Dubai’s Binghatti announced on Monday the launch of an asset management firm that aims to manage approximately $1 billion in Shariah-compliant private credit and real estate investments. This initiative is designed to diversify the company’s portfolio and broaden access to alternative capital. The new entity, Binghatti Capital, will operate from the Dubai International Financial Centre...
Nettlestone Capital Advisors has officially launched its operations at the Dubai International Financial Centre (DIFC). The firm is fully authorized and regulated by the Dubai Financial Services Authority (DFSA) and aims to connect specialist investment managers with institutional capital throughout the Middle East. Founded by Edwin Lawrence, who has over two decades of experience in...
Riyadh, Saudi Arabia: Areeb Capital, a leading real estate fund management company, has announced the signing of a significant financing agreement with the Saudi National Bank (SNB) valued at SAR 5.8 billion. This agreement aims to bolster Areeb Capital’s financing capabilities for its ambitious investment projects within the Saudi real estate market. The deal marks...
Mercer, the investment consulting branch of US services company Marsh & McLennan, anticipates that its wealth division will at least double its assets under management (AUM) in the Middle East. This growth is expected to continue despite current economic challenges. Yasir AbuShaban, a principal at Mercer Wealth based in Dubai, stated that the company aims...
Seviora Group, a prominent Asia-based asset management firm headquartered in Singapore, has officially opened its first office in the Middle East, located in the Abu Dhabi Global Market (ADGM). The firm manages assets totaling US$54 billion and aims to expand its presence in the region alongside its existing offices in Singapore, India, China, and Indonesia....
Forbes Middle East has announced its Top 40 Asset Managers for 2025, highlighting the leaders who are significantly influencing the investment landscape in the region. Collectively, these asset managers managed over $439 billion in assets under management during 2024, which includes investments in local and international equities, debt funds, discretionary portfolios, real estate, REITs, and...
ASB Capital, a newly established asset management firm, has officially commenced operations in the Dubai International Financial Centre (DIFC) with an impressive $4.5 billion in assets under management (AUM). Licensed by the Dubai Financial Services Authority (DFSA), the firm plans to provide a range of wealth and asset management solutions, which include offerings in public...