Abu Dhabi
BBVA secures ADGM approval to expand CIB services in Middle East
BBVA is set to expand its corporate and investment banking (CIB) operations in the Middle East, with approval from the…
DWS Group to open new Abu Dhabi office – report
DWS Group, the investment division of Germany’s Deutsche Bank, is set to open a new office in Abu Dhabi, aiming…
LLB refers clients to Rothschild after UAE exit
Liechtensteinische Landesbank (LLB) has formalised an arrangement with Rothschild & Co for the referral of its private banking clients in…
Lunate and Brevan Howard to set up $2bn investment platform in Abu Dhabi
Alternative investment manager Lunate has teamed up with the hedge fund Brevan Howard to establish a new investment platform, which…
Patrizia forays into Abu Dhabi market with new office
German real assets investment manager Patrizia has broadened its presence with the establishment of its first Middle East office in…
Chimera Investment buys majority stake in Egypt’s Beltone Financial
Abu Dhabi-based private investment company Chimera Investment has bought a 55.9% stake in the Egyptian financial services provider Beltone Financial.…
ADIA appoints new global head of real estate
Abu Dhabi Investment Authority (ADIA), the sovereign wealth fund of Abu Dhabi, has named Drew Goldman as its new global…
Mubadala in talks to acquire Fortress Investment Group
Abu Dhabi-based Mubadala Investment is in discussions to acquire asset management firm Fortress Investment Group from Japan’s SoftBank Group, reported…
Abu Dhabi Islamic Bank to set up asset management company
Abu Dhabi Islamic Bank (ADIB) is set to establish an asset management-focused company and is looking for partners for the…
HDFC to offload 10% stake in HDFC Capital to Abu Dhabi Investment Authority
India’s HDFC has agreed to divest a 10% holding in its private equity arm to a wholly-owned subsidiary of Abu…
Abu Dhabi’s ADQ to pick 50% stake in Eltizam Asset Management
Abu Dhabi sovereign wealth fund ADQ is set to purchase a 50% stake in Eltizam Asset Management, a subsidiary of…
FundRock launches third-party management company services in Abu Dhabi
Alternative investment fund manager FundRock has launched third-party management company (ManCo) services in the Abu Dhabi Global Market (ADGM). The…
BlackRock makes strategic investment in Mubadala Capital’s PE business
Blackrock has forged a long-term partnership with UAE-based Mubadala Capital by making a significant investment into its private equity (PE)…
Al Hail snaps up wealth and asset management firm Allied Investment Partners
Abu Dhabi-based investment firm Al Hail has wrapped up the acquisition of Dubai-based wealth and asset management firm Allied Investment…
JTC strengthen Middle East presence with Abu Dhabi license
Fund administrator JTC has strengthened its footprint in Middle East with the receipt of a new licence to provide corporate…