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

New trends in luxury tourism emphasize unique experiences

The luxury tourism industry is definitely shifting, from consumers becoming less interested in thread-count, caviar and other material objects, and more interested in experiences.

Equitativa, Al Hamra and National Bonds launch the UAE’s first Residential REIT

There continues to be significant interest in REITs across the region from both institutional and private investors,” said Sylvain Vieujot, Chairman of Equitativa.

GFH reports 2016 financial results, makes new investments in emerging markets

This represents a significant increase from losses of $5.52 million reported in 2015 due to provisions.

UAE private sector shows improvement in Jan

Emirates NBD’s PMI showed its highest reading since July last year

Not Just Hi-Tech: Israel Competes in Global Asset Management

Clarity Capital Offers Fixed Income Alternatives

Qatar shares settle below 10,600 as index falls for fifth day

Where lower buying support from domestic and Gulf institutions also played its part.

Gulf markets fall as US travel ban hits global sentiment

It was one of only a few days of foreign net selling since the Egyptian pound was floated on November 3.

Egypt successfully issues 'unprecedented' $4 bln in Eurobonds, filling funding gap for 2016/17

The bonds were listed on the Luxembourg Stock Exchange.

Dh11 billion worth of Expo 2020 contracts to support Dubai’s growth this year

Much of the pickup in investment activity is likely already factored in

Riviera Group launches Dh125 million La Riviera Apartments in Dubai

La Riviera Apartments will contain 144 mainly one and two bedroom properties

Temasek, GIC & Khazanah among top 5 sovereign funds with tech investments

Sovereign wealth funds and government owned investment units are increasingly tapping

GIB successfully launches US$500 million five year bond

Strong demand by a great number of highly esteemed entities from the international investor community reflects the market’s confidence in GIB’s experience and strong financial position.

Market permitting, Dubai Investments plans IPOs in 6-9 months, says CEO

The Dubai Financial Market general index has climbed around 14.5 percent since Nov. 14, with Kalban seeing recent drivers as annual company results, dividend expectations and speculation.

Abu Dhabi Global Market launches 50 SPVs

To address the needs of the business community, ADGM’s SPV regime is designed to cater to a broad range of uses within many industry sectors including but not limited to corporates, financial institutions, sovereign wealth funds, family offices and

Qatar Insurance posts FY profit of 1.03 bln riyals

Stock dividend of 3 shares for every 20 shares

Saudi telecom sector market hits SR180 billion

He added that the contribution of the sector to gross domestic product and nonoil GDP reached 6 percent and 10 percent.

UAE crown prince to hold talks with PM Modi: 5 numbers that sum up ties between two nations

Ten Billion Dollars is the total investment the UAE has made in India.

Tadawul registers big gains, UAE bourses end lower

Saudi banks registered strong gains despite a series of lacklustre results

Eshraq focuses on Abu Dhabi and Dubai projects as construction starts

Eshraq is considering to rebrand its projects using its Nuran hotel brand

London-based renewables investment adviser to open Dubai office

The GCC is making a strong show for renewables.

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