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

Seib wins Qatar Enterprise Agility award for insurance innovation

Held on November 8, the awards ceremony witnessed gathering of a host of leading corporations and innovators.

Istanbul: Banking on the Bosphorus

This year’s annual gathering in Munich of real estate investors, developers and advisers was abuzz with talk of size.

Consortium acquires majority stake in Fawry, Egypt's leading e-payment services platform

Fawry has been at the forefront of electronic payments in Egypt

UAE’s Islamic banks buck regional trend in third quarter

The bank’s performance was supported by strong growth in all income streams and a consistent decline in impairments.

Amwal launches new GCC Fund in partnership with German firm

The fund is open to private and institutional investors and will offer European investors the prospect of strong growth and long term investment returns through investing in equities in the GCC.

Standard Chartered Said to Cut Dubai Trading Jobs, Four MD Roles

Standard Chartered has “acted to reduce management layers at a global level, and as a result, will have up to 25 percent fewer senior staff

Chestertons sees Qatar investments shift in UK property market

Qatari portfolios in the London property market have expanded to include investments not only from owning residential homes but also a keen interest in capital growth from lower value properties

Warba Bank launches exclusive partnership with Honda Alghanim Motors

Warba Bank provides this unique and exclusive offer to its customers in collaboration with Honda Alghanim

QFC eyeing more firms that can add value to Qatar’s economy

Zainal and other QFC officials at the WIEF in Kuala Lumpur. The QFC, an onshore platform with a unique offering, has received overwhelming response at the 11th World Islamic Economic Forum.

Bahrain's Investcorp aims high with new global expansion plans

This aims to achieve $25 billion of assets under management in the medium term, up from around $11 billion currently, with net profit tripling over the same time frame.

KIPCO may seek partners in $5bn real estate deal

Largest scale infrastructure and construction schemes have struggled to get off the ground in Kuwait

Hsbc Bank Oman Doubles Its International Growth Fund To Omr 40 Million

The Fund continues to be open to new and existing importing and exporting customers who are based in Oman, and have cross border trading requirements or aspire to grow internationally.

Leading Abu Dhabi based real estate developer secures facility to Finance Final Phase of Horizon Towers Construction

Deal Demonstrates Confidence in the Abu Dhabi Real Estate Market; says Macquarie Capital

Egypt bourse hit by emerging market storm, sees new IPOs in 2016

Emerging market assets sold off over the summer due to worries about a slowdown in China, weakening commodity prices, and the possibility of a U.S. interest rate rise.

Citibank interested in Egypt’s future bond offerings: EMEA’s CEO

Citibank remains committed to the country and has a continuous dialogue with the Ministry of Finance, says Cowles

GBI joins DE-CIX and UAE-IX Internet Exchanges

GBI becomes an official DE-CIX reseller

Al Rayan Investment is ‘Qatar Equities Manager’

The award is another milestone for Al Rayan Investment

Saudi Arabia Said to Create Special Office to Help Cut Spending

Saudi Arabia is trying to control spending as crude, which accounts for about 80 percent of revenue, slumped by over 50 percent since the end of Aug. 2014.

Low volumes may trigger massive shake-up in UAE stock broking industry

In tough market conditions, Menacorp, the number one brokerage, plans to go back to basics and understand client needs

Facilitations to investors stressed

The ambassador pointed out that the real estate sector in the United Kingdom is the most attractive to investors from the Middle East

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