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

Voting open for the Banker Middle East Industry Awards 2017

The eventual winners in these categories are typically decided by the more than 70,000 registered users of CPI Financial products and services

Global Finance awards Gulf Bank ‘Best Treasury & Cash Management Bank 2017 - Kuwait’

In its 17th annual world’s best cash management and provider awards, Global Finance selected an overall global winner and a global winner in seven key sectors.

National Finance, Oman Orix plan merger valuation

If the merger plan goes as per the plan, the merged entity will be the largest leasing and hire purchase company (which is popularly known as a non-banking finance company) in Oman

Bank Muscat Posts RO44.23MN Q1NET Profit

Net income from Islamic financing was RO6.35mn for the three months of 2017 compared to RO5.87mn for the same period of 2016, an increase of 8.2 per cent.

Bin Faqeeh to unveil key project at Gulf Property Show

Bin Faqeeh continues to mesmerise with its harmonious balance of regional-meets-modernistic design themes.

London Stock Exchange looks to Middle East for revival after Brexit

Money raised on LSE’s equity markets fell nearly 40% in 2016 to 25.6 billion pounds.

Takaful industry reports double-digit growth in the GCC

Saudi Arabia and the UAE grows close to 20% in general takaful business

Nasdaq Dubai Expands Futures Market with Three New Contracts

The three firms, which includes NBAD the largest banking entity in the UAE, join nine other leading UAE-listed companies.

Middle East firms to invest $650m in PH

The investments, brokered by the Philippine Economic Zone Authority, involves 10 projects from Qatar worth $175 million, 7 from Saudi Arabia valued at $465 million and a lone investment of $10 million from the United Arab Emirates.

Nasdaq Dubai To Launch ‘Market Site’, The Premier Hub For Capital Market Activities In The Region

Venue in DIFC will be centre for thought leadership and television news reporting

Dubai Gold and Commodities Exchange launches DGCX Shanghai Gold Futures

The listing of Shanghai Gold Futures on DGCX which has a wide international footprint and well-established local clearing capabilities for precious metals in the Middle East, bodes well for the UAE, particularly Dubai, which is already a strategic gold tr

Dubai exchange may launch gold contract for retail investors

The retail contract would be fully backed by physical gold and held in electronic form with the option of physical redemption.

This is why even mature startups are worried about liquidity

In contrast with the past, many companies in the Israeli scene are holding out longer, ignoring the early exit ramp in favor of bigger potentials down the road.

Investors book profit on UAE stocks

The Abu Dhabi Securities Exchange General Index ended the day down 0.6 per cent at 4,615.23, but still posted a 3.9 per cent gain for the week

Kuwait to borrow more from international market

Move comes after the Gulf state raised $8bn last month in its first international bond issue

UAE's Gulf Capital says $135m invested in technology, e-commerce

The technology scene is rapidly evolving in the GCC

PRAXISIFM Completes Fourth Acquisition In 12 Months

‘PraxisIFM has a long-established client base in the Middle East and has been working to develop this market further.

Advisory firm PWS shuts Qatar office, to expand in Barcelona

Middle East advisory firm Prestige Wealth Solutions has decided to close its Qatar office following the completion of its annual strategic business review

Saudi Arabia's NCB gives Fidelity core European real estate mandate

Developing a strategy and flexible structure to meet the needs of NCB Capital’s client base has been at the heart of this project.

Menacorp remains first on Nasdaq Dubai’s equity futures trade

Company registers more than 64.17% market share by trading volume for the first quarter of 2017

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