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

Saudi plan to open stock market to foreign investors at ‘advanced’ stage

Saudi Arabia’s plan to open its stock market to foreign investors is at an “advanced” stage, and the kingdom has already received substantial interest from overseas

Doga to launch Turkey's first Islamic insurance product

Turkey's Doga Group plans to enter the takaful, or Islamic insurance, market in the coming months with what would be the country's first such product.

Egypt turns to Europe for investment

We are building this economy on structural reforms, and not to continue on the aid

London mayor expects ‘spacecraft full of bullion’ from Arabian Gulf to land in his city

There’s lots going on

Tanmiyat Global inks partnership with Amlak Finance

Tanmiyat Global has announced an agreement with Amlak Finance to provide mortgage services for its Living Legends development.

Demographic dividend 'to drive growth in Bahrain...'

The GCC has some of the strongest fundamentals in any region of the world, said Dr Kotilaine during the opening panel discussion at the 4th Euromoney GCC Financial Forum yesterday.

Dubai developers out to prove a point in London

Dubai realty exhibition gives them a chance to bring back overseas investors

GCC insurance industry value triples - premiums increase to $18.4 billion

Regional and international Bancassurance and insurance experts have gathered in Dubai today to discuss the impact of changing regulations, market trends and projections on driving profitability in the Middle East’s Bancassurance sector

Fine art of finance with Emirates Investment Bank chief

Art is an investment, and it’s also part of our corporate social responsibility programme

Arzan Wealth Acquires $127 million Office Campus in Raleigh, North Carolina, USA

Arzan Wealth Limited, a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that it has advised a consortium of investors on the $127,000,000 acquisition of the global headquarters building of Lenovo&r

Dubai's Abraaj buys stake in Turkish online retailer

No purchase price or stake size was given in the statement, which said that Abraaj would also invest in Evmanya and Altincicadde, furniture and home accessory subsidiaries of Hepsiburada.

DFM signs agreement with Korea Securities Finance Corp

This would provides a general framework for areas of cooperation aims as it aims to strengthen collaboration between both sides in the capital markets

MidEast investors lined up for $500m Madame Tussaud's building

Real estate agency CBRE was in the Middle East last week meeting potential buyers for the London building contains the Madame Tussaud’s waxwork museum, which is on the market for more than $500 million.

Abu Dhabi fund pays Marriott $230m for Miami hotel

Marriott retains a long-term management agreement for The Miami Beach Edition, which has a total of 294 guest rooms and suites.

New lifeline for stalled projects in Bahrain

Stalled residential projects that have blighted Bahrain's landscape for years will be given fresh impetus under new government plans.

Aramco seeks Dh36.7bn bank loan

Revolving credit facility may close by end-February

Dubai's ruler backs major real estate projects

Sheikh Mohammed also launched three other development projects to be undertaken by Wasl Asset Management

Dubai’s Arqaam Capital Sounds Out Advisers Ahead Of Flotation

Arqaam has offices in five countries in the MEA and offers brokerage, asset management and corporate finance advisory services.

Kuwait's Investment Dar confident about debt-for-assets deal

It is the latest attempt by Investment Dar to pay off creditors after sinking into debt problems during the global financial crisis.

Standard Chartered signs deal with Marhaba

Mr Bose said the agreement with Marhaba enabled the bank to meet another critical need of its customers.

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