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

Double win for Oman Insurance Company at the MENA Insurance Awards held in Dubai

We are pleased to win this award, an affirmation of all our successes this past year.

Trade finance secures the deal for the UAE and Middle East

Financing of trade has long been essential to this country, with UAE non-oil trade growing by 0.65 per cent to Dh1.07 trillion in 2014 from a year earlier

UAE, India ties get new boost with seven agreements signed

Deals signed in the field of cybersecurity, infrastructure investment, renewable energy & space cooperation

Local investors lead major ME bourses up but banks dampen Abu Dhabi

Equity markets in the region, where government revenues largely depend on petrodollars, have been struggling to break free of the negative impact of weak oil prices.

KFH-Turkey issues capital boosting $350m sukuk

This issue represents one of the key issues in KFH-Turkey and is the outcome of collective success.

Centaur Asset Management becomes CISI's latest corporate supporter

Award-winning asset management firm signs up to CISI's standards designed to promote integrity and trust within the sector

Qatar General Insurance and Reinsurance Named Best Performing Insurance Company at Middle East Flagship Forum

5 awards were delivered at Gala Luncheon at the Middle East's longest running forum attended by central bankers, regulators and leading insurance companies

Leading international and regional financial experts to converge at 5th Euromoney GCC Financial Forum

The two-day forum will also feature high-profile panel discussions examining the global and regional macro outlook

Alkhabeer Capital Launches its IPO Fund

The fund may also invests part of its assets in the same at other GCC capital markets.

SEDCO Capital Sweeps Saudi Asset Manager of the Year Award

This year's awards have been judged by a number of highly respected individuals from the region's asset management sector.

Getting a hang of the diversification game

The UAE has already shown the way for Gulf oil producers to lessen dependency

EFG Hermes launches its first Ucits funds

Egypt and Middle East-based investment bank EFG Hermes has launched its first Ucits funds, one of which sees its debut into frontier markets.

Troubled Indian group nears sale of top London hotel to Qatar

The Business Standard newspaper reported that the deal for the Grosvenor House Hotel in Mayfair could raise as much as $337 million.

Ziraat Bank Azerbaijan announces full management and shareholder staff

The bank also has offices in the UK, the US, Bulgaria, Georgia, Iraq, North Cyprus, Greece, Saudi Arabia and Iran.

UAE shares record second consecutive weekly gain as oil strengthens

Brent futures opened nearly 2 per cent higher before erasing gains to trade at around the $35.10 mark in late afternoon.

Qatar central bank cancels monthly T-bill auction

It was cancelled this morning by the governor of the central bank

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

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