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

Going off-plan: rising sales in Dubai looks like a trend for 2020

Another trend is off-plan townhouses are selling well in Dubailand and Dubai Hills Estate.

Investing in the future - Lombard Odier's vision for the UAE

Arabian Business talks to Lombard Odier Capital Partner Arnaud Leclercq about the bank's expansion in the UAE, and its outlook for the region

Abu Dhabi’s Kizad doubles the number of companies in last 12 months

The government of Abu Dhabi also signed an agreement with the First Abu Dhabi Bank

UAE startups see investments soar by a third in 2019

The more than 100 startups have been supported by the UAE’s government organization Sheraa

DFM launches guidance on Environmental, Social and Governance (ESG) Reporting

E. Essa Kazim: "Growing demand from investors for comprehensive ESG reporting, as they are increasingly factoring such data in their decision-making process"

KNCCI to open office in United Arab Emirates

“We shall avail to local investors proper details on how to reach us and start looking for trading partners in the UAE"

Bahrain’s Investcorp invests $45m in Indian dialysis chain NephroPlus

Bahrain-based alternative investment manager Investcorp aims to grow its business in India to $1.5 billion in assets under management over the next five years

ENOC marks groundbreaking of its Expo 2020 Dubai pavilion under the theme 'Reimagine Energy'

ENOC's pavilion is to be built by UAE-based contractors using sustainable construction methods.

Saudi Arabia seeks to attract building technology suppliers

Officials will also showcase flagship digital platform as the country seeks to stimulate the use of modern methods of construction.

Egypt’s 1st short-term securitization for LE 167M closed: Premium Int'l

The transaction was approved by the Financial Regulatory Authority FRA and falls under the new Short Term Debt Instrument decree no. 172 of 2018.

Revealed: Dubai's 2020 hitlist to grow foreign direct investments

Dubai FDI says missions next year include two trips to the US and single trips to India, China and Australia

Saudi Aramco IPO: climate change fears cause banks to miss out on millions in fees

Environmental groups celebrate major reduction in oil giant's plans

Egypt wealth fund eyes Gulf partners to drum up foreign investment

CEO Ayman Soliman sets sights on Saudi Arabia, Kuwait and Oman after $20bn deal with the UAE

Private equity poised as UAE relaxes restrictions

As the UAE opens up to foreign ownership, an expert panel convenes at our Dubai campus to consider private equity’s role in the region

Bahrain bank, China firm create $50m venture capital fund for Middle East tech market

The fund – MEC Ventures – will invest across sectors such as e-commerce, fintech, and technology ecosystem enablers

CMA allows SICO to offer asset management services in Saudi Arabia

The announcement marks the SICO Asset Management Division’s first entry into a market outside Bahrain

Saudi mall operator Arabian Centres sells $500 mln debut Islamic bonds

Arabian Centres went public earlier this year with a 2.8 billion riyal ($746.65 million) initial public offering in Saudi Arabia, the kingdom's third biggest since Saudi lender National Commercial Bank raised $6 billion in 2014.

China-Bahrain venture fund targets Middle East tech market

The fund also plans to target big data, artificial intelligence, cloud computing, and logistics and networking systems, it said in a statement.

Al Salam Bank-Bahrain and MSA Capital (China) to launch $50 million MEC ventures positioning Bahrain as MENA's gateway to the digital Silk Road

MEC Ventures will be the first privately funded and led venture to unify Chinese and Middle Eastern capital and technology markets

Moroccan sovereign fund aims to double investments to $6bn in 5 years

Ithmar Capital is speaking with long-term investors for co-investments in several projects in Morocco, its managing director says

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