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

Euromoney Awards for Excellence 2020 Middle East winners revealed

Saudi Arabia’s Al-Rajhi is named the region's best bank in this year’s Euromoney Awards for Excellence.

Saudi Aramco reorganizing downstream business to support growth

Reorganization aims to strengthen Aramco’s industry leadership in safety, sustainability, efficiency and reliability.

UAE stocks stumble, again led by real estate and banking

Emaar Malls took a hit, and its performance will be sensitive to pandemic news

Jersey and UAE exploring mutual opportunies as leading UAE bank exits

The strengthening of the relationship comes as one of the UAE's largest commercial banks is closing its operations in Jersey, after being established there a number of years.

UAE wants to see a return of Libya's oil production with safeguards: minister

The Libyan National Oil Corporation said on Saturday that it would resume oil production and exports after a six-month shutdown

Ahead of the Dubai real estate pack

Medallion Associates uses innovative solutions for bringing liquidity to the Dubai market

Crédit Agricole proud of about 50-year operation in Egypt: Country Managing Director

As one of the largest banks in France, Crédit Agricole is proud of its deep roots in Egypt that span around half a century.

Kuwait Finance House KSC : KFH “Top Primary Dealer” for IILM Sukuk Program in 2019

KFH`s top ranking confirms the confidence of investors.

Dubai Technology Tour to drive UAE-India collaboration in fintech

The Dubai Technology Tour, organised in partnership with Startup India and Mumbai Fintech Hub

Apex Launches UAE Corporate Solutions Business

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.

UAE real estate sector braced for tough recovery in wake of Covid-19

More than 12,000 units were delivered in Q1, far below the 83,000 that were expected before the pandemic

Bridgestone announces mid-long term business strategy framework, sets new vision

Company Signals Start of a New Chapter, Positions 2020 as Third Foundation

Damac Properties now hints at going back into full private ownership

Hussain Sajwani's Maple Invest could consider 100% ownership of developer

DMCC to expand its coffee and tea centres with target to triple output and boost Dubai trade

DMCC commodity centres to be significantly expanded in line with increasing market demand and Dubai's strategic diversification

Buying a gram of gold in Dubai touches all-time high at Dh216.25

Earlier high point was Dh215 a gram on September 6, 2011, when VAT was not there

COVID-19 headwinds to hurt Saudi banks’ profitability

Decline in interest income curtails Saudi banks’ operating income

Israel cenbank’s Abir says buying corporate bonds to prevent layoffs

The central bank began purchases on March 15 of up to 50 billion shekels of government bonds, which has helped reverse a spike in government and corporate yields.

Egypt's expats become opportunity for $61bn fund manager

Luxembourg-based fund will initially allocate $50 million to 25 Cairo-traded stocks

Single regulator a catalyst for mature UAE financial market

Merger will bring much needed stability and oversight to the financial markets of UAE

Doha Bank bid to bring in more financial firms from Japan to invest in Qatar’s capital market

Bilateral and Synergistic Opportunities between Qatar and Japan

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