260 mn for gas processing plant project
The construction cost for the project is expected to be around $650...
MAI Capital takes over HWFA,strengthens its acquisitions portfolio
MAI Capital has carried out 10 acquisition since 2017, out of which...
Egypt receives $7.3 bn development funds amid pandemic
The government has also passed fresh law for SMEs to incentivise and...
ADIA cuts Japanese investment team, looks for restructuring
ADIA will continue to invest in Japanese equities as part of a...
UAE ranks first among the wealthiest Middle Eastern economies with 12 billionaires
According to Knight Frank, the Emirates has 1,681 UHNWIs with a wealth...