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

Middle East M&A deals buck downward global trend

Saudi Arabia a focus of M&A transactions

$240m investment vehicle eying Nasdaq IPO targets Saudi investors

Dubai’s Arrow Capital has teamed up with Silicon Valley’s Tribe Capital for a tech listing

Caliber Consulting kicks off 2021 with three new projects

Responding to the unprecedented change unleashed by the Covid-19 pandemic, the company launched a major business transformation to re-align its strategy and operating model.

Standard Chartered: We’ve partnered with BlackRock’s Aladdin platform

Standard Chartered can now offer a consistent and coherent front-to-back experience through BlackRock’s Aladdin Provider Network

KFH Launches "It's Worth Transferring your Salary" Campaign

A plethora of offers & discounts to customers

Remote working will demand bigger units and more flexible leases in UAE says report

Overall sales prices and rents contracted last year but the broker also noted a rise in rents and villa sales prices

Saudi wealth fund PIF to support corporate credit growth, S&P says

The fund plans to inject at least $40bl annually in the local economy until 2025

Bank Muscat hires banks for dollar 5-year bonds - document

Bank Muscat has hired a group of international and regional banks to arrange an issuance of U.S. dollar-denominated five-year bonds

Barwa eyes development of land stock to boost revenues in 2021

As the impact of the Covid 19 pandemic continues to take its toll on the global economy during the year 2021

Saudi banks’ assets surge to $738bln in 2020

The assets of 11 Tadawul-listed lenders increased by 13.1% on an annual basis in 2020

Dubai's Damac Properties to raise stake in overseas subsidiary to 45% from 20%

Damac halted new offplan launches in Dubai, and sees foreign markets for sales boost

DGCX Honours International Women’s Day with Bell Ringing for Gender Equality

The 2021 theme is “Women in leadership, achieving an equal future in a COVID- 19 world”.

Damac Properties increases stake in international unit developing London Nine Elms

The UK Nationwide house price index rose 0.7 percent in February compared to the previous month.

Saudi Arabia's Monshaat launches SME Bank

Small and Medium Enterprises Bank aims to bridge the financing gap for the Kingdom’s small business owners

National Bank of Umm Al Qaiwain seems to have seen off worst of COVID-19 impact

Any bounce back in economic activity will sit pretty on their near-term bottom-line

UAE firm picks Paris to sign biggest ever real estate deal

Gulf Islamic Investments will pay $301m for Altais Towers in its first acquisition in the French capital

Dubai risks driving out stock investors as top firms delist

As well as depriving investors of exposure to one of the emirate’s strongest sectors, removing a $6.3bn company from the DFM exchange may simply drive away would-be buyers, both big and small, from future offerings.

Egypt meets 100 foreign firms operating in country to encourage investment

Many of the firms attending the meeting announced plans to inject finance into the Egyptian economy

Sabbour Consulting wins bid for development in Upper Egypt

“The contract with Sabbour Consulting comes with the aim of achieving the goals that the company aspires to, in creating a unique and distinctive real estate product of civilised and social value, one that contributes positively and effectively in d

Dubai-listed Emaar Properties and Emaar Malls announce merger plans

As part of the transaction, the existing business of Emaar Malls will be reconstituted in a wholly owned subsidiary of Emaar Properties

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