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

KFH honors gold medalist Al Mutairi with 2kg gold award

KFH recognition endeavors to support and patronize the Kuwaiti champions who raise the name of Kuwait at the international forums and global events

Access to finance critical to GCC economies

The new normal for oil prices has made diversification more urgent but also more difficult by tightening financial conditions across the region.

Poll reveals worrying figures about lack of retirement planning in UAE

It is never too late to start saving.

Turkish Private Equity Deals Signal Investment Appetite After Failed Coup

Restaurant chain deal and acquisition talks show interest in Turkey even as Moody’s cuts rating

Real Estate Investment Environment In The U.A.E.

The global oil market has been oversupplied since oil prices took a tumble in the summer of 2014, decreasing by about 50% from previous levels.

Online marketplace The Luxury Closet closes $7.8m series B round

The firm said it would use the funds to accelerate its regional expansion

Luxury property brokerage Tamleek Real Estate Co. to recruit 240 by year end

This would effectively raise staff levels at the top-selling agency by 150 % over present numbers.

UAE based compareit4me secures $2.4 million investment in latest round of funding

The sum more than doubled the $1 million that the company set out to achieve, taking the total amount that it has raised to date to almost $6 million.

Dubai Exports hosts joint forum in Sao Paulo to bring focus on Dubai as global halal hub

Hub-to-Hub concept of integrating Dubai as a vital point in the halal supply chain

Dubai FDI invites Portuguese investors to pursue innovation and growth in Dubai

The Dubai FDI team met representatives of over 50 businesses from diverse sectors such as construction, engineering, healthcare, information technology, and food and beverages in Lisbon and Porto

23% public private partnership projects abandoned in Middle East

The primary reason identified for PPP deals not getting off the ground was seen to be governments failing to offer deal structures that were attractive to investors

BIBF partners with Euromoney Learning Solutions

The MOU signed by the Director of the BIBF Ms. Solveig Nicklos, and Euromoney Learning Solutions CEO Mr. Guy Cooper, at the BIBF campus in Juffair.

Women Making Great Improvements in the UAE Business Sector

The UAE was proud to have 17 women that made it to the top 100 list.

RiverCrossing and Greenman Launch German Retail Property Investment Vehicle for GCC Investors

RiverCrossing will act as the Investment Manager while Greenman will manage the portfolio of assets.

Burgan Bank wins prestigious Thomson Reuters Lipper Award Burgan Equity Fund

The fund invests across a wide range of sectors including consumer services, oil & gas, telecommunications, basic materials, consumer goods, real estate, financial services, industrial, and banking.

CIBC forms strategic alliance with National Australia Bank and Israel's Bank Leumi

The alliance was officially signed this week in Tel Aviv, a world leader in high-tech startups and a global tech hub.

ABK’s Accad named ‘Bank CEO of the Year’ – ‘Michel Accad takes bank to a new operational level’

The awards represent the benchmark of success for senior executives in the Middle East.

Antigua and Barbuda Set to Become Premier Destination for Investors in the Middle East

The country has already seen a significant increase of investment from the Middle East, including a recent MOU for US$120 million towards a luxury resort in the south of the island.

Dubai property set for return to growth next year, says Knight Frank

The real estate market is more mature, and this resilience will drive the next growth cycle.

UAE Bank Deploys AI Robot to Keep Customers Engaged

UAE-based bank is introducing an artificial intelligence, AI robot that will engage customers by telling them about the products and services

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