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

KFH-Saudi inks agreement ceremony with KFH-Research

The agreement cements the role of the bank and KFH-Research to seize investment opportunities that achieve sustainable profit

QInvest’s QMAP funds to be included in the RBC Investor and Treasury Services fund platform

QInvest has announced the inclusion of the QInvest Managed Account Platform (QMAP) funds to The Global Fund Platform of top 10 global custodian and asset servicer RBC Investor & Treasury Services.

Qatari royal, UK firm plan $500m fund for women

British commodity trading and finance investment firm DVK Group is set to team up with a Qatari royal to launch a $500m Shariah-compliant investment fund targeted at women.

Christie's to lead next Middle Eastern art market innovation

Christie's, the market specialist in the sale of art from the Middle East, announces a new online initiative to further complement and extend their successful Dubai sale format and increase accessibility for buyers.

Dubai Steps Up Asset Sales To Cut Debt Pile

Dubai’s state-linked conglomerates snapped up a spectacular array of assets around the world

Saudi Fransi to offer BlackRock products

Cooperation with BlackRock will yield new opportunities to SFC clients through the diversity of investment solutions and strategies offered

Noor Islamic Bank executes $1.4b mandates in Turkey

Noor Islamic Bank has completed Islamic capital market mandates valued at over $1.4 billion (Dh5.14 billion) in the past six months in Turkey

Dubai Scrambles to Fly Gold Bullion from West to East

There is not enough space on airlines flying in to Dubai to meet the rapidly rising demand for physical gold in the emirate since the price plunged to record lows this week.

Dubai's Damac Properties woos Indian investors

"Indians are among the biggest investors in Dubai property markets.

Qatar and France launch $200m investment fund

Business ties between cash strapped France and gas rich Qatar have deepened in the past five years

Dubai Group sells credit card firm to First Gulf Bank

The sale is a strategic decision for Dubai Group and is part of our stated plan to sell down assets

Citigroup Venturing Into Iraq Gets Approval for Baghdad Office

Iraq is an important market, with an economy that has substantial potential over time

Kipco units buy stake Malta’s bank

:Kuwait Projects Co, or Kipco, said that two of its units have together bought a 38 per cent stake in Malta’s FIMBank

Bahrain bank gets extra time on Leeds Utd takeover

GFH Capital has been granted an extension to the exclusivity period relating to their proposed takeover over of Leeds United

Saudi billionaire prince eyes world cities for mile-high tower

Saudi billionaire Prince Alwaleed bin Talal says he is looking at global cities, including New York, as possible locations to build a mile-high skyscraper that would be the world's tallest building by far.

Bahrain bank inks deal for luxury Mayfair apartments

Close to Berkeley Square and Grosvenor Square, Mayfair Chambers is situated in the Mayfair Conservation Area, bounded to the west and south by Hyde Park, St James' Park and Green Park.

UAE revives deal to merge its two main stock exchanges

Talks on a potential merger between the Dubai Financial Market (DFM) and the Abu Dhabi Securities Exchange (ADX) have occurred on and off since at least 2010.

MENA May Funds Inflows Pouring at Record Levels

With May 2013 experiencing inflows of USD 655 million, the Middle East North Africa (MENA) region registered the highest inflows over the past five years (data available from 2009).

Developed market status next goal for UAE: Abu Dhabi bourse chief

The head of the Abu Dhabi Securities Exchange said he was thrilled by the UAE's upgrade to emerging markets status

Doha Bank launches open-ended fund

The initial offer period for the fund is open till July 11.

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