Posted inUAE IN THE NEWS

GQG’s investment in IHC gets some ink

FT speculates on GQG’s recent purchase of ADX stocks

Finance is still the main theme of UAE coverage in the foreign press:The Financial Times gave ink to fund manager GQG’s recent purchase of a USD 1 bnstake in the ADX-listed conglomerate IHC, as it shifts its focus away from China in favor of the Middle East’s “business-friendly” environment.