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

Mövenpick Dubai sold by Alwaleed's Kingdom Holding for $95m

Dubai-based Kingdom Hotel Investments, a subsidiary of Saudi Arabia's Kingdom Holding Company, has sold its 100 percent interest in Movenpick Hotel and Apartments Bur Dubai.

Saudi Arabia plans to open stock market to foreign investors in April

Saudi markets regulator has informed London-based brokers and fund managers of the timeline.

Mergers and acquisitions boom in Middle East

Cross-border mergers and acquisitions set to accelerate after a vibrant 2014

KFH Wins Gold Medal Award Of Excellence And Quality

Award Recognizes Bank’s Achievements In Service Quality, Customer Care: Al-Nahedh

Batelco and BBK sign partnership agreement

Batelco and BBK have signed a new partnership agreement that will benefit customers of both organisations

In 2015, Middle East to see rising interest in Exchange Traded Products

Currently there are about 6 Exchange Traded Products from the Middle East traded in the United States

Abu Dhabi SWF to Invest $500 Mil. in Korean Value Stocks

The Abu Dhabi Investment Authority will invest US$500 million in Korea’s value stocks.

CPI Financial: KFH Best Islamic Bank in the World

He indicated that KFH spares no effort to maintain its leading position as the best and largest Islamic bank

Dubai’s FDI connects with potential investors in major European cities

Businesses and investors in key financial and industrial centres across Europe got an overview of the existing and emerging economic opportunities in Dubai as the Dubai Investment Development Agency

FNB merge with CFH to attract investments

First National Bank and Corporate Finance House have merged their operations in a bid to increase their market share and attract foreign capital and investments.

Sobha Group signs deal with Doha Bank

The $500m facility was arranged by Doha Bank with a five-year tenor and will enable Sobha Group to fund its expansion plans in Dubai

Why Saudi Arabia may actually boost spending in 2015

At some point later on this week, the 2015 Saudi budget will be posted on the website of the Saudi Arabian Monetary Agency, the kingdom’s central bank.

Kuwait Finance House auctions real estate fund properties

Kuwait Finance House has succeeded in selling the properties held by the Baitek Real Estate Fund, comprising 68 commercial and investment properties in a public auction.

Tehran, Abu Dhabi to expand banking cooperation

Iran’s Melli (National) Bank CEO and the Head of Central Bank of the UAE met and discussed banking cooperation today.

NetJets Europe strengthens focus on providing turnkey solutions to meet growing demand for private aviation services in the Middle East

Company to target high net worth and corporate customers in the UAE, Saudi Arabia, Qatar and Turkey

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