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

Moody’s affirms ratings of 10 Qatar banks and changes outlook to stable

Moody’s continues to incorporate a very high probability of government support for the long-term deposit and debt ratings of the Qatari banks

Emaar surges as Abu Dhabi index hits 18-month high

What helped us today in recovery was Emaar, which led the way and helped the share close at Dh5.20

Coursera to offer transformative learning to Bank of Singapore employees

Coursera, the global leader in online education today announced its partnership with Bank of Singapore, the private banking arm of OCBC Bank.

UAE a key Middle East stop along China’s Silk Road initiative

The value of trade between the two countries grew 15.1% year-on-year in 2017

UAE banks continue to perform well, with higher profitability

Overall increase in profitability due to higher return on equity (RoE) and return on assets (RoA)

Testing times ahead for Turkey’s financial system

Crisis of confidence dents credit outlook and the liraTesting times ahead for Turkey’s financial system

Lebanon Central Bank head expects economy to grow 2% in 2018

Riad Salameh said estimates made in the light of a slowdown in the real estate sector and stable consumption

South Africa’s Ramaphosa On Investment Drive In Middle East

The state visit will also present an opportunity for South Africa to increase co-operation with Saudi Arabia in light of the country’s new strategy for Africa.

Capital Intelligence affirms GIB ratings

GIB’s ratings are therefore not constrained by CI’s sovereign ratings for Bahrain

Building the Digital Silk Road

With the UAE’s strategic geographical position between east and west, companies in the country stand to be among the top beneficiaries of the BRI.

Outlook for Bahraini banks remains negative: Moody’s

Problem loans will rise modestly to 6.5% from an estimated 5.8% at the end of 2017.

SAP: Saudi Arabia Ranks as Top Digital Banking Market in Middle East and North Africa

Among the Kingdom’s biggest digital banking growth drivers are moving to the cloud, which SAP supports with the recent launch of its local public cloud data center in the Kingdom.

String of UAE firms disclose exposure to Abraaj Group

First Abu Dhabi Bank, United Arab Bank, Waha Capital and Al Qudra Holding among those with degree of exposure to private equity group

Thomson Reuters: M&A Transactions With Middle Eastern & North African Involvement Reached $33.9 Billion During Q2 2018

Middle Eastern and North African region is at its second highest level since our records began

NZ Minister welcomes climate focus on long-term investment

Together the members of the SWF Group manage over $3 trillion in assets.

Sovereign wealth funds start to cool on private equity

Fears grow that rising competition for assets will hurt returns

6 major wealth funds agree to encourage greener economy

The document is to be formally presented during a meeting in Paris of the heads of the funds with French President Emmanuel Macron and Norwegian Prime Minister Erna Solberg.

Dubai's Emirates NBD raised around $52mln for Saudi equity fund: officials

The bank's asset management arm has set a target of $100 million for its Saudi equity fund to be achieved by the end of 2018

Properties' Prices Keep Falling in Dubai

Sales prices too dropped but the decreases were modest in H1 2018.

Asset managers fear technology-driven new entrants - RESEARCH

Nearly Two-Thirds of Asset Managers Plan to Launch Cross-Border Products

Research, Comment and Analysis