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

Dubai private sector rebounds in March

Dubai's private sector recorded a solid rebound in business conditions in March after a slight deterioration in February.

Dubai can benefit from Sharia standard for gold

Process on to create a global benchmark and open up Islamic financing options

HSBC, Citigroup Among Those Directly Investing in Saudi Stocks

The disclosure is part of the CMA’s plan to raise governance and transparency standards and increase the level of communication with investors.

Dubai Developer of World's Tallest Tower Going to New Heights

Dubai, the Gulf’s tourist and business hub, is developing hotels and entertainment projects as it aims to attract 20 million tourists annually by 2020

GCC banking revenue growth slows in 2015 in era of cheap oil

The BCG report added that 2015 saw patterns that have rarely been witnessed in the last six years - operating costs growing by only six percent, below revenue growth rates.

A bridge between the east and west

Istanbul’s surging population growth, coupled with the influx of new-build property, will keep its real estate market at the forefront of many investors’ minds.

Interview-Dubai's National Bonds eyes expansion in Saudi Arabia

A Dubai government-owned sharia-compliant investment company, said it is eyeing expansion into the rest of the Gulf region and has appointed a firm to evaluate launching in Saudi Arabia by 2017.

SEDCO Capital Announces the Successful Closing of the SEDCO Capital Real Estate Income Fund II

This fund continues SEDCO Capital 's strategy in providing unique and well managed real estate investment products to investors.

2016 GCC Roadshow

The lunchtime events will offer key insights into a number of recent trends, such as the increase in GCC investors investing in UK real estate.

Boursa Kuwait Securities Company confirms readiness to assume Kuwait Stock Exchange operations by end of month

Mr. Khaled Abdulrazaq Al Khaled, Chairman and CEO BKSC BKSC holds Annual General Meeting and Extraordinary General Meeting

Qatari firm plans to convert US embassy in London to luxury hotel

Qatari Diar is also undertaking a $2bn rental venture in the UK capital

Driving more succession planning certainty in Dubai

Dubai has implemented a novel succession planning solution, a first-of-its-kind in the Middle East and North Africa region for non-Muslims - the new DIFC Wills and Probate Registry.

Ahli Bank Qatar guides fordebut around 40bp back of IBQ

Ahli Bank Qatar has released initial price guidance for its debut bonda Reg S dollar benchmark, at 275bp area overmid-swaps.

Kuwait sets KD 2 bln in sukuk, bond issue – Bid to cover part of budget deficit

The KD 2 billion issuance will be divided equally between conventional and Islamic bonds (sukuk), and a total of KD 6 billion of the deficit will eventually be covered by bond issues with the rest covered by reserve drawdowns, Al Arabiya reported.

Qatar's Ahli Bank sets final spread for $500 mln debut bond issue

Ahli Bank drew $1.2 billion in orders.

KAMCO ranked first in Kuwait for managing issuances of fixed income instruments

KAMCO’s Chief Investment Officer, Mr Khaled Fouad, said, “This is yet another representation of KAMCO’s prominent position in the local and regional market.

Chestertons closes AED 610 million worth of property sales

Middle East investors account for over 70% of total London property sales and nearly 40% of UAE property sales; current AED 185 million portfolio to fuel further expansion

Gulf markets retreat as oil tumbles again; Egypt ends flat

Investors uncertain over Saudi economic plan

Yas Island turning into key Abu Dhabi residential hub

Yas Island, a man-made island developed by UAE-based Aldar Properties in Abu Dhabi, UAE, is slowly evolving from being a pure entertainment and leisure destination into a destination for living as well as tourism.

Abu Dhabi developer reveals plans for UAE's largest aquarium

The attraction will "absolutely" be bigger than the Dubai Mall's, according to reports

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