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

Emirates NBD collaborates with DMCC to boost Dubai diamond industry finance

DMCC enters the agreement to offer strategic advice and help promote Emirates NBD’s financial products to UAE diamantaires

Greater unity and collaboration needed to tackle global challenges, latest Expo 2020 global survey shows

International cooperation crucial to solving global challenges, nine out of 10 say

'Challenging' real estate market conditions put pressure on Emirates NBD REIT's net asset value

Investment trust posts decline in NAV, says further recovery is subdued

Mubasher Capital targets EGX listing within 3 years: Vice Chairperson

The company targeted new types of funds

Dubai among the top 3 cities to record the highest levels of rental growth in 2021

Miami, Moscow, and Dubai recorded the highest levels of rental growth over the first half of 2021

Dubai Industrial City, EDB sign agreement

The agreement also aligns with EDB’s continuous efforts to enable the industrial transformation and economic diversification agenda in the UAE, build a knowledge-based economy, increase global competitiveness and sustainable growth, and support star

Mubadala Capital Closes Private Equity Fund III at $1.6 Billion

Led by Adib Mattar, Head of Private Equity, Mubadala Capital manages c. $9 billion of assets in third-party managed funds across its private equity, public equities, venture capital and Brazil businesses, and is the first sovereign wealth fund to manage t

QBIC opens applications for 15th wave of its LSP

The most successful program of its kind in Qatar, QBIC’s LSP leverages the “lean startup” methodology.

Emirates set to re-establish employee benefits and increase salaries amidst gradual aviation sector recovery

Reversal of cuts introduced during coronavirus pandemic comes as the Dubai-based carrier's CEO sees 'an increasingly clear path to recovery opening up'

Dubai records thumping $193mln worth property transactions on August 18

The sales covered 194 units, 31 buildings, and 58 land plots, while the mortgages included 20 units, 5 buildings and 23 land plots

Mubadala Capital Closes Private Equity Fund III with Total Commitments of $1.6 billion

Fund III surpassed its $1.5 billion target, raising capital from institutional investors globally

EBRD, donors and QNB ALAHLI boost green investments in Egypt

The EU will also provide a comprehensive technical assistance package of up to €6.2 million for all participating financial institutions and their clients, as well as for policy dialogue.

British marketing consultancy SaturnFive launches in Dubai

SaturnFive Consulting is now bringing this track record to the Middle East, with the aim of nestling itself in a crowded market.

Dubai's prime property values mark fastest growth since 2016

Savills said prime property values are growing at their fastest rate since 2016

SNB Capital and BNY Mellon begin delivering global securities services in Saudi Arabia

The alliance is the first of its kind to bring together SNB Capital’s local market leadership in the adoption of recent technological and regulatory developments

World’s biggest Hampton by Hilton opens in UAE’s Marjan Island

The 515-key Hampton by Hilton Marjan Island in Ras Al Khaimah has a development value of Dhs450m

Qatar's 'strong growth rebound' seen on growing Asian LNG demand: World Bank

The Covid-19 pandemic and the decline in global oil demand and prices dealt the GCC countries a health crisis and a commodity market shock causing a GDP contraction 4.8% in 2020.

Abu Dhabi's Waha Capital secures $500mln revolving credit facility

Upsized facility will add to working capital

Saudi Aramco Energy Ventures helps heat transfer fluid specialist raise $5.9mln

HT Materials Science produces heat transfer fluid additives which, when added to water and glycol heating and cooling systems, yield substantial improvements in energy use

Savills World Cities Prime Index: Capital values

Dubai witnesses a 4.2% increase in capital value growth over the first half of 2021

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