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

Bahrain's Investcorp launches its own fintech platform

Investcorp iPartners sees possibilities in going after ultra-wealthy investors

Investcorp launches iPartners

Investcorp iPartners was developed in collaboration with iCapital Network, the leading financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries.

Bahrain's real estate bounces back in 2020 with $1.9bn deals

The positive results attained in the second half were the fruitful outcome of the measures taken by the government to support the economic activities, in general, and the real estate sector, in particular, stated Shaikh Salman.

Navigating UAE employment risks in a post-Covid world

Reports emerged at the end of 2020 of a new strain of coronavirus, VU202012/01, originating in the UK, which appears to be up to 70% more transmissible than previous strains.

Dubai prime house market records $8.03bln deals in 2020

The top three areas in terms of sales volume were MBR City, Downtown Dubai, and Palm Jumeirah

Bahrain-GCC trade hit $5.7bln in 2020 despite COVID-19 restrictions

Bahrain exports surge 12 per cent in final quarter of 2020 buoyed by thriving manufacturing sector

Looking for the best investment option? Oman REIT Fund could be the best bet

The fund is also attractive as Oman’s economic diversification efforts are expected to bring in positive results and the real estate sector’s contribution to national GDP is set to rise considerably.

Israel's tech sector awaits UAE investment bonanza

Both dollar flows and deals shot up into record territory despite pandemic

GCC reconciliation reopens Qatar’s access to major sukuk investor base: Refinitiv

Total sukuk issuances worldwide set a new record during 2020, reaching a total of $172.1bn, compared to $169.1bn issued in 2019, according to Refinitiv.

Abu Dhabi's Masdar enters alliance to tap renewable energy projects in Israel

Along with EDF, Masdar will take on existing or new projects in new market

Abu Dhabi Fund completes Dh117m worth of renewable projects in Caribbean

Five countries, including Cuba, were able to tap these funds for energy switch

Industry Pitfalls: How to tackle potential hurdles in your business

Over the last few years, the Middle Eastern region has transformed into a business hub for small and medium-sized enterprises.

Masdar and EDF Renewables to explore renewable energy opportunities in Israel

Masdar and EDF Renewables Israel will look to collaborate on existing renewable energy projects, and projects under development, while also exploring joint participation in new programs announced by the government of Israel

Egypt signs 5 contracts for gold exploration with investments of $13 million

The minister explained that the signing of the first gold exploration contracts represents an actual translation of amendments to the legislation and regulations of mining investment

Most Gulf markets end higher with Dubai leading gains

Property stocks also drove gains, with blue chip developer Emaar Properties ending 1 percent higher.

Saudi Arabia closes January domestic sukuk issuance worth $790m

The issue size was set at SR2.96 billion ($790 million)

Egypt expected to restore pre-pandemic real GDP growth at 5.5% during FY2020/21

'Egypt’s economy continues to be praised by international financial institutions amid the COVID-19 crisis based on its positive indices that mirror its resilience against internal and external shocks' said Finance Minister Maait

Even 12-month rent-frees are on offer for office rentals in Dubai

Landlords willing to do so on longer term contracts even as more space hits market

UAE telecom giants Etisalat, Du increase foreign ownership limit to 49%

Shares of Etisalat and Du jumped more than 14% following the announcement to consider lifting foreign ownership limit

ENBD marks listing of $750m bond at Nasdaq Dubai

Demand was global with 49% of appetite coming from Asia, 35% from Europe, 11% from MENA and 5% from the US and elsewhere.

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