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

Clearstream's assets under custody rise in Turkey

Ratings agencies have given Turkey the vote of confidence this year, with Fitch, Standard & Poors and more recently Moody’s granting the country investment grade status.

Abu Dhabi wealth fund to invest $250 million in Hines India Real Estate

Abu Dhabi Investment Authority is pouring $250 million into Hines India Real Estate.

Kuwait said to seal $2.8bn London property deal

London Bridge Holdings announced the strategic sale of More London, to a well-established London property owner without naming the buying.

State Of The Art Luxury Brand, Oxford Vaughan Launches in the UAE

The luxury British sunglasses brand, Oxford Vaughan, is proud to announce its arrival in the UAE to introduce their prestigious collection of exclusive eyewear.

National Bank of Oman GCC Fund raises OMR12.4m

The strong response received from investors from Oman and the wider GCC states despite high market volatility reflects their belief in the fund's investment strategy combined with strong investor confidence in the bank's asset management product

UAE and Gulf finance chiefs more optimistic than regional and global counterparts

The Deloitte Global CFO Signals report provides highlights of recent CFO surveys results by Deloitte practices across the world.

Emirates NBD Asset Management and Jupiter in tie up

The newly formed strategic partnership announced that Jupiter’s multi-manager team has been appointed as delegate investment advisor for the conventional multi asset class global funds

Swicorp plans $266m Saudi property fund

The “Bawabat Makkah 1st Real Estate Development Fund” involves the development of a 1.5 million sq m site

German Investors Eye Push

More than 50 high-net worth private and institutional German investors yesterday visited Bahrain to explore investment opportunities in the kingdom.

NCB Capital voted number one in five sectors in Middle East equity research poll

This is an increase from ranking at number one in three sectors in the 2012 poll.

Dubai says will soon publish new sukuk standards

Sukuk do not pay interest and are structured to offer investors returns in other ways.

Swatch Agrees to Buy Dubai Luxury Retailer Rivoli Investments

Swatch Group AG, which bought the Harry Winston watch and jewelry brand for about $1 billion in March, agreed to take over Dubai retailer Rivoli Investments LLC

Adib aims to gives shares access to international investors

Foreign investors are allowed to buy up to 49 per cent of shares in the country’s publicly listed companies.

Kuwait Pledges $2 Billion in Low-Interest Loans and Investments to African

The two-day summit in Kuwait is exploring ways to promote economic ties between the Arab world, which includes wealthy Gulf states, and investment-thirsty Africa.

Advisers still servicing few wealthy clients

CAPM Investment was incorporated in September 2007 as a private joint stock company registered in the Emirate of Abu Dhabi with a capital of Dh55 million ($1.97 million), licensed and regulated by the UAE Central Bank with operations covering the Mena reg

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