GFH Partners completed the acquisition of a diversified logistics and industrial portfolio worth $150 million in Saudi Arabia and the UAE. The portfolio comprises income-generating assets and opportunities for real estate development, in the logistics and industrial zones strategically located in Riyadh and Dubai. It encompasses various facilities such as light industrial and cold storage…
Tag: assets
IGM FINANCIAL INC. ANNOUNCES SEPTEMBER 2023 ASSETS UNDER MANAGEMENT & ADVISEMENT…
WINNIPEG, MB, Oct. 4, 2023 /CNW/ – IGM Financial Inc. (IGM) IGM today reported preliminary total consolidated net outflows of $322 million during September 2023 as shown in Table 1. Total assets under management and advisement were $253.4 billion at September 30, 2023, compared with $261.7 billion at August 31, 2023, and $238.1 billion at…
Virtual assets regulation in UAE
In May, the Central Bank of UAE (CBUAE) issued a comprehensive ‘guidance’ for licensed financial institutions (LFI), such as banks, finance companies, exchange houses, payment service providers and others, when dealing with virtual assets (VAs) (also called crypto assets) and virtual assets service providers (VASPs). The guidance is aligned with the UAE’s approach towards regulating…