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

New report reveals how the UAE economy will end 2019

Ministry of Economy releases economic forecasts for UAE

Bahrain Football Team Get Gifts Worth More Than BD4 Million

Bahrain received US$3 million alone, around BD1.13 million, from the Gulf Cup’s organising committee – US$ 2 million was the grand prize for winning the tournament while the other US$ 1 million was for participating.

KFH Participates in the 9th Industries and Construction Exhibition

Organized by ExpoTag For Exhibitions and Conferences, the exhibition is an opportunity for KFH to communicate with the participating companies

Egypt receives $70B on its int’l bond issuance

The CBE governor explained that Egypt's growth rate is one of the highest in the world, which attracted investment.

How Lebanese default would play out: An investor conundrum

“We think the status quo of ‘pay while you can’ will prevail because it presents the way of least resistance for policy makers.”

Mubadala has invested $100bn in US, eyes China

Mubadala has invested $15 billion in Softbank’s Vision Fund I and recently announced plans to invest $250 million through two funds in technology firms in the Middle East and North Africa.

High-tech facility opens in Kizad, to provide quality testing services

The inauguration marks a step towards the UAE government’s vision to raise the quality of the exports and locally traded products while protecting the interests of consumers and supporting the UAE’s competitive economy.

Dubai bankers club seeks turnaround after membership dwindles

Once one of the city's most exclusive places to do business, the venue isn't being spared the economic slump that's weighing on the emirate.

Saudi investors willing to take part in Egypt's Sovereign Fund: Min.

The Minister revealed a decision to establish a number of sub-funds affiliated to the Sovereign Fund, in order to invest in a number of sectors, including a fund for renewable energy.

Saudi Arabia is top improver in World Bank’s Doing Business as UAE drives.

ther landmark changes remember new insolvency laws for Saudi Arabia and Bahrain.

Turkey: Investment Draw

Despite political unrest, and criticism from trading partners, Turkey continues to draw foreign direct investment. Can FDI help it return to economic expansion?

Axiory Global expands to Middle East

They are also available in the Islamic variant considering the local market of UAE.

Drop in commercial sector sales hits Kuwait real estate market

Figures from National Bank of Kuwait show real estate sales dropped to $693.6m in October

Economic reform program reflected in positive figures: Ma’it

“We are targeting a growth rate of 7 percent by 2022."The foreign currency cash reserves have jumped from $12 billion in 2014 to more than $ 45 billion currently,” he revealed.

Abu Dhabi’s go-to man builds $229 billion fund for post-oil era

His broad remit - it even includes the chairmanship of Manchester City Football Club - is particularly important now as Abu Dhabi seeks to reduce its dependence on oil and Mubadala works to diversify its investments.

UK-based Apis Partners hits final close of second fund at $550m, exceeds target

Apis Growth Fund II expects to make equity investments of between $30 million and $50 million into financial services with a focus on capital-light financial services and fintech companies across the growth markets of Africa, South Asia and Southeast Asia

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