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

UAE to create 25,000 jobs in vital sectors over next five years

Under the bank's strategy, more than 13,500 SMEs will be financed

UAE ranked in top 20 in 8 indexes related to climate change, environment: FCSC

The statistics also pointed out that the UAE has continued reinforcing its stature in global competitiveness in the area of climate change and the environment

GCC economies, businesses must prepare for 'Golden Age' of investments: Shuaa's Jassim Alseddiqi

Pent up demand post-pandemic will re-open opportunities for smart investments

UAE launches Dh30 billion programme to stimulate vital sectors

Emirates Development to lead Dh30b funding, says Sheikh Mohammed bin Rashid Al Maktoum

Abu Dhabi's Al Hail Holding completes buy of Allied Investment Partners

Allied sees new board of directors come in, will launch new products this quarter

UAE: Sheikh Mohammed launches Dh30 billion initiative to boost economy

The Dubai Ruler invited one and all to pursue their dreams in the country of the future.

Emirates Development Bank to allocate $8 billion for vital companies

The target is to fund 13,500 new companies

Saudi Arabia, Iraq to establish a $3bln joint fund -joint statement

The joint fund will be for the benefit of the Saudi and Iraqi economies

Saudi Arabia's banking sector is ripe for further consolidation

Fintechs could further squeeze an already tight sector.

CBO launches 67th issue of government development bonds

Noteworthy, investors may apply for these bonds through the competitive bidding process only and may submit bids through commercial licensed banks operating in Oman.

KIP Index, the first Arab MENA sector-based measure of women-inclusive policies

KIP Index: Women in Arab MENA region want to work and may have some chances at getting recruited, but are neither retained nor promoted to the same degree

Dubai’s Damac posts Dhs1bn 2020 loss; head says market recovery may take up to 2 years

The developer posted Dhs4.7bn in total revenues for 2020

Morgan Stanley opens Saudi Equity Fund to foreign investors

The fund aims to provide long-term capital appreciation and growth by investing in securities listed on the Saudi Stock Exchange

Bahrain's real estate sector rebounds; $1.9bln transactions recorded in 2020

Real estate deals rose by 14% and 20% in third and fourth quarters of 2020 respectively

GCC’s consulting market shrinks 12.4% in 2020

The GCC consulting market is now worth around $2.7bn

Dubai’s biggest bank to raise $1.75bn in Gulf’s first ‘sustainable loan’

Under this kind of structure, companies pay less if they hit specific goals or more if they miss targets.

Foreign investors key to Arab market’s recovery

Saudis are keen to open up the country and integrate it with the rest of the world.

Tata Group sets sights on KSA expansion with new luxury hotel

Tata has had a MENA presence for more than 50 years

UAE shares lead GCC markets, boosted by Julphar, reopening of Suez Canal

Abu Dhabi Securities Exchange gained for the second consecutive day, rising 1.17 per cent, while Dubai Financial Market rose 2.1 per cent

Dubai to build one of world's largest 'energy-from-waste' plants, to cost Dh4b

Facility to process up to 45% of Dubai's municipal waste generation

Alternative Investments