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

Emaar announces AED 1.5bln expansion of Dubai Mall

The World's Most Visited Place, Set for Monumental Addition

'Middle East expert network industry to see strong growth'

“Such networks essentially act as the connection between companies seeking specific insights with the seasoned experts who can deliver this,” explains Omar Yamak, the CEO of Infoquest.

Property Finder highlights market resilience in Qatar’s real estate sector

This upward trend signifies a maturing market that continues to offer substantial opportunities for both domestic and international investors.

PIF crowned world’s most valuable wealth fund brand

The Qatar Investment Authority, another wealth fund in the region, secured the third spot with 61.02 brand strength index points with an A+ rating

Saudi Arabia issues $5bn in dollar-denominated sukuk, says report

The kingdom is turning to the debt market to find alternative funding sources to cover an anticipated fiscal shortfall of about $21bn this year

Saudi PIF-backed SRC extends refinancing with ANB

Deal marks the second refinancing agreement between the mortgage finance giant and the bank

Private aviation soars in Saudi Arabia as more businesses take to the skies

Sector set to grow at compounded annual growth rate of 8.88 percent between 2025 and 2029

UAE, Saudi Arabia lead MENA with green bonds issuance of $15.4bln in 2023

Sub-Saharan Africa green bond issuances surge by 125% last year, says IFC-Amundi report

Saudi fintech firm Rasan’s $224m IPO oversubscribed 129.1 times

The company priced its IPO at the top of the previously announced range, selling its shares at SAR37 per share apiece to raise SAR841m

ANB approves 33.33% capital hike to SAR 20B, 5M share buyback

In addition, shareholders greenlit the repurchase of up to 5 million shares to allocate them for the employee stock option.

Apex Group expands across the Middle East with new Kingdom of Saudi Arabia office

Apex Group has much experience within the market, having served many Saudi clients from its regional offices within the Middle East region.

Housing Ministry to launch real estate asset management firm soon in Egypt

Set for launch soon, the venture targets exporting and selling 25,000 residential and commercial units in its first phase

Abu Dhabi Global Market CEO expects thriving capital markets ecosystem as AUMs exceed 200%

ADGM will continue to amplify the ecosystem in Abu Dhabi for global financial institutions, family offices, entrepreneurs, Salem Mohammed Al Darei told Zawya in an exclusive interview

UAE: Gold prices hit record high, jewellery sales dampen a bit

Gold jewellery shoppers in Dubai usually opt for a wait-and-watch approach when prices hit record peaks

Saudi Venture Capital invests SAR112.5m in General Atlantic PE fund

The investment aims to bolster Saudi Arabia’s burgeoning technology ecosystem and support high-growth companies across key sectors

Will UAE gold shoppers soon face Dh300 a gram price tag as price surge continues?

It used to be Dh200/gram was considered expensive by UAE shoppers'

Abu Dhabi’s Lunate launches ETF tracking Japanese equities

The ETF market will contribute to bolster “Abu Dhabi’s plan to diversify its economy and attract more investors to its financial centre

Saudi wealth fund PIF reduces holdings of US equities – report

At year-end, the Public Investment Fund held US-traded stocks with a market value of about $35bln

UAE's 15 per cent remittance fee hike at currency exchange outlets comes into effect

Coming weeks to see flood of promotions as customers decide how to send at lowest cost

HAYAH Insurance unveils report on insurance, health, life, and AI in the UAE

The name Rihla, meaning journey in Arabic, embodies the essence of the report

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