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

Bahrain FDI more than doubles to $519m in 2017

The rapid growth came in spite of a drop in global FDI of 23 per cent.

Abu Dhabi wealth fund agrees investment in Pension Insurance Corp.

PIC has a strong track record in pension risk transfer, with now more than £25 billion of financial assets under its control to support the pension benefits of over 150,000 individuals.

GCC economies set to loosen purse strings to boost growth

Monetary policy will continue to remain focused on preserving currency pegs

UAE to give Ethiopia $3 billion in aid and investments

The UAE will deposit $1 billion in Ethiopia’s central bank to ease a severe foreign currency shortage,

Dubai FDI organises economic mission to Australia to boost trade ties

Five-day roadshow to meet public & private organizations focused on technologies, healthcare, agriculture, aerospace, transportation & infrastructure

How the Middle East's Top Investment Firm Unraveled: Timeline

A court-supervised provisional liquidation would allow the company to restructure debt, negotiate with creditors and sell assets.

UAE's Reform Measures to Offer Relief for Businesses Across All Sectors

Most analysts and corporate leaders believe such bold strategies would help offset the impact of VAT-induced slowdown while reinforcing investor confidence leading to a pick up in foreign direct investments.

Mark Mobius says he's "not bullish" on Saudi stocks

MSCI is due to announce on June 20 whether it will add the country to its emerging markets category

Abraaj heads towards liquidation

The two creditors are Kuwait’s Public Institution for Social Security (PIFSS) and Auctus Fund Ltd. Both are claiming $100 million that is owed but not repaid.

Investcorp wins 4 awards at EMEA Finance event

The awards, which recognise stand-out dealmakers and notable transactions in the region, are nominated by Investcorp’s peers and other active participants in the Europe, Middle East and Africa (EMEA) capital markets, it stated.

Abu Dhabi closes in on stake in £3bn pensions giant

The Abu Dhabi Investment Authority is in exclusive talks with one of the UK’s biggest pension buyout firms, Sky News learns.

Abu Dhabi wealth fund in talks to buy £650m stake in UK pension group

The £650m deal would be one of the largest investments made by ADIA's private equity team

Dubai business conditions rebound in May

The fastest pace of growth in 13 months was on the back of increased output and new orders

UAE to invest in Maharashtra infra projects

ADIA is committed to invest US$ 75 billion in India through the National Investment and Infrastructure fund and has partnered with HDFC Bank, Kotak Mahindra Bank in Mumbai to invest in some of the identified areas like affordable housing sector.

Dubai FDI is region's first-ever investment promotion agency to be recognized by global business magazine Site Selection for outstanding role to attract capital investments

Deputy CEO khalid Al Boom receives award from Site Selection for Dubai FDI

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