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

Abu Dhabi sells $5bn bonds with first 50-year note for a Gulf nation

The bond issue was nearly five times oversubscribed and the three-year note was priced at the lowest rate for a Gulf sovereign

German corporate sector increasingly looking at investment opportunities in Qatar, says envoy

Qatar and Germany should jointly work on this kind of Green projects, developing a technological edge and competitive advantage

Saudi shares lead Gulf markets higher as slowdown eases

The Tadawul is the largest stock exchange in the Gulf

Gulf investor with $540m in cash says M&A spree not over

IHC shares have soared more than 500% in 2020, giving the company a market capitalisation of about $19bn

Doha Bank Assurance Company rebranded as Sharq Insurance

Highlighting that the rebranding has been designed to align its insurance products under one recognisable brand

Doha Bank Assurance Company rebranded as Sharq Insurance

As Sharq Insurance continues to grow and expand, this new name would more accurately reflect the expanding and product offerings, while maintaining current image of providing top-quality insurance products and accompanying services.

GE Healthcare experts on how tech can reshape healthcare

Walking through examples of how rapidly growing eHealth opportunities and digital tools have helped institutions and doctors and medics globally with meeting heightened demand for patient support.

Easing of restrictions to support revival of banking sector in the region: Kamco Invest

Although lockdowns are being re-implemented in several cities globally, Kamco Invest believes that resumption in the GCC would be gradual given the current slowdown in new cases.

Boursa Kuwait announces the listing of "KFH Capital REIT"

First Real Estate Investment Trust to be listed on Boursa Kuwait

Dubai to come back to debt market with 10-yr sukuk, 30-yr bonds

The new issuance could bolster the finances of the Middle East trade, finance and tourism hub, which has been hit hard by the coronavirus crisis this year.

UAE Property Deals Lure Israeli Investors

Matthew Bortnick, associate director at Tel Aviv-based Beauchamp Estates, said Israeli investors are keen to make forays into the UAE property market.

QSE declines by more than 77 points as Gulf funds square off their position

A total of 38,830 exchange traded funds (both QATR and QETF) valued at QR133,484 changed hands across eight transactions; while in the debt market, there was no trading of sovereign bonds and treasury bills.

UAE banks' investments in debt securities hit $72bln in June

The banks' investments in stocks were lowered by 15.4%

Bupa Investments raises stake in Saudi's Bupa Arabia for $134mln

Nazer Group to remain 'long-term shareholder'

Dubai plans comeback to international debt markets

The planned deals will be of benchmark size, which generally means upwards of $500 million, as part of a $6 billion sukuk issuance programme and of a $5bn bond issuance programme.

Waha Capital initiates fresh income generating Islamic fund

The fund is to be open-ended, and is expected to have a capacity in excess of $500 million.

Bahrain starts preparing its second bond sale this year - sources

One of the sources said the deal may include both conventional and Islamic bonds

ENBD Reit posts $215mln in Q1 NAV

Company maintains healthy blended portfolio occupancy

UAE unveils future energy, infrastructure roadmap

The UAE was also ranked first regionally and 12th globally in terms of the quality of infrastructure, and was ranked first regionally and 7th globally in terms of the availability and quality of road and transport infrastructure.

Sovereign wealth funds stampede into stocks outside the U.S.

We have seen more direct investments in public markets and this was partly skewed by large investments Saudi Arabia's PIF has made in U.S. equity markets in Q1

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