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

RAK Properties' net profits surge 383% in Q3 2021

Value of assets increased as a result of increased investments in the development of hotel and residential projects

Saudi Arabia jointly hosts Saudi-UK Green finance roundtable at FII and signs agreements with key new partners

Saudi Arabia's Ministry of Investment yesterday hosted a roundtable with the United Kingdom's Department for International Trade to showcase how both countries are making their economies more sustainable

Saudi central bank assets rise $4.86 billion in September

n addition, compared with the same month last year, the bank’s assets, in total, grew SR68.36 billion, or 3.75 per cent.

ICICB Launched the Fastest Blockchain Platform in the World at Blockchain Innovation Summit in Dubai

Nonetheless, the group channels its funds into supporting projects in banking, cryptocurrency trading, commercial real estate, and other affiliated industries on a global level.

Moody’s affirms eight UAE banks' ratings and changes outlook to stable

Move driven by a recovery in operating conditions in the country, rating agency says

Barwa Group signs financing agreement for Qatar Schools project

This agreement will contribute to securing guaranteed rental income for the Group that will help achieve sustainable growth for Barwa’s revenues and the returns of its shareholders.

Middle East investor relations leaders highlight importance of ESG amid growing capital markets scene

Annual Middle East Investor Relations Association conference highlights the latest developments in regional IR landscape with a focus on ESG

BlackRock to work with Saudi’s National Development Fund on $53bn infrastructure plans

The institution contributes to Saudi Arabia’s plans to diversify the economy and develop infrastructure.

NBO Signs Strategic MoU With Saudi Exim Bank to Foster Mutual Cooperation

As the Sultanate’s national bank, NBO has been instrumental in helping the country realize its social and economic potential from inception.

Dubai, Doha and Riyadh among top five in MENA ranking

Dubai retains its leading position in the Global Cities Index for the region

Chimera Capital's first venture capital fund exceeds initial target

The Fund aims to provide superior risk-adjusted returns for investors

BlackRock Wins Saudi Arabia’s National Infrastructure Fund Mandate

BlackRock is being hired to generate institutional investor interest in Saudi Arabia and institutionalize the infrastructure market in Saudi Arabia in order to attract more foreign capital.

El-Khalil, IMF Executive Director discuss state’s plan for economic recovery

"We are very optimistic," he assured in conclusion.

KFH reports KD 168.1 million net profit for shareholders until end of Q3 ’21, up 66.1%

Net operating income reached KD 364.3 Million; a decrease of 9.3% compared to the same period last year, affected by the decrease in investment income compared to the same period last year.

Bahrain's Investcorp exits real estate investment in Germany

Sale of office campus marks company's first exit in Europe since 2017

Sidra Capital acquires landmark property facing Buckingham Palace

The 33,000 sq ft freehold property is the closest commercial office space to Buckingham Palace

EDB, ADIO sign MoU to collaborate on boosting FDI and promoting business

The MoU between EDB and ADIO aims to help private sector companies establish and grow in the Emirate of Abu Dhabi, while playing a key role in the overall economic growth of the Emirate

Start-ups at in5 secure investments worth $381mln

More than 150 new companies joined in5 since 2020, bringing the grand total of start-ups supported by the incubator to 500

Expert Hub helps connect investors to Africa at GBF

Trade and investment representatives from African countries share knowledge and expertise

Abu Dhabi's Mubadala Capital leads Huboo Fulfilment's $82mln funding round

Investment to help the logistics platform expand across Europe

Alternative Investments