Mideast Money

UAE's Hedge Fund Boom Is Starting to Enter its Next Phase

Attendees listen to panellists during the Abu Dhabi Finance Week conference.

Photographer: Christopher Pike/Bloomberg
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Welcome to the Mideast Money newsletter, I’m Adveith Nair. Join us each week as my team and I chronicle the intersection of money and power in a region that's become one of the most influential in global finance. You can sign up here.

This week: The hedge fund boom in Abu Dhabi and Dubai is starting to enter its next phase; Adnoc makes a $19 billion takeover offer; and UK-based tycoons are relocating to the UAE.