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Guggenheim fund reserves right to invest in Bitcoin Trust

Bloomberg Count Guggenheim Partners LLC among those institutional investors casting an eye on cryptocurrencies. Guggenheim is reserving the right for its $5.3 billion Macro Opportunities Fund — which aims for total return via fixed income and other debt and equity securities — to invest in the Grayscale Bitcoin Trust. The trust’s shares are solely invested in Bitcoin, and track the ...

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Mohamed orders disbursement of housing loans worth AED7bn

ABU DHABI / WAM Upon the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and Chairman of the Executive Council of Abu Dhabi, has ordered the disbursement of housing loans worth over AED7 billion to ...

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Masdar signs JV deal for energy from waste projects in Australia

SYDNEY / WAM Masdar, one of the world’s leading renewable energy companies, and Tribe Infrastructure Group, an infrastructure advisory and development firm, will strengthen their collaboration in the deployment of utility-scale energy-from-waste (EfW) projects by establishing a joint venture in Australia. The announcement was made by Christopher Pyne, Former Australian Defence Minister, and Abdullah Al Subousi, UAE Ambassador to Australia, ...

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