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

Saudi Aramco international listing looks increasingly difficult, say sources

The kingdom is counting on being awarded emerging market status by index complier MSCI in June to help Saudi Aramco attract Western funds

London realty remains red hot even with Brexit cloud

Mideast investors show no let up in their interest levels for anything out there

Morocco, Qatar Step up their Cooperation, Sign a Dozen Accords

In this connection, they decided to open shortly a shipping line between Casablanca and Hamed ports to give momentum to trade exchanges between the two countries.

A home in Dubai: Should expats rent or buy?

Expats have options to own freehold real estate or rent out flats for their stay; which is better?

DAMAC Properties: Hussain Sajwani’s Secret Behind Living the Luxury

DAMAC is probably one of his most successful projects and this was because of his extraordinary entrepreneurial skills.

Qatar developing two free zones, says Sheikh Ahmed

The minister expressed his full confidence that Qatar's successful economic policies and balanced growth rates across all sectors have greatly contributed to enhancing investor confidence in the national economy.

Biggest Dubai Bank Courts Foreigners as It Plans Turkey Bid

The shares gained 13.6 percent, the most in more than three years, to close at 10 dirhams in Dubai. About 18.5 million shares were traded, about 19 times the 3-month daily average, according to data compiled by Bloomberg.

Dubai's Nakheel returns to MIPIM with real estate investment opportunities worth $2.5bln

Nakheel comes to this year’s show with a new range of real estate investment opportunities.

Investcorp to launch a $100mln Fund for Omani Pension Funds

The Fund will be focused on private equity investments in the US and Europe.

Mayfair flats go for £100m to mystery Gulf investor

The blockbuster purchase comes despite the waning appetite of overseas investors for luxury London property amid increases to stamp duty and the uncertainty over Brexit.

Abu Dhabi's Gulf Capital acquires controlling stake in Accumed

The alternative asset management firms continues to build its portfolio of investments across the region

Bank Muscat's $500mn Euro bond issue oversubscribed more than two times

'The overwhelming response to the Euro bond issuance by Bank Muscat endorses the credibility enjoyed by the flagship bank in Oman.'

Global Acquires a property in the logistics industry in Germany

The property consists of a warehousing facility spanning over 100 thousand square meters, built to high quality specifications, to cater to the tenant’s requirements.

GCC Lending Transformation Continues

For the region’s borrowers, strong local partners with a proven track-record on all these fronts will be crucial.

Dubai developers reach out to cryptocurrency investors

Volatility and lack of regulation keep investors on the sidelines

Arabia Falcon Insurance IPO opens for subscription

The company has appointed Ubhar Capital as the financial advisor and issue manager for the IPO.

Bonds help Oman and Bahrain delay reforms

Junk-rated Oman and Bahrain have the weakest finances in the GCC and face making politically unpopular decisions such as freezing public sector employment and cut spending significantly, Bloomberg reported

Doha Bank and Amwal launch Qatar’s first ETF

Qatari investment firm Amwal acts as the ETF’s fund manager while Doha Bank acts as founder and sponsor.

Kuwaiti investors asked to cash in on opportunities in Pakistan

The minister revealed that Pakistan was aiming for 9% economic growth by 2020, adding PricewaterhouseCoopers had projected that Pakistan would be joining the G20 by 2030.

Globaleye partners with London Stock Exchange in Middle East

The Academy was not able to provide the exact number of partners it works with, but said “it is something the academy has been doing for a while”.

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