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

Ascott partners with Qatar Investment Authority for new Sydney property

Ascott enjoys deep presence in many key gateway cities, across various lodging segments, from serviced residences, hotels, co-living apartments to leasing apartments.

11% rise in foreign investment in Qatar

The survey was based on data from major Qatari private sector companies and some state-owned companies.

ESG investing on the rise: two thirds of Middle East sovereign wealth funds now have a top down ESG policy

67% of sovereigns in the Middle East now incorporate a top down ESG approach

Dubai attracts Dhs46.6b in FDIs during H1 2019

During the first half of 2019, Dubai has continued to progress in global rankings of the most attractive cities for FDI, ranking third in the world in attracting FDI, in terms of both capital flows and the number of greenfield projects.

Regional investor relations professionals recognized

The event recognized the achievements of winners in three main categories including the best IR teams, annual reports and IR websites in the Middle East.

Advantage Arada: Sharjah developer to deliver mega project in 2020; eyes Saudi expansion

Aljada has been billed as the largest mixed-use development in Sharjah

Azizi Developments bullish on the property market as it eyes expansion

The Dubai developer plans to start projects in Saudi Arabia, North America and Europe as well as other emirates in the UAE

Fitch warns of Dubai debt held by banks

Property prices in Dubai, the country’s tourist and financial services hub, have fallen 27 percent since a five-year peak in October 2014.

Portuguese developer targets GCC with investor-friendly, tax-efficient luxury real estate proposition

Middle East roadshow to showcase Monte Rei's million-dollar state-of-the-art homes as well as the award-winning Jack Nicklaus signature golf course and country club

10 reasons why UAE is the region's fastest growing e-commerce market

Growth in e-commerce comes as digital becomes the future in the UAE

Aramco demands one-billion-dollar loan days after Houthis’ attack

Saudi Aramco has mandated nine banks to take on leading roles in its initial public offering, the sources said.

Abu Dhabi’s TAQA to raise $500mln in 30-year bonds

TAQA has hired BNP Paribas, First Abu Dhabi Bank, JPMorgan, MUFG, Société Générale and Standard Chartered Bank to arrange the dealTAQA has hired BNP Paribas, First Abu Dhabi Bank, JPMorgan, MUFG, Société Gé

Adnoc Drilling completes first offshore IDS well

The new offshore well, which was completed ahead of schedule and within budget, was delivered to Adnoc Offshore.

Savills reveals over 60% growth in outbound investment from Middle East

As capital flows across borders, London has traditionally held the top spot as the most popular city for global investors, keen to take advantage of currency exchange rates.

HSBC sees rising investments from Middle Eastern investors in Asian equities

Asian markets offer investors opportunities to deploy 'big amounts of money', HSBC's head of Asian and Indian equities says

Fitch Rates Bahrain's New Sukuk Programme 'BB-'

The rating is in line with Bahrain's Long-Term Foreign-Currency Issuer Default Rating, which we affirmed at 'BB-' with a Stable Outlook in February 2019.

Abu Dhabi mandates banks for 5, 10, 30-year U.S. dollar bonds-document

Reuters had reported earlier this month that Abu Dhabi plans to issue U.S. dollar-denominated bonds this year, citing sources, its first since 2017 as the oil-rich emirate seeks to take advantage of low rates to offset the impact of volatile oil prices.

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