Trusted Insighthttp://thetrustedinsight.com/2023-04-12T12:10:25.491099-04:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
Silicon Valley VCs Tour Middle East In Hunt For Funding
2023-04-12T12:10:25.491099-04:00https://www.thetrustedinsight.com/investment-news/silicon-valley-vcs-tour-middle-east-in-hunt-for-funding-20230412267/
Top technology VCs such as Andreessen Horowitz, Tiger Global and IVP have jetted teams of executives to Saudi Arabia, the United Arab Emirates and Qatar in recent weeks.
UAE Aims To Convert Oil Wealth Into Tech Prowess
2022-08-05T11:57:59.531788-04:00https://www.thetrustedinsight.com/investment-news/uae-aims-to-convert-oil-wealth-into-tech-prowess-20220805822/
The Middle East has long been thought of as an oil region, but the United Arab Emirates aims to change this with an intense focus on growing the country’s technology and startup scene. For the first half of 2022, the Middle East region brought in $1.73 billion in investments across 354 deals — a 64% year-over-year growth.
Israeli Tech's 'Thirst' For UAE Cash Must Overcome Old Enmity
2020-08-27T21:15:49.134107-04:00https://www.thetrustedinsight.com/investment-news/israeli-techs-thirst-for-uae-cash-must-overcome-old-enmity-20200827770/
A thaw in relations between Israel and the United Arab Emirates has raised expectations of an influx of funding in 'Silicon Wadi', Israel's answer to Silicon Valley.
Deutsche Bank Plans To Expand In Saudi
2018-02-27T15:49:21.503272-05:00https://www.thetrustedinsight.com/investment-news/deutsche-bank-plans-to-expand-in-saudi-20180227502/
Deutsche Bank AG is expanding in Saudi Arabia and the United Arab Emirates as the lender expects sovereign bond sales and initial public offerings to drive deals this year.
10 Most Important Reads Of The Week - May 05, 2017
2017-05-05T11:20:26.262608-04:00https://www.thetrustedinsight.com/investment-news/10-most-important-reads-of-the-week-may-05-2017-20170505186/
It has been an eventful week, and it's easy to fall behind. Here are the 10 most important reads of the week.
Dubai Tycoon Said To Weigh Buying Into Venture Capital Firms
2017-05-01T10:48:07.802317-04:00https://www.thetrustedinsight.com/investment-news/dubai-tycoon-said-to-weigh-buying-into-venture-capital-firms-20170501998/
Dubai-based business tycoon Mohamed al-Abbar is weighing buying into venture capital firms in the Middle East to help kick start his $1 billion technology fund, according to people familiar with the matter.
Emiratis, Malaysians Reach $1.2B Deal Over Troubled Fund
2017-04-24T16:19:05.464978-04:00https://www.thetrustedinsight.com/investment-news/emiratis-malaysians-reach-12b-deal-over-troubled-fund-20170424841/
Emirati and Malaysian officials said Monday they reached a deal to resolve a legal dispute over the indebted and troubled Malaysian investment fund 1MDB, with the United Arab Emirates set to receive $1.2 billion over this year.
Gulf Capital Invests AED 500M In Technology And Ecommerce Companies
2017-04-07T10:48:45.309371-04:00https://www.thetrustedinsight.com/investment-news/gulf-capital-invests-aed-500m-in-technology-and-ecommerce-companies-20170407301/
Gulf Capital becomes one of largest investors in the digital economy in GCC, injecting over half a billion dirhams in regional internet and ecommerce companies.
When Oil No Longer Delivers Growth, Venture Capital Can Take Over
2017-02-06T13:23:34.604477-05:00https://www.thetrustedinsight.com/investment-news/when-oil-no-longer-delivers-growth-venture-capital-can-take-over-20170206169/
Venture capital is critical to the future success of not only the UAE but also the GCC. To understand this we first need to understand the historic formula for our success – oil leads to financial capital, which leads to real estate development, which creates social and business communities that attract people. Repeat.
Despite PM Narendra Modi’s Push, Mega UAE-India Infrastructure Fund Plan At Risk
2017-01-27T15:52:44.029939-05:00https://www.thetrustedinsight.com/investment-news/despite-pm-narendra-modis-push-mega-uae-india-infrastructure-fund-plan-at-risk-20170127911/
Even as infrastructure investments by the private sector is in the doldrums and the government’s ability to invest in the sector is constrained, New Delhi runs the risk of delaying, if not partly losing, the mammoth capital support promised by the United Arab Emirates (UAE). The reason: The government’s failure to put in place a mutually acceptable institutional structure for mobilising the funds.
VC Recap: Stellar Year For Enterprise-Focused Funds; UAE Next VC Hotspot
2017-01-20T12:48:36.239929-05:00https://www.thetrustedinsight.com/investment-news/vc-recap-funds-raise-record-amount-israel-next-vc-gold-mine-20170120637/
Introducing Trusted Insight's Venture Capital Recap, a compilation of the most important venture capital news from this week. Here are the stories you may have missed:
UAE Can Be The Next Hotspot For Venture Capital
2017-01-17T10:03:56.211143-05:00https://www.thetrustedinsight.com/investment-news/uae-can-be-the-next-hotspot-for-venture-capital-20170117443/
The Central Bank of the UAE has so far been the regulator regarding lending, but a central bank regulates to protect depositors of a bank and they are usually and understandably reticent to allow banks to lend to start-ups.
UAE Unveils Legal System For Venture Capital Funds
2017-01-11T10:26:45.181655-05:00https://www.thetrustedinsight.com/investment-news/uae-unveils-legal-system-for-venture-capital-funds-1-20170111302/
<p>The UAE government announced on Saturday the establishment of a legal system for venture capital funds. The move comes as part of the projects of the first batch of government accelerators launched earlier by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, to expedite the process of achieving the National Agenda goals.</p>
UAE Unveils Legal System For Venture Capital Funds
2017-01-09T11:01:49.117889-05:00https://www.thetrustedinsight.com/investment-news/uae-unveils-legal-system-for-venture-capital-funds-20170109217/
The UAE government announced on Saturday the establishment of a legal system for venture capital funds. The move comes as part of the projects of the first batch of government accelerators launched earlier by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, to expedite the process of achieving the National Agenda goals.
Abu Dhabi's Government Is Going To Invest $10B In The World's Largest VC Fund
2017-01-06T14:16:46.344343-05:00https://www.thetrustedinsight.com/investment-news/abu-dhabis-government-is-going-to-invest-10b-in-the-worlds-largest-vc-fund-20170106186/
When the fund was announced, SoftBank said it will be made up with $45 billion (£37 billion) from Saudi Arabia via the Kingdom’s Public Investment Fund, $25 billion (£20 billion) from SoftBank, and $35 billion (£28 billion) from other global investors.
Uber's Mideast Rival Careem Goes Unicorn
2016-12-20T16:58:17.385773-05:00https://www.thetrustedinsight.com/investment-news/ubers-mideast-rival-careem-goes-unicorn-20161220721/
Uber's Mideast rival Careem Networks has raised funding, putting it at a $1 billion valuation.Citing an SEC filing, Techcrunch reported that STC acquired a 10% stake in Careem for $100 million. The tech news site also added that the $350 million funding is part of a larger $500 million target for Careem. Careem's other backers include Mideast buyout shop Abraaj Group and Al Tayyar, a travel and tourism company in Saudi Araba.
Next Orbit's $750M Fund Gets Commitment From UAE Investors
2016-10-18T12:08:33.512689-04:00https://www.thetrustedinsight.com/investment-news/next-orbits-750m-fund-gets-commitment-from-uae-investors-20161018770/
Venture capital firm Next Orbit Ventures has received commitment from UAE-based investors, including DP World, Emmar and Etisalat, for its over USD 750 million or Rs 5,000 crore fund.
Middle East Investment Surges To $10B In 2016 As SWFs, Other Groups Diversify Global Assets
2016-09-09T11:41:19.635559-04:00https://www.thetrustedinsight.com/investment-news/middle-east-investment-surges-to-10b-in-2016-as-swfs-other-groups-diversify-global-assets-1-20160909877/
Middle East investors pumped nearly $10 billion into global commercial real estate markets in the first half of 2016, driven by sharp increases in U.S. investments by sovereign wealth funds from Qatar, United Arab Emirates and other groups, according to a new report by CBRE Group, Inc.
Emirates Real Estate Fund Acquires Binghatti Terraces In Dubai Silicon Oasis
2016-09-08T14:19:09.307510-04:00https://www.thetrustedinsight.com/investment-news/emirates-real-estate-fund-acquires-binghatti-terraces-in-dubai-silicon-oasis-20160908836/
<p>In accordance with EREF's sustainable growth strategy to invest in income-producing real estate in the UAE, Binghatti Terraces is a residential building with a current gross rental income of approximately AED 14.5 million per annum. Over the last 24 months the fund has invested over AED 600 million in real estate acquisitions, including Arabian Oryx House in Al Barsha Heights, part of Burj Daman in DIFC and Remraam in Dubailand.</p>
Dubai Draws Chinese Real Estate Investment Through Status As Education Hub
2016-09-07T17:34:22.356961-04:00https://www.thetrustedinsight.com/investment-news/dubai-draws-chinese-real-estate-investment-through-status-as-education-hub-20160907799/
"What we find is a bit of a missed opportunity is that one of the major drivers for Chinese investors is education. Obviously, both Dubai and Abu Dhabi have invested quite heavily in bringing in some high-class education facilities. Presenting that and offering it to the Chinese in an effective way will certainly help to drive demand for property investment."
Gulf Investors Look To Strike Gold In Sudan
2016-08-24T12:20:10.328904-04:00https://www.thetrustedinsight.com/investment-news/gulf-investors-look-to-strike-gold-in-sudan-20160824175/
The Sudanese government has forged several new agreements with mining companies based in Gulf and Egypt to invest in the gold sector. Companies based in Saudi Arabia, the United Arab Emirates and Qatar all expressed willingness to invest in mining sector in Sudan.
Middle Eastern Venture Capital Funds Have The Wind In Their Sails
2016-08-03T14:56:04.101399-04:00https://www.thetrustedinsight.com/investment-news/middle-eastern-venture-capital-funds-have-the-wind-in-their-sails-20160803038/
<span style="line-height: 20.8px;">The venture capital market in the Middle East has seen significant development in recent years, with the number of private and government-sponsored VC funds and initiatives growing rapidly. Such incentives include the $400 million per annum allocated by the Central Bank of Lebanon for Lebanese banks to invest in start-ups.</span>
Family Office JV Makes $1.3B Bid For Swanky NYC And London Hotels
2016-07-27T13:39:32.650554-04:00https://www.thetrustedinsight.com/investment-news/family-office-jv-makes-13b-bid-for-swanky-nyc-and-london-hotels-20160727625/
One of London's most iconic hotels may be facing new ownership after a consortium of family offices from Saudi Arabia, the United Arab Emirates and the UK have tabled a $1.3bn (£989m) bid to acquire Grosvenor House Hotel and majority stakes in two New York sites.
Abu Dhabi's Powerful Wealth Fund Sticks To Long-Term Plan
2016-07-20T11:09:38.056787-04:00https://www.thetrustedinsight.com/investment-news/abu-dhabis-powerful-wealth-fund-sticks-to-long-term-plan-20160720255/
<span style="line-height: 20.8px;">The Abu Dhabi Investment Authority says it is committed to a long-term investment strategy despite a slump in oil prices and concerns about slower economic growth worldwide.</span>
What Are Family Offices Up To In The Middle East?
2016-06-16T12:02:27.242748-04:00https://www.thetrustedinsight.com/investment-news/what-are-family-offices-up-to-in-the-middle-east-20160616634/
The reality is there aren't many family offices in the region
What UAE Investors Need To Buy Property In Brazil
2016-06-10T11:10:09.414523-04:00https://www.thetrustedinsight.com/investment-news/what-uae-investors-need-to-buy-property-in-brazil-20160610271/
Holding a torch for Brazil property might seem like an unwise investment decision for UAE investors - but there are gains to be made for those that tread carefully.
Dubai Is Second Most Important Retail Destination For Fifth Year Running
2016-05-24T16:15:09.975787-04:00https://www.thetrustedinsight.com/investment-news/dubai-is-second-most-important-retail-destination-for-fifth-year-running-20160524207/
Dubai retained its position as the second most important international shopping destination globally for the fifth consecutive year, closely behind London, which retained the number one position, according to the 2016 edition of the ‘How Global is the Business of Retail?’ by leading global property advisor CBRE.
UAE Jumps Up Infrastructure Investment Index
2016-05-24T15:30:11.589543-04:00https://www.thetrustedinsight.com/investment-news/uae-jumps-up-infrastructure-investment-index-20160524197/
Dubai listed as ‘one to watch’ thanks to investment for Expo 2020
Riding On The Dubai Property Roller Coaster
2016-05-04T14:47:48.255992-04:00https://www.thetrustedinsight.com/investment-news/riding-on-the-dubai-property-roller-coaster-20160504816/
The Gulf emirate shot to prominence as an attractive real estate market after opening up special freehold zones for foreign buyers since 2002
Dubai Becoming Increasingly Popular With British Property Investors
2016-05-02T10:15:08.018810-04:00https://www.thetrustedinsight.com/investment-news/dubai-becoming-increasingly-popular-with-british-property-investors-20160502517/
Dubai is proving to be increasingly popular among British property investors with figures from the land department showing they put £1.9 million into the emirate’s real estate market in 2015.
Surging Confidence Across Different Sectors To Boost FDI Into UAE: Al Mal Capital
2016-04-13T11:52:10.167757-04:00https://www.thetrustedinsight.com/investment-news/surging-confidence-across-different-sectors-to-boost-fdi-into-uae-al-mal-capital-20160413879/
The diversification of the UAE’s economy, coupled with the surging confidence across different sectors including real estate, tourism & banking and the Expo 2020 projects will contribute towards more foreign direct investments [FDI] influx into the country, according to Al Mal Capital – a subsidiary of Dubai Investments and a diversified financial investment institution offering a range of financial products.
Dubai's Emaar To Exit Joint Venture With MGF
2016-04-13T11:49:46.265767-04:00https://www.thetrustedinsight.com/investment-news/dubais-emaar-to-exit-joint-venture-with-mgf-20160413877/
<span style="line-height: 20.8px;">In a notification to Bombay Stock Exchange, Emaar MGF said the board has decided to take steps for re-organisation of the company through a "Scheme of Demerger".</span>
GCC HNWIs Identify UAE Cities As Most Popular Investment Locations In The Middle East
2016-04-06T16:11:27.584502-04:00https://www.thetrustedinsight.com/investment-news/gcc-hnwis-identify-uae-cities-as-most-popular-investment-locations-in-the-middle-east-20160406681/
Dubai, Abu Dhabi and Sharjah have emerged as the region’s most popular investment destinations amongst GCC High Net Worth Individuals, according to leading real estate consultancy, Cluttons.
London's Qatari Quarter Expands With Arabs Snapping Up £1B Of Real Estate
2016-03-31T17:18:58.660816-04:00https://www.thetrustedinsight.com/investment-news/londons-qatari-quarter-expands-with-arabs-snapping-up-1b-of-real-estate-20160331502/
Huge investment by the Qatari royal family and other rich nationals has formed an exclusive district in London’s Mayfair which is said to cover about a quarter of its 279 acres and 4,300 homes.
Al Barakah's $230M Al Qana Complex Will House 'UAE's Largest Aquarium'
2016-03-31T17:07:54.621002-04:00https://www.thetrustedinsight.com/investment-news/al-barakahs-230m-al-qana-complex-will-house-uaes-largest-aquarium-20160331500/
Abu Dhabi developer Al Barakah International Investments is planning to build the UAE’s largest aquarium as part of a Dhs 850m ($230m) housing and tourism project with Abu Dhabi Municipality.
Africa A Land Of Opportunity For Commercial Property Investors
2016-03-30T10:40:19.538091-04:00https://www.thetrustedinsight.com/investment-news/africa-a-land-of-opportunity-for-commercial-property-investors-20160330410/
Knight Frank identified seven major African countries that it said presented opportunities for investment in retail, commercial property, logistics and the hotels market, but buyers are warned to take great care.
61% Of UAE High Net Worth Individuals To Invest In Global Real Estate In 2016
2016-03-18T12:42:48.339352-04:00https://www.thetrustedinsight.com/investment-news/61-of-uae-high-net-worth-individuals-to-invest-in-global-real-estate-in-2016-20160318792/
Cluttons’ 2016 Middle East Private Capital Survey, in partnership with YouGov, shows that London, which has historically been an investment magnet for Middle East HNWI, has emerged alongside New York as the top investment location outside the Middle East for UAE HNWI in 2016, while Dubai has been identified as the preferred location within the Middle East.
Milestone Capital Exits Bengaluru Property, Hines-Abu Dhabi Closes First Investment
2016-03-15T13:37:38.918169-04:00https://www.thetrustedinsight.com/investment-news/milestone-capital-exits-bengaluru-property-hines-abu-dhabi-closes-first-investment-20160315594/
Real estate private equity firm Milestone Capital has exited a commercial property in Bengaluru with a 16 per cent internal rate of return, while the investment platform of Hines and Abu Dhabi Invest Authority has closed its first investment in Gurgaon.
United Arab Emirates Backs Oil Producers’ Output Freeze Plan
2016-02-20T17:00:12.277317-05:00https://www.thetrustedinsight.com/investment-news/united-arab-emirates-backs-oil-producers-output-freeze-plan-20160220300/
The United Arab Emirates threw its support on Thursday behind a plan by major oil producers to freeze output levels in an attempt to halt a slide in crude prices that has pushed them to their lowest point in more than a decade.
Saudi, Russian Oil Ministers Plan Talks In Doha Tuesday
2016-02-16T09:54:09.273520-05:00https://www.thetrustedinsight.com/investment-news/saudi-russian-oil-ministers-plan-talks-in-doha-tuesday-20160216068/
Saudi Arabia’s oil minister plans to meet with his Russian counterpart in Doha on Tuesday to discuss the oil market, according to a person familiar with the talks.
Distressed Fund Sancta Readies For U.A.E. Deals After Oil Slump
2016-02-01T15:02:19.921651-05:00https://www.thetrustedinsight.com/investment-news/distressed-fund-sancta-readies-for-uae-deals-after-oil-slump-20160201289/
<span style="line-height: 18.9091px;">Distressed investment opportunities in the United Arab Emirates and the Persian Gulf will rise this year as stock markets and companies in the region buckle under the pressure of oil trading at around $30 a barrel, according to Sancta Capital Group.</span>
Oil Prices Fall Below US$30 A Barrel
2016-01-13T13:17:24.382298-05:00https://www.thetrustedinsight.com/investment-news/oil-prices-fall-below-us30-a-barrel-20160113532/
US crude prices fell below US$30 a barrel for the first time in 12 years on Tuesday as OPEC member Nigeria called for an emergency meeting to address collapsing prices.
Saudi To Boost Aid, Investment To Egypt: Crown Prince
2015-12-17T15:19:38.637216-05:00https://www.thetrustedinsight.com/investment-news/saudi-to-boost-aid-investment-to-egypt-crown-prince-20151217311/
Saudi Arabia has pledged a total of eight billion dollars in investment and aid to Egypt over the next five years, as Riyadh looks to boost military and economic ties with its ally.
Dubai's Ports Operator DP World Announces $1.9B Investment In China
2015-12-17T15:02:17.514571-05:00https://www.thetrustedinsight.com/investment-news/dubais-ports-operator-dp-world-announces-19b-investment-in-china-20151217300/
Dubai-based ports operator DP World is investing around $1.9bn in China, according to one of the official Twitter accounts of Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al Nahyan.
Saudi Arabia working out strategy to face era of cheap oil, cut spending
2015-12-14T16:30:38.899081-05:00https://www.thetrustedinsight.com/investment-news/saudi-arabia-working-out-strategy-to-face-era-of-cheap-oil-cut-spending-20151214041/
Saudi Arabia's government is expected to announce spending cuts and a drive to raise revenue from new sources as it lays out a strategy to cope with an era of cheap oil, people familiar with Saudi policy-making said.<br />
Scope to develop renewable energy with China: UAE Foreign Minister
2015-12-14T11:56:38.551408-05:00https://www.thetrustedinsight.com/investment-news/scope-to-develop-renewable-energy-with-china-uae-foreign-minister-20151214989/
UAE considers there to be significant scope to work in partnership with China to foster regional trade, further develop renewable energy technologies in a post-oil future, engage closely in space cooperation, and develop new forms of communication and information exchange.
OPEC decision on production driven by hard economic realities
2015-12-14T11:49:53.077801-05:00https://www.thetrustedinsight.com/investment-news/opec-decision-on-production-driven-by-hard-economic-realities-20151214987/
The decision by the Organisation of Petroleum Exporting Countries (OPEC) offers major importers of hydrocarbons, such as China and Japan, the opportunity to benefit from lower energy import bills, but OPEC’s decision is hardly altruistic.
Gulf braces for austerity as oil slides
2015-12-09T17:28:02.021540-05:00https://www.thetrustedinsight.com/investment-news/gulf-braces-for-austerity-as-oil-slides-20151209825/
Faced with heavy losses from low oil prices, Gulf states have embarked on belt-tightening measures to cut spending and boost non-crude revenues, but analysts warn much more needs to be done.
Iran's Mines Could Bring in Even More Cash Than Crude
2015-11-30T13:31:01.515976-05:00https://www.thetrustedinsight.com/investment-news/irans-mines-could-bring-in-even-more-cash-than-crude-20151130293/
Iran, OPEC’s fifth-largest crude producer, has potential to generate more revenue from mining than it does from crude if the government puts more focus on developing the metals sector, according to Mojtaba Khosrowtaj, first deputy minister in charge of trade at Iran’s Ministry of Industry, Mine and Trade.
A quarter of house sales to foreign buyers in Turkey went to Gulf nationals
2015-11-23T17:39:33.793630-05:00https://www.thetrustedinsight.com/investment-news/a-quarter-of-house-sales-to-foreign-buyers-in-turkey-went-to-gulf-nationals-20151123963/
Investors from the Gulf Cooperation Council are among the biggest international investors in Turkey’s real estate market, according to official estimates.
The Bullish Case For Aussie Gold
2015-11-16T11:55:03.322369-05:00https://www.thetrustedinsight.com/investment-news/the-bullish-case-for-aussie-gold-20151116463/
Just yesterday I arrived back in the States after spending two weeks globetrotting and attending international investing conferences, first in New Orleans, then in Lima, Peru.
Tenable Network Security Raises $250M In One Of The Largest Funding Rounds For A Private Security Company
2015-11-11T13:22:09.259007-05:00https://www.thetrustedinsight.com/investment-news/tenable-network-security-raises-250m-in-one-of-the-largest-funding-rounds-for-a-private-security-company-20151111233/
Tenable Network Security, Inc. today announced a $250 million Series B funding round led by Insight Venture Partners and Accel.
Global Venture Capital From A Middle Eastern Perspective
2015-11-02T17:42:51.096976-05:00https://www.thetrustedinsight.com/investment-news/global-venture-capital-from-a-middle-eastern-perspective-20151102654/
Do you need rocket fuel? That is what venture capital is. Let me explain in a very basic, generic way.
Oil-Rich Saudi Arabia Will Run Out Of 'Financial Assets' Within 5 Years Warns IMF
2015-10-23T10:29:03.840969-04:00https://www.thetrustedinsight.com/investment-news/oil-rich-saudi-arabia-will-run-out-of-financial-assets-within-5-years-warns-imf-20151023198/
The IMF estimates the kingdom will post a budget deficit of more than 20 per cent of gross domestic product this year, amounting to up to $150 billion amid a drop in oil prices.
Chinese business group seek new investment in Eastern Africa
2015-09-29T11:05:07.392192-04:00https://www.thetrustedinsight.com/investment-news/chinese-business-group-seek-new-investment-in-eastern-africa-20150929616/
A group of Chinese investors are visiting Kenya this week to scout for prospects of investment in the East Africa nation.
The investors on Sunday night held talks with former Vice-President Kalonzo Musyoka and ex-Prime Minister Raila Odinga in Nairobi.
During the meeting, the two opposition leaders extended their warm welcome to the billionaire delegation to Kenya which are visiting the Maasai Mara on Monday to witness seventh wonder of the world, the wild beast migration.
"Kenya is the gateway to the East African Market so when you invest your money in this country, you are assured of an East African Market, so please come and set your headquarters in this great country," Musyoka said in a statement welcoming the delegation.
Kenya is also a major beneficiary of Chinese-funded infrastructure projects like superhighways, railway network and seaports.
The East Africa’s largest economy has a cordial relationship with China whose benefits are being felt across socio-economic spheres.
Chinese investments in Kenya’s infrastructure, manufacturing and mining sectors had ripple effects in the region.
Musyoka is the Honorary Chairman of World Eminent Chinese Businessmen Association (WECBA), a group of businessmen with diverse investments across the globe.
The team led by Lu Junqing is in the country for three days where they will hold various meeting with potential partners in different fields including real estate, agriculture trade, energy and mining and steel production among others.
WECBA through the China-Africa Hope project, the philanthropist wing of the organization has donated and built 20 schools to African, 10 of which where donated to Kenya through Kalonzo Musyoka Foundation (KMF) in 2011.
Four schools are located in n Mwingi and six in Kisii County, as they have greatly improved the education standards of the areas mentioned.
The China- Africa Hope project Secretary General Jenniffer Lu visited and toured the schools last week accompanied by the KMF patron Musyoka.
The delegation is also expected to visit South Africa, Namibia, Zambia and the United Arab Emirates in this second leg of their African visit dubbed "the Second Entrepreneurs Charity Journey to Africa."
Deutsche Asset & Wealth Management appoints new Head of Institutional Asset Management MENA
2015-09-09T12:08:50.526439-04:00https://www.thetrustedinsight.com/investment-news/deutsche-asset-wealth-management-appoints-new-head-of-institutional-asset-management-mena-20150909889/
Deutsche Asset & Wealth Management announced today the appointment of Albert Trinkl as Head of Institutional Asset Management MENA, Global Client Group, effective September 1, 2015. Trinkl will be ba...
HSBC: Fears of UAE property crisis overblown
2015-09-08T16:53:47.426101-04:00https://www.thetrustedinsight.com/investment-news/hsbc-fears-of-uae-property-crisis-overblown-20150908855/
Fears of a crisis in the United Arab Emirates real estate market are overblown because the impact of weaker currencies and slowdown in transaction numbers is lower than some reports suggest, HSBC Holdings Plc. said.
Greenstone Equity Partners and Trinity Investments offer GCC investors real estate projects in Japan
2015-09-02T14:54:44.967468-04:00https://www.thetrustedinsight.com/investment-news/greenstone-equity-partners-and-trinity-investments-offer-gcc-investors-real-estate-projects-in-japan-20150902630/
Greenstone Equity Partners recently announced its collaboration with Trinity Investments, LLC to raise capital from GCC investors for real estate investment in Japan.
Foreign Investment in U.S. Real Estate Assets to Hit Record High
2015-08-24T18:57:16.776736-04:00https://www.thetrustedinsight.com/investment-news/foreign-investment-in-us-real-estate-assets-to-hit-record-high-20150824178/
The wave of foreign capital flowing into U.S. real estate is poised for a record-setting year. read more
UAE and India to set up a US$75 billion infrastructure fund - Asia Asset Management - The Journal of Investments & Pensions
2015-08-19T14:19:02.845070-04:00https://www.thetrustedinsight.com/investment-news/uae-and-india-to-set-up-a-us75-billion-infrastructure-fund-asia-asset-management-the-journal-of-investments-pensions-20150819850/
20 August 2015
Category: News, Asia, Global, India, United Arab
By Hui Ching-hoo...
Morgan Stanley Wealth Focusing on Most-Profitable Clients for International Business
2015-08-19T12:03:01.207312-04:00https://www.thetrustedinsight.com/investment-news/morgan-stanley-wealth-focusing-on-most-profitable-clients-for-international-business-20150819834/
Aug 18 (Reuters) - Morgan Stanley's U.S.-based wealth management business is cutting the number of its foreign accounts to focus on its most profitable customers, a person familiar with the bank's th...
Can venture capital and hedge funds be a force for good?
2015-08-11T14:04:14.995077-04:00https://www.thetrustedinsight.com/investment-news/can-venture-capital-and-hedge-funds-be-a-force-for-good-20150811596/
The rise of the alternative investment industry, which includes asset classes such as private equity buyouts, venture capital and hedge funds, has led to many concerns. Some say that hedge funds are ...
MENA Private Equity Association: State of Middle East’s PE Industry
2015-07-31T15:30:08.135100-04:00https://www.thetrustedinsight.com/investment-news/mena-private-equity-association-state-of-middle-easts-pe-industry-20150731443/
The non-profit organisation MENA Private Equity Association has published its latest report in the private equity and venture capital industry of the Middle East and North Africa. The ninth report found that private equity in the region continues to interest investors and deal volumes in the region are growing. The Findings The […]
Billionaire Saudi prince vows to donate $32 billion fortune
2015-07-02T11:13:57.642650-04:00https://www.thetrustedinsight.com/investment-news/billionaire-saudi-prince-vows-to-donate-32-billion-fortune-20150702865/
Saudi Arabia's billionaire Prince Alwaleed bin Talal, one of the world's richest people, announced Wednesday that he will donate all of his wealth of $32 billion to...
Saudi Arabia opens $585B stock market to foreign investors
2015-06-16T15:12:36.122738-04:00https://www.thetrustedinsight.com/investment-news/saudi-arabia-opens-585b-stock-market-to-foreign-investors-20150616559/
DUBAI, United Arab Emirates (AP) — Saudi Arabia's stock market, valued at $585 billion, opened up to direct foreign investment for the first time Monday, as the kingdom seeks an economic boost amid l...
Nope. OPEC won't cut oil production
2015-06-05T10:51:23.700595-04:00https://www.thetrustedinsight.com/investment-news/nope-opec-wont-cut-oil-production-20150605344/
OPEC decided on Friday not to cut oil production despite the fact that prices have tumbled 40% from a year ago....
Low Energy Prices Offer Opening for Subsidy Cuts
2015-02-05T14:11:13.517342-05:00https://www.thetrustedinsight.com/investment-news/low-energy-prices-offer-opening-for-subsidy-cuts-20150205216/
In Saudi Arabia, drivers pay roughly 45 cents a gallon to fill up their cars, and in Venezuela even less. Energy is so inexpensive in Kuwait and Qatar that residents chill their enormous swimming poo...
Alkhabeer Starts Venture Fund for Saudi Startups
2014-12-22T14:19:44.852386-05:00https://www.thetrustedinsight.com/investment-news/alkhabeer-starts-venture-fund-for-saudi-startups-20141222929/
Alkhabeer Ventures will target mobile, e-commerce, news media and social media startups and new technologies like 3D imaging.
Brent Crude Falls as Saudi Escalates Opec Oil Price War
2014-11-04T16:14:36.466864-05:00https://www.thetrustedinsight.com/investment-news/brent-crude-falls-as-saudi-escalates-opec-oil-price-war-20141104582/
Oil prices were in free fall on Tuesday morning after it emerged that Saudi Arabia, the world's largest exporter, had slashed its contract price for its US customers in a further sign of an esc...
NBK Capital and Gulf Capital Close Funds for Middle East Investment - Private Equity Beat
2014-10-28T16:39:57.542924-04:00https://www.thetrustedinsight.com/investment-news/nbk-capital-and-gulf-capital-close-funds-for-middle-east-investment-private-equity-beat-20141028515/
Gulf Capital and NBK Capital have closed two of the largest vehicles focused on the Middle East since the global financial crisis rocked major hubs like Dubai, and since the Arab Spring swept through...
Shell and BP are Up to Bat for Abu Dhabi Oil
2014-09-30T16:17:53.065992-04:00https://www.thetrustedinsight.com/investment-news/shell-and-bp-are-up-to-bat-for-abu-dhabi-oil-20140930277/
Royal Dutch Shell and BP are in the final running for a fiercely fought-over
deal to operate some of the biggest onshore oil fields in the Persian Gulf,
in what would be potentially a major tri...
Foreign Investment in Mauritius Jumped With the Help of Real Estate
2014-09-15T15:51:30.697637-04:00https://www.thetrustedinsight.com/investment-news/foreign-investment-in-mauritius-jumped-with-the-help-of-real-estate-20140915066/
Foreign direct investment in Mauritius jumped 67.3 percent to 7.926 billion rupees ($253 million) in the first six months of 2014 from a year earlier, helped by a flow of money...
Egypt Likely to Lead Mideast Private Equity Rebound, Report Says
2014-07-15T11:11:10.559963-04:00https://www.thetrustedinsight.com/investment-news/8324-egypt-likely-to-lead-mideast-private-equity-rebound-report-says-20140715324/
The private equity sector in the Middle East and North Africa has been experiencing a rough ride since the global financial crisis engulfed the region five years ago....Last year was no different with the total number of private equity deals in the region declining to 66 from 101 in 2012, while the total value of those investments fell to $0.7 billion from $0.9 billion, according to the MENA Private Equity Association’s annual report on the industry.
RDIF launches an initiative to set up a joint fund to implement BRICS infrastructure projects
2014-07-15T11:01:34.236226-04:00https://www.thetrustedinsight.com/investment-news/8323-rdif-launches-an-initiative-to-set-up-a-joint-fund-to-implement-brics-infrastructure-projects-20140715323/
Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), has announced an initiative to form a joint fund to invest in the equity capital of BRICS infrastructure projects while he attends the BRICS summit in Fortaleza. Representatives of leading financial institutions, BRICS sovereign wealth funds and RDIF’s international partners have given their complete support to the initiative. Should the negotiations be successful, the joint fund will become operational by the next BRICS summit which is scheduled to take place in Ufa (Russia) in 2015.
Abu Dhabi Said to Explore $2 Billion Sale of Fund Stakes
2014-07-09T13:53:11.992868-04:00https://www.thetrustedinsight.com/investment-news/8244-abu-dhabi-said-to-explore-2-billion-sale-of-fund-stakes-20140709244/
Abu Dhabi Investment Authority, one
of the world’s largest sovereign-wealth funds, is said to be
considering selling as much as $2 billion in private-equity fund
stakes....
Dubai SWF CEO: "If Dubai had to do the same again, most likely we would follow the same approach"
2014-04-14T15:34:15.533428-04:00https://www.thetrustedinsight.com/investment-news/6778-dubai-swf-ceo-if-dubai-had-to-do-the-same-again-most-likely-we-would-follow-the-same-approach-20140414778/
Dubai told international bankers on Monday that it was gearing up for another boom and did not regret the pro-growth policies which brought it to the brink of default five years ago. It appeared to win the endorsement of many of the bankers.
Qatar SWF Investment Executive Said to Start Hedge Fund
2014-04-10T14:07:45.132416-04:00https://www.thetrustedinsight.com/investment-news/6721-qatar-swf-investment-executive-said-to-start-hedge-fund-20140410721/
LONDON -- A top investment executive at Qatar's sovereign wealth fund is leaving to start a hedge fund, people briefed on the development said....
In-depth report on the Arab Uprising and MENA Political Instability: Implications for Oil and Gas Markets
2014-03-17T15:11:40.111675-04:00https://www.thetrustedinsight.com/investment-news/6359-in-depth-report-on-the-arab-uprising-and-mena-political-instability-implications-for-oil-and-gas-markets-20140317359/
A detailed report on how the political instability of the Arab world has implications in the energy sector and the reliability of it as a supplier to the world.
Locals Are Driving Dubai's Real Estate Market Recovery
2014-03-10T14:50:55.687939-04:00https://www.thetrustedinsight.com/investment-news/6210-locals-are-driving-dubais-real-estate-market-recovery-20140310210/
But buyers from Germany, India and the UK are also high up on the list, according to the figures from the Dubai Land Department....
Arabtec Lands Deal to Build 1 Million Housing Units in Egypt
2014-03-10T14:45:57.374667-04:00https://www.thetrustedinsight.com/investment-news/6209-arabtec-lands-deal-to-build-1-million-housing-units-in-egypt-20140310209/
The value of the overall development is EGP280 billion ($40 billion). The majority of the funding will come from Egyptian and foreign banks, the company said.
Falcon Investment Advisors Prepares to Take on External Family Money
2014-03-07T10:29:24.798488-05:00https://www.thetrustedinsight.com/investment-news/6167-falcon-investment-advisors-prepares-to-take-on-external-family-money-20140307167/
Single-family office Falcon Investment Advisors is building its capabilities in the Lion City as it looks to bring in external family money for the first time....
Tecom and MAF to build mall in Dubai's International Media Production Zone
2014-03-03T15:46:04.079163-05:00https://www.thetrustedinsight.com/investment-news/6073-tecom-and-maf-to-build-mall-in-dubais-international-media-production-zone-20140303073/
Tecom Investments, the Dubai business parks firm, has clinched a deal with the retailing and property conglomerate Majid Al Futtaim (MAF) to build a new 1 million square foot mall in the south of the...
Gulf Investor Interest Highlights Egypt's Retail Upside
2014-03-03T15:43:09.383949-05:00https://www.thetrustedinsight.com/investment-news/6072-gulf-investor-interest-highlights-egypts-retail-upside-20140303072/
Dubai-based retail group Majid Al Futtaim (MAF) has plans to invest around $2.3bn in Egypt over the coming years, its chief executive Iyad Malas told Reuters at the World Economic Forum in Davos. Malas said the plans were indicative of growing interest in the country from Gulf investors.
Dubai reveals plan to build 'smart city' for Emiratis - Property
2014-03-03T15:25:40.970602-05:00https://www.thetrustedinsight.com/investment-news/6070-dubai-reveals-plan-to-build-smart-city-for-emiratis-property-20140303070/
The smart city will accommodate about 160,000 people over a total area of 14,000 acres of land.
Surrounded by a green belt, the development will be fully sustainable and self sufficient in terms of resources, transport and energy.
For UAE Real Estate Investors, Bigger Is Better, Hotels Are Hot, and Equities Entrance
2014-02-24T13:28:47.239737-05:00https://www.thetrustedinsight.com/investment-news/5936-for-uae-real-estate-investors-bigger-is-better-hotels-are-hot-and-equities-entrance-20140224936/
Mega projects are back as confidence grows in the UAE's market. In Dubai, master-plan communities include Dubai Canal, Mohammad Bin Rashid and Dubai Waterfront.
Old Mutual Asset Management Names Richard Souri To Lead Marketing Efforts In The... -- BOSTON, Jan. 23, 2014 /PRNewswire/ -
2014-01-24T12:06:48.175766-05:00https://www.thetrustedinsight.com/investment-news/5190-old-mutual-asset-management-names-richard-souri-to-lead-marketing-efforts-in-the-boston-jan-23-2014-prnewswire--20140124190/
BOSTON, Jan. 23, 2014 /PRNewswire/ -- Old Mutual Asset Management Names Richard Souri To Lead Marketing Efforts In The Middle East. --Company expands distribution coverage in growing market through ac...
Abu Dhabi's ATIC to invest up to $10 billion in U.S. chip plant
2014-01-03T10:23:09.166629-05:00https://www.thetrustedinsight.com/investment-news/4550-abu-dhabis-atic-to-invest-up-to-10-billion-in-us-chip-plant-20140103550/
ABU DHABI (Reuters) - Abu Dhabi's Advanced Technology Investment Company (ATIC) plans to invest up to $10 billion over the next two years in GlobalFoundries' New York semiconductor factory, its chief ...
ADS Securities Opens Hong Kong Office, MD Desmond Yeo to Oversee Asian Business
2013-12-23T12:59:31.207129-05:00https://www.thetrustedinsight.com/investment-news/4108-ads-securities-opens-hong-kong-office-md-desmond-yeo-to-oversee-asian-business-20131223108/
ADS Securities Opens Hong Kong Office, MD Desmond Yeo to Oversee Asian Business...
As Dubai aggressively pursues world Expo, fears arise over inflating real estate bubble
2013-11-25T16:11:59.974129-05:00https://www.thetrustedinsight.com/investment-news/3165-as-dubai-aggressively-pursues-world-expo-fears-arise-over-inflating-real-estate-bubble-20131125165/
DUBAI, United Arab Emirates — Climb Mount Kilimanjaro, Africa's highest peak, and you might spot an unusual banner: A flag placed by six climbers emblazoned with the logo of Dubai's bid to host a Worl...
Nuveen Appoints Maureen Beshar Head of Institutional Sales - Yahoo Finance
2013-11-18T14:11:38.850449-05:00https://www.thetrustedinsight.com/investment-news/3067-nuveen-appoints-maureen-beshar-head-of-institutional-sales-yahoo-finance-20131118067/
From Yahoo Finance: Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, is pleased to announce that it has hired Maureen Beshar as Exe...
Fidus Investment says CFO Cary L. Schaefer to assume new role - Yahoo Finance
2013-11-18T12:32:46.406819-05:00https://www.thetrustedinsight.com/investment-news/3054-fidus-investment-says-cfo-cary-l-schaefer-to-assume-new-role-yahoo-finance-20131118054/
From Yahoo Finance: Fidus Investment Corporation announced that Cary L. Schaefer, the company's CFO and chief compliance officer, will be transitioning from CFO to a full-time senior investment profes...
Fidus Investment Corporation's Chief Financial Officer, Cary L. Schaefer, to Assume New Role - Yahoo Finance
2013-11-18T12:12:28.285303-05:00https://www.thetrustedinsight.com/investment-news/3048-fidus-investment-corporations-chief-financial-officer-cary-l-schaefer-to-assume-new-role-yahoo-finance-20131118048/
From Yahoo Finance: EVANSTON, Ill. -- Fidus Investment Corporation ("Fidus" or the "Company"), a leading provider of customized debt and equity financing solutions to lower middle market companies bas...
Private equity firms in Arabian Gulf eye Egypt acquisitions
2013-10-17T12:09:38.460915-04:00https://www.thetrustedinsight.com/investment-news/2079-private-equity-firms-in-arabian-gulf-eye-egypt-acquisitions-20131017079/
Private equity firms in the Arabian Gulf are targeting acquisitions in Egypt as opportunities created by that country’s fast-expanding middle class overcomes security fears...
Gulf Real Estate Investors' Turkish Delight
2013-10-14T10:32:23.990735-04:00https://www.thetrustedinsight.com/investment-news/1998-gulf-real-estate-investors-turkish-delight-20131014998/
Real estate investors from the Arab Gulf are streaming into Turkish property after a law change last year...
Dubai's Abraaj invests in African Industrial Services Group
2013-10-10T11:20:29.172130-04:00https://www.thetrustedinsight.com/investment-news/1968-dubais-abraaj-invests-in-african-industrial-services-group-20131010968/
Dubai-based Abraaj Group on Monday announced an investment through one of its funds in African Industrial Services Group (AIS). Abraaj's investment will allow AIS to expand its services to both existing and new customers...
Dubai's Ruler Establishes New Rental Dispute Centre
2013-09-23T11:28:25.011465-04:00https://www.thetrustedinsight.com/investment-news/1714-dubais-ruler-establishes-new-rental-dispute-centre-20130923714/
Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum has issued a decree to establish a new rental disputes settlement centre in the emirate as part of Dubai’s Land Department...
Perspective of a Gulf private equity investor
2013-09-19T12:18:03.078623-04:00https://www.thetrustedinsight.com/investment-news/perspective-of-a-gulf-private-equity-investor-20130919360/
Muhannad Qubbaj, the Managing Director of Private Equity, outlines the international Limited Partner (LP) base of Gulf Capital's latest fund and approach to proprietary origination of deals. Interview by Ruth McKee of Mergermarket.
Q&A with RDIF's Kirill Dmitriev
2013-09-17T10:48:06.126230-04:00https://www.thetrustedinsight.com/investment-news/1651-qa-with-rdifs-kirill-dmitriev-20130917651/
CEO of the multibillion dollar Russian Direct Investment Fund speaks to Financial News about the group's latest joint venture...
Abu Dhabi plans to invest up to $5bn in Russian infrastructure
2013-09-16T15:44:32.343486-04:00https://www.thetrustedinsight.com/investment-news/1645-abu-dhabi-plans-to-invest-up-to-5bn-in-russian-infrastructure-20130916645/
Abu Dhabi is planning to invest as much as $5bn in Russian infrastructure projects over the next seven years in a move highlighting Russian efforts to attract sovereign wealth money. The commitment fr...
Dubai Property Price Soaring, Fueling Fears Of Another Real Estate Bubble And Crash
2013-09-16T12:57:27.498682-04:00https://www.thetrustedinsight.com/investment-news/1636-dubai-property-price-soaring-fueling-fears-of-another-real-estate-bubble-and-crash-20130916636/
Five years after hitting the bottom, Dubai is again one of the best-performing real estate markets in the world, raising concerns that the city is on the brink of yet another bubble...