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

Abraaj’s fund management rights to be transferred to investors

Liquidators’ move signals end for buyout group’s stewardship over EM funds

Egypt’s Real Estate Sector Goes into Growth Mode

When the value of the Egyptian Pound fell, inflation of imported goods including raw materials for construction rose sharply, and would-be buyers – in the midst of the economic tumult – erred on the side of caution, delivering a blow to real e

Turkey slashes growth forecasts to boost investor confidence

Albayrak said growth would be 3.8% this year and 2.3% in 2019, both revised down from forecasts of 5.5%.

Saudi Arabia's sovereign wealth fund set for busiest year yet as spending spree ramps up

Investments are part of plans — unveiled after collapse in crude prices in mid-2014 — to create world’s biggest sovereign fund with more than $2 trillion in assets

Saudi’s Public Investment Fund closes $11bn debut loan

The PIF said it would use the loan for “general corporate purposes”

Dubai spurs GCC Corporate earnings growth

UAE recorded 13.6 per cent growth in corporate earnings compared to 9.8 per cent in 2017

Is the UAE's new five-year visa a game changer for expat retirement?

The new plan could change how non-Emiratis invest and manage their money

KFH: Financial Comprehension and awareness of Customers Protection Guide

Al-Fadhli: In response to CBK Invitation and to Enhance Banking System

Ssangyong E&C wins $62mn contract from Wasl Asset Management Group

The Andaz Hotel will be built in Jumeirah 1, one of the three areas in the coastal residential district of Dubai.

Egypt named country of honour at Cityscape Global

This pact aims to put spotlight on Egypt’s economic and social development at Cityscape Global

United Bank, Afreximbank to finance Egyptian exports to Africa

The collaboration will allow the duo to guarantee export earnings of Egypt, protects exports from risk of non-payment and increase volume of foreign trade in African markets.

Chartered Insurance Institute opens Middle East and Africa office

There is growing demand from the region for the raising of professional standards

Abu Dhabi Financial Group offers revised bid for Abraaj's ME funds

The Abu Dhabi-based alternative investment firm is among more than a dozen bidders seeking to buy the bulk of Abraaj's private equity funds

Now is the time to buy London property, says Chestertons ahead of Cityscape

Research has revealed the average property price in London has remained flat over the last 12 months, however, favourable exchange rates, thanks to an 11% drop in Sterling since April is piquing the interest of savvy UAE investors

Shinhan-led banks grant loan to Afreximbank

This marks the bank consortium's first syndicated loan to the pan-African multilateral financial institution

Real estate a major driver as private equity set to continue outpacing stock markets - expert

Berkeley Assets says private equity is raising more capital than ever before

Boursa Kuwait launches educational portal for capital markets knowledge

Fully digital portal aims to promote financial literacy among investors

Erdogan appoints himself head of Turkey's wealth fund

Erdogan last year said the fund needed a "reorganisation" after the first chairman Mehmet Bostan was removed from his post in September 2017.

Swissglobal acquires Premium Insurance in continued Middle East expansion

The strategy comes as the financial services and wealth management firm continues its strategy of expansion worldwide through acquisitions.

Wealth Funds Looking for Glamour in Benko's Luxury Estates

Signa founder said to have met with Norway, Abu Dhabi funds

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