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

UAE on track to become the Monaco of the Middle East

With its safety, tolerance and upgraded residency rules, high net worth investors are heading to the Emirates for a better quality of life

Qatar Plans to Support Lebanon with $500 Million Bond Purchase

Qatar’s bond investment won’t be a game changer for Lebanon

Saudi Arabia to hire HSBC banker to lead $11bn privatisation plans

Lebanon’s factional politics has led to years of policy paralysis and obstructed reforms needed to boost investor confidence.

Egypt becomes largest country of EBRD operations in 2018

Another major project was a €148m loan to reduce extreme pollution levels for the six million people living in the Kitchener Drain area of the Nile Delta.

GCC Equities Review: Valuation gains made in 2018 but trading volumes remain thin

Qatar and Saudi Arabia benefit from an influx of foreign investment

Property slump to weigh on UAE banks as bad loans set to rise

“Recoveries from legacy loans, especially at Dubai banks, were high last year and these are likely to fade this year.”

Starting a small business in UAE? Here are the many costs to consider

Make sure to squeeze out any that is proving a burden on cashflow

UAE investors can pick up some Belt & Road action

New fund offers stakes in property assets along China’s ambitious trade corridor

Russian sovereign wealth fund to boost deals with Saudi Arabia

The fund said last month it was considering investing in Novatek’s Arctic LNG project with Saudi Aramco.

Samba Achieves Record Profit of $1.4bn in 2018

The bank attributed the profit increase to higher special commission income and other operating income.

Millennials 'demand' corporate social responsibility, says Badr Jafar

Crescent Enterprises CEO Badr Jafar said social impact and brand values are the deciding factor for prospective employees choosing between two employers with similar packages.

SICO's Bahrain Liquidity Fund ends 2018 with a boost to liquidity and performance on the Bahrain Bourse

Bahrain Liquidity Fund was established with the aim of improving the average daily trading volume of the Bahrain Bourse

KG Group acquires stake in Dubai-based Virtue Properties

The partnership between KG Group and Virtue Properties reflect in the growing investor confidence in Dubai’s real estate.

Why UK should still appeal to Gulf investors despite Brexit doubts

Savills says value remains in the British market for Middle East based real estate investors

Dh90 million is the cost of most expensive villa in Dubai

Demand for ready-to-move-in secondary market villas has doubled.

Banks buoy Saudi market, DAMAC drags down Dubai

DAMAC's stock on Tuesday experienced its heaviest trading volume since March 2018, with 8.6 million shares changing hands, 5.4 times their 30-day average.

GCC Equities Review: Oman struggles to attract attention

Foreign inflow stories attract investors to other markets but some stocks offer value, analysts say

Banking a good start to the year: Analysts look to lenders as risk appetite grows

Equity funds drew inflows of $6.2 billion, their biggest in 11 weeks

UAE economy to grow an average 3.8% a year to 2023

Country's non-oil economy is projected to grow by an average of 4.1% annually between 2019-23, Dubai Chamber report says

Banks in Kuwait may declassify expat client data

The Fatwa and Legislation Department has submitted to the Council of Ministers a draft law that allows banks to declassify the data of their customers, as provided by the CRS Convention on Join Reporting

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