PE Tech Report

Middle East

Apex Venki Subramaniam

Apex receives in principal approval for ADGM licence

Global independent fund administrator Apex Fund Services has become the first administrator to receive in principle approval from the ADGM to carry out regulated activity in the jurisdiction.    Under the in principle approval, the grant of financial services permission to act as the administrator of a collective investment fund

ADGM launches first calibrated VC manager framework in MENA region

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has introduced a risk-proportionate regulatory framework for managers of venture capital (VC) funds, the first of its type in the MENA region.   With immediate effect on 15 May 2017, VC managers will not be subject to any

Lifting of sanctions will boost investment interest in Iran

Iranian investment group Turquoise Partners is predicting a significant increase in foreign investor interest in the country in the wake of the lifting of UN, EU and US sanctions. Sanctions on Iran were lifted on Saturday 16 January paving the way for key sectors of the country’s economy, including banking,

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24 October, 2024 – 8:30 am

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