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

Abu Dhabi Securities Exchange signs MoU with ECT

As part of the agreement, ADX will conduct seminars and workshops for ECT students aiming to explain market procedures and methods of trading in the domestic market.

Asiya: China strengthens economic ties with the Middle East

Chinese President Xi Jinping recently completed his visit to the Middle East at a crucial time.

France and Iran agree 15 billion euros worth of business deals

French officials said Iran was putting the finishing touches to the Airbus deal

Ibdar makes £8 million investment in prime new Manchester city centre development

Continues diversification of real estate offering and investment opportunities for GCC investors across global markets

Middle East Eyes Indonesian Beaches

Alwi explained that the Middle Eastern countries were more than willing to provide fund to develop beaches in Indonesia. The United Arab Emirates, for example, books an annual state revenue up to Rp 2,000 trillion (US$144.9 billion) per year.

Middle East investors lured by European hotel trophy assets

Their recent transactions include Claridge’s, The Connaught and The Berkeley in London’s Knightsbridge, and The InterContinental Paris Le Grand.

Dubai exchange launches equity futures for US, Indian stocks

Before introducing the single-stock futures on Jan. 15, the exchange already traded Indian stock index futures.

Crowdfunding Gets Stamp of Approval for Israel’s Financial Markets

Poalim IBI, Israel's biggest securities underwriter, takes 14 percent stake in Headstart for $1 million.

Key trends that will affect UAE property in 2016

Conventional project financing such as bank lending or IPOs will become more difficult, and developers will have to look for alternative funding mechanisms such as joint ventures, refinancing, public private partnerships (PPPs) and co-investment vehicles.

Griffon Starts $108 Million Fund to Invest in Iranian Stocks

Iran is opening up to foreign investors after the lifting of international sanctions earlier this month ended a decade of isolation.

BlackRock launches fund for European investment in Tel Aviv blue chips

The London Stock Exchange (LSE) said the iShares TA-25 ETF would be listed on the bourse, becoming the first Israeli ETF to list in London.

Serbia keen on investment from UAE as ties grow

President Tomislav Nikolic says a number of projects in the pipeline

Egypt considers floating two state banks - central bank governor

We are studying taking a couple of banks to the stock market for capital increases, diluting around 20 percent

Philippines vice-president upbeat on boosting ties with the UAE

Sheikh Mohammed spoke highly of Filipinos and their contributions to the UAE.

Saudi market regulator approves REIT listing rules

The trusts are securities which trade on stock markets but invest directly in properties and distribute profits as dividends.

Wermuth Asset Management launches Green Gateway Fund 2

With the launch of Green Gateway Fund 2, Wermuth Asset Management seeks to build on the success of Green Gateway Fund 1

OMR80 million aviation leasing fund launched in Oman

Oman Aircraft Leasing Fund 1 will be listed on the Muscat Securities Market with 8,000 units of OMR10,000 each.

Dubai's Propertyfinder Group raises $20M from Swedish venture capital firm

The investment has raised the company’s valuation to $200m, Propertyfinder said in a statement.

NBAD Securities #1 Brokerage in the UAE

NBADS closed 2015 as #1 broker in the combined ADX and DFM markets, both in terms of traded value AED 40 billion and market share 9.5%.

Jadwa Investment recognized as ‘private equity firm of the year in Kingdom’

This achievement is yet another acknowledgement of Jadwa Investment’s market leading position in the Saudi Arabian private equity industry.

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