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

Qatar-South Korea to become strong trade and investment partners

President Park of South Korea tour of the Middle East ended in Qatar where he met with Emir Sheikh al-Thani and most of their discussions focused on trade and investment.

Foreign insurance companies seek to resume cooperation with Iran

An Iranian insurance official says foreign insurance companies have called for resumption of cooperation with Iran.

Kuwait's real estate sales down for second month

Compared to the same month last year, however, sales were up slightly, by two per cent year-on-year, stated the country's top lender National Bank of Kuwait in its report.

Manchester City are about to strike it rich with a new £80million-a-year sponsorship deal

The Premier League champions, who are four years into a 10-year agreement worth £400million with the national airline of Abu Dhabi, are in the process of renegotiating the terms of the package.

Waha Capital wins “Corporate Deal of the Year” from Banker Middle East for its 1.1 billion Dollar hedging and financing deal

In 2014, Waha Capital experienced its most successful year since the company’s establishment

Jho Low eyed Taib Mahmud's cashpile, offered to bring in rich strategic investors from Mid East

The disappointment that came with not being able to swing RHB Bank Bhd to Kuwait Finance House in 2006 did not stop Jho Low from turning failure into an opportunity.

Banque Du Caire mulls resident offices in UAE, Saudi Arabia

Egypt's third biggest state-owned bank, Banque Du Caire studies the inception of two resident representative offices in UAE and Saudi Arabia in the coming phase.

UAE may invest in Pak’s gold, copper projects: Durrani

Islamabad looking to benefit from the UAE’s strategic location

DIFC bags the Ijarah deal of the year award at IFN Awards

The award was in recognition of DIFC Investments successful closure of its standalone Sukuk.

Dubai and South Korean sovereign wealth funds in landmark cooperation deal

Investment Corporation of Dubai (ICD), the government investment group, has struck a landmark deal with the sovereign wealth fund of South Korea to cooperate on financial opportunities around the world

Sedco Capital plans to start feeder fund

Gulf markets are increasingly on the radar screen of global fund managers after Qatar and the UAE were added to MSCI's emerging market index last May

UAE equities: elusive liquidity to pick up in second half

However, volumes won’t be comparable to previous year when the market was upgraded to an emerging market status by the MSCI

Kaloti opens Suriname’s first gold refinery

Dubai headquartered Kaloti Precious Metals, one of the world’s largest gold and precious metals refiners and trading houses, has officially opened the Kaloti Suriname Mint House at a ceremony held in the South American country of Suriname.

Central Bank to release notes written in Braille

Dh100 and Dh50 notes written in Braille to enable visually impaired people to recognise value

Mannai working on two foreign acquisitions

Foreign investment from the Gulf state is normally associated with multi-billion-dollar deals by the Qatar Investment Authority.

The 2015 AIMA Middle East Hedge Fund Summit to Convene Key Regional Investors with Global Industry Leaders

The Dubai International Financial Centre will be the sponsoring host of the global financial industry on March 31st, 2015 when it welcomes up to 300 delegatesto the premier regional conference held by the Alternative Investment Management Association (AIM

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