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

Allfunds to target Singapore and Saudi Arabia

The exact date of Selant’s appointment in the Middle East will be announced shortly

Abu Dhabi exchange signs bonds listing, trading agreement

Abu Dhabi Securities Exchange has signed an agreement paving the way for bonds and other debt instruments to be listed and traded through the bourse, it said in a statement on Sunday.

Remit2India launches 24/7digital remittance services for UAE NRIs

UAE-based non-resident Indians may now use a locally issued credit card and bank transfers to transfer money to any bank account in India

QIB-UK offering real estate investment opportunities for premium clients in London

QIB-UK has assembled a team of Real Estate specialists to assist clients with real estate opportunities in the London market. The bank’s network gives interested clients early access to exclusive residential real estate opportunities.

QCB looks to be flexible with govt bond issues

The timing of local currency bond auctions would also depend on market conditions and policy goals

MetLife Directs Its Attention To The Middle Market

Wheeler called the numbers of uninsured and underinsured households a “huge white space"

Oman's residential property market tempts UAE-based NRIs

UAE-based non-resident Indian buyers are investing in Oman's residential property market.

RAKBANK launches $500m debut bond issue

United Arab Emirates-based lender National Bank of Ras Al Khaimah launched its debut $500 million, five-year debut bond on Tuesday after tightening the pricing

United Arab Bank and Zurich Sign 5-Year Exclusive General Insurance Distribution Agreement

UAB offers convenient Motor, Home, Life and Travel Insurance solutions to its customers

Easy Money Hopes Still Underpin Stocks

Local markets are tipped for a positive start Tuesday as Wall Street managed a modestly higher close in the face of rising investors worries over both Ukraine and Iraq.

ADIB launches Dana MasterCard in association with Emirates Business Women Council

Same benefits as the World Rewards MasterCard Cardholders benefit from the existing ADIB Dana products and services

Banque du Caire earmarks USD699mn for SMEs in H2 2014

Banque du Caire, the third largest government-owned bank in Egypt, has allocated EGP 5 billion (USD 699 million) to finance small and medium enterprises for the second half of 2014, Chairman and CEO Mounir Abdel Wahab El Zahid told Zawya.

Dubai faces moment of truth over looming property bubble

A leap in bank lending to the construction industry indicates financial institutions have resumed pouring money into real estate projects in the last few months, after cutting back sharply in the wake of Dubai's 2008 crash.

First Finance Company wins "Best Business Finance Company" at The Banker Middle East Industry Awards 2014

First Finance Company, a member of Barwa Bank Group, won "Best Business Finance Company" at the 2014 Banker Middle East Industry Awards ceremony held at the Emirates Towers Hotel in Dubai on 3rd June.

UAE is No 3 choice for UK expats to live and work abroad

The report reveals that 75 per cent of expats consider career opportunities to be the key driver for moving to the UAE.

UAE bond sales raise record $6billion

Top UAE entities have raised more than $6 billion in record bond sales.

SICO flagship fund posts return of 204 per cent

Its annualised return over the past 10 years has been 11.7pc versus 5.9pc by the index, and it has consistently ranked in the top quartile of its peers.

Emirates NBD and MetLife sign strategic partnership

The UAE constitutes the largest life insurance market in the GCC with total gross premiums of US$8 billion

MENACORP awarded 'Best Brokerage House-Dubai' by AFE

MENACORP, the UAE's leading investment bank, has won the prestigious 'Best Brokerage House- Dubai' award given by the Arab Federation of Exchanges at the recently concluded AFE Equities Summit 2014 held in Dubai.

Qatar bourse mulls foreign brokerage firms

The remote membership is likely to be rolled out in the third phase of development, according to sources quoted by the English daily.

Alternative Investments