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

Israeli investment firm turns unwanted start-up options into gold

A secondary stock market – where shares that cannot be sold publicly go to be traded – embarks on a $100m fund

UBS Real Estate offloads Paris office scheme to Middle Eastern buyer

The sale of the property, the last in the vehicle, brings to an end the fund’s life.

Turkey could become interest-free financial hub, Al Baraka Banking CEO says

Speaking to Daily Sabah, Al Baraka Banking Group president and CEO Adnan Ahmed Yousif, emphasized the high growth potential and attractiveness of Islamic banking and discussed Turkey's candidacy to become an interest-free financial hub

Oman talking to banks ahead of potential dollar bond in Q2 - sources

With smaller oil and gas reserves than its wealthy Gulf neighbours and a higher cost of production

Bahrain reopens cancelled bond sale

The cancellation of the sale caused widespread anger among investors who had already positioned themselves for the additional bond supply.

Iranian financial institutions host first GCC-focused Investor Roadshow in Muscat, Oman

Iran’s leading financial conglomerate and senior members of Iranian government bodies met over 150 international investors in Muscat

Bahrain braves market return

Bahrain bounced back to hog the spotlight

ICBC plans benchmark dollar bond issue through Dubai branch - sources

ICBC did not respond to emails to its Dubai office seeking comment. Benchmark size is usually taken to mean in excess of $500 million.

Hometown Fund Management and Gateway Investment Management Services to launch second Fund

Hometown Fund Management Limited and Gateway Investment Management Services are proud to announce the establishment of the Hometown Dubai Hospitality Fund II Limited. The fund is domiciled in Dubai International Financial Centre (DIFC), and is one of the

UAE budget deficit set to fall: NBAD

GCC needs fiscal adjustments to avoid further 'significant asset depletion'

Dubai urged to develop debt market for global Islamic economy hub ambitions

Product innovation is key to enhancing market liquidity

Saudi Arabia said to introduce floating rate bonds amid deficit

This has started to pressure liquidity in the banking system - the three-month Saudi interbank offered rate (Saibor) has climbed to 1.73 percent from 0.77 percent in July.

Middle East buyers take interest in Orlando real estate

Central Florida's international cache hasn't centered on interest from oil countries.

Bahrain cancels $750m bond sale after S&P downgrade

The news has yet to sink in," said one Gulf-based investor who bought into the bond.

Taking on more Dubai and Abu Dhabi property debt can improve rental returns

How can you maximise your returns from the rent you are getting on your investment properties, even if you bought them hoping for capital appreciation?

Tata Capital in talks with Oman SGRF for realty fund

Tata Capital was also in talks with large US investors but this did not finally go ahead

A Record-Breaking Year For Dubai International Financial Centre

The size of the total workforce employed within DIFC also grew up to 19,808

Chinese banks play major presence in Dubai int'l financial center: official

Kazim made the remarks when briefing the media on the DIFC's performance in 2015.

Bahrain says talking with lead managers after S&P downgrade

Bank ABC, BNP Paribas, Citigroup, HSBC and JP Morgan, which arranged Bahrain's original bond in November, are leading the bond reopening.

ADSG Announces Winners Of Annual Abu Dhabi Sustainable Business Leadership Awards

As part of the mission of the ADSG, these Awards demonstrate the Group’s commitment to knowledge sharing aimed at improving sustainability performance.

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