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

Saudi appetite for Dubai property grows

Despite oil slump, Dubai sees surge in property investments from Saudis

UK govt’s new town plans open up opportunities for investors from Gulf

The Conservative Government has typically been in love with the idea of home ownership

Saudi Exchange CEO Is in Full Pursuit of Emerging-Market Prize

CEO expects progress this year after regulatory changes

Venture capital investors eye further growth in Turkey

The country has many startup companies with innovative ideas but often no financial institution they can turn to for the funds needed to get their businesses up and running.

Abu Dhabi's Aabar set to invest more in UniCredit's share sale

Sources say Aabar Investments is poised to buy more shares in Italian bank's upcoming $14bn offer

Al Rayan Bank launches Scottish buy-to-let property finance

Muslims represent just over 1% of Scotland’s population.

Investment Corporation of Dubai expected to issue dollar bond this month

Dubai Islamic Bank could also be involved should the deal be a sukuk rather than a conventional transaction.

KFH Financial Brokerage wins ‘Best Islamic Brokerage Company 2016’

The company utilizes the best technology and sharia-compliant financial products for the best interest of customers.

Malaysia looks to Qatar for investment in tourism, infrastructure

Ambassador says Qataris view Malaysia as a key holiday destination

Qatar's Investment Holding Group launches initial public offering

The Investment Holding Group officially announced the pricing of its IPO on the Qatar Stock Exchange. Subscription Applications can now be submitted by individual Qatari citizens, Qatari companies registered in the State of Qatar, or companies incorporate

National Bank of Abu Dhabi issues $885 mln Formosa bond

Formosa bonds are sold in Taiwan by foreign issuers and denominated in currencies other than the Taiwanese dollar.

UK to strengthen economic relations with Gulf allies Chancellor

The special UKGCC relationships will not be affected by the Brexit, he affirmed.

Dubai Investments breaks ground on Mirdif Hills project

Two-phased project expected to be completed by Q4-2018

NBG likely to sell its insurance unit this year

NBG has agreed to sell its Bulgarian unit, United Bulgarian Bank, to Belgian bank KBC Group in a 610-million-euro deal last week.

EFG Hermes expands frontier markets division

The rollout will be modelled on firm’s successful push into GCC

Oman seeks banks' proposals for dual-tenor international bond issue -sources

One source said the government was keeping an open mind on whether the issue would be in the form of conventional bonds or sukuk.

Dubai-based Abraaj Group in advanced talks to acquire Medall Healthcare

Medall Healthcare’s existing investor Peepul Capital, which owns around 80% of the company, will sell its stake.

Banque Misr signs agreements worth $1 billion with Chinese groups

The bank is furthermore finalizing its representative branch in Russia, which will make it the first Egyptian bank to be represented in Russia.

KPMG reports 10.7 per cent growth in the Middle East and South Asia

As part of our strategy, we have also increased investments in Audit with a number of Partner appointments and added more than 300 people to our audit teams across the region.

Oman Orix raises $25m from regional banks

We are pleased to fund Oman Orix for their Leasing Finance business.

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