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

New cryptocurrency launches in Dubai, backed by real economic activity

That tokens are generated in line with the production of Farad’s capacitors is exceptional for this kind of initial coin offering

Oman Qatar Insurance to float IPO on Muscat bourse

The company operates through five retail branches and digital channels.

Qatar shares gain as bullish sentiment prevails

Buying was skewed towards micro and large cap stocks in the market, which also saw increased buying support from Gulf individuals.

India's Federal Bank To Open At DIFC

While Federal Bank is poised to increase the bandwidth and access of its products and services in the Gulf, it is also looking at expanding in Canada, Australia, the US and the UK- countries with a significant NRI population.

Five Chinese Firms to Invest $300 Million in Abu Dhabi

Al Jaber considered that this agreement further cements “our friendship with China, with economic development as our mutual goal.

Mohammed Bin Rashid Fund and Metis Management Consultancy up for Post-Fund Monitoring of SMEs

The partnership means guaranteed support for SMEs whenever they need to ask questions, bounce new ideas, or even re-plan or budget their forecasts.

Launch Of RAK Economic Zone

Terming formation of RAKEZ as an important milestone for the free zone landscape in Ras Al Khaimah, higher authority described their hard work to establish this new authority shall diversify its offerings to attract a broad client base and grow the number

Aldar’s first half net profit down 3.8%

The revenue for the first half remained flat at Dh2.93 billion

Saudi business conditions improved last month

New orders stabilise Egypt’s private sector in July

Middle East geopolitics behind $262M transfer

While a footnote in monetary terms in Qatar’s wider investment portfolio, the immensely wealthy 2022 World Cup host nation has long used sports as a way to elevate its stature.

Front-liners gain further momentum in strong Dubai markets

Dubai Enternatinments extended gains after gaining more than 7 per cent in the previous session.

Dubai Investments reports rising rent income despite profit decline

The company also aims to diversify its revenue sources by branching out into the health care and education sectors.

In Abu Dhabi, smaller the flat, bigger the returns

Average current yields are around 7.5 per cent in the city, with lower yields on more luxury property

Mideast funds more positive on equities, Qatar balanced

Q2 earnings season provided more clarity to managers

Chinese firms to invest $300m in Abu Dhabi

The companies, from Jiangsu province on China's east coast, are involved in sectors ranging from power and metals to natural resources and banking, Abu Dhabi officials said.

Residential property market in Dubai unlikely to see much growth in 2017

The report points out that recent off-plan new sales launched have been strengthened by competitive pricing and increasingly flexible payment plans.

Eskan Bank REIT commences trading to expatriates and foreign investors

First half-yearly dividend to be paid in September.

Dubai developer Nakheel targets growth in recurring revenue

"We want it to be ... more than 50 percent" by 2021, Lootah said

Dubai Investments unit signs $299m loan deal

The deal was signed by Khalid Bin Kalban, managing director and CEO of Dubai Investments and chairman of DIRC

Al Ahlia Insurance posts better half-yearly results; issue to close on August 2

Leading research analysts have recommended subscribing to the IPO of Al Ahlia Insurance and anticipate potential upside on listing.

Alternative Investments