Gulf region’s asset management market to reach USD 500 billion milestone by 2026: ReportIFM CorrespondentSeptember 15, 2023 by IFM CorrespondentSeptember 15, 2023 The report observed the presence of several tailwinds that are shifting trends in the region’s asset management industry... Read more
Singapore’s Sea to invest more in e-com platform ShopeeIFM CorrespondentAugust 25, 2023August 24, 2023 by IFM CorrespondentAugust 25, 2023August 24, 2023 Last year, Shopee revoked a number of job offers for positions at its headquarters in Singapore... Read more
Qatar is right to buy Harrods: PM Al ThaniIFM CorrespondentApril 20, 2023 by IFM CorrespondentApril 20, 2023 PM Al Thani said that QIA invests internally and externally, and its mission is to fill a gap in the economy... Read more
Blominvest’s roadmap is in line with ‘Vision 2030’: CEO Abdullah Al-RashoudIFM CorrespondentApril 11, 2023April 11, 2023 by IFM CorrespondentApril 11, 2023April 11, 2023 On the corporate finance front, Blominvest is very active in debt-arranging services and private equity transactions... Read more
IMF loan not enough? Cash-strapped Egypt sells state assets to Gulf nationsIFM CorrespondentFebruary 20, 2023 by IFM CorrespondentFebruary 20, 2023 The investments by Gulf states into Egypt last year helped to alleviate some of the immediate financing concerns that Egypt encountered, prior to securing further funds from the IMF... Read more
TEB Asset Management registers record profit in 2021WebAdminOctober 10, 2022 by WebAdminOctober 10, 2022 TEB Asset Management completed 2021 with a net profit of 1.4 million USD and 1.7 billion USD AuM... Read more
Pension funds management company Profuturo completes 25 yearsIFM CorrespondentJuly 12, 2022July 14, 2022 by IFM CorrespondentJuly 12, 2022July 14, 2022 Profuturo's novel ESG practises aligns with its long-term vision of better portfolio management for the people of Mexico.... Read more
UK considers redistribution of Russian assets to Ukrainian victimsIFM CorrespondentJuly 11, 2022 by IFM CorrespondentJuly 11, 2022 Liz Truss wants to follow Canada's example by seizing frozen Russian assets.... Read more
Tesla fires 200 Autopilot employees in latest job cutPrajwal WeleJune 30, 2022June 30, 2022 by Prajwal WeleJune 30, 2022June 30, 2022 The San Mateo Tesla location has been shut down in addition to the layoffs... Read more
Crypto exchange platform, Coinbase layoffs 18% staffIFM CorrespondentJune 22, 2022June 22, 2022 by IFM CorrespondentJune 22, 2022June 22, 2022 Employees were terminated with 14 weeks of severance pay.... Read more