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

DAMAC launches Shari’ah-Compliant Hotel Apartments

DAMAC Properties is a Dubai company, which listens to market demands

Dubai Investments Q1 Net Profit Jumps 26%

The firm also confirmed that it planned to sell off some assets.

Guidance set on $533m GIB note

The deal will be managed by GIB Capital, NCB Capital, Samba Capital and Saudi Fransi Capital.

Mitsui and sovereign wealth funds of Qatar, Abu Dhabi and Oman keen to buy stake in Petronet

Japan's Mitsui and cash-rich sovereign wealth funds of Qatar, Abu Dhabi and Oman are keen to buy Asian Development Bank's 5.2 per cent stake in Petronet LNG Ltd, India's largest natural gas importer.

Dubai's Majid Al Futtaim to sell $500 mln 10-yr bond on Tuesday - leads

The initial price guidance for the issue has been set at 212.5 basis points over midswaps

Middle East funds become more cautious on UAE -survey

Middle East fund managers have become more cautious about stock markets in the United Arab Emirates because of concern that Dubai may be overheating, a monthly Reuters survey shows.

Infra investment buoys Abu Dhabi market

Abu Dhabi’s real estate market has been on the road to recovery over the past few quarters with property prices witnessing strong growth.

UAE markets slide; Qatar, Egypt rebound

Stock markets in the United Arab Emirates remained weak on Wednesday while bourses in Qatar and Egypt rebounded after several days of losses.

Kuwait Fund to provide Rs 806.4m for AJK

He said KF has approved Rs 4.962 billion for the 31 projects in AJ&K

Davis’s X2 Said to Study BHP Assets Bid With Abu Dhabi Support

Davis has raised money to turn his fund into a mid-tier mining company

UAE financial advisors seized opportunity in global crisis

Their friendship was the start of a business relationship

Dubai Financial Market takes its show on the road to London

The Dubai stock exchanges will showcase their recent spectacular performance for global investors as the emirate’s latest international roadshow hits London.

Standard Chartered sees retail banking opportunities growing in the UAE

At a time when many foreign banks have either exited or are in the process of winding up their retail banking business in the UAE, Standard Chartered is determined to be an active player in this highly competitive business segment.

Kuwaiti investors view all options

CIPA chairman Christodoulos Angastiniotis said the agency gave the Kuwaitis a rundown of Cyprus’ legal and tax systems

Dubai's DP World in talks with banks for $3 billion loan - sources

The original five-year revolving credit facility was signed in April 2012 and has already been renegotiated once, adding a year to the lifespan in June 2013.

ADCB inks financial deal with Fairmont developer

Bank funds are starting to flow into Abu Dhabi’s real estate development sector.

Bahrain Hedge Fund Investor To Buy US Designer Company

We are excited to partner with Investcorp to combine our resources and experience

Dubai SME sign MoU with Taylor Wessing

Dubai SME have signed a memorandum of understanding with the international law firm Taylor Wessing to raise greater awareness and impart knowledge to Dubai SME100 companies in the areas of intellectual property management and fund-raising in capital marke

Dubai Investments Expects Q1 Net Profit To Rise 26%

The company said its profit for the three months to March 31 would likely be Dhs265 million ($72.2 million).

Ejadah Asset Management Group Announces Operation Expansion at Cityscape Abu Dhabi with New Abu Dhabi Branch

Branch will be Ejadah's Second Office in the UAE to Meet Strong Market Demand

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