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

Dubai Investments to Expand

The new real estate company will be a great addition to our portfolio

Gulf Arab states may need to rethink policy -Qatar c.banker

Gulf Arab oil states may need to rethink longstanding economic policies, including their fixed exchange rates.

UAE Fund ADFG Targets $100m Finance Buyout By June – CEO

It would be the third purchase by the privately-owned investment firm in the non-banking financial services sector in recent months.

Jurys Inn sold to US investors for £680m

Hotels chain snapped up by Lone Star Funds

Ex-Damac senior exec to head new UAE real estate firm

He announced the appointment of former Damac Properties executive Nahid Dabirchian as general manager of Omega Real Estate.

Opportune time for corporates to issue sukuks in UAE

Falling oil prices may prompt governments to reduce their deposits in banks, thereby crimping liquidity in the system

Dubai property investments surge

The appeal of Dubai property is far-reaching, with the figures recording that non-Arab investments in 2014 amounted to over 64 billion AED across 29,098 separate purchases.

Turkish investors can help benefit from quota and tariff free access to US and EU market

Public diplomacy and Regional Future Financial Investment News.

Bahrain Development Bank and Arab Business Leaders signed a Memorandum of Understanding

The MOU outlines the basis for the both parties' future collaboration.

Kier lands £145m in Middle East contracts

Kier Group has secured over £145m of new construction contracts in the Middle East since the start of this year

Catholic Syrian Bank likely to go public next fiscal

The IPO is expected to collect at least Rs 300 cr and would be opened during the April-June period

Qatar boosts Middle East M&A to $22.7 billion at highest level in 2014

That deal has not so far been completed and some major shareholders in Songbird are still evaluating the offer.

Indonesia property market lures growing Gulf attention

A Middle East firm that now is contemplating its first foray into the Indonesian property market is Abu Dhabi-based Tasweek Real Estate Development & Marketing.

Qatar boosts Middle East M&A to highest level since early 2008

The calculation includes a $9.1 billion offer for Songbird Estates, owner of London's Canary Wharf financial district, by Qatar Investment Authority and U.S. investor Brookfield Property Partners.

First Finance Company wins Best Personal Finance in Qatar

First Finance Company, a subsidiary of Barwa Bank Group, has been recognised in the Banker Middle East Qatar Product Awards 2014 for “Best Personal Finance”.

Ithraa to lead Omani trade team to Tehran

Iran remains an attractive target for Omani businesses

Abu Dhabi property set to show steady growth in ’15

Residential apartment values demonstrated strong capital appreciation during 2014 ranging between 11-35 per cent with an overall average increase of 21.6 per cent.

Oman Housing Bank collaborates with Bank Nizwa to create Islamic Property Finance Solutions

As a direct result of the increasing demand by Omani nationals for suitably Islamic services the CEO of Bank Nizwa, Dr. Jamil El Jaroudi, and the General Manager of OHB, Adnan bin Haider Darwish, have collaborated to offer alternative Shari’ah compl

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

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