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

Real estate VAT exemption in Saudi Arabia boosted 2020 market activity

The residential market witnessed a 1.6% increase in Riyadh apartment-sale prices, a 2% decrease in Jeddah prices, and a 0.8% rise in Dammam

Renewables to attract $11 trillion spend by 2050, says report

Bloomberg NEF report said there was a need for a significant increase in the number of renewable energy projects

Here's why 24 gram gold bars are proving popular with UAE shoppers this DSF

Despite $1,830+ levels, buyers believe this is still the right time to pick up more

Perella Weinberg Bankers Break to Form New Boutique in Gulf

Tarek Anabtawi and Jameel Akhrass set up Resonance Capital

The Future is Looking Brighter for the UAE

This reform means that UAE onshore companies will soon be able to be wholly owned by foreign shareholders.

Head of Saudi wealth fund 'worried' by increasing power of large tech firms

Yasir Al-Rumayyan told the Future Investment Initiative in Riyadh he was also concerned about the disconnect between 'the real economy and financial markets'

Saudi fintech startup secures $1.2m seed funding

The Kingdom has proved to be a fruitful market for investment in startups

Saudi Arabia raises $5.5bln via dual-tranche bonds

The world's top oil exporter has taken a severe blow from the pandemic

Riyadh investment forum sends ‘message of optimism’ with global linkup

FII embraces unique high-tech format in bid to reinvent global economy

Egypt using development finance to boost private sector: minister

Egypt has a development finance portfolio of nearly $25 billion, attracting $9.9 billion in 2020

Saudi Arabia returns to dollar-debt market to boost finances

GCC region is seeing the busiest start to the year since 2019 for bond sales

Middle East's top engineering and construction consulting firms

More than 170 nominations were received by consultancies and their clients, with a select group of 25 winners announced during a corona-proof ceremony on 20 January, 2021 at the Ritz Carlton JBR in Dubai.

Doha ranked second safest city in world

Doha scored a total of 12.04 points in crime index, being the second lowest scorer of the points starting from zero to hundred points.

UAE's ADFD finances 90 renewable energy projects worth $1.3bln over a decade

Projects benefited 65 countries by supporting their economies and improving the quality of life

Bahrain will likely need further Gulf financial support

In 2018, Saudi Arabia, the United Arab Emirates and Kuwait came to Bahrain’s aid with a five-year zero-interest $10.25 billion package to help it avoid a credit crunch.

EFG Hermes Securities Brokerage Strengthens Presence in Sub-Saharan Africa

The success of the EFG Hermes Frontier team this year has allowed the division to garner several accolades, including being named the top Frontier Research House on the Institutional Investor 2020 poll for the third consecutive year, with key analysts ran

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