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

The increasing role of ESG investments in the race to zero

Environmental, social, and corporate governance (ESG) investments represents a third of the assets under management, according to Bloomberg Intelligence

Abu Dhabi IHC's subsidiary acquires stake in U.S. digital media platform Firefly

Firefly is backed by investors such as Google Ventures, NFX, and Stanford University's StartX Fund

Shuaa Capital sells 20% stake in Abu Dhabi utility company

Mirfa International Power and Water operates a power generation and desalination plant in Al Dhafra

Bahrain’s Investcorp targets larger North American deals

“At the moment there are deals that we really like that we don’t pursue because they’re outside our size range.”

Bahrain a 'country to watch' for GCC contact center outsourcing

“Bahrain is emerging as one of the countries to watch for nearshore contact center delivery within the GCC and in targeted Western European locations,” said Ryan.

Saudi Fransi to advise Emaar the Economic City on $753mln capital hike debt conversion

The reason for the debt conversion is to improve the company’s liquidity and credit position and enhance its ability to achieve its growth objectives, the developer said

Dubai Investments targets acquisitions to diversify its portfolio

Earlier this week, the company reported a Dh123.8 million profit for the three months to March 31

Mubadala Keeping Pace With KKR as $29 Billion Deployed Last Year

Wealth fund invested in tech, health care, consumer goods

MSX index sees growth in first quarter of 2021

The positive figures came as a result of gains made in March 2021 when oil prices started recovering and stabilising at a rate of $60 per barrel.

Qatar to play big role in global sustainable finance market: Official

Highlighting the importance of sustainable finance and green investments in recovering from the COVID-19 pandemic, Hadi also reiterated that ‘building back greener’ is the vaccine for the planet against climate change.

UK real estate – how Jersey supports Middle Eastern investment

The types of assets acquired have been broad – from offices, retail and logistics through to student accommodation, senior living, leisure and of course the residential rental sector.