Mubadala investment strategy to stay patient
November 22, 2021 As interest rates are spiking and with expected inflation, investors must remain wary says group chief executive of Abu Dhabi state investment fund and anticipates no change from Mubadala’s investment strategy and themes in 2022. The patient investment strategies would weather difficult cyclical phases and areas such as renewables, technology and life sciences will continue to remain…
Alternative asset investments in Middle East improved by sovereign fund focus on regional deals
November 17, 2021 Private investors and sovereign wealth funds (SWFs) in the Middle East are progressively shifting their attention to domestic and regional markets, enhancing private capital deals and money going into alternative asset classes. At the end of 2020, private capital assets under management in the region grew 11 percent annually and 14 percent in cash holdings for deals.…
Central Bank head says Saudi Arabia hits $430 billion in Shariah-compliant finance
November 10, 2021 Fahad Al Mubarak, the governor of the Saudi Central Bank says the country has witnesses rapid growth in Islamic financing with the total Shariah-compliant financing amounted to more than $430 billion. The Islamic financial industry accomplished an annual growth of more than 10 percent. The total assets of Islamic financial services amounted to nearly $800 billion in…
Energy transition supercharged as GCC invests in clean hydrogen
November 3, 2021 At the Glasgow COP26 summit, world leaders highlighted the importance of the untapped potential of hydrogen among other alternative energy sources to explore ways to mitigate climate change. According to a joint report by consultancy Roland Berger and the international industry network Dii Desert Energy titled “The Potential for Green Hydrogen in the GCC Region,” hydrogen’s intrinsic…
Majority of UAE investors find crucial strategy in sustainable investing
November 2, 2021 According to research by Swiss investment bank UBS, about 93 percent of UAE investors and see benefits from integrating sustainable investing in their portfolio and say it is a crucial part of their financial strategy. Most of them also anticipate sustainable investment returns to match or exceed those of traditional investments. Read the original article in The…