Aditum’s Omer Chowdhry Sees Two or Three Rate Cuts in 2024
Omer Chowdhry, Aditum’s Head of Global Fixed Income & Multi-Asset Strategies, discusses his view on potential upcoming interest rate cuts this year, live on Bloomberg TV.
Exclusive: Aditum obtains licence to operate DIFC-based fund platform
Aditum Investment Management Limited has been granted a variation to its licence by the Dubai Financial Services Authority (DFSA) to operate a fund platform.
Aditum welcomed the members of its Shari’a Supervisory Board for its annual meeting.
Aditum Investment Management Limited (“Aditum”) was pleased to welcome its Shari’a Supervisory Board, chaired by Dr. Mohamed El Gari, last week for its annual meeting to oversee all matters of its Islamic business.
Exclusive: Aditum submits DFSA application to extend licence and operate fund platform
The move is a direct product response to the forthcoming changes by the UAE regulator to rules surrounding marketing funds to the public.
Aditum hits record $5bn AUM and unveils Saudi subsidiary
Aditum Investment Management Limited has announced that its assets under management (AUM) across its platforms have grown to more than $5bn.
The role of women in Middle East fund management
The fund management industry is rarely cited as the paragon for gender diversity; however, it is slowly changing for the greater good.
Procurified raises $1.1 million Seed funding
Dubai-based construction bid management platform Procurified has raised $ 1.1 million for its Seed Round. The Round was led by DIFC-based Aditum Investment Management, with participation from US-based Signal Peak Ventures, Al Hathboor Group, Empede Capital and strategic Angels.
Procurified raises $1.1M SEED
Dubai-based construction bid management platform Procurified, connecting buyers to vendors, has raised $1.1M in its SEED Round.
Fixed income markets: pockets of value now appearing
David Marshall, who has been associated with the regional finance sector for over two decades, believes that there will always be high demand for fixed income assets from regional clients and recent market sell offs will only add to this appeal.
Hubpay Raises $20M and Unveils Cross-Border Digital Wallet
Middle East and North Africa-focused FinTech Hubpay on Tuesday (Feb. 8) announced it has closed a $20 million Series A fundraising round and has also launched a cross-border digital wallet with no-cost remittances to drive financial inclusion across the region.