Hunter Point Capital Appoints Operating Partner for Middle East

Hunter Point Capital Appoints Operating Partner for Middle East

NEW YORK–(BUSINESS WIRE/AETOSWire)-– Hunter Point Capital (“HPC”), an independent investment firm focused on taking minority stakes in middle-market alternative asset managers, announced today the appointment of Zade Zalatimo as an Operating Partner. Based in Dubai, Mr. Zalatimo will lead HPC’s capital formation and institutional investor relations across the Middle East. Mr. Zalatimo was previously a Senior Executive Officer of Carlyle MENA, responsible for leading The Carlyle Group’s fundraising efforts in the Middle East, North Africa, and Central Asia, and oversaw the firm’s relationships with family offices, endowments, pension funds, and…

Africa Finance Corporation hires Blackstone’s Zarou CEO, Sameh Shenouda, as CIO

Sameh Shenouda, ancien PDG de « Zarou » filiale de Blackstone, rejoint Africa Finance Corporation, en tant que Directeur des Investissements (Chief Investment Officer)

 LONDON–(BUSINESS WIRE/AETOSWire) – Africa Finance Corporation, one of the biggest investors in infrastructure solutions in Africa, is pleased to announce the appointment of Sameh Shenouda as its new Executive Director and Chief Investment Officer. Mr. Shenouda brings over 27 years of experience in investments and fundraising in international capital markets, with a focus on infrastructure development, setting up new platforms and supporting management teams. He has deep knowledge of African markets and has worked across AFC’s priority sectors including Power, Transport & Logistics, Heavy Industries and Natural Resources. Egyptian-born Mr.…

Tesla led Saxo Bank’s UAE list, followed by Apple, Nio, Microsoft, and Amazon.com

شركة تيسلا تتصدر القائمة على كل من آبل ونيو ومايكروسوفت وأمازون

Saxo Bank: US tech companies top list of most popular stocks among UAE investors in record-breaking year  Tesla led Saxo Bank’s UAE list, followed by Apple, Nio, Microsoft, and Amazon.com In a rollercoaster year that surprised analysts and market participants alike, US technology companies attracted the highest trading volumes among Saxo Bank investors in the UAE and around the world in 2020. The strict lockdowns and prolonged work-from-home trend which arose from the Covid-19 pandemic suited the business models of the US tech companies, reflected by the Nasdaq-100 being up…

Equity Crowdfunding platform Eureeca facilitates US$1.3 million in series A funding for Udrive after going live in record time

“يوريكا” للاستثمار الجماعي تسهّل تمويلاً بقيمة 1.3 مليون

The Middle East’s first car-sharing provider Udrive has raised 103% of the company’s first significant round of capital financing in just 48 hours after going live on the Eureeca.com platform  Eureeca, the first multi-regulated global equity crowdfunding platform, has announced that the UAE-based pay-per-minute car rental service Udrive has raised US$1.3 million from 186 investors in just 48 hours. The raise forms part of Udrive’s series A round of funding from their customers, institutional and everyday investors and continues to be open to investment as the company moves into overfunding.…

Abu Dhabi Securities Exchange and the Tel Aviv  Stock Exchanges sign Memorandum of Understanding

سوق أبوظبي للأوراق المالية و بورصة تل أبيب يوقعان مذكرة تفاهم

Springboard for UAE and Israel companies to access new sources of capital and investment, and to collaborate in the development and commercialization of innovative financial technologies.  Abu Dhabi Securities Exchange (ADX) and the Tel Aviv Stock Exchange (TASE) have, today, signed a memorandum of understanding (MOU), the first time an Arab exchange has entered into a commercial relationship with the state of Israel. The MOU will facilitate the development of channels of communication to foster co-operation between the two exchanges, and contribute to the growth of the capital markets in…

HYATT REGENCY RIYADH OLAYA BECOMES ONE OF THE FIRST HOTELS   TO ACHIEVE THE HIGHEST INTERNATIONAL STANDARD OF HYGIENE

فندق حياة ريجنسي الرياض العليا يرفع معايير النظافة الشخصية بإعتماد  GBAC STAR™من

 Hyatt Regency Riyadh Olaya becomes the first hotel in the Kingdom of Saudi Arabia with Global Biorisk Advisory Council accreditation  Riyadh, KSA (October, 2020) – Guided by its purpose of care and experience delivering world-class hospitality, Hyatt Regency Riyadh Olaya became the first hotel in the Kingdom of Saudi Arabia and one of the first hotels in Middle East to be accredited by Global Biorisk Advisory Council® (GBAC) STAR™ in September 2020. GBAC is the gold standard for prepared facilities, and the accreditation further enhances the operational guidance and resources…

Israel’s INX launches the first-ever US SEC registered security token IPO

Israel’s INX launches the first-ever US SEC registered security token IPO

Dubai, United Arab Emirates, (AETOSWire): Israel’s INX has launched the first-ever SEC-registered security token IPO aiming to raise up to US$117 million (AED430 million) from both retail and institutional investors. The company announced that it has already raised over US$7.5 million (AED28 million) in its initial public offering, exceeding the minimum requirement for the offering. INX has also started accepting payments in Bitcoin (BTC), Ether (ETH) and USD Coin (USDC) at 10am EDT. INX aims to provide a regulated trading platform for digital securities and cryptocurrencies combining traditional markets expertise and…

Global Drought Brings New Threats and Opportunities for Investors

Dubai, United Arab Emirates,  (AETOSWire): According to PROFEL, extreme drought in 2018 caused vegetable processors the most serious problems in the last 40 years. We can already see some negative impacts of the climate change, like low harvests due to drought, sudden hailstorms, extensive fires, floods, Atlantic coast erosion and other changes. According to Gulf Brokers survey, investors are already preparing for these changes. They begin to invest into new, up until now rather “less” attractive segments, which may become key players in the capital markets in the future like…

Capital Markets Phenomenon of the Year Has Its Name: Covid-19

Dubai, United Arab Emirates, (AETOSWire): Global speculative capital have adapted its attention to a new phenomenon named “Covid-19“. Current data proved dramatic intraday increase of infected people, increasing lethality and coronavirus outbreak throughout the world, including Japan, Philippines, USA, India, Great Britain, Italy or Germany. Value of pharmaceutical companies is growing, regardless whether they produce antiviral drugs or protective equipment only. The current situation, which is slowly outgrowing into madness, harms only airlines, but also multinational fast food chains. Many airlines have temporarily suspended all flights from and to mainland China, and global fast…