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

Mega-developer gives his picks for biggest growth opportunities in Abu Dhabi

United Arab Emirates (UAE) real estate developer Aldar Properties was founded in 2005 and is now among the largest developers in the emirate.

Aldar plans Dh10bn Alghadeer extension near Dubai border

First phase of ‘super-affordable’ community comprises 611 homes on the Dubai-Abu Dhabi border

Tel Aviv Bourse Sells 19.9% Stake to Manikay Partners

“The Israeli public should benefit from the success and growth of the Israeli economy,” Ben-Zeev said in a statement announcing the sale plans.

Tamouh completes towers project in Abu Dhabi

Horizon Towers project, including construction and completion, was overseen by Trojan General Contracting

Economists say early retirement bill will have negative consequences

This in turn will delay the development plans.

Top 100 CEOs in the Middle East honored

The winners of the ‘Top CEO Awards’ stand as role models to all members of the region’s business community.

Gulf investors seek exit opportunity from Pakistan’s banking industry

The group’s other investments in Pakistan include Wateen Telecom, an internet and communications infrastructure company, and Taavun, a real estate developer.

UAE trading activity slows down as Tadawul rises

Traded value in Dubai has tumbled by 90% to Dh150m but Tadawul traded value jumps 30% to 4b Saudi riyals

Tel Aviv University Launches $20 Million Early Stage Venture Fund

The fund will manage $20 million, said one person familiar with the matter who spoke with Calcalist on conditions of anonymity.

World Bank lauds Qatar for assisting countries in projects

The investment incentives and economic diversification strategy adopted by Qatar to achieve Qatar National Vision 2030 were discussed.

Qatar to mark comeback with $12 billion international bond

Saudi Arabia launched a rival $11 billion bond during the same week, in a move seen as an attempt to absorb demand from the market and force Qatar to offer higher yields to attract interest.

Qatar banks’ assets expand by 9% to $378.9bn

Qatar’s exports expanded 14 percent year-on-year in February 2018

Saudi Arabia beats Qatar to market with $11 billion bond

Riyadh surprised the market on Tuesday when it announced its plan to complete the transaction within the day

Qatar markets three-tranche US dollar bond

It is Qatar's first foray into the international bond markets since a spat with its Gulf neighbours erupted last year.

‘Wall of liquidity’ seen coming into Saudi Arabian equities

Franklin Templeton expects $50 billion of inflows into Saudi equities

Saudi Aramco and Total to build $9bn petrochemical complex

Front-end engineering and design to begin in the third quarter of 2018

Funding pressure eases for GCC banks with rising oil prices, Moody's says

Banks will benefit from continued deposit growth over the coming quarters, driven mainly by government deposits

Dubai's DAMAC starts marketing dollar sukuk in 6 percent area

The new sukuk is expected to price later on Wednesday.

Egypt's Recovery Room

Egypt is leading the region’s economic rebound, with special attention paid to nurturing the strong growth potential of smaller businesses.

Dubai-based Abraaj hires Houlihan Lokey for health fund advice after dispute

Abraaj is also considering selling part of its investment management business, three sources familiar with the matter told Reuters last month.

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