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

Shuaa Capital to buy two UAE financial groups

Shuaa Capital said the acquisition was aimed at bringing greater synergies to investors and clients.

Qatar Airways Launches Their Very First Double Bed In Business Class

A first in business class, it's surely a new standard set by Qatar Airways in terms of innovation of service.

UAE's Mubadala completes deal to take 20 pct stake in Investcorp's parent

Investcorp said in July that Mubadala would buy 9.99 percent of Investcorp immediately

SoftBank gives Saudi Arabia a quarter of ARM

Non-binding fund to oversee creation of at least 50,000 US tech jobs

BHB highlights Bahrain Investment Market

The local and regional markets are ready for such a market and there is a real need for it, as evidenced by a number of trends and figures.

Hyperloop firm said to be in talks with GCC wealth funds

US-based futuristic transport firm seeks to raise $300 million from investors over six months; to open subsidiary in the UAE

Egypt to invest billions in rail infrastructure

The biggest of these is the Cairo to Luxor line – a €6bn, 700-kilometre line that will take about five years to build.

Qatar's QInvest eyes luxury developments in US

The sector is performing strongly and we anticipate making additional investments in similar transactions in the near future as we continue to optimise our real estate portfolio and maximise value for our shareholders and clients.

Emaar Properties might still see more downside

The silver lining is that the focus will be back on bluechips, afar cry from the small cap stocks, which had gained prominence

Qatar Reinsurance sets initial price guidance for $450 mln perpetual bond

The subordinated Tier 2 non-call 5.5-year debt offer is guaranteed by QIC, the largest insurance company in the Middle East and North Africa region.

Emirates NBD announces plans to list Reit on Nasdaq Dubai

Emirates NBD said that it hoped to raise between $100m and $125m from the offer, which it planned to use to invest in further real estate purchases and to improve its existing portfolio

Turkey's sovereign wealth fund set to be ambitious player in capital markets

It is a more than 50-year-old worldwide establishment with the first one founded in Kuwait in 1953 so as to manage the excess oil revenues.

Noor Bank partners with DAMAC to offer financing on luxury residential units

Shari’ah compliant Noor Bank teams up with DAMAC Properties to offer attractive home financing options for select residential units.

Kuwait hires banks for investor meetings

The meetings will take place from March 6-10 in London, New York, Boston and Los Angeles.

Etihad wins 2016 Treasury of the Year Award

The National Bank of Abu Dhabi was chosen as the airline’s Middle East strategic partner and Citi was named Etihad Airways’ international cash management bank affiliate in all other global markets.

Government of Lebanon hires banks for Eurobond

The sources did not disclose which banks had been appointed to lead the transaction.

Boat show opens at heart of future Dubai Harbour

DIBS 2017 will play host to a number of superyacht builders, smaller leisure and fishing boat manufacturers, and a host of marina suppliers from around the world.

GCC firms 'should tap' non-bank options for funds

The financial sector in the GCC has evolved over the past 10 years and this can clearly be seen by the alternative sources of funding available now in the region as well as the myriad number of initiatives to support the SME sector.

Dubai’s Emaar opens property showcase in London’s Harrods store

The strengthening dollar has led to weaker demand for property in the emirate and the wider UAE.

GCC firms 'should tap' non-bank options for funds

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