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

Gulf Firms with Saudi outperforming on continued Optimism

The company attributed the rise to higher revenues from property sales and lower operating expenses, such as payroll and consultancy fees.

QSE opens week on a flat note; index down for third session

Trade turnover and volumes were on the decline in the market, where Islamic stocks declined relatively slower than the conventional ones.

Saudi record bond sale hands investors profit of $209mn

The 10-year bonds were at 99.70 cents versus 98.679, the 30-year securities at 99.50 cents from 98.015, according to data compiled by Bloomberg.

Riyadh's Record-Setting $17.5B Bond Issue Sets The Scene For Even More Middle East Debt Issuance

Saudi Arabia somewhere in the middle of the regional market yields on 10-year bonds from Qatar and Oman stand at 3.07% and 4.76% respectively.

Forgotten fees: the challenge of investing in Dubai property

Investors attracted to low service charges at some Dubai residential towers are now facing huge bills to replace ill-maintained assets, or risk potentially dangerous hazards for tenants

Investors still upping real estate allocation, but more defensively — survey

The 2016 Allocations Monitor focuses on the role of real estate in institutional portfolios, and the impact of institutional allocation trends on the investment management industry.

Ahli United Bank $200 million Perpetual Additional Tier 1 Sukuk oversub scribed

State of Kuwait enjoys the necessary components to attract international investors to enter the Kuwait market

Qatar Said to Weigh Joining $100 Billion SoftBank Tech Fund

The Qatar Investment Authority sovereign wealth fund is considering an investment of billions of dollars, which will help diversify its economy away from oil.

Egypt turning towards to China for investment

Europe, traditionally one of Egypt’s biggest investors, still lies in the shadow of the global financial crisis.

3 reasons the emerging market rally is not over yet

First, emerging markets' macro recovery appears to be gaining strength. This time the boost to growth is not just com¬ing from stimulus in China.

Saudi woos bond investors but mum on oil

When it came to an oil price increasingly influenced by Iran and the proxy war in Yemen they were less forthcoming

Samba Financial Group latest Saudi bank to report drop in profit as bad loans weigh

Saudi banks have suffered poor Q3 earnings season

Saudi Arabia Plans Debut Bond Sale to Shore Up Finances

Bankers expect multi-tranche dollar-bond offer to be worth at least $10 billion in total

Saudi Shares Hit By Q3 Earnings, Most Of Region Weak

The Saudi index slipped 1.2 percent and most heavily traded stock dropped 2.9 percent

Kuwait's NBK net profit soars in third quarter

National Bank of Kuwait sees its third quarter net profit rise by 6.5 percent

Qatar's Masraf Al Rayan meets estimates with 1.3 pct Q3 profit dip

Three analysts had on average forecast a quarterly net profit of 487.3 million riyals for the quarter.

Mideast Stocks-Saudi shares hit by Q3 earnings, most of region weak

The Saudi index slipped 1.2 percent and most heavily traded stock, dropped 2.9 percent

Mid East Stocks Third Quarter Bank Results May Weigh on Gulf

National Commercial Bank may be the main drag on the market after posting a drop in third quarter net profit

Alba Successfully Closes $1.5 Billion Syndicated Loan

Alba’s original target for the syndicated loan was to raise between US$500 to US$750 million.

British expats in UAE ready to cash in on weak pound again as remittances surge

British expats are cashing in on the favourable exchange rate

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