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Nearly 71% firms plan to expand workforce in ADGM in 2024
Abu Dhabi, UAE:Â A total of 70.81 percent of companies anticipate expanding their workforce in Abu Dhabi Global Market during 2024, with 29.93 percent expecting significant increases and 40.88 percent planning moderate growth in staffing, a study said. According to the study by ADGM, the international financial center (IFC) of...
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SVC inks pact with IMPACT46
SVC is a government investment firm established in 2018. -
Alahmadi joins SHUAA Board
He is set to be part of the Board's Investment Committee. -
GCC asset management market $500bn by 2026
Strong capital inflows, a young and growing population and growing awareness about asset management will drive the sector's growth in future. -
Saudi capital market institutions post record 2022 net income
Riyadh, Saudi Arabia -- Capital market institutions authorized by Saudi Arabia's Capital Market Authority posted a record 29.8 percent increase in net income to SAR 6.1 billion at the end of 2022, compared to 2021. Bander Sulaiman Alayed, the Deputy of Market Institutions, said the retained profits in capital market... -
Prominent firms in DIFC to tap into wealth across region
DUBAI, UAE - Over 300 prominent wealth and asset management (WAM) firms have established themselves in Dubai International Financial Center (DIFC). This milestone reinforces DIFC's position as the leading financial center for WAM companies in the Middle East Africa South Asia (MEASA) region. With an industry size of US$450 billion,... -
SHUAA’s insurance assets grow to $136m
The firm expects the assets to reach $500m within three years. -
Tariq Al Samahiji CEO of GFH Group’s UK ops
Al Samahiji is the non-executive chairman and co-founder of Orpheus Partners. -
Middle East asset management industry grows 11% to $1.2trn
The size of the Middle East’s asset management industry grew 11 per cent from 1.1 trillion of Assets Under Management (AuM) in 2019 to $1,2 trillion in 2020. -
SHUAA to launch next-gen Digital Wealth platform
The Digital Wealth Platform will open up SHUAA to a broader investor base The new digital wealth platform will integrate new technologies such as AI with curated management SHUAA, an asset management and investment banking firm, is set to launch a new digital wealth fintech as part of its plans...