Al Ramz Corporation unveils IPO for 2 GCC investment funds

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,” t he 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.