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

Egypt secures $7.308bn in financing over 2020: Al-Mashat

Ministry committed to charting course of development financing to accelerate progress of SDGs

FAB awarded global custody mandate for Shuaa Capital

Shuaa funds platform is expected to be the largest of its kind to be domiciled in ADGM

Louis Dreyfus to gain first outside investor via deal with Abu Dhabi's ADQ

The deal also includes a long-term supply agreement to sell agricultural commodities to the United Arab Emirates, the companies said.

International Investor Magazine announces its final round of business award winners for 2020

Our readers have selected organisations that are bringing better ways of doing business to the investment community.

Expo 2020 Dubai: Top official reveals new timetable for global event

COVID-19 caused event to be postponed seven days before first test event in March

QBIC launches 2nd wave of Lean Manufacturing Programme

The LMP modules, which also include customer validation, product prototyping, marketing and sales strategy, factory design, and machinery mapping, will be delivered virtually through weekly interactive workshops and training sessions.

UAE's ADNOC, ADQ launch TA'ZIZ JV to drive growth and investments

Potential anchor chemicals projects selected as part of $5bln phase one investment

Real estate trends: Dubai's home sales fall; decline in property prices slows down

Pace of decline in capital values slows down

Qatar puts up 'for sale' sign with new property visas

The reforms could also help soak up an oversupply of units, which has left gleaming towers half-empty and seen prices drop by almost a third since 2016, according to consultancy ValuStrat's Price Index for residential property.

EBRD, EU and partners boost green finance in Egypt

Working with the EBRD’s local partner banks, two programmes cumulatively worth €220 million will offer sub-loans to businesses for green investments in energy, water and resource-efficient solutions.

The next steps for Saudi Arabia's sovereign Public Investment Fund

Public Investment Fund is one of the rarer types of sovereign wealth funds, typically described as a strategic development sovereign wealth fund.

Dubai's private sector output slips to a five-month low in October, IHS Markit finds

Construction activity dips, as did demand in travel and tourism

Saudi Aljazira Takaful reports 14% profit decline in Q3

The insurer's quarterly profits stood at $2.10mln

Praemium doubles down on Dubai

Really important to have boots on the ground, says chief operating officer

Oliver Elirani and April Lincoln launch consulting firm Ollen Group

The company is aiming to support clients across a diverse range of sectors, from agribusiness, hospitality, consumer goods and travel retail, to public sector, healthcare and technology.

Mubadala Leads $700 Million Funding for US Start-Up

Mubadala, manages $232 billion in assets and focuses on sectors such as medical technology, agricultural technology, artificial intelligence and life sciences.

Egypt expects 3.3% economic growth in 2020/21 fiscal year

Egypt lost 220 billion Egyptian pounds ($14 billion) in revenue in the final quarter of the 2019/20 financial year after the country was hit by the coronavirus pandemic, Maait said.

Kuwait bourse gains in early trade, other Gulf markets firm

Saudi Arabia's benchmark index gained 0.9%, buoyed by a 0.7% rise in Al Rajhi Bank and a 1.3% increase in petrochemical firm Saudi Basic Industries.

UAE stays senators’ favourite spot for investment

He holds assets valued at Rs167.11m outside Pakistan — all in the UAE where he owns four properties.

Hub71 gathers tech leaders for new ‘Abu Dhabi Decoded’

The engaging discussion, aimed at international startups and investors, will also cover Abu Dhabi’s robust legal system and enabling licensing regime, designed to suit global tech startups and digitally focused businesses seeking to relocate to the

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