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

Currency in circulation outside UAE banks tops $18bn

The first quarter of 2017 saw the largest circulation of cash outside banks, which increased by the end of March to Dh65.4 billion against Dh62.3 billion in December 2016.

Mideast inbound M&A hits 10-year high at $9.8bn

Equity capital markets fees increased 118 per cent to $91.3 million

Top sovereign wealth funds in town to explore investment opportunities

The investments made through the SWFs are effectively a way for those countries to diversify and become less reliant on a single stream of income.

Lack of local tourism options drives spending on short vacations abroad

Report calls for immediate activation of local tourism

S&P report sees financial stability in Gulf, except for Qatar

Mohamed Damak, credit analyst at S&P Global Ratings in Dubai noted that banks’ “liquidity improved in 2017, and we do not foresee a major change in 2018.”

Equities to continue outperforming bonds throughout 2018

The latest edition of the Compass Research Report kept an overweight position in Developed Markets Equities.

Abu Dhabi-Owned Falcon Private Bank Embraces Crypto Assets

It also installed a Bitcoin ATM in the lobby of its headquarters in Zurich.

Qatar needs to develop regulatory framework to cement Islamic finance lead: QFC

On developing a responsible finance regulatory framework to attract regional funds, it said such a strategy includes development and promotion of green bonds and sukuk.

Saudi Arabia Considers Adding to $10 Billion Loan

Government in said in talks with banks on existing, new deals

Much to Look Forward To by Gary Dugan

As the financial markets open their account in a new year, there is much to look forward to.

Private equity industry need to keep up with digitisation: PwC study

More than 80 per cent of PE houses believe that digitisation is critical for making their portfolio companies ‘future ready’

Kushner’s Financial Ties to Israel Deepen Even With Mideast Diplomatic Role

The deal, which was not made public, pumped significant new equity into 10 Maryland apartment complexes controlled by Mr. Kushner’s firm.

Want to become rich in UAE? Stop making these mistakes

Here are five money habits you must break in order to have a financially prosperous future.

AAM 2017 Fund Manager Survey results now available

Asia Asset Management has completed its 2017 Annual Fund Manager Survey.

1,705 Kuwaiti firms registered at Dubai's Chamber, says KBC

The Central Bank of Kuwait's new Headquarters in Sharq was opened in April 2017.

Will Salaries In The U.A.E. Increase in 2018?

The government sector employees too might not see a pay hike this year.

Crucial Kerala diaspora study begins, as Gulf no longer what it was

The study aims to not only analyse not the present trends in migration but also the medium and long-term consequences of important developments

Wealthy Middle Eastern investors continue to spend their millions on London properties

London is still the number one destination for Middle Eastern investors looking to expand their portfolio

Middle East debt markets roll with the punches

The Middle East faces a very tricky, even dangerous, 2018

Warning Over Iran Wealth Fund Exodus

Among these is the $200 million earmarked for knowledge-based companies and innovative businesses.

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