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

CF establishes Middle East headquarters in Riyadh

Part of CF’s expansion in the region includes the recent recruitment of Joud Abduljawad.

Lunate provides strategic growth capital to UHNW wealth manager Azura Partners

Investment underpins Lunate’s expansion into adjacent business areas

Barwa Real Estate posts QR239.5m net profit for Q1

The Earnings per Share (EPS) amounted to QR0.0615

Aamal revenue up 6.8 percent to QR580.3m in Q1

The company reported total revenue of QR580.3m up by by 6.8% (Q1 2024: QR 543.3m).

FABMISR and Orman Association expand partnership with second phase to drive sustainable development

In Al Falouga Village in Beheira

Ajman Land Department and Emirates Auction sign cooperation agreement to organise real estate auctions

Emirates Auction will handle all real estate auctions referred by the Land Department

Kuwait Bourse closes higher

The Premier Market Index gained 25.93 points to reach 8487.68

Aditum's DIFC Fund Range Crosses $250M; Firm Sees Increasing Demand for Domestic-Domiciled Products

This milestone coincides with broader growth across Aditum’s business lines, bringing total assets under management to $7.7 billio

Saudi Arabia’s FDI drops to three-year low

An annual government report attributes the slowdown to "lower global liquidity and tighter monetary conditions".

Real estate developers urge financial support, regulatory reforms, and global promotion to drive growth

Developers further recommended removing tax obstacles for real estate investment funds

Emirates and flydubai set new record

Showcasing the strength of their partnership with over 5 million passengers carried on joint network in last year

Dubai real estate residential sales up 22.4%, commercial deals rise 18.2% in Q1 2025, reports Engel & Völkers Middle East

Robust investor confidence, population growth, and infrastructure investment continue to fuel cross-sector expansion

Kuwait: KFH announces $549.4mln net profit in Q1 2025

Net financing income for the first quarter of the year reached KD 318.9 million; an increase of 21.1 pct compared to the same period last year

QInvest realises 43% return on investment on class A multi-family US residential real estate project

QInvest has now successfully exited the project, realizing an attractive return on its investment.

Invest Qatar and QNB partner to offer tailored services to foreign investors

This collaboration is designed to strengthen Qatar’s position as a leading investment destination by offering streamlined access to business setup services and customised financial solutions.

QSE index soars to 10,213 level, market capitalisation reaches QR600.59bn

This increase was supported by positive performances across various sectors, reflecting a generally optimistic market sentiment.

Stc Group to spearhead multicloud tech innovation in MENA with Kyndryl

Stc Group and Kyndryl’s multiyear partnership is set to enhance cloud and IT

Oman credit outlook strengthens as OIA reforms drive financial resilience

OIA successfully reduced the aggerate debt of its subsidiaries from USD 29.64 billion in 2021 to USD 23.92 billion by the end of Q3 2024

Egypt, Kuwait agree to enhance economic, investment, trade relations

The Kuwaiti emir held a bilateral session of talks with President Sisi, preceded by an expanded meeting comprising members of the two countries’ official delegations.

Sohar International conducts investor session in collaboration with MSX to present 2024 financial performance

Conducted virtually via Zoom and facilitated by the Muscat Stock Exchange

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