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

Meraas issues Sukuk, sets up new management company with Dubai Holding

Meraas Holding carried out a private issue of Sukuk totalling $400 million due to mature in 2022 with a coupon of 5.112 per cent late in May.

Middle East Gets Its First Hospitality REIT Worth $570 Million

REITs issue shares that invest in income-generating real estate and may be traded like a stock when offered to the public.

Lebanese GroupMed Holding announces OLT Holding as a new shareholder

Mr. Al Khawaja is a prominent businessman, investor and board member of various international companies.

Over 4,400 investment professionals from the Middle East register for CFA exams

CFA Institute currently has more than 142,000 charterholders who work in some of the most prominent firms around the world

These Are the Corporate Winners and Losers of the Qatar Standoff

Foreign deposits — especially from the six-nation GCC — that have helped sustain institutions like Qatar National Bank QPSC and Commercial Bank QSC are at risk.

Dubai homes lag offices in green initiatives

The market has seen a surge in certificate completions over the past five years, with 54 per cent of buildings being gold rated.

Emaar to IPO up to 30% of Dubai property business

The decision to IPO followed an internal review of the company’s asset values.

Emaar to list UAE real estate development business in Dubai

The developer will list 30 per cent of its UAE real Estate Development business

Amidst Global Uncertainty, Where Is The Middle East Sovereign Investor Finding Comfort

The longer term implications are less certain with expectations of a gradual return from quantitative easing to quantitative tightening.

Banks Drive UAE Infrastructure Spending

As part of our third Knowledge Series, we explore how corporate banking enabled the growth of modern cities

Rising Middle East tensions, tightening supplies push up oil prices

Saudi Aramco raised July prices for its Arab Light grade to all major regions of Asia, Northwest Europe, and the United States on Sunday.

A wider geopolitical impact: Mideast rift puts investor focus on oil

The four countries banned travel and shipping to and from Qatar, and will expel all Qatari citizens, among other measures.

Qatar plunges as other GCC states cut ties; Saudi rises on MSCI hopes

It was the index's steepest drop since late 2009, during the global financial crisis.

Alkhabeer Capital wins Best Private Equity Company for 2017

Alternative investments asset manager, Alkhabeer Capital, has won Best Private Equity Company 2017 in Saudi Arabia award by the leading industry publication, Banker Middle East, a member of the CPI Financial publishing group.

Top Lebanese bank to launch $1bn infrastructure fund

The initial objective is to reach $1 billion of investments in the short to medium term, over two to three years, remarked FFA Chairman Jean Riachi.

GFH Financial Group pulls back from talks to buy Shuaa Capital

Shares of the two companies had rallied ahead of the announcement on March 14 that the two companies have begun merger talks

Bonds, loans and Sukuks vital component in advancing MENA's economic development, says Qatar Financial Centre Economic Advisor

Sukuk as a niche product delivers a more stable return compared to regular bonds.

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