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…
Foreign direct investments in the UAE to be driven by new virtual license
October 22, 2021 The Abu Dhabi Department of Economic Development (ADDED) has launched a new virtual license for investors which covers 13 key economic sectors including agriculture to trade. These sectors have been identified by the Abu Dhabi government to attract more foreign direct investment (FDI) and supports the broader UAE government's efforts to enable cross-border digital trade. Read the…
Influx of global millionaires driving up Dubai’s housing market boom
October 20, 2021 A huge influx of millionaires in Dubai has contributed to the recent housing market boom in the emirate, with several ultra-high-net-worth individuals (UHNWIs) acquiring $8 million-plus homes since 2020, according to Luxhabitat Sotheby’s. Read the original article in Zawya: Influx of global millionaires driving up Dubai's housing market boom
Dubai consumer confidence surges to 10-year high
October 17, 2021 Propelled by increased economic activity, consumer confidence in Dubai surged to its highest level in 10 years during the third quarter of 2021, the Consumer Confidence Index tracked by Dubai Economy showed. Dubai’s rebounding real estate is yet another testimony to the newfound buoyancy in the emirate’s overall recovery from the pandemic. Demand for property from overseas…
Saudi Arabia’s FII total deals to hit $125 billion after this year’s new contracts
October 14, 2021 Saudi Arabia’s Future Investment Initiative forum to be held in Riyadh this month is expected to see more investment deals that will bring total deals made under this initiative to $125 billion since its launch in 2017. Read the original article in Arab News: Saudi Arabia’s FII total deals to hit $125 billion after this year's new…
Greenstone becomes first Fund Placement Firm licensed by UAE Securities and Commodities Authority
June 11, 2019 (Dubai) Greenstone Equity Partners, the largest fund placement firm in the Middle East, has become the first firm of its kind to obtain a license to promote financial products and foreign securities by the UAE's Securities and Commodities Authority (SCA). The SCA has granted Greenstone’s UAE subsidiary, Greenstone Equity Partners Financial Products Promotion L.L.C., a license to perform…
Middle East based boutiques offer alternative to global firms
April 7, 2019 (Dubai) Greenstone Equity Partners is leading the dialogue on challenges faced by bankers looking to go it alone in the Middle East. Greenstone Equity Partners' Alex Gemici, was quoted: Even if the founder has deep personal relationships within the region, clients and counterparties want to feel comfortable that any new firm will have longevity and will operate…
Liquidity becoming key for investing in hedge funds
April 7, 2019 (Dubai) Greenstone Equity Partners shares it's depth and breadth of expert industry knowledge on hedge funds. Alex Gemici, Greenstone's CEO has been quoted: There has been a swing back to high quality hedge funds in recent years as investors have begun to ascribe greater value to liquidity. In asset classes such as private equity or venture capital,…