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

Dubai Land Department unveils virtual realty platform

Bin Mejren said the project covers all real estate transactions, such as buying and selling, as well as real estate market services, including mortgages.

Siege fails to shake confidence of global investors in Qatar

Over 60 countries contributed to the stock of FDI in Qatar at the end of 2017, according to the Ministry of Development Planning and Statistics.

Dubai leads global real estate in return on investment with 7-8% annual rental yield as developers lure British buyers

Both cities logged average rental yields of 6.2 percent so far in 2018

Global funds draw almost US$2 trillion net inflows in 2017

It also notes that passive equity funds continued to take market share from their active counterparts across-the-board, with $662 million of inflows.

Tighten corporate governance, Saudi firms urged as MSCI looms

“In terms of the depth of penetration of investor relations and corporate transparency, Saudi Arabia is still quite low on the spectrum,” Tarbuck told Arab News.

AIM business meetings a huge success

The event attracted more than 100 IPAs and free zones, 43 sponsors and supporting partners, 64 media partners and eight knowledge partners, it added.

UAE sovereign wealth fund Mubadala pays $271m for stake in Gazprom oil subsidiary

Abu Dhabi’s state-owned Mubadala Investment Company (MIC) has agreed to pay $271 million for a 44 percent stake

Intesa Sanpaolo and OurCrowd Launch International Alliance

Partnership with ISP’s Innovation Center will promote startup access to capital market

Abu Dhabi index sees sharpest 2018 rise after ENBD’s acquisition

The Abu Dhabi Securities Exchange general index closed 1.3 per cent higher to 4,585.57, after rising to a high of 4,607.70

World Insurance Report 2018

The report suggests a framework for a digitally-integrated ecosystem that will help insurers become future-ready. ‘

Growth of private debt to boost Middle East real estate market, says JLL

10% of the total real estate debt market could come from private providers within the next decade

Bridge to launch first e-insurance comparison portal

The portal is expected to launch online in the third quarter of 2018, and will enable customers to make informed insurance decisions.

Nasdaq Dubai Plans to Start Equity Futures on Saudi Companies

Our futures will provide further impetus to investment into the Saudi capital markets and help develop new links with market participants.

Hamdan approves organisational structure of Dubai Land Department

The new structure of DLD includes the Real Estate Regulatory Agency, the Dubai Real Estate Institute and the Rental Disputes Centre

FN launches new Women in Middle East Finance powerlist

All nominees for the FN50 Most Influential Women in Middle East Finance list must be based in Mena

Founder of Dubai’s Abraaj faces investor revolt

Naqvi in February passed the reins of the fund management arm to two new co-chief executives

HSBC’s Saudi unit to buy RBS venture in $5b stock deal

A merger would be Saudi Arabia’s first bank combination for almost 20 years

Qatari investments in Turkey expand to new realms

“Both the countries are natural allies which have a lot to share with each other”, added Abu-Sharkh who is an expert on the subject.

KAMCO announces Q1 financial results for 2018

Sarkhou continued to say that the funds and portfolios under management are performing well in the market

NREC announces KD 4 million net profit for Q1 2018

The development of Reem Mall in UAE is progressing well and in line with management expectations.

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