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

Qatari billionaire investor says hopes UK votes to stay in EU

Sheikh Hamad said the EU had established a very favourable investment environment, attracting hundreds of billions of dollars of foreign money "eager to tap this huge market".

Saudi eyes $15bn of bond sales in 2016, post-Ramadan issue

Gulf Cooperation Council governments have been active in the bond market this year following a dip in oil revenues.

Uber attracts $3.5bn from Saudi Public Investment Fund

Uber will invest $250m in the Middle East, where it has been expanding aggressively.

Qatar Airways wins gold at MENA Digital Awards

With a multitude of options available on qatarairways.com customers can plan their travel by comparing multiple destination prices and connectivity times at a glance before making a booking.

DFM launches new direct deals service

Disclosure and transparency rules in effect must be observed when conducting such deals.

Funding crunch leaves GCC projects in the lurch

Shrinking banking sector liquidity and rising funding costs are expected to increase cost of bank funding for projects across the GCC.

Qatari bank completes key UK residential project

The building benefits from southerly views and access to a private garden square, very rare in central London.

Qatar Investment Authority taking steps to restructure assets

The QIA fund has more than $250 billion in assets.

Mideast funds more cautious on equities, bonds

Trading volumes may not pick up for many weeks because of the approach of the holy month of Ramadan and summer holidays.

Doha Bank CEO honoured with ‘Green Economy Visionary Award’

During the event, Seetharaman said “green banking” promotes environmental-friendly practices and reduces carbon footprint of banking activities.

Noor Bank successfully issues US$500 million Tier 1 capital Sukuk

The strong investor demand we saw during this exercise was a testament of our brand recognition in the international capital markets

Qatar National Bank says closes syndication of 2.25 bln euro 3-yr loan

The loan's annual interest rate is EURIBOR plus 1.05 percent.

Qatar raises US$9b in Middle East’s biggest bond sale

The amount is almost double the US$5 billion that bankers close to the deal said Qatar was targeting.

Monaco’s First Gold Refinery Set to Target Luxury Brands

“Major luxury groups” are lined up to buy, mainly in Europe and the U.S.

Gulf bond sales return, and this time it’s none of your business

GCC bond sales climbed 32% to a total $15.9bn this year, according to data compiled by Bloomberg.

GCC boards need to focus more on diversity

"Effective boards are essential for the sustainability of economies and prosperity of societies.

India cross border investments set to surge

Relations between the UAE and India have now grown beyond trade.

1MDB Bond Fates Diverge as Abu Dhabi Vow Trumps Najib Support

The contrast reflects growing investor concern about the Malaysian government backing as Najib grapples with an economy forecast to expand at the slowest pace in seven years amid a collapse in oil prices.

Banque Du Caire delays launch of new fund by three months

The fund is balanced, set to invest in stocks, bonds, and fixed-income instruments.

Ministry of Finance strengthens trust in e-Dirham security features

A downloadable mobile application enables the e-Dirham card holder to set up an e-wallet.

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