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Adib Capital launches fund to invest in sharia-compliant trade transactions
Its investments will be managed by Goldman Sachs Alternatives, targeting a diversified portfolio of prospects
Global diversification, weaker USD raise questions about the greenback’s future
Global investors are increasingly hedging against the USD’s dominance as confidence in US economic and political stability wavers
GCC’s assets under management rose 9% y-o-y in 2024, with the UAE and KSA leading growth
Globally, the asset management industry’s total AUM hit USD 128 tn in 2024, up 12% y-o-y
Investors continue to shift bns of USD out of US equities amid growth concerns, weakening USD
US equity funds saw a third straight month of outflows in July as global investors left for cheaper and faster-growing…
Asia’s super wealthy look to physical gold trade amid global economic uncertainty
Worldwide, wealthy investors have increased their exposure to gold in 2025 by some 120%
KSA once again leads the region’s IPO chart with 13 of the 14 IPOs in 2Q 2025 -EY
IPO activity in the region remains resilient, albeit cautious, amid ongoing geopolitical tensions
Trump opens US retirement savings to private equity and crypto
Critics warn the move could expose mns of Americans to higher fees and bigger risks, while asset managers rush to…
THIS MORNING: Wall Street perks now in demand across UAE funds amid cutthroat competition + Adnoc Distribution plans KSA expansion
Plus: Four UAE landmarks top TripAdvisor's regional attractions list
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