Lootah Real Estate Development (LRED) is set to launch its new project Loci, a modernistic and dynamic living facility featuring 114 units ranging from studios to one- and two-bedroom apartments, mainly targeted at UAE’s young professionals and learners.
Lootah Global Capital picks Heritage Amanah for Indonesia IPO services
ABU DHABI, 2 days ago Lootah Global Capital, a financial services company regulated by the Dubai Financial Services Authority, and Heritage Amanah International, an investment advisory company licensed by Indonesia Financial Regulatory Board, have signed a MoU to advise on the IPO and dual listing of an Indonesian tech company in the GCC stock market towards the end of 2021. The deal will explore opportunities between Mena and South East Asia and will bridge, in particular, the growing investment interests between the UAE and Indonesia, which were cemented through the UAE’s $10 billion commitment for Indonesia’s sovereign wealth fund (SWF).