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

DIFC successfully concludes Dubai Week in China

DIFC will serve as an ideal platform in supporting the progress of China’s growth

HSBC, BNP said pitching again for $5bn Abu Dhabi financing

It’s the third time since the company’s formation in 2008 that it has sought to hire a financial adviser for the project, without appointing anyone, according to the people.

Jordan Insurance Company participates in Soccerex Asian Forum for second consecutive year

Jordan Insurance Company recently concluded its participation in the 2015 Soccerex Asian Forum, which was held on May 3 and 4 at the King Hussein bin Talal Convention Center, overlooking the Dead Sea.

AXA gets Regulatory Initial Approval to enter Egypt Insurance Market

Egypt's market regulator has given a preliminary approval to set up an Egyptian arm for the France-based leading insurer Axa

Sukuk Returns to Qatar

Masaraf Al Rayan may bring sukuk sales back to the Gulf nation

VTB Capital Said to Close Dubai Equity Trading as Sanctions Hit

VTB cut the number of staff at its Dubai office by more than half from a peak of about 15 bankers, said one of the people, asking not to be identified because the information is private.

Knight Frank expands reach with opening of Saudi Arabian office

Knight Frank has announced the opening of their Riyadh office for Saudi Arabia.

Ministry of Finance announces Oman's debut sovereign sukuk

Oman's Ministry of Finance (MoF) announced the proposed issuance of the country's first sovereign sukuk on Sunday

Saudi Arabia prepares to open market to foreigners

Largest market in the Middle East will open to non-domestic investors in June

Floating Seahorse set to make waves at Gulf Property Show

Among international properties on show at tomorrow’s Gulf Property Show in Bahrain is The Floating Seahorse.

Crowdfunding pioneer sees Israel’s best tech days ahead

Jon Medved, set to be honored for his contributions as an immigrant to Israel, is bullish on his adopted country

Key angel investors regional HQ boost

Tenmou chairman Sami Jalal said the number of angel investors at the summit has doubled, which underlines the success and the tangible value it provides to participants.

Association launched for foreign investors

An association that aims at enabling private investors from abroad to contribute to the kingdom's economic development was launched yesterday.

CBB Sukuk Al-Ijara Fully Subscribed

The Central Bank of Bahrain announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been fully subscribed by 100%

Bank Hapoalim says its Turkish bank gets takeover approach

Turkish newspaper Hurriyet said last week that Hapoalim had plans to sell its majority holdings in Pozitif

Saudi Arabia to foster sukuk market as stocks open to foreigners

Opening its US$568 billion stock exchange to foreigners for the first time may be the push Saudi Arabia needs to boost its sukuk market.

Saudi Arabia's Alkhabeer Capital launches Islamic investment advisory for awqaf assets

Saudi Arabia-based Alkhabeer Capital said on Monday it had launched an advisory service for structuring and managing the assets of the Islamic charitable foundations known as awqaf

Dubai FDI targets Chinese investors at Dubai Week in China

Investment development agency will showcase Dubai's strengths on enabling business and innovation at 'Dubai Week in China'

DIFC signs MoU with National Bank of Kazakhstan

National Bank of Kazakhstan is set to collaborate with Dubai International Financial Centre

Saudi Arabia: ‘meaningful’ foreign interest to come post MSCI inclusion

The Saudi Tadawul index has been the best performer in the region, with gains of more than 18.5 per cent so far this year

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