Africa Finance Corporation Plans $500 Million Infrastructure Climate Resilient Fund under newly created asset management division, AFC Capital Partners

Africa Finance Corporation Plans 0 Million Infrastructure Climate Resilient Fund under newly created asset management division, AFC Capital Partners

LAGOS, Nigeria–(BUSINESS WIRE/AETOSWire) – As part of its drive to address Africa’s vulnerability to climate risk, Africa Finance Corporation (AFC) has created an independent asset management arm, AFC Capital Partners, with a debut offering: the Infrastructure Climate Resilient Fund (ICRF). AFC Capital Partners plans to raise US$500m in the next twelve months and US$2 billion over the next three years. The ICRF will act as a direct investor and a co-investment fund to enhance the quality of African ports, roads, bridges, rail, telecommunications, clean energy, and logistics in the face…

New World Group plays Fintech leadership role to provide Financial Services to the global unbanked

New World Group plays Fintech leadership role to provide Financial Services to the global unbanked

Dubai, United Arab Emirates, (AETOSWire): New World Group (NWG) is a London headquartered, global diversified investment company with more than $2.5 billion in assets under management. The company continues to play a leading role of investing in technology companies seeking to re-invent their industry ecosystems – through its Mozaic business vertical. Mozaic provides smart, efficient, and strategic capital to robust and scalable technology businesses led by driven and able entrepreneurs. Under the Mozaic enabler, NWG has incubated & launched the global digital platform ‘Algbra’ for the unbanked and underserved. Currently,…

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…

Saudi Arabia’s asset management industry resilient, cautiously optimistic in 2021

قطاع إدارة الأصول بالمملكة يستقبل عام 2021 بمرونة وتفاؤل حذر

KPMG: Saudi Arabia’s asset management industry resilient, cautiously optimistic in 2021   KPMG, the leading provider of audit, tax and advisory services in Saudi Arabia, published its first edition of the Asset management review, analyzing the industry’s financial performance through the lens of twelve large asset management firms regulated by the Capital Market Authority (CMA). The report details the dynamic shift in investment strategies and business plans amid COVID-19 crisis and how varied investor behaviors have evolved in recent times. The asset management industry in Saudi Arabia reported favorable results…

CoinEx Celebrates Third Anniversary With Overall System and Product Upgrade

CoinEx Celebrates Third Anniversary With Overall System and Product Upgrade

HONG KONG–(BUSINESS WIRE/AETOSWire)— CoinEx, a global and professional cryptocurrency exchange service provider, celebrates its 3rd anniversary and announces that it has upgraded and optimized the underlying system as well as the front-end. After months of hard work by the R&D department, CoinEx has completed the system upgrade named “Aegis”. This upgrade significantly improves the performance and security of CoinEx’s underlying platform, enhances the new system’s carrying capacity and matchmaking performance at least tenfold, and effectively optimizes users’ trading experiences such as order placing, canceling, match making, and clearing. The upgrade…

How outsourcing can help save the transport sector

دور التعهيد في إنقاذ قطاع النقل

Peter Mohring, Managing Director of Transport, Serco Middle East, explores why it has never been timelier for the transport sector to embrace outsourcing to help with post pandemic recovery. The world as we know it has changed. Gone are the days when travel was as simple as jumping on a plane; now we are living in an entirely different world. Of course there is a fundamental need to operate differently, the old ways of doing things no longer apply and the rule book for the transport industry has changed beyond…

Serco Middle East expands its Middle East Logistics and Base Support Services

سيركو الشرق الأوسط تضيف خدمات الإنقاذ والإطفاء

 (MELABS) contract to deliver Rescue and Firefighting (RFFS) Services for Australian Defence Force International public services company will deliver Rescue and Firefighting (RFFS) Services as part of the expanded contract with the Australian Defence Force (ADF). Company has been supporting the Australian Defence Force (ADF) in the Middle East under the existing MELABS contract since 2011. 28th September 2020, Dubai, United Arab Emirates: International public services company, Serco Middle East has announced a key contract expansion of the Middle East Logistics and Base Support Services (MELABS), for the Australian Defence…

GIES Virtual Series: Sustainability Considerations  are Key in Developing New Sukuk Instruments

GIES Virtual Series: Sustainability Considerations

Industry veterans unanimously agree on strong performance of sukuk over past year, potential that lies ahead Fifth GIES Virtual Series webinar titled ‘The New Age of Digital Retail in light of the Pandemic’, is scheduled for Tuesday, 13 October, at 11am – UAE time  The Dubai Islamic Economy Development Centre (DIEDC), in collaboration with the Dubai Chamber of Commerce and Industry (Dubai Chamber) and in strategic partnership with Refinitiv, hosted the fourth session of the GIES Virtual Series webinar that examined the opportunities and challenges in the sukuk market. Moderator…

Harbor Real Estate supports ”Yadul Khair Committee

Harbor Real Estate supports ”Yadul Khair Committee” with AED 150,000 to assist the needy in paying the rent And the ’10 million meals’ campaign with more than 6,200 meals Dubai – UAE, May 2020 – Harbor Real Estate donates AED 150,000 to support ”Yadul Khair Committee” that was launched by the Rental Disputes Center (RDC), the judicial arm of Dubai Land Department (DLD) to help families, affected by judicial rulings issued by the RDC. Harbor Real estate, a leading real estate service provider offering holistic real estate services to individual…

The million dollars question about 5G

Experts are all eyeing 5G to open up monetization opportunities for communication service providers (CSPs) beyond their traditional markets. However, the million dollars question on everyone’s mind is how to capture these opportunities? Standing above previous generations, 5G will give operators the opportunity to evolve their position in the value chain, playing three distinct roles: “Network Developer,” “Service Enabler,” and “Service Creator.” These roles allow operators to provide increasing value from 5G network infrastructure, they can provide tailored connectivity solutions through a 5G digital platform for business customers to build…