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

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

Kuwait Airways to spend about $2.5 billion on 28 new aircraft

The batch of aircraft will include 15 of the A320neo jets at $60 million each, eight A330-800 aircraft at $100 million each and five A350-900 planes, each priced between $130 million and $150 million, Alsaquer further noted.

Dubai's biggest bank woos foreign investors

First Abu Dhabi Bank PJSC, the biggest bank in the United Arab Emirates, proposed removing the limit after raising it to 40 per cent in February.

Why Investors Are Turning To Private Markets

The traditional response has been a balanced portfolio of equities and bonds, in the hope that these assets won’t decline together.