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

GCC citizens top the admissions record registration rates

Listed groups gain further reductions in MA judicial studies tuition fees

Berkeley assets makes private equity accessible

Individuals can place capital with Berkeley Assets into projects alongside institutional funds, which includes the likes of pension funds, family offices, hedge funds & UHNWI's

UAE residents still aren't benefiting from lower rents

Villa rents also fell in several key areas of Dubai, including The Meadows (down 18.1% year on year in the first half) and Al Furjan (down 7.8% year on year)

DFM and its listed companies in the limelight at HSBC's Global Emerging Markets Investor Forum in London

H.E. Essa Kazim: "Roadshow's outstanding success underlines investors' confidence in Dubai's business environment"

UAE's Shuaa Capital to sell non-core businesses to IHC subsidiary

Sale is part of the strategy of the combined entity to exit non-core businesses

Stakeholders expect Ruler's new initiative to balance market, boost economy

Industry reacts to Sheikh Mohammed's announcement of a higher committee to fix oversupply

Bahrain tops region for expat living

Despite Bahrain losing ground in terms of working abroad and family life, expats are still generally happy

Angola President invites Qatari businesspersons to invest in his country

Regarding areas of investment in his country, he said that there are many opportunities in many sectors especially in tourism, infrastructure, ports, industry and many sectors.

Trade Bank of Iraq to launch investment fund

The fund launch follows the bank’s stated aim in July to expand its presence in the Gulf and to widen its revenue streams by growing its asset management business.

Allied investment partners is set to invest more than AED 5 billion over the next four years

AIP currently offers various investment solutions to Institutional Clients, High Net Worth Individuals and Family Offices, including Asset Management, Wealth Management, Advisory, Custody, Research, and Alternative Investments.

Dubai ruler commits to investing in UAE's younger generation

Sheikh Mohammed says UAE goals can only be achieved 'through the minds and efforts of the country's children'

Dubai GDP to grow 2.5% per year thanks to Expo 2020 – S&P forecast

These predictions are higher than previous government projections.

Adnoc closes pipeline infrastructure investment with Singapore’s sovereign wealth fund

Combined investment in select oil pipeline infrastructure in UAE’s Adnoc hits $4.9b

BlackRock opens Saudi office in Riyadh

New York-based company is world's largest asset manager

Alkhabeer Capital increases capital by 10 per cent

The increase will add 8.1 million shares, bringing the total number of shares to 89.4 million, the new shares will be distributed as stock dividends to current shareholders of the company.

Major Japanese lender JBIC to open Istanbul office

We have completed our preparations for the Istanbul office and set up our team

Gulf bonds enjoy best month despite oil slump

The bonds returned 3.5 per cent in August, a sizable gain when compared to an almost flat month for dollar securities across developing nations.

Leading the Egyptian market

Mohamed Mahmoud Ahmed Eletreby, Chairman of Banque Misr, speaks to Banker Middle East about the bank’s performance over the past year, his plans for the Egyptian market and where he sees international expansion.

The group’s current investments stood at nearly $18bln at the end of June 2019

The dual-listed group has opened a branch in Morocco two years ago due to the increasing demand for the Islamic banking services, Yousif said.

The Arab professionals ushering in a new energy era in the Middle East

OPEC-backed internship aims to build a cadre of young Arab energy professionals