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

Doha Bank wins ‘Qatar Domestic Trade Finance Bank of the Year’ award

Doha Bank said its pioneering role in trade finance services has earned regional and international repute for over 33 years.

Sharjah reports $3.3bn in real estate transactions in H1

The month witnessed a 114% increase in the total volume of real estate trading, returning a figure of AED3.4 billion compared with AED1.6 billion in the same month in 2015.

Starting up in Dubai: your questions answered

Another initiative, Dubai Startup Hub, launched in collaboration with IBM, offers comprehensive information on Dubai’s start-up scene through an online platform.

GCC Equity Fund Attracts EU Investors

The hurdles investors face investing in the region and what he finds attractive in Saudi Arabia and the U.A.E.

Bank Hapoalim Announces Second Quarter 2016 Financial Results

Credit to Small Businesses in Israel totaled NIS 26.7 billion compared with NIS 25.5 billion at the end of 2015, an increase of 4.8%.

Oxford Business Group announces team for new Sharjah report

There will also be coverage of Sharjah's efforts to enhance its business environment.

Mideast Stocks-Qatar up on emerging fund inflows, Gulf slightly higher

Doha's main index rose 0.7 percent as 11 of the 12 Qatari shares that are members of the MSCI emerging market index advanced.

Successful start-ups help QBIC generate QR6mn revenue

QBIC offers training, mentorship, networking and investment opportunities, as well as legal advice and two years of rent-free office space.

Turkish Sovereign Wealth Fund expected to be among world top 20

The government has goals to boost Turkey's economic growth by an additional 1.5 percent in the next 10 years with the new fund.

Ominvest Posts Group Net Profit of RO17MN

Ominvest’s banking subsidiary, Oman Arab Bank, posted a decline in profit, to RO11.5mn in the first half of 2016 from RO15.9mn a year earlier.

Forbes Middle East unveils the most promising startups in Egypt

These startups were inspired by entrepreneurs who have used social media and technology to their full advantage.

China set to choose yuan clearing bank for UAE by end of year

A clearing bank in the UAE could have a big impact on trade and investment in the Gulf

Deyaar announces $30.2 million in net profit for first half of 2016

The company will continue to strive to deliver the best in real estate.

Abu Dhabi and Dubai markets up in early trade

Emerging-market stocks rose to the strongest level in a year last week

Six GCC firms on BCG’s '100 Global Challengers' list

They have managed to maintain higher gross margins and revenue compound annual growth rate than many emerging markets such as Latin America and Africa, added the report.

UAE International Investors Council announces its partnership with the second Edition of UAE - India Economic Forum

It aims to join investment efforts of UAE companies investing abroad under one umbrella to form an investment power to strengthen foreign investment relations and support a sustainable economic development.

Brexit unlikely to affect Dubai real estate markets

As the most open real estate market in the Middle East, Dubai has always found itself more susceptible to external factors.

Weak pound creates bargain London property deals for Gulf buyers

That is the biggest annual decline in almost seven years prompted by Brexit uncertainty and tax hikes.

Draft to launch Turkish sovereign wealth fund sent to parliament

In the initial stage, a specific percentage of public funds and revenue will be allocated to create the main basis of the newly planned wealth management fund.

State-owned firms plan to raise fund from abroad

This is a diverse pool of fresh liquidity, which helps ease pressure within the domestic financial market.

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