Search Site

Trends banner

Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.

Goldwind 2024 revenue up 12.5%

The clean energy giant posted $7.8bn in revenue for 2024.

Emaar to pay $2.39bn dividend

The company had posted $19bn in property sales for 2024.

Dubai and Abu Dhabi to vie for Gulf Capital’s offering

A file picture of Gulf Capital CEO Karim El-Solh.
  • Gulf Capital bets on growth in Asia to outperform US and European markets
  • The UAE-based institution manages more than $2.5 billion worth of assets

Gulf Capital, a UAE-based financial institution, has added Abu Dhabi and Dubai to the list of potential markets for the initial public offerings for one of its assets in 2022.

According to its CEO Karim El-Solh, the return of IPOs in Dubai and Abu Dhabi financial markets has encouraged the company to consider this step, meaning they are in contention with Saudi Arabia and Egypt.

Gulf Capital bets on growth in Asia to outperform US and European markets, El Solh said, as reported by the local media.

El Solh told reporters that Gulf Capital, which manages more than $2.5 billion in assets, has been expanding its companies’ exposure to Asia through organic growth, joint ventures and new market entries.