EIS Asset Management (an arm of Emirates NBD, the UAE's biggest bank) is set to announce a new "MENA high-income" fund on March 31. It joins a growing number of funds in the region that are focusing on bonds and sukuk. Which isn't surprising, given the absurd yields we've been seeing recently.
Getting into the fixed-income game in the Middle East is a bet, no doubt, but it's one a lot of folks are willing to make right now: if things go right, in a few years' time, they'll be able to boast about some pretty amazing returns (and claim that it was all skill and no luck, natch).
Company%20Profile
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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Company%20Profile
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COMPANY%20PROFILE%20
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Company%20profile
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The specs
What%20is%20cystic%20fibrosis%3F
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FINAL SCORES
Fujairah 130 for 8 in 20 overs
(Sandy Sandeep 29, Hamdan Tahir 26 no, Umair Ali 2-15)
Sharjah 131 for 8 in 19.3 overs
(Kashif Daud 51, Umair Ali 20, Rohan Mustafa 2-17, Sabir Rao 2-26)