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

Commercial Bank of Dubai plans $750m Tier 1 bond

CBD’s tier 1 ratio — regarded as one of the key indicators of a bank’s health — stood at 16.67 per cent at the end of first half 2015

Dubai World Islands to get luxury Bentley villas

What’s On has details of fancy new Bentley villas landing on Dubai World Islands next year.

Dubai property to remain attractive to Chinese buyers despite domestic slowdown

Indeed, property prices in the emirate remain “very reasonable” for Chinese investors compared to their home markets

Doha Bank sold record 740kg gold in first seven months of this year

Doha Bank is one of the few banks authorized to import gold in Qatar and offers gold bars and mint coins to its customers at a competitive price.

Khaleeji Commercial Bank Signs Agreement with T'azur Islamic Insurance Company

The agreement aimed to provide Comprehensive and Third Party insurance services for vehicles, property, travel and tourism including other personal insurance products at KHCB 's branch in Budaiya.

GFH gets regulatory nod to acquire treasury shares

As per the approval, the GFH can execute the acquisition anytime before 90 days

UAE’s $75bn infrastructure fund comes at the right time for India

Investment of this magnitude is much needed and will ultimately improve the prospects and living standards for millions of people.

Orient Takaful Insurance to boost investment portfolio June 2017

Orient Takaful Insurance Company has obtained total volume of return on investments estimated at 27.9 million Egyptian pounds

BDA advises Seera Investment Bank on the divestment of Kosan Crisplant

BDA acted as the exclusive financial advisor to Seera and the other shareholders on the transaction.

Saudi, UAE economic growth forecasts cut for 2016

That suggests oil output could be flat or even slightly lower next year

Emirates NBD and Abu Dhabi National Insurance Company launch Protect Plus

Protect Plus covers individuals in the unfortunate event of death or disability and includes key supplemental related benefits such as involuntary loss of employment, critical illness and hospital cash benefit.

Dubai property roulette mauls Amlak as analysts say told-you-so

Amlak, which is 45% owned by Dubai’s flagship real estate developer Emaar Properties, was rescued by the government in 2008

Cloud of Mystery Hangs Over Saudi Bond Issue

Before June’s bond sale, the kingdom hadn’t issued securities with a maturity of more than 12 months since 2007.

Investment issues: Focussed platform for UAE in the offing?

Modi assured investors on Monday that he will send commerce and industry minister Nirmala Sitharaman to resolve the problems being faced by them while investing in India.

UAE Exchange bids for finance company Dunia: sources

Shareholders of Dunia are said to be targeting three times book value, which would give the company a price of more than 2.5 bln dirhams $680 mln

Fortress Prime Confirms Clients Withdrawal Delays

Withdrawal issues are likely to emanate from operational banking difficulties rather than liquidity problems.

Cluttons appointed to launch new luxury living experience at Lagoona Beach Luxury Resort & Spa Residences in Bahrain

The appeal of the residences is that they offer a stylish solution for tenants seeking convenience

The Rise of Crowdfunding in the Middle East

Middle East crowdfunding platforms are springing up across the Internet. Are they really a viable alternative to traditional SME financing?

ArthVeda launches $250 million real estate fund focussed on India

Offering GCC investors an opportunity to reap dividends from India’s mid-income residential real estate growth, global asset management firm ArthVeda Fund Management today launched STAR Fund II with a corpus of $250 million.

Centaur Group Finance Launches the 'Centaur Natural Resources Bond 3'

The listing agent for the Bond is Cohort Ltd.

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