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

Abu Dhabi Retirement Pensions & Benefits Fund announces the Launch of their E- Payment Portal

Al Hammadi: Paying monthly contributions is no longer an obstacle for the private sector.

Russia seeks UAE investments to boost its economy

Eurasian Economic Union and Silk Route are new areas of growth, Russian Business Council chairman says

Menacorp tops Dubai Financial Market’s list of brokers for Q1 2015

MENACORP has been named the top brokerage firm from among the 49 listed brokers at the Dubai Financial Market for the first quarter of 2015. The investment firm ranked first in terms of trade value and market share for the first quarter of 2015 confirmin

Salameh: CMA to license online stock trading

The Capital Market Authority will issue licenses for the launch of online stock and currency trading

Qatar First Bank interested in Indian healthcare sector investment

Qatar First Bank is looking forward to make big investments in India, especially in the country’s promising healthcare sector, said the chairman of the bank yesterday.

Kuwaiti bank NBK sets price guidance for capital-boosting bond, to price Weds

Benchmark size is traditionally understood to mean upwards of $500 million.

Oman Insurance Company and GlobeMed Gulf Healthcare Solutions sign new agreement

GlobeMed Gulf HealthCare Solutions, part of the GlobeMed group of companies, is proud to announce the addition Oman Insurance Company, to its family of serviced clients.

Abraaj raises $1.3bn for African investment funds

Emerging markets private equity group Abraaj has raised more than $1.3bn for two funds investing in Africa

"Kuwait Clearing" Distributes Bonus Shares Today

The ordinary and extraordinary general assemblies have approved in their recent meetings

Emirates set to close $913m sukuk

The proceeds from the issuance of the certificates will be used to fund the acquisition of four Airbus A380-800 aircraft

BBK's $400m bond issue a big success

BBK has announced the closing of a bond issuance of $400 million.

Global Leaders in Investment Management Attend Hedge Fund Summit in DIFC

The 2015 AIMA Middle East Hedge Fund Summit Convened Key Regional Investors with Global Industry Leaders

Swicorp closes Saudi real estate fund deal

A subsidiary of the Al Fozan Group, Retal will develop and sell 164 villas in the Saudi city of Dammam.

This new Singapore fund wants to hatch fintech and B2B startups

A new venture capital fund called Hatcher has launched, and it is targeting to raise US$100 million. It’s well on its way there. The Singapore and Dubai-based “venture builder platform” focuses on startups in the fintech and B2B space.

Qatar corporate sector earnings ‘expected to grow’ about 8% in 2015.

Qatar’s corporate sector was among the best performing in the region with positive double digit earnings in the second half of 2014, a new report has shown.

Regional CEO of MetLife joins MICC

Prior to assuming this position, he was General Manager of MetLife Spain and Distribution Director of Wealth Management in Western Europe.

Emirates' Dh3.35bn sukuk oversubscribed 3.6 times

Sukuk attracts Dh11.74bn orders; to be listed on LSE and Nasdaq Dubai

UAE moving towards allowing 100% foreign ownership of businesses outside free zones

At a the Annual Investment Meeting in Dubai on Monday, Sultan Al Mansouri promised a new “law of Foreign Direct Investment that allows 100 per cent ownership in some sectors outside free zones”.

OFFTEC inaugurates first branch in Iraq

OFFTEC Group delivers comprehensive business solutions with outstanding service.

Gatehouse Bank and Threadneedle Investments to explore strategic investment opportunities

The briefing comes shortly after the announcement of Threadneedle's acquisition of an equity stake in Gatehouse, bringing together a global asset management powerhouse and one of the most well-established originators of high quality Shariah-compliant

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