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

UAE’s Emaar Properties gets $1.5 billion loan from First Abu Dhabi Bank: sources

A spokeswoman for Emaar declined to comment, while First Abu Dhabi Bank did not respond to a request for comment.

Diplomatic damage to Qatar economy mounts as insurer closes UAE branch

Qatar Insurance Co said on Monday its Abu Dhabi branch, open since 2002, would shut because it could not renew its licence.

President Museveni woos Qatar investors

The President was on Sunday meeting a delegation from Qatar Investment Fund at the sidelines of the UNGA in New York.

DLD, Mashreq Bank ink Tarweej real estate deal

The agreement aims to enhance confidence in Dubai's real estate sector by providing a unique investment environment, Bin Mejren noted.

Dubai-Based VC firm Middle East Venture Partners (Mevp) invests in Wego

Wego.com, an online travel marketplace operating across the Middle East and North Africa region, and MEVP, a leading venture capital firm focused on the region, have announced that MEVP invested in Wego, in exchange for an equity ownership.

Bahrain Is Said to Refuse Qatari Bond Investors in Record Sale

Bahrain last week completed a three-tranche issue after receiving bids worth $15 billion.

Burgan Bank Wins Prestigious Award

Thomson Reuters Lipper Fund Awards serves as renowned industry leader for acknowledgment of outstanding skill and expertise put forth by the fund managers.

Bond trend makes this fund manager bullish on Mideast debt

The potential reward for holding riskier developing-nation bonds has almost vanished when compared with Middle Eastern debt

Marmore: five REITs listed in KSA and UAE in 10 months

Both countries collected together about $630 million due to accommodative regulations for the listing of REITs.

CFA Institute to open new regional office in Abu Dhabi

The office opening will be marked by a memorandum of understanding signing ceremony, between CFA Institute and ADGM, in Abu Dhabi in October 2017.

Qatar invests in US to show resilience

The fund had invested more than half of the money so far.

Qatar National Bank completes $630 million Formosa bond issue

The Qatari bank with the most diversified funding sources.

Nigeria, Others’ GDP Seen Growing at 5% in Next Five Years

It further stated that fostering economic integration within the region and nurturing its role as a global manufacturing hub were two of the many exciting trends that would help shape Africa’s future.

First Eagle Investment Management Opens London Office

We believe our clients in the EMEA region can best be served from an office that’s close to them in geography

Equity Crowdfuning Startup Eureeca Raises $400,000 In Just Six Hours

Having received significant interest from both our subscribers.

Saudi market lags behind SA

The kingdom’s market reforms, designed to attract foreign investors, have been countered by the effects of a lower oil price, its main source of income.

TRYP brand debuts in Dubai.

The First Group and Wyndham Hotel Group celebrated the soft-opening of TRYP by Wyndham Dubai with a ribbon-cutting ceremony staged on the 10th of September.

Why Saudi Arabia's reform changes make investors nervous

There’s concern as efficiency programme being revised

Global expands its real estate holdings in the UK

We see great opportunity in the retail warehousing sector due to its resilience to the rise of the ecommerce industry.

Abu Dhabi weighing sale of 24 pct stake in insurance firm ADNIC-sources

The sale plan is still in its preliminary stages, one of the sources said, but could attract more bidders.

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