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

Al Ramz Capital ranked UAE's top financial services firm in 2014

Al Ramz Capital, the UAE's leading financial services firm, emerged on top of the UAE markets in 2014

M&A trends in the Middle East

Deal-making in the Middle East is on the rise. Consumer confidence is improving, credit is more readily available, and capital markets are maturing

Lord mayor of the City of London sees Qatar relationship as strong, deeply rooted

We are the largest international financial centre in the world and we have to be up with curve of development of new products, and we think that the Islamic financing market is potentially a very exciting one and we want to make sure that we are involved.

RSA Said to Work With UBS on Possible Sale of Middle East Unit

RSA continues to review options for its Middle East business, the insurer said in an e-mailed statement, adding that no decision is imminent and the company is not in discussions with any interested parties.

Mayur Hedge Fund returns 61% in 2014, outperforming the benchmark by 30%

An India focused fund managed by Global

Dubai's Emaar says banks slash interest rate on $500 mln loan

Dubai's Emaar Properties has agreed with banks to slash the interest rate on a $500 million syndicated loan, the developer said, in the latest example of a local company winning a cut in funding costs from cash-flush bank lenders.

Bristol Rovers chairman Nick Higgs takes search for investment to the Middle East

Bristol Rovers chairman Nick Higgs has taken his search for fresh investment to the Middle East.

al khaliji launches a media campaign to support SMEs through Al Dhameen program

Al Khalij Commercial Bank (al khaliji) Q.S.C., next generation bank, launched a media campaign for Al Dhameen Guarantee Program

Dubai World agrees on $14.6 billion debt deal

Experts and analysts welcomed the move and said the four-year extension in debt period will help the government to balance its long-term liabilities comfortably.

BDO ties up with UAE bank for money transfer business

This benefits recipients of remittances from Overseas Filipino Workers stationed in various parts of the United Arab Emirates, including Dubai and Abu Dhabi.

Dubai’s Damac jumps on first trading day on DFM

Damac Real Estate soared to its maximum price cap this morning on the developer’s debut on the Dubai Financial Market exchange

Alexbank Launches Bank assurance Program with MetLife Alico

The partnership between MetLife Alico and ALEXBANK is unique

Noor Bank rolls-out brand campaign in January 2015

Noor Bank launched a new month-long television commercial, starting 1 January 2015, as part of a major brand building initiative to coincide with the bank’s seventh anniversary celebrations.

India’s Sage Capital targets $1b fund in GCC, Africa

India based Private equity firm, Sage Capital said it is currently working with reputed institutional investors from across the world to launch a $1 billion fund

Egypt to offer 42 projects to investment banks to launch during Economic Summit

The government has planned approximately 40 investment projects at local investment banks to be offered during the Economic Summit scheduled in March, Minister of Investment Ashraf Salman announced at a news conference held in Cairo Sunday

Turkey's Bank Asya sells Tamweel Africa Holding stake

Turkey's Bank Asya has signed a deal to sell its 40 percent stake in Tamweel Africa Holding to the Islamic Corporation for the Development of the Private Sector for 31.8 million euro

Emerging markets including DFM advance on crude rally

Emerging market stocks, including the Dubai Financial Market and the Abu Dhabi Securities Exchange, rose on Thursday

Middle East's super wealthy eye superyacht ownership in build-up to annual Dubai International Boat Show

Superyacht Builders Association: Region's Ultra-High Net Worth Individuals Have Highest Propensity in World For Superyacht Ownership

Expert calls for a new investment view on Islamic economies

A call for new thinking on investment in the growing Islamic economies has been made

Qatari Diar Transfers Al Khaliji Stake To Qatar Investment Authority

Diar, which had been Al Khaliji's largest shareholders, moved 61.9 million shares in Qatar's sixth-largest bank to QIA.

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