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

Farnek wins 'FM company of the year' at Middle East industry awards

Hat-trick of industry awards bestowed on progressive UAE-based total FM company

Indian expats in Kuwait write to FM for setting up a joint investment fund

As per the figures released by Indian Ministry of Commerce, the Trade exchanges between Kuwait and India (Bilateral trade) reached $18.21 billion in the 2013-2014 year.

Banking sector's role highlighted

The Crown Prince yesterday emphasised the role of Bahrain's banking and financial sectors in driving economic growth and supporting investment projects in the kingdom

New India Assurance to open regional hub in DIFC

New office to house claims settlement centre, the first in the region

Robust Saudi hotel industry pulls international investors

Saudi hospitality sector is attracting more investments and investors amid robust growth, and many of the international companies are targeting the Kingdom as its sector is considered as one of the biggest in the Middle East.

Dubai-China economic ties stirring investment interest

Trade between China and Dubai reached 34.3 billion (US$5.5 billion) in the first nine months of 2014

Strong appetite for investment in Egypt

A panel of business leaders, bankers, investors and regulators said at a Forum hosted by the National Bank of Abu Dhabi that there is strong appetite to invest in Egypt.

Kuwait - Global beats restructuring plan on Mideast buyouts

The company generated 122mn from asset sales between July 2013 and the end of last year, exceeding a target of 35mn in its agreement with creditors, Ibrahim Saad, chairman of Global, said in an interview in Dubai.

DFM welcomes Amlak’s resumption of share trading

Dubai Financial Market today welcomed the resumption of Amlak Finance PJSC share trading

Amlak shares end flat after wild return to Dubai trading

Traders said institutions were doing most of the selling while speculative individual customers were doing most of the buying.

Zain Group invests in Wamda Capital's Venture Fund

Zain joins the World Bank's IFC in supporting MENA's digital start-up ecosystem

Abraaj plans more exits from Gulf investments

Abraaj, a buyout firm focused on emerging markets, plans to exit more Gulf investments after selling a stake in an Egyptian medical business last month

Zain Group invests in WamdaCapital's Venture Fund

Zain Group, a leading innovator of mobile communications in eight markets across the Middle East and Africa, announces its second foray into venture capital investment through a strategic participation in WamdaCapital's growth stage venture fund. Wam

Abu Dhabi Retirement Pensions and Benefits Fund Launched the "Mazaya" Program

They were the source of strength and giving and today they are our source of experience and knowledge.

KKR, Fajr close in on stake in Mideast retailer Azadea - sources

Based in Lebanon but with operations across the wider Middle East, North Africa, Turkey and Pakistan, Azadea holds franchise rights for brands such as Gap, Zara, which is part of Inditex, and Superdry.

Ashmore to apply for Saudi investing licence this week - director

$566 bln stock market opened for applications on Monday

Gulf Capital Receives Dual Recognition for "Best Credit Fund" and "Best Private Equity Firm" in the Middle East

The prestigious Banker Middle East Industry Awards ceremony was attended by prominent industry leaders and banking and finance experts from the Arab World, including the Gulf Cooperation Countries (GCC), Levant and North Africa, and from around the world.

Alternative Investments