Israeli defence minister warns the battle was not over even after a massive strike on Beirut that killed Hezbollah chief Hassan Nasrallah
Credit Suisse said it has so far raised $40 million or more than Dh150 million for the fund from institutional and private discretionary clients.
Benchmarked against the MSCI Arabia Ex Saudi Arabia (domestic) Index, the fund provides investors with active management, daily liquidity and exposure to a blended investment style including value and growth.
Portfolio construction will be limited to 40-60 stocks and adheres to high standards of risk management.
“We believe the Middle East offers investors a broad range of investment opportunities with a region endowed with vast natural resources and a favourable demographic profile. On-going structural reforms, regulatory and economic liberalisation are providing a strong impetus for capital growth. Our long standing presence on the ground leaves us well placed to make investment decisions,” said Farid Samji, portfolio manager of Credit Suisse’s Asset Management. — rocel@khaleejtimes.com
Israeli defence minister warns the battle was not over even after a massive strike on Beirut that killed Hezbollah chief Hassan Nasrallah
The vehicle must belong to the company; advertising on vehicles owned by individuals is not permitted
The regulation also protects renters, and specifies the terms under which owners can terminate the lease before expiry of contract
The service was especially popular with young executives, most of whom live in shared accommodations
Daily commuters have been facing hours-long delays on roads in areas like Business Bay, DIFC and Deira
All the previous IPOs attracted strong interest from both institutional and retail investors and were oversubscribed multiple times
Lighter rainfall is expected to continue in some areas in the next few days
There will also be a live music concert alongside the thrilling Padel action