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

Italian luxury brand sets up base in Dubai to target GCC

Tonino Lamborghini launches ultra-premium Antares phone

ASMA set to manage IDB's new $2bn fund

The $2 billion IDB Fund II, was unveiled on the 40th anniversary of the bank, IDB Group president Dr Ahmad Mohamed Ali announced.

Tonino Lamborghini Plots GCC Hotel And Retail Expansion

The luxury Italian brand's plans include flagship stores and more than one regional hotel.

Israeli Hedge Fund IT Co Financial Algorithms Reportedly Target of $4 Billion Takeover Bid

Financial Algorithms, an Israeli information technology company that creates trading algorithms for hedge funds, is the target of a $4 billion takeover bid from an unidentified foreign buyer,

Gulf Capital Wins Golden Award of Excellence in Corporate Social Responsibility

Dr Karim El Solh, Co-Founder and Chief Executive Officer of Gulf Capital at the Award Ceremony where Gulf Capital was awarded the Golden Award of Excellence in corporate social responsibility.

Malta: An ideal match for Shariah-compliant investments

Malta is increasingly perceived as an attractive gateway for Islamic finance, a sector which currently sees an annual expansion rate of 15-20% and has an estimated value of $2 trillion as at 2014.

GCC insurers' investment mix dominated by high-risk asset

Equity and real estate account for a material portion of GCC insurers

Kuwait real estate rebounds

Real estate sales values in Kuwait hit a record in April

Airbus to Launch Shariah-Compliant Aircraft Fund

Airbus will fund up to 10% of the total pot, which plans to raise up to $5 billion in equity and debt and will buy exclusively Airbus aircraft to lease on to airlines.

UAE Bank Warns That Dubai’s Property Market May Crash

The UAE Central bank stated in their annual financial stability report that there were no vulnerabilities within the banking system and there was no clear indication that any action would be required towards the real estate market.

KAMCO assigns Burgan Bank as placement agent for KAMCO Real Estate Yield Fund

The placement agreement seeks to strengthen and enhance distribution, facilitate registration procedures and explore various placement options to increase investors' reach in the fund.

UAE Exchange awarded 'Brand of the Year' by Superbrands

Voted as the strongest brand in the UAE Recognised as a Superbrand for the sixth consecutive year

Allfunds to target Singapore and Saudi Arabia

The exact date of Selant’s appointment in the Middle East will be announced shortly

Abu Dhabi exchange signs bonds listing, trading agreement

Abu Dhabi Securities Exchange has signed an agreement paving the way for bonds and other debt instruments to be listed and traded through the bourse, it said in a statement on Sunday.

Remit2India launches 24/7digital remittance services for UAE NRIs

UAE-based non-resident Indians may now use a locally issued credit card and bank transfers to transfer money to any bank account in India

QIB-UK offering real estate investment opportunities for premium clients in London

QIB-UK has assembled a team of Real Estate specialists to assist clients with real estate opportunities in the London market. The bank’s network gives interested clients early access to exclusive residential real estate opportunities.

QCB looks to be flexible with govt bond issues

The timing of local currency bond auctions would also depend on market conditions and policy goals

MetLife Directs Its Attention To The Middle Market

Wheeler called the numbers of uninsured and underinsured households a “huge white space"

Oman's residential property market tempts UAE-based NRIs

UAE-based non-resident Indian buyers are investing in Oman's residential property market.

RAKBANK launches $500m debut bond issue

United Arab Emirates-based lender National Bank of Ras Al Khaimah launched its debut $500 million, five-year debut bond on Tuesday after tightening the pricing

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