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

Deyaar profits rise, sees Dubai property demand growing

Deyaar recently handed over its Bella Rose development in Dubai Science Park.

Saudi's SABIC to distribute $1.2bln in H2 2020 dividends

Eligible shares will be entitled to a dividend of SR1.5 per share

Six selectors reveal popular fund products in Middle East

Clients will have to prepare to stomach higher volatility, but we think that’s the only way to future proof their portfolios and brace for lower returns to come.

Franklin Templeton celebrates 20 years in the Middle East

The organisation opened its first office in Abu Dhabi in the Middle East in 2000

Egypt Sovereign Fund puts Tahrir Complex development into motion

Diversifying uses of Tahrir building will ensure bringing in non-stop returns, whether from hotel or commercial units: Fund’s CEO

Dubai’s Alabbar to lead new digital-only UAE bank

Online banking has become increasingly popular in the UAE, especially as a result of restrictions as a result of the pandemic

How investors' confidence has been renewed as coronavirus recovery continues

Investors are increasingly seeking opportunities in emerging markets, healthcare, tech, green industrial sectors in the wake of the pandemic

Lenders push Saudi index down

Other GCC markets traded higher ahead of first-quarter results

Lootah Global Capital and Heritage Amanah International to advice on Indonesian tech company's Gulf IPO

The companies agreed to explore opportunities between Mena and South East Asia following the UAE's investment in Indonesia's sovereign wealth fund

Dubai FDI and CIG Group partner to boost investment in the UAE

The strategic alliance will promote cross-border business and investment opportunities

Emaar Properties highlights resilient performance at its 25th annual general meeting

The dividend distribution proposal from the Board of Directors representing 10 per cent of the share capital was approved at the AGM, confirming Emaar's keenness to ensure added value for its shareholders

Middle East and Africa M&A activity jumps 52% in Q1 2021

M&A targeting the region reached $32.7bn across 110 deals, up from $21.5bn in 85 deals in the first quarter of 2020

Investments get ‘real’ as inflation fears dim appeal of bonds

“The reversal of bond yields this year is the game changer for the 60-40 portfolio,”

Startups in UAE, Saudi, Egypt raised $170mln in Q1

UAE topped with $130mln invested in 11 startups, says Wamda

The Saudi Stock Exchange (Tadawul) Announces Its Transformation into A Holding Company (Saudi Tadawul Group) In Preparation for IPO

This transformation establishes the necessary platform to realize the Group's strategic objectives and strengthen its infrastructure ahead of the IPO this year (2021)

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