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

Qatar Bank CEO Says Liquidity Better After $9 Billion Bond Sale

"We’re likely to see similar in the coming quarters."

UAE leads Mena’s mergers and acquisitions market deals in first half 2016: EY

Despite sluggish macroeconomic situation at the beginning of 2016, overall deal activity in the first half of 2016 was largely consistent with the same period last year, the global consultancy said in an emailed statement on Monday.

Qatar’s liquidity improves after $9bn bond sale

Banks were also facing a narrowing in net interest margins and higher interest expenses.

London the top choice for GCC real estate investors

Sixty per cent of those surveyed identified capital value growth as their main financial investment driver across all asset classes.

Emaar Said to Pick Banks Including Standard Chartered for Sukuk

A benchmark-sized issue usually raises at least $500 million.

Saudi Arabia’s Attempts to Boost Bank Liquidity Aren’t Working

The government is seeking to plug a hole in its finances by withdrawing deposits and selling local currency bonds to lenders in monthly auctions.

Israeli Investors Pouring Money Into U.S. Multi-family Housing

A New York real-estate magnate famous for having leased the World Trade Center buildings just weeks before the 9/11 attacks.

French environment minister announces partnerships in Iran

"It's a real problem. It's been raised by the Iranian ministers but also by French businesses," she told reporters in Tehran.

Lebanon: Remittances in decline but holding steady this year

The indirect impact of sustained low oil prices in member states of the Gulf Cooperation Council will adversely affect Lebanon via lower remittances and capital flows.

Thomson Reuters Lipper announces MENA Markets and Global Islamic Fund Awards 2016 winners

All the winners of the Thomson Reuters Lipper Fund Awards deserve to be congratulated for delivering consistently good risk-adjusted performance, relative to their peers.

Qatar issues $12bn worth of sovereign debt

Project awards have lagged considerably in 2016 due to financing constraints and project spending rationalisation.

Pakistanis homing in on Dubai properties with surge in investment

New figures record double-digit growth in H1 2016

FTSE announces 'eligible' list of Qatari companies

The changes to the FTSE Secondary Emerging Market index will be effective from September 20, 2016.

MidEast buyers said to invest $11m in BBC’s former London home

The scheme is also planned to include cafes and restaurants, an independent cinema, 400,000 sq ft of premium office space and new outpost of private members’ club Soho House, complete with 47-room hotel.

Moody’s upgrades Masraf Al Rayan’s issuer ratings

The outlook on the long-term ratings has changed to stable from positive.

Sale of former Burlington to German bank secures its future as a landmark hotel

The future of the former Burlington Hotel in Dublin 4 as a four-star hotel and conference venue is set to be secured following the entry of German asset manager DekaBank into exclusive talks with its owners, the US private equity giant, Blackstone.

Qatar's financial position 'will remain strong over next decade'

Similar to other hydrocarbon-exporting countries, Qatar's sovereign outlook deteriorated on the back of the slump in global oil prices that began in the summer of 2014.

Qatar fund buys 9.9% stake in Empire State Building owner

Qatar Investment Authority bought a near 10% interest in Empire State Realty Trust as it boosts investments in N. America and the Asia Pacific region

Bedaya holds workshop on ‘financial statements’

This was done by using templates that helped in forecasting sales figures and managing monthly as well as annual profit and loss expectations.

Qatar fund buys stake in Empire State Building

While Empire State Realty Trust owns properties in Manhattan, Westchester County and Connecticut, the Empire State Building is its most valuable building

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