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

GFH awarded gold and silver awards at the 2016 Transform Awards MENA

Over the years, GFH has won a number of industry awards for its achievements in investment banking, wealth management and Islamic Finance.

Private equity can fill the funding gaps left by banks

After the global financial crisis, private equity activity in the GCC declined tremendously.

Dubai Investments in talks with banks for $300 million loan

The Gulf bank will lend in dollars, and the local banks will lend in UAE dirhams, he added.

Emirates NBD to target millennials with $136M digital strategy

This significant investment will drive further innovation and solidify Emirates NBD’s reputation as an innovation-led, customer-focused bank that is indisputably a market leader in the region.”

Uber Gets $US3.5b Cash Infusion From Saudi Arabia State Investment Fund

In its quest to build a global empire, Uber has turned to the Middle East for its biggest infusion of cash from a single investor.

Qatari Billionaire Investor Says Hopes UK Votes To Stay in EU

A billionaire Qatari investor who masterminded much of the Gulf state's investment in Britain said on Wednesday he hoped the country would vote to stay in the European Union in its June 23 referendum.

Qatari billionaire investor says hopes UK votes to stay in EU

Sheikh Hamad said the EU had established a very favourable investment environment, attracting hundreds of billions of dollars of foreign money "eager to tap this huge market".

Saudi eyes $15bn of bond sales in 2016, post-Ramadan issue

Gulf Cooperation Council governments have been active in the bond market this year following a dip in oil revenues.

Uber attracts $3.5bn from Saudi Public Investment Fund

Uber will invest $250m in the Middle East, where it has been expanding aggressively.

Qatar Airways wins gold at MENA Digital Awards

With a multitude of options available on qatarairways.com customers can plan their travel by comparing multiple destination prices and connectivity times at a glance before making a booking.

DFM launches new direct deals service

Disclosure and transparency rules in effect must be observed when conducting such deals.

Funding crunch leaves GCC projects in the lurch

Shrinking banking sector liquidity and rising funding costs are expected to increase cost of bank funding for projects across the GCC.

Qatari bank completes key UK residential project

The building benefits from southerly views and access to a private garden square, very rare in central London.

Qatar Investment Authority taking steps to restructure assets

The QIA fund has more than $250 billion in assets.

Mideast funds more cautious on equities, bonds

Trading volumes may not pick up for many weeks because of the approach of the holy month of Ramadan and summer holidays.

Doha Bank CEO honoured with ‘Green Economy Visionary Award’

During the event, Seetharaman said “green banking” promotes environmental-friendly practices and reduces carbon footprint of banking activities.

Noor Bank successfully issues US$500 million Tier 1 capital Sukuk

The strong investor demand we saw during this exercise was a testament of our brand recognition in the international capital markets

Qatar National Bank says closes syndication of 2.25 bln euro 3-yr loan

The loan's annual interest rate is EURIBOR plus 1.05 percent.

Qatar raises US$9b in Middle East’s biggest bond sale

The amount is almost double the US$5 billion that bankers close to the deal said Qatar was targeting.

Monaco’s First Gold Refinery Set to Target Luxury Brands

“Major luxury groups” are lined up to buy, mainly in Europe and the U.S.

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