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

EMEA emerging market sovereign borrowing will likely reach $473bln in 2020: S&P

Slightly less than half of EMEA sovereigns' gross borrowing will be to refinance maturing long-term debt, resulting in a net borrowing requirement of $242bln

Bahrain's Investcorp acquires two US residential properties for $164mln

Properties have easy access to retail, entertainment attractions

The Carlyle Group to set up MENA headquarters in Abu Dhabi

Firm aims to expand its regional presence from UAE capital

Abu Dhabi plans $2.7billion in public-private partnership tenders

The announcement was made earlier this week, and will cover numerous industrial sectors under the Ghadan 21 accelerator programm

Why so few green sukuk? Sector still faces longstanding challenges, say practitioners

Green bonds and green financing continues to be a young and small industry in the GCC and other jurisdictions like Turkey and Pakistan

Winners of the 2020 Middle East Stevie® Awards Announced

Sponsored by RAK Chamber of Commerce & Industry, more than 70 executives around the world participated in determining the Gold, Silver, and Bronze Stevie Award winners.

Investcorp plans second regional private equity fund following its HarbourVest deal

Alternative asset manager is initially targeting a size of $300m to $500m for the investment vehicle

Orient Insurance expands into Saudi Arabia

The company said its innovative insurance products also have the potential to boost efficiency, improve pricing, reduce bureaucracy and combat fraud for consumers across the UAE and beyond.

The future is here: Using cryptocurrency to buy real estate in Dubai

The safety of the transactions and balances is guaranteed by cryptography.

Kuwait posts $7.52bln deficit in period April 2019-January 2020

Kuwait previously said it expected a total deficit of $25.13bln in the 2019-2020 fiscal year

Revealed: Dubai's best locations for high rental yields

New report identifies areas to watch for investors looking for high returns

Middle East investors continue to look to UK regions

UK regions overtake Central London for the first time as preferred destination for Middle East capital

Qatar shares edge up on foreign institutions

Trade turnover and volumes were on the increase in the bourse, where the real estate and industrials sectors together accounted for about 69% of the total volume.

Markaz achieved EPS of 15 fils in 2019 and Board of Directors recommended dividend of 10 fils per share

Recent series of regional MSCI upgrades highlights the GCC as an attractive financial market for global investors

UAE's Orient Insurance gets green light for Saudi expansion

Sarran Mane Abu Saq has been appointed CEO of the company in Saudi Arabia

UAE's commitment to women's empowerment has had an impact beyond the country's borders

100% of UAE's bilateral and multilateral foreign aid targets gender equality, says Her Excellency Hessa Buhumaid, UAE Minister of Community Development

UAE- Aldar 2019 net profit surges 7pc to Dh1.98b

Mohamed Khalifa Al Mubarak, Chairman of Aldar, said Abu Dhabi's real estate market is benefitting from an economy that is transitioning to a global cultural, business and trade hub thanks to government investments and newly introduced pro-business po

Mohammed bin Rashid receives World Bank President

The Vice President expressed the UAE’s appreciation for the World Bank’s efforts in promoting global economic growth as well as its efforts in eliminating poverty, promoting welfare, unlocking sustainable economic growth opportunities and inve

UAE businessman calls for Israel to invest in his country

Ajami is the CEO of the Advanced Technology Investment Company and head of ventures for Abu Dhabi wealth fund Mubadala Investment Company.

Shroff claims he’s still the developer of Dubai’s Marina 101 project

Indian businessman says he’s ready to complete project, but banks aren’t responding to him

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