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Saudi’s Riyad REIT pours $62mn into its US logistics portfolio

Riyad Capital, the investment arm of Riyad Bank, has revealed that its Shariah-compliant real estate investment fund, Riyad REIT has invested $62 million in...

Abu Dhabi’s Wealthface launches innovative ‘Invest App’ in MidEast & US

Wealthface, Abu Dhabi-based one-stop-shop online investment platform, has launched its Invest App for passive investors in the Middle East and the US on Android...

Saudi’s Sidra Capital buys HQ building of 10000 Energy Drive in...

Sidra Capital, Saudi Arabia-based Shariah-compliant asset manager, has acquired headquarters building of 10000 Energy Drive in the US for an undisclosed amount. The 10000 Energy...

Bahrain’s GFH acquires 11 US-based medical offices worth $200mn

Bahrain-based Islamic investment bank, GFH Financial Group has acquired a portfolio of medical offices in the US in a deal valued at $200 million,...

Investcorp widens US properties portfolio with $380mn worth acquisitions

Investcorp, Bahrain's leading global manager of alternative investment products, has acquired 89 industrial properties totaling approximately 2.2 million square feet across four major US...

Exxon Mobil weighing on becoming net carbon neutral by 2050

Exxon Mobil, the largest oil and gas business in the US, is considering making a vow to achieve net carbon neutrality by 2050, a...

Uber reports Q2 loss despite sustained revenue

American technology company Uber has reported a loss in the second quarter, despite revenue rising. As the business boosted expenditure to maintain and bring...

Tech giants making COVID-19 vaccine mandatory for on-campus employees

Big technology companies in the US are making vaccination mandatory for on-campus employees, while Twitter is shutting its reopened offices in the country, as...
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