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

Union Bank of India mulls expansion in wider GCC

Lender encouraged by UAE operations and NRI business

UAE bourses set for a fresh start

UAE equities offer new opportunities to investors as recent market correction brings down valuations of a number of well managed companies to attractive levels, writes Muzaffar Rizvi

Across the world: Islamic banking assets cross $2t

The year 2014 proved remarkable for Islamic banking and finance industry across the world.

Bank Muscat sells Oman brokerage business

Bank Muscat, Oman’s largest lender, has sold its brokerage business to Gulf Baader Capital Markets, a brokerage firm based in the sultanate, the lender said. The decision to sell the business was due to the bank’s review of “strategic al

Al Hilal Islamic Bank launches 'Al Namaa Islamic Savings Account'

A great investment opportunity for depositors who wish to earn returns on their investments

Qatar's PM launches new Anantara luxury island resort

Banana Island Resort Doha by Anantara is located on a Qatari crescent shape island in the Gulf - a 20 minute journey by ferry.

Dubai Investments plans $2.7B in property projects

Dubai Investments PJSC is planning 10 billion dirhams ($2.7 billion) of real estate projects in the next five years as it seeks to benefit from resurgent property demand.

Franklin backs Qatari-led bid for Canary Wharf owner Songbird

QIA already has a 29 percent stake in Songbird, while Brookfield has a 22 percent stake in Canary Wharf Group.

FGB and LIC International to launch 'first' insurance co-branded credit card in the region

This is the first time that a leading insurance company has entered into a strategic alliance with a leading local bank to create a unified payment solution that is associated with a unique loyalty offering for its customers.

DGCX launches three new Emerging Market currency futures

Expanding its suite of Emerging Market products, the Dubai Gold and Commodities Exchange, today announced the launch of three new currency contracts Russian Ruble Futures, Korean Won Futures and South African Rand Futures.

Dubai FDI and Shurooq create partnership to enhance investor network

The Dubai Investment Development Agency, an agency of the Department of Economic Development, and the Sharjah Investment and Development Authority has formed a partnership to conduct joint initiatives and exchange information to attract investment into th

KFH: USD 350 Mln Syndicated Club Murabaha Facility for KFH-Turkey with Participation of 12 Global and Regional Banks

Al-Nahedh: - KFH succeeded in arranging, marketing the deal in a record time Deal twice oversubscribed

Mövenpick Dubai sold by Alwaleed's Kingdom Holding for $95m

Dubai-based Kingdom Hotel Investments, a subsidiary of Saudi Arabia's Kingdom Holding Company, has sold its 100 percent interest in Movenpick Hotel and Apartments Bur Dubai.

Saudi Arabia plans to open stock market to foreign investors in April

Saudi markets regulator has informed London-based brokers and fund managers of the timeline.

Mergers and acquisitions boom in Middle East

Cross-border mergers and acquisitions set to accelerate after a vibrant 2014

KFH Wins Gold Medal Award Of Excellence And Quality

Award Recognizes Bank’s Achievements In Service Quality, Customer Care: Al-Nahedh

Batelco and BBK sign partnership agreement

Batelco and BBK have signed a new partnership agreement that will benefit customers of both organisations

In 2015, Middle East to see rising interest in Exchange Traded Products

Currently there are about 6 Exchange Traded Products from the Middle East traded in the United States

Abu Dhabi SWF to Invest $500 Mil. in Korean Value Stocks

The Abu Dhabi Investment Authority will invest US$500 million in Korea’s value stocks.

CPI Financial: KFH Best Islamic Bank in the World

He indicated that KFH spares no effort to maintain its leading position as the best and largest Islamic bank

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