Posted inUAE IN THE NEWS

Healthcare investments and new hedge fund get ink

The fund will focus on an “alpha-driven” approach

It’s all about investment in the foreign press this morning, with Bloomberg looking at the UAE’s increasing interest in longevity and healthcare tech in its latest edition of Mideast Money — including investments in AI to boost longevity — and CNBC (watch, runtime: 3:03) interviewing Britney Lam, head of long-short equities at Magellan Capital Holdings, about its upcoming USD 700 mn hedge fund in the UAE.

ALSO GETTING ATTENTION- Saudi footballer Fahad Al Muwallad was hospitalized in intensive care after falling from a second-floor balcony while on vacation in Dubai, Sky News reports.

AND- CNN is out with a feature on US national Taylor Dees, who moved to the UAE in 2017 and has now become a camel racer.