The appointment will enhance liquidity and trading accessibility for public investors in Lunate’s range of UCITS and local ETFs
Investment firm
Latest in Investment firm
Abu Dhabi
Race for private markets firms to establish UAE office gets hotter
EQT, Eurazeo, Pollen Street, Baron Capital and Silver Point – with collective AUM of over $700bn – expanding in Abu Dhabi and Dubai, reports Bloomberg
Abu Dhabi Global Market
Former Lebanese PM Saad Hariri registers SPV company at ADGM
Hariri is listed as the sole shareholder; Bloomberg says Genesis SPV aims to invest across the global technology sector, prioritising AI
equities
Investment managers turn attention to European equities amidst Trump policy-induced heightened market uncertainty
European equities, especially those in government-backed defense and infrastructure sectors, are predicted to offer strong upside potential
Abu Dhabi
Alpha Dhabi FY2024 revenue soars 40% to a record $17.26bn
Group’s net profit at $3.68 billion; Net operating profit at $2.72 billion; Industrial ($7.16 billion) and Real Estate ($4.93 billion) key contributors
Abu Dhabi
Alpha Dhabi revenue for H1 increases 32% to $7.98 billion
Strong performances across all business verticals, including PureHealth, NMDC and Aldar; Industrial contributes 41% of total revenue
Business
UAE: Apex Investment PSC reports 625 percent net profit surge in Q1 2024
Apex CEO stated strong results were from the company’s focus on transformation and optimisation in 2023
Amanat Holdings
Amanat Holdings announces record profits and 40% revenue growth in 2023
The company reported record-breaking profits, with net profit soaring by 39 percent year-on-year to AED155 million
Dubai
Dubai Investments nine-month net profit at $222.5 million
Net profit decreased compared to the previous year, the company attributed the decline to adjustments for a one-off gain on the divestment of a share in Emicool
Investment firm
Revealed: The leaders behind Kingdom Holding, Prince Alwaleed’s multi-billion dollar Saudi company
Everything you need to know about the leaders of the investment giant facilitating Saudi Arabia’s Vision 2030
Bahrain
Saudi Crown Prince announces five new PIF-backed funds in Bahrain, Oman, Iraq, Jordan, Sudan
The announcement follows the launch of an Egyptian investment fund in August 2022
Abu Dhabi
ADQ divests 8.6 percent of TAQA shares for $3.6 billion
Abu Dhabi’s Multiply Group makes a major investment, picking up 7.3 percent stake in the utilities company for AED10 billion
Abu Dhabi
Bahrain’s GFH successfully lists on Abu Dhabi Securities Exchange
Listing brings the number of dual listings on the Abu Dhabi Securities Exchange to four
Dubai
Dubai Investments reports 64 percent surge in net profits to $55.13 million in the first quarter of 2022
Growth in net profit and total income in the first three months of 2022 was driven by robust performance across the property and the manufacturing, contracting, and services segments, the firm said
Abu Dhabi
Abu Dhabi’s ADQ, Turkey Wealth Fund support high-growth potential firms with $300mn venture capital fund
The fund will invest in companies developing emerging technologies or improving existing technologies in significant sectors such as energy and utilities, healthcare, life sciences, food, agriculture, mobility, logistics, financial services, and education
Abdulla Mohamed Butti Al Hamed
Abu Dhabi welcomes launch of new global investment holding company
The firm aims to redefine sustainable growth for stakeholders and facilitate innovation-driven networks locally, regionally, and globally
acquisitions
Dubai’s Amanat exploring deals, sees IPO candidates in portfolio
The government plans to list utility DEWA – likely to be the city’s biggest deal – and its Salik road toll collection system
