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

Global investors eye bigger slice of Chinese bond market

International bond investors have begun to notice the country’s recent moves to open up its markets

Saudi Arabia takes first step into foreign equity benchmarks

Admission into FTSE Russell and S&P Dow Jones comes ahead of MSCI inclusion in June

Kuwaitis' flats can be rented to expat bachelors

The country is currently discussing a proposal to ban renting out private homes to expatriates following a decision from state minister for municipal affairs Fahad Al-Shua'la to tackle the bachelor issue.

CSCEC wins contract to build rail network in UAE

The UAE has a vision to be at the centre of regional goods movement and to diversify its economy, building up its rail network to oil the wheels of trade and population flows

Abu Dhabi Investment Authority invests US$500 million in AGL

Few fixed income products truly target the return objective of institutional investors.

Bond Backlash Shows Time Is Running Out for Lebanon

The economy is creaking under the strain of public debt, which the World Bank has warned is on “an unsustainable path.”

Swedish crowdfunding firm launches operations in Dubai

FundedByMe aimsto launch its first campaign on the local platform early in the second quarter of 2019 after securing licence from Dubai regulator

Aldar investments sells Al Murjan tower

Aldar Investments monetises mature recurring revenue asset to unlock and recycle capital

Time to put to rest oversupply fears in Dubai real estate

There is demand, and change required is in nature of property formats being built

Impact investing: The business of doing good

Around the world - and here in the UAE - businesses are becoming increasingly aware of potential profits while being socially and environmentally conscious

Bahrain's Ithmaar Holding to get $300mln capital boost

The filing to Bahrain Bourse said a major shareholder informed the company’s board that it was considering injection of new capital.

Indices inclusion expected to spark huge Saudi fund inflow

Holdings by foreign investors in listed Saudi firms to rise by 10 per cent.

Bank Hapoalim Announces 2018 Financial Results

The retail deposit base in Israel increased by 9.4% in 2018, totaling NIS 229.6 billion compared with NIS 209.7 billion at the end of 2017.

AIM Summit says alternative investments have grown beyond $10trn

The Alternative Investment Management Summit is a gathering for industry leaders in the world of alternatives, including hedge funds, private equity, venture capital, and private debt.

AD CP receives delegation of Debt Settlement Fund

Sheikh Mohamed expressed his appreciation to the delegates of the participating banks for their positive response and contribution to rendering the initiative a real success as well as their commitment to their Corporate Social Responsibility obligations.

Building blocks: Hamed Ali, CEO, Nasdaq Dubai, on diversifying the market’s offerings to attract new and foreign investors

So far in 2018 we have seen some $11bn in sukuk issuances and we believe we will continue to see more listings issued towards the end of the year, both in terms of corporate and sovereign issuances.

Alternative Investments