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

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.

M7 Real Estate acquires UK assets for Middle Eastern sovereign wealth investor

M7 said the acquisition complete the acquisition period for the UK element of the mandate.

Emaar hires banks ahead of potential sukuk issuance

Emaar Properties said to plan to issue 10-year sukuk after meeting investors in Asia and London

Demand for affordable properties in Dubai rises year on year, reveals property finder

Dubai has traditionally been perceived as a hub for luxury properties

Investment funds laying ground to attract more investors

Investment funds have gained high popularity among the investors over the past two decades.

Markaz: GCC markets feel the impact of trade war

Kuwait Financial Centre "Markaz" recently released its Monthly Markets Review report. Markaz report stated that GCC markets ended the month of August in negative territory, affected by the weakening of oil prices amidst growing concerns surround

Doha Bank signs new investment management agreement for its QETF

The QETF was the first listed ETF in Qatar (listing date March 5, 2018) and has already distributed two cash dividends as well as completed a stock split.

Race for crypto hub supremacy: Bank-driven coordination or financial free zones?

The achievement caps a three-year quest by the Central Bank to put Bahrain on the cryptocurrency map.

ADX index nearly flat after FAB gains

Index inches 0.04% lower after jumping 2.7% on Tuesday

Portfolio investments to dominate inflows into Saudi

Lower sensitivity to global markets makes Saudi assets attractive

MENA fund managers to boost Egypt, UAE investments, still bearish on Saudi: Reuters poll

Analysts expect this trend to continue.

Ras Al Khaimah launches UAE's first business package for female enterpreneurs

Ras Al Khaimah Economic Zone reveals the Businesswomen Package, a first-of-its-kind product in the UAE designed exclusively for women

More Saudis investing in Dubai real estate, says developer Azizi

Azizi Developments has recorded an 8% increase in sales to investors from Saudi Arabia this year compared to 2018

Qatar’s reserve grew 18.8% in July

Qatar’s reserve assets consist of gold, balances with foreign banks, foreign bonds and treasury bills, IMF SDR deposits and other foreign currency liquid assets.

UAB finances 100% of Emirati citizens housing with repayment period up to 25 years

Al Yusr program is one of MBRHE's initiatives aiming to provide financial options for UAE national beneficiaries to obtain MBRHE-owned ready properties via partner banks

Equitativa looking at deploying funds in real estate acquisitions for Emirates REIT

Emirates REIT witnessed an increase of 9.1% in its net property income for the first half of this year

Alternative Investments