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

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)

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.

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