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

New realty rules spur buying interest in Dubai property stocks

Emaar Properties was up 1.68% at Dh4.24 while Damac jumped 5.79% to Dh1.28

Saudi sovereign wealth fund PIF slashes exposure to Tesla

Tesla said it would cut thousands of jobs to rein in costs as it plans to increase production of lower-priced versions of its crucial Model 3 sedan, sending its shares down as much as 10 percent.

Middle East merger and acquisition deals value climbs 50% boosted by mega transactions

The UAE claimed the top spot for both inbound and outbound deal activity

This is Dubai’s first twin-tower launch of 2019

The project from Sobha Group takes a spot near the Canal and more are on the way

Saudi banks, Dubai shares give Gulf markets a timely boost

The Dubai index was up by 0.9 percent with Emirates NBD, its largest bank, adding 2.1 percent and its largest listed developer Emaar Properties gaining 2.2 percent

Qatar wealth fund eyes stake in Deutsche Bank

Fund says it favours Germany because of its robust economy

Traded value falls on Dubai bourse

Traded value fell to Dh78m from Dh150m in the previous session

2019 may be a ‘banner year’ for UAE markets

The Dubai Financial Market general index has been on a downward spiral since 2014

Real estate investment trusts lower entry barrier for investors

There are currently only a handful of active Reits in the UAE

Al Rajhi Capital unveils flagship ‘passive’ fund

Each Component Index in the MSCI Saudi Multi Factor Index is attributed equal weight at each rebalancing date.

Qatari businessmen keen to invest in Pakistan in diverse areas

QBA businessman Sheikh Nawaf Bin Nasser Bin Khaled Al-Thani also called on the Prime Minister representing the NBK group.

Saudi Alhokair's mall unit files for IPO, offering in Q2

Saudi Arabia saw six IPOs last year

Tadawul index recovers as buying emerges

UAE bourses weighed down by property and banking stocks

Dubai property developers put bond plans on hold: Sources

Emaar says bond on hold due to rising interest rates

Dubai Islamic Bank lists $750 million sukuk on Nasdaq

The total value of all sukuks listed on Dubai’s exchanges has now reached 61.14 billion

Qatar Muscles in on Saudi Arabia With Lebanon Investment

The tiny nation pledges to shore up Lebanon’s ailing economy, amid fraying ties with the Arab world

Investors are talking about a Turkish turnaround

The mood was an optimistic one in part because the conversations between investors and executives centred around balance sheets, not politics.

DLD signs strategic MoU with UAEIIC

UAEIIC plays a vital role in promoting investment in various fields to improve the national economy

65% of UAE workers expect a salary increase in 2019, says new survey

Employees feel it's about time companies reward their patience, loyalty

'UAE-India bilateral trade to exceed US$100bln by 2020', says UAE Minister

UAE and India enjoy long-standing and cordial relations across multiple fronts

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