#Investment

Pure Harvest

UAE’s Pure Harvest to open $30m facility in Kuwait to supply retailer Sultan Center

The farm will supply many varieties of tomatoes, vine crops, leafy greens and berries and is expected to open next year

cartlow

Digital logistics firm FarEye raises $13m in new funding

FarEye counts Emirates Post and Landmark Group as customers

Dubai-based InsureTech startup Sehteq secures $20m to venture into reinsurance

Sehteq will have an additional investment of $3m to support its technology arm

Mubadala, affiliates disclose stakes in Virgin Galactic

The shares were bought for investment purposes

Zainab Invesco

Video: Where are Middle East sovereigns investing?

Fixed income and gold have emerged as attractive asset classes for regional sovereigns, finds the Invesco Global Sovereign Asset Management study

Kuwait pension fund posts record first-quarter investment profit

The fund held $112bn in assets at the end of March last year

Shailesh Dash main

Phi Trends: The business implications of 5G

Investors must keep a lookout for stocks with game-changing potential, which inevitably will tap into 5G and enable future growth prospects, opines entrepreneur and investor Shailesh Dash

SAUDI-HEALTH-VIRUS

Saudis stuck home for summer burn more oil for air conditioners

The extra oil going toward power may limit the price impact of OPEC’s plan to taper output restrictions from next month

UAE’s Elite Agro, Khalifa Fund partner to enhance food security

The MoU has been developed to manage and operate a number of protected farms that fall under the ambit of the Khalifa Fund

Shailesh Dash main

Phi Trends: Why it’s never too late to start investing

Investing requires a long-term approach to yield better results, opines entrepreneur and investor Shailesh Dash in his new series

How can investors find the right asset allocation mix in the current situation?

The key for investors is to find the asset mix that not only improves their returns, but more-so their decision-making process

Covid-19: All about investing in the real estate market during a pandemic

Serial entrepreneur and leadership trainer Spencer Lodge speaks to entrepreneur and investor Rob Moore

How can UAE wealth managers stay relevant in the current economic situation?

Wealth managers need to adopt sophisticated tools such as robo-advisors to stay relevant and offer the best service to their clients, says IT firm Comarch

Saudi moved $40bn in reserves to sovereign wealth fund PIF

The sovereign fund has spent billions of dollars this year buying equities, including stakes in BP, Boeing, Citigroup and Facebook

Millennials prefer robot bankers to humans – Nordic data

Banks are trying to find ways to accommodate growing investment demands from cash-rich clients

Webinar: Investing during the current Covid-19 crisis – Century Financial Dubai

While there remain pockets of opportunity, investors should ensure they have sufficient liquidity right now, stresses Vijay Valecha, chief investment officer at Century Financial  

Qatar Acquires Two Raffles Hotels

Qatar Nationals Hotels Company took over properties in Paris and Singapore.

$2bn Boost For Oman’s Solar Power

Swiss and German investment funds are undertaking the project.