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

Saudi stock exchange Tadawul appoints SNB Capital as lead manager for IPO; plans sale for individuals on Nov.30

Al-Hussan confirmed the existence of about 30 to 40 companies planning to list in the financial market.

Saudi stock exchange set for December trading debut, CEO says

The offering could value the bourse at between $3bn and $4bn

Downtown Dubai luxury penthouse snapped up for $13.6m

The property also boasts a luxurious 30,000-sq-ft pool side garden and deck, dedicated chauffeur accommodation, 24-hour maintenance and concierge services, a well-equipped fitness centre, valet services, and some of the best security facilities available

Abu Dhabi Securities Exchange launches derivatives market, to introduce index futures in 2022

Move part of strategy to boost liquidity, enhance product offerings

Saudi's SRC and Bank Aljazira to purchase $80mln real estate financing portfolio

The deal aims to provide long term liquidity for the residential market: SPA

Turkey carries strong growth momentum into 2021, EBRD says

The recovery is being supported by a post-lockdown rebound in domestic demand and strong exports driven by healthy external demand.

Dubai-based Tarabut Gateway concludes $25m funding rounds

It is the first licensed Account Information Service Provider (AISP) and Payment Initiation Service Provider (PISP) in the Middle East & North Africa (MENA) region.

Dubai developer says he's shocked by property rebound

Sajwani said that has made the city an attractive destination.

Oman's economy recovering, economic indicators very reassuring: Al Saqri

The Minister of Economy said that the 10th five-year plan seeks to achieve an average real growth rate in GDP

Saudi Arabia appoints financial advisers for a planned green debt issuance

"The sovereign has multiple projects that are green. We have a lot of solar, wind, power plants that require financing and we have multiple new plans in the pipeline,"

Etihad Credit Insurance launches ‘UAE Trade Finance Gateway’

Without adequate trade finance, opportunities for growth and development are missed, is stated by the WTO.

GDC seals partnership deal with Abu Dhabi group

The MoU established a vital partnership between the two parties to explore potential collaborations

RAK Properties' net profits surge 383% in Q3 2021

Value of assets increased as a result of increased investments in the development of hotel and residential projects

Saudi Arabia jointly hosts Saudi-UK Green finance roundtable at FII and signs agreements with key new partners

Saudi Arabia's Ministry of Investment yesterday hosted a roundtable with the United Kingdom's Department for International Trade to showcase how both countries are making their economies more sustainable

Saudi central bank assets rise $4.86 billion in September

n addition, compared with the same month last year, the bank’s assets, in total, grew SR68.36 billion, or 3.75 per cent.

ICICB Launched the Fastest Blockchain Platform in the World at Blockchain Innovation Summit in Dubai

Nonetheless, the group channels its funds into supporting projects in banking, cryptocurrency trading, commercial real estate, and other affiliated industries on a global level.

Moody’s affirms eight UAE banks' ratings and changes outlook to stable

Move driven by a recovery in operating conditions in the country, rating agency says

Barwa Group signs financing agreement for Qatar Schools project

This agreement will contribute to securing guaranteed rental income for the Group that will help achieve sustainable growth for Barwa’s revenues and the returns of its shareholders.

Middle East investor relations leaders highlight importance of ESG amid growing capital markets scene

Annual Middle East Investor Relations Association conference highlights the latest developments in regional IR landscape with a focus on ESG

BlackRock to work with Saudi’s National Development Fund on $53bn infrastructure plans

The institution contributes to Saudi Arabia’s plans to diversify the economy and develop infrastructure.

Alternative Investments