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

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

Foreign institutions’ sustained buying interests lift QSE

Trade turnover grew amidst lower volumes in the bourse, where industrials, realty and banking sectors together accounted for more than 82% of the total volume.

Scaling a Middle East business will attract global investors, says Wamda Capital

The complicated nature of regional markets makes it more difficult to grow a business in MENA as opposed to other regions

Dubai Ruler in Talks to Buy Some of Europe’s Most Famous Luxury Hotels

Jumeirah owner looking at hotels in Capri, Rome and Istanbul

Qatar sovereign wealth fund to boost US portfolio to $61b

Qatar denies supporting terrorism and its government is seeking to use the sanctions enforced by its neighbours as an opportunity to develop its own industry and its relations with other countries.

Banking results to set tone for UAE stocks

Traders on the UAE bourses have been stuck with loss-making positions

Investcorp, Coller form $1bn European equity fund

The deal also includes fresh capital for any follow-on investments and future investments

Nasdaq Dubai expands futures trading with MSCI UAE launch

Index comprises some of the largest firms in the UAE including DP World, Emaar Properties and First Abu Dhabi Bank

Over half of UAE based investors believe a slowing global economy will be biggest risk to their investments in 2019: survey

Over half of respondents (54%) believe economic stagnation in the world economy will be the biggest risk to their investments in the next 12 months, up from 39% in 2017

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