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

Saudi Venture Capital invests in a private equity fund by Aliph Capital

Aliph Fund I invests in mid-market companies across Saudi Arabia

Markaz: Kuwait equity markets positive despite geopolitical uncertainty

S&P GCC Composite Index down 1.4% in November

Progeny becomes CII international professional partner firm

Achieving IPPF status brings Progeny’s international offices in UAE, Singapore, Hong Kong, Belgium into alignment

Abu Dhabi sovereign wealth fund Mubadala nabs Canadian asset manager

Demand for stakes in asset management businesses (from other asset management businesses) is rising

Al Marwan Real Estate to boost residential experience with Yardi

Sharjah-based property management and development company to reshape residential communities and unify real estate processes with intuitive cloud technology

QSE opens week on stronger note; foreign funds turn bullish

The Gulf individuals were seen increasingly net sellers in the main bourse, which saw no trading of sovereign bonds.

Demand and ongoing investments to boost growth of GCC companies

Prospects are better for 2025 after a tough 2022-2024 for Sub-Saharan Africa

JTC to Acquire Specialist Fiduciary Business FFP, Cayman Islands, BVI and Dubai

JTC’s Commercial Office has been actively working on the establishment of a Governance Service practice.

‘QSTP enhances role as natural ecosystem for world-class tech-preneurs’

Dr. Lau said “As we move forward in our journey, our sights are set on further broadening our impact as a natural ecosystem for world-class entrepreneurs."

PwC acquires Saudi consultancy firm Emkan Education

This combination is a significant milestone in our commitment to helping shape the future of education across the region.

US private equity company Andalusian to open first global office in UAE by early 2025

It is among a raft of companies looking to capitalise on regional liquidity and investment in emerging asset classes such as private credit

International insurer Rokstone launches in Dubai IFC

The Dubai operation will capture regional business in MENA not currently coming to London

Savills Egypt wins ‘Best Real Estate Agency’ at 2024 Euromoney Real Estate Awards

The team expanded to over 165 professionals, delivering consultancy for more than 5.5 million square meters across the MENA region and actively managing over 1 million square meters in Egypt

Big Gulf banks buck global trend as lending income growth continues

QNB expects central banks in advanced economies to take policy rates from "restrictive territory towards neutral and accommodative levels by mid-2025

Saudi insurers expect financial boost from new reinsurance mechanism

The mechanism is set to take effect on Jan. 1, giving licensed reinsurance companies the priority to accept or decline these assignments, it added.

Kuwait Investment Authority’s managing director’s term cut short, report says

The Kuwait Investment Authority’s website has updated its list of senior management, with Salem Al-Sabah as its manaigng director.

Office market sees increase in occupancy rates in Q3

The report states that recent activity indicates that there is minimal availability in Msheireb Downtown

Kuwait to Replace Head of Its $1 Trillion Sovereign Wealth Fund

The fund has been beset by challenges in recent years, coinciding with a period of political upheaval in Kuwait.

PIF announces sale of 100mln shares in stc

Representing 2% of the company’s issued share capital

Middle East sovereign wealth funds can drive sustainable development by investing in global south

Stern at NYUAD’s Transition Investment Lab Annual Report launched at workshop titled The Great Reallocation: Mobilizing Capital for Transition Investment

Alternative Investments