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Abu Dhabi's NBAD Launches UAE Real Estate Fund

Abu Dhabi's NBAD Launches UAE Real Estate Fund

The National Bank of Abu Dhabi (NBAD) has launched a real estate fund in partnership with a Kuwaiti firm to seek investment opportunities in the UAE’s property sector, the lender said on Sunday.

April 23, 2012 9:20
 
Qatar Sovereign Fund Has $30 Billion to Spend This Year

Qatar Sovereign Fund Has $30 Billion to Spend This Year

Qatar's aggressive sovereign wealth fund, the Qatar Investment Authority (QIA), has $30 billion to spend this year, executive board member Hussain Al Abdulla said at a conference on Sunday.

April 22, 2012 4:17
 
Qatar Says Has 3 Percent of Total, Undecided On Further Buys

Qatar Says Has 3 Percent of Total, Undecided On Further Buys

Qatar Holding, a unit of the Gulf nation's sovereign wealth fund, has increased its stake in French oil group Total to 3 percent and is undecided on buying more shares, Qatar Holding's chief executive said on Sunday.

April 22, 2012 10:55
 
Dubai's Arabtec Wins Contract from Shareholder Aabar

Dubai's Arabtec Wins Contract from Shareholder Aabar

Arabtec, in which state-owned investment fund Aabar owns a 10.45 percent stake, said the contract to build a tower of 229 apartments would take 22 months to complete.

April 22, 2012 10:42
 
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