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

World energy supply must be sustainable, says Aramco officer

Sector has been a ‘force for good’ amid the chaos of the coronavirus disease pandemic

Cityscape: Investors turn their sights towards UAE’s real estate sector

Real estate can play a major role in the region’s recovery even during a crisis, says PNC Menon

Dubai’s bilateral trade with Oman surges 8.4% in 2019

Oman is UAE’s second-largest trading partner in the Gulf region

Aramco bumper bond sale adds to record Gulf debt issuance

Debt issuance is expected to reach $140 billion next year, largely from the Gulf states and Latin America, according to Goldman Sachs

Saudi wealth fund to pump in $80b over next two years into home market

Tourism would obviously be a big focus area in PIF's biggest push domestically

Turkish banks may hit profit milestone in 2021 on market-friendly policies

The central bank will hold its first meeting under the new team on Thursday, when it is expected to hike the main policy rate by 475 basis points to 15%.

Saudi Arabia to pivot attention, plow funds at home

The fund intends to play a leading role in refocusing the economy toward underdeveloped industries

How will Covid-19 affect Gulf diversification efforts?

For example, oil accounts for around 45% of GDP in Saudi Arabia and 75% of government revenue in Oman.

Investors turn their sights towards UAE’s real estate sector

According to JLL’s Global Real Estate Transparency Index, Dubai is one of the "global top improvers" with a host of government initiatives and enhanced regulatory procedures

Apex Group Launches LRI Middle East

The addition of these services to its UAE operation enables the Group to deliver its single-source solution, covering the full value chain, to both new and existing clients in the Middle East.

DFM achieves 97% compliance in listed companies’ disclosure of Q3-2020 results

The Exchange submitted a detailed report to the UAE Securities and Commodities Authority

Abu Dhabi leads most Gulf markets higher

Most Gulf markets rose on Monday, with Abu Dhabi leading the gains

Investcorp acquires Viz Branz

China and Southeast Asia's leading instant cereal and coffee company

Al Fikra Competition winners honoured during Qatar Entrepreneurship Conference

This year, the top three award winners were Snoonu, Qatar German Gasket Factory, and Central Ventilation Systems.

UAE businesses could do with some more time to sort themselves out in post-COVID-19 world

But cost of capital is still a thorny issue for most, and that could do with change

Gulf investors, Brits snap up DAMAC's Versace-designed London tower

Luxury property now 60% sold, says UAE-based developer

National Bank of Kuwait markets $300mln in Tier 2 bonds - sources

Citi and NBK Capital are arranging the deal, which is expected to close later on Tuesday

HSBC expects Bahrain to build back better

In the GCC, oil exporters have faced the additional challenge of low oil prices

ACCA and Al Tamimi & Co. sign a formal partnership agreement

ACCA and Al Tamimi share a common purpose to advance the reputation and profession and drive growth within the legal and accounting profession

Bank of Sharjah announces financial results for the period ended 30 September 2020

Asset quality and other metrics remain healthy as a result of strict adherence to maintaining a disciplined and focused approach to lending, recovery and funding

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