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

Turkish stocks enjoy record close as bank stocks surge

BIST 100 index jumps 0.98 pct to close at 100,617.69 points.

Investment Should Be The Growth Driver For Egypt’s Economy

The government estimates tax revenue at EGP 604 billion up from EGP 458 billion in 2016/17.

How Saudi Arabia boosted Gulf IPOs

The largest regional offering in quarter was by Investment Holding Group, which raised $138 million.

Banking shares fall, bucking global trend in UAE, Kuwait

Real estate-related shares most active in Dubai

Kuwait's KFH honors Imams at the state's Grand Mosque

The concerned parties and to organizers in recognition of their efforts in organizing prayers and offering the best services to worshippers.

Credit Bank fire-caused losses more than USD 6 mln -- director

The fire, losses of which were estimated at five percent of the project value, caused no injuries, he said, lauding the extraordinary efforts by the Kuwaiti firemen who doused the flames.

German newspaper reveals secret FIFA report into Qatar 2022 corruption allegations

After repeated claims about corruption in the run-up to those votes, FIFA asked its then-chief ethics investigator Michael Garcia to compile a report into the bidding nations for both World Cup, which he produced in 2014.

Dubai property prices down 20% on end-2015

PropertyFinder said the pace of rental and sales price declines was slowing despite the 18-month slide in values

Saudi business cheers leadership shift, frets over reforms

The Saudi stock market jumped 7 per cent in the two days after Mohammed bin Salman was appointed

Dubai keen to invest in Myanmar gold

We will report this matter to our union minister.

Nearly 2,000 caught up in ‘biggest ever’ Abu Dhabi scam

Al Balushi said the scam was the first case of investment fund fraud in the Emirate for five years.

Qatari FM: Willing to talk with Gulf states, but...

Qatari Foreign Minister says his country is ready to engage with Gulf states, but they must reverse their sanctions.

Northern Trust Survey: Surge in Demand Shows Transparency is Key to Success for Alts Investing

Responsibility for Ensuring Transparency is in Flux

Businesses begin to feel the heat of Qatar's isolation

Commercial costs are rising and banks are pulling money out of the peninsula state as the row with Gulf neighbours continues.

Venture capital investment gains popularity as an asset class

The UAE saw the highest levels of VC activity in the region last year

Mena private equity industry faces fund-raising challenges

Conditions remain challenging due to economic headwinds and geopolitical factors

Pure Harvest announces advisory board appointments and $4.5 million venture fundraising

Pure Harvest Smart Farms (“Pure Harvest” or the “Company”), a tech-enabled arid climate agribusiness has announced new appointments to its advisory board to assist the management team in its growth strategy.

Abu Dhabi Securities Exchange distributed $6billion cash dividends in H1 2016

ADX has provided multiple and easy channels to accomplish this.

Saudi Arabia’s public finances seen stabilising by 2020

Fiscal targets are likely to be missed but consolidation set to narrow imbalances

UAE ranks high in Global Innovation Index 2017

Jumping six places from last year’s 41st position, the emirates has achieved one of the highest growth rates among top tier innovative countries.

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