Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

Standard Life in Talks With Saudis Over Seeding Local Funds

Talks are at early stage and no agreement has been reached

The renaissance of Egyptian investment banking

After a tumultuous decade, the country’s leading investment banks have finally recovered their confidence – and are bursting into new markets and products.

Credit Suisse's Saudi Odyssey

The economic liberalization of the country would make it an attractive opportunity for banks, given its enormous oil wealth.

Saudi Arabia expects $11 billion inflows from JP Morgan bond index entry

The move is expected to attract a total of around $30 billion of new foreign investment into their debt.

KAMCO successfully completes purchase of major stake in Global

KAMCO has successfully concluded the purchase of equivalent to a 69.528% stake

HSBC named lead bank for 20% listing of Egypt’s AMOC IPO: ministry

Offering aims at raising up to EGP 2.8bn

QINVEST named Best Investment Bank in Qatar

QINVEST, Qatar's leading private investment group and one of the region's most prominent Islamic financial institution

FAB Recognised as ‘Most Innovative Investment Bank From the Middle East’ for Third Consecutive Year

Andy Cairns, FAB’s Senior Managing Director and Head of Global Corporate Finance, received the award at a ceremony in London.

EFG Hermes advises on $52m Oman IPO

EFG Hermes acted as sole global coordinator and bookrunner on the transaction, while Bank Dhofar acted as issue manager.

SAIB’s 2017 Integrated Report receives 4 top industry awards

The ARC awards, which has been dubbed as the ‘Academy Awards’ of Annual Reports, has been running for over 30 years and will be attended by industry experts and top-ranking executives representing companies around the world.

Dubai's Emirates Investment Bank to strike new deals in GCC: CEO

EIBank is looking forward to reaping the fruit of these deals in the coming period

AUB in push for merger with KFH

Following the disclosure confirming a possible merger, HSBC and Credit Suisse were appointed to conduct the valuation

Dubai bank’s Turkish bet just got $1 billion cheaper. And riskier

The lira’s plunge “might trigger a materially adverse clause that would benefit Emirates NBD, creating the possibility of renegotiating the deal,” he said earlier.

MENA investment banking fees down for the third year in a row

It compares to a high of $882 million over the same period in 2008 and a low of $259 million in 2011, the report showed.

GIB continues to strengthen KSA presence

Gulf International Bank (GIB) has announced further progress in the implementation of its expansion strategy to position itself as a pan GCC-universal bank.

US firm said to pursue Dubai partnership for Middle East deals

Certares’ activities in the Middle East have been largely linked with Qatar

DIFC boss in drive toward China’s ‘belt and road’

Prominent in the Emirati delegation was Arif Amiri, chief executive of the Dubai International Financial Center (DIFC).

Egyptian investment bank acquires 100% of Nigeria’s Primera Africa

We have been consistently focusing on ramping up our services in newly-entered markets

Bank Audi is not merging with Bankmed

Since the global financial crisis in 2008, international and local regulators have become more wary of oversized banks.

First Abu Dhabi Bank sells Jordan business to Société Générale

All clients, employees and branches of NBAD Jordan will be transferred to the French lender over the coming months