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

Dubai's FDI flow surges to Dh27.3 billion in 2017

Dubai is experiencing rapid economic growth supported by its policies of a free and open economy and its ability to attract domestic and foreign investments.

Prime minister promotes St. Kitts-Nevis’ CBI Programme in Middle East

Harris is also scheduled to meet with economic citizens living in Dubai with a view to encourage them to make greater investments in the country

The key trends set to impact financial markets

The Eurozone has finally seen some growth, notwithstanding populism, political issues, Brexit and Catalonia. Actually, the economic numbers in Europe are positive and frequently surprise analysts on the upside.

Dubai unveils FDI initiative for sustainable activities

'Impact FDI' is the term of reference for FDI projects that contribute to sustainable economic development goals with positive outcomes on people, business and the environment.

EU becomes largest trading partner of GCC with two-way trade exceeding €143 billion

This makes the European Union as the largest trading partner of the GCC, when counted as a single economy.

Dubai's mid-market real estate strong in Q1, report shows

The total volume of sales in the secondary market was AED 8.6 billion in Q1, according to Luxhabitat

Mubadala Is Said to Near Hiring Rothschild for Cepsa Stake Deal

Mubadala is working with Cepsa’s management “to assess a range of strategic options” including a listing, strategic partnerships and the involvement of other investors, a spokesman for the firm said in response to queries.

Financial advisors often scapegoats for investment worries beyond their control

The UAE’s under fire financial advisors are being made the scapegoat for problems often beyond their control, according to private equity firm Berkeley Assets.

Al Masah Capital explores investment in disruptive space

Company is venturing into niche segments of facilities management and developing business eco-systems

Saudi Arabian companies plan massive Houston-area investments

The announcements capped a three-week visit to Houston by Mohammed bin Salman, Saudi Arabia's crown prince, during a boom in U.S. oil and gas production largely driven by West Texas shale drilling.

Look: Dubai's first cinema inside a hotel

Project set for completion within first half of the year

Abu Dhabi state fund eyes stake in £3bn pension buyout firm PIC

The giant sovereign wealth fund is plotting a bid for JC Flowers' stake in Pension Insurance Corporation, Sky News learns.

ADFG takes stake in 500 Startups

Beyond its technology investments, ADFG has also aquired an extensive real estate portfolio in the UAE, UK and Eastern Europe.

Pak-Iran rice trade via Dubai continues despite PTA

The ceremony was also attended by acting Consul-General of Iran in Lahore Majid Sadeghi Dowlatabadi and former Iranian foreign minister Syed Kamal Kharazi.

UAE’s Tabarak given more time to close United Arab Bank stake buy

An exclusivity agreement granted to the private equity firm to finalise the purchase expired on Monday

Monthly markets round-up: Saudi's attempt to woo passive funds pays first big dividend

About $2.2billion of investment into Saudi equities is expected, following Tadawul’s inclusion onto FTSE Russell’s secondary emerging market index.

Sharjah group wins top asset management award

The victory has come at an ideal time for the company, which has a strategic roadmap for the coming year.

TSYS and Mashreq Bank Announce the Successful Implementation of PRIME℠ for Acquiring Services

Award winning financial institution in Dubai successfully deploys TSYS’ payments processing solution

Global markets drop amid Wall Street sell-off

Technology shares were hit hard in the United States on Monday

Saudi regulator approves exchange listing of domestic government bonds

By creating transparent benchmark prices for debt, the trading could also encourage more Saudi companies to issue corporate bonds.

Alternative Investments