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

Stronger cash generation bolsters liquidity and credit metrics of Dubai developers

Emaar Development’s net profit for the first nine months of the year touched Dhs4.1bn ($1.1bn)

Current revenue by the end of the 3rd quarter of 2023 slightly increased

The group’s assets edged up by 3.3 per cent to reach Dhs235.6bn, compared to Dhs228bn a year earlier

The IPO pipeline for Q4 2023 and into 2024 remains 'promising'

The SPAC raised Dhs1.1bn of growth capital, including Dhs734m from the previously announced PIPE transaction

Its holding in Monument rises to 16.93% as DI doubles down in financial services space

Property owners nearing end of their fixed-term rates should think of switching

Villa rentals outpaced apartments in terms of growth

He also expected an increase in the rate of transactions in the fourth quarter of this year

The week and only two sessions before the monthly closings.

The World Gold Council’s Q3 Gold Demand Trends report reveals

PIF makes two major announcements to support Saudi Arabia’s asset management industry at its inaugural Asset Management Forum at FII7

The unprecedented investor interest in this IPO further strengthens our strong track record in the investment banking business.

Saudi fund to offer investors direct investment opportunities in the kingdom

The meeting discussed the array of opportunities available for global investors and international companies within the UAE

The subscription will be open from November 2 to November 9

Applications from Algeria, Ghana, Kenya, Morocco also on the increase

The elements of real estate attraction in Sharjah are witnessing an integrated diversity

The company has priced each share at Dh1.4 and will raise Dh1.18 billion through the share sale