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

Saudi Arabia’s central bank warns global slowdown may hit growth

The kingdom’s economy grew by 2.2 per cent in 2018, compared to a decline of 0.7 per cent in 2017

Egypt is a very important market for us, we are committed to the success of our Egyptian franchise: Renaissance Capital

What is the importance of this year's conference, taking into consideration South Africa's reforms, including pensions and investments?

Dubai’s Al Masah Capital-owned PE firm makes first investment in Malaysia

The investment in Malaysia bodes well with Al Masah capital’s plan to further explore private equity opportunities in Southeast Asia.

Future-proofing your UAE business

Foreign business owners should seek to adopt a corporate structure which protects their personal assets

Investcorp announces investment in Mercury Capital Advisors

The firm has extensive experience in providing advisory services on direct deals and co-investments, joint ventures and secondary transactions, as well as consulting services for general partners.

Bahrain misses key fiscal adjustment goals with 2019-2020 budget

Bahrain earlier this month revised upwards its budget deficit forecasts for the next two years

Moody’s changes Bahrain’s banking outlook to stable from negative on stronger government finances

Economic growth and $10 billion support package from GCC neighbours will help stabilise conditions for the country’s banks, the ratings agency says

Cyprus attracting significant foreign investment in property

This has become increasingly insufficient due to the global nature of markets today.

DFM-listed banks' profit surged 17% to $1.5bn in Q1

Combined profits of companies listed in Abu Dhabi Securities Exchange and Dubai Financial Market amounted $5.2bn

SSH to be lead consultant on Emaar’s Creek Beach District, scope includes MEP

SSH’s scope is to provide full multidisciplinary services as lead consultant comprising architecture, MEP, structures and public realm co-ordination.

GCC corporate earnings fall 5 in Q1

Banking and telecom services sectors saw single digit growths in the first quarter net profits that only partially offset the decline in aggregate earnings.

Qatari sovereign wealth fund takes £200m stake in Severn Trent

QIA has pumped billions of pounds into UK real estate and infrastructure in recent years

Gulf Capital eyes tech investments as it braces for new Gulf story

The asset manager also plans to invest in the health care, logistics and entertainment sectors in Saudi Arabia.

Moroccan Overseas Investments Fall 37% in 2018

The Ivory Coast fell to fourth place in 2018, after it were second behind Egypt in 2017 and the first in 2016.

UK Overtakes Japan As Most Expensive Country To Send Expatriates

The average package for a mid-level expat worker in the UK is now £311,240, up 17% from last year.

UAE’s Gulf Capital eyes acquisitions, plans new fund

The private equity firm bought a 70 per cent stake in health aesthetics firm Medica

Israeli firms fly out to woo China investors despite myriad of potential hazards

A trade war with the US and a host of other worries are not stopping some 100 companies from heading east, where they will be welcomed by a massive market hungry for innovation

Modi’s India can do its bit for Middle East and Gulf stability

Gulf investors are central to the development of India’s infrastructure.

Mohammed Al–Tuwaijri, Saudi Arabia’s minister of economy and planning

He left the Air Force in 1993, changing careers to the banking sector. He joined the Saudi British Bank in 1995 as head of risk management.

SEDCO Capital partners with the CFA Institute to showcase best-practice ESG integration in the EMEA region

SEDCO Capital’s own research shows that the balance sheet constraints of Shariah-compliant investors can improve risk-adjusted returns of conventional and responsible investment portfolios.

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