Dubai - Mubasher: Al Ramz Corporation Investment and Development announced the initial public offering (IPO) of two new open-ended GCC investment funds, expanding its asset management platform across fixed income and equity strategies.
The offerings, which will run until 13 May, cover the USD-denominated Horizons GCC Sukuks Fund and the AED-denominated Fortitude GCC Equity Fund, according to a press release.
The Horizons GCC Sukuks Fund is structured as a Sharia-compliant investment vehicle focused on investment-grade GCC sukuks, targeting stable income and capital preservation.
Meanwhile, the Fortitude GCC Equity Fund adopts a benchmark-agnostic strategy aimed at regional equities, with an estimated long-term return target of 8% per annum through active, risk-managed positioning.
Yazan M. Abdeen, the CEO of Al Ramz Asset Management, said: “The Horizons GCC Sukuks Fund provides a resilient anchor in the region’s fixed-income market supported by the quality of issuances, the ample liquidity, and safety of its issuers, while the Fortitude GCC Equity Fund offers a disciplined yet agile strategy to capitalize on equity market opportunities and the growth prospects of the GCC economies and its companies benefiting from different market cycles,” the CEO added.
He emphasized: “Our goal is to deliver sustainable, long-term value, and these funds represent a significant expansion of our commitment to meeting our clients' evolving investment needs.”
During 2025, Al Ramz Corporation registered an annual leap of 202% in net profit to AED 48.20 million.
