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

Abu Dhabi fund set to finance Latin American property deal

BTG Pactual has been selling assets to raise cash and restore investor confidence since the arrest last November of its former chairman and principal shareholder André Esteves.

ADGM, Luxembourg ink agreement

"The signing of a MoU on bilateral cooperation reflects the magnitude of efforts undertaken by the Ministry, as well as the importance of the UAE-Luxembourg Council for Islamic Finance Cooperation."

Kuwait "preferred" investment destination for Japan Official

Japanese investments in Kuwait is expected to grow," said Saito, who is Honorary Advisor of Mizuho Financial Group.

Saudi Arabia Conglomerate Eye Property Investment in Indonesia

Saudi Arabian investors are shifting their focus from buying stocks and acquiring stakes in public-listed companies in Indonesia to getting involved in direct investment here.

Saudi Arabia is trying to borrow billions from banks

The sources declined to be named because the matter is not public.

Standard Chartered in Talks on $2 Billion Iraq Bond Sale

Iraq, grappling with tumbling oil prices and the war with Islamic State militants, may sell Eurobonds in the second half of this year

Bank of China joins as the first Chinese Settlement Bank for DGCX

Today's Agreement will significantly accelerate the interaction and collaboration between the derivatives and financial markets of China and UAE.

These UAE firms are offering pensions to expats: Is yours on the list?

Progressive firms in UAE already offer pension scheme to expat employees

GCC set to tap global loan market to finance deficits

Qatar is seeking $10 billion, while Oman is looking to tap $1 billion.

Mid-east buyer snaps up $30m of luxury penthouses at Battersea Power Station

The Battersea Power Station Development Company is mid-way through a massive redevelopment of the Grade I-listed power station south of the River Thames.

Saudi Arabia to hold out bond mandate prospect to banks

Banks were briefed that the largest lenders on the loan, which may be as much as $10 billion, will also probably be appointed to arrange the bond

UAE payments firm in talks with Iranian banks

The company is in talks with the banks about how it could begin processing debit, credit and other payment transactions without breaching the remaining economic sanctions against Iran

New Abu Dhabi property laws to widen investment opportunities for expatriates

Cityscape Abu Dhabi Market Overview speakers scrutinize growth areas in UAE capital real estate market amid oil freeze deal debate

Commercial Bank of Qatar says raises 2 bln riyals of Tier 1 capital

The Gulf Arab state's third-largest lender by assets will use the funds to "strengthen the bank's capital adequacy ratios

Saudi Arabia to hold out bond mandate prospect to banks

Banks were briefed that the largest lenders on the loan, which may be as much as $10 billion, will also probably be appointed to arrange the bond

Qatar Investment Authority invests $1.3bn in LA office portfolio

QIA declined to comment on the transaction or the fund’s specific investment plans for North America.

Iran to Get Luxury Hotel Along Caspian Sea as Tourism Thaws

Iran’s first foreign-branded hotels in decades arrived in October

Guidance Investments attracts GCC investors by offering stable returns in high growth Asean markets

The Fund focuses on logistics and industrial real estate in Malaysia, Singapore, Thailand and Indonesia.

UAE's Network International agrees to buy Emerging Markets Payments Group

Dubai's largest bank, Emirates NBD ENBD.DU, owns 51 percent of Network International

Dubai: UAE Exchange CEO wins Finance CEO of the Year Award

UAE Exchange has always attempted to be innovative, revolutionising its products to enhance customer experience.

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