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

NetJets Europe strengthens focus on providing turnkey solutions to meet growing demand for private aviation services in the Middle East

Company to target high net worth and corporate customers in the UAE, Saudi Arabia, Qatar and Turkey

Lebara Launches New MVNO Service in Middle East

Lebara, a leading European mobile telecoms operator for migrant communities, has today announced the launch of its MVNO service in the Kingdom of Saudi Arabia (KSA).

Qatar fund invests $150 million in Flipkart

Middle East sovereign funds have been looking at India's e-commerce sector for a while.

Flipkart Closes USD 150M in Funding from Qatar Investment Authority

QIA is a new investor in Flipkart, which valued the company at around USD 11 billion. It has also made investments in companies like Tiffany, Barclays, Credit Suisse and holds a USD 1.2 billion stake in Indian mobile phone carrier Bharti Airtel.

Qatar Investment Authority picks up $150 Million stake in Flipkart

A new report in Times of India has now claimed that Qatar-based QIA has picked up a huge $150 Million stake in India’s largest ecommerce venture, Flipkart.

WNS to Manage Trade Finance and Credit Operations for Commercial Bank of Dubai

WNS Limited , a leading provider of global Business Process Management (BPM) services, today announced its partnership with Commercial Bank of Dubai

DP World wins 'Best Company for investor relations in the Middle East'

IR efforts recognized with three further accolades at the 6th Annual IR Conference and Awards Ceremony

Macedonia seeks Saudi investment

Stressing the depth of trade relations between the two countries, Al-Zamil said the two parties should identify viable trade opportunities in the two countries.

Investors criticise Egypt's handling of tourism industry

Tourism investors have criticised the ignorance of the Egyptian government's handling of the industry in the Sinai Peninsula, incuding Taba, Nuweiba and Dahab.

BNY Mellon Appointed Delegate, Paying Agent For Dubai's DIFC Investments Sukuk

Bank of New York Mellon Corp. an investment management and investment services firm, Monday announced that it has been appointed delegate, principal paying agent, registrar and transfer agent for a Sukuk launched by DIFC Investments LLC.

Restructuring in progress

Qatar's takaful (Islamic insurance) market is small compared with neighbouring countries such as Saudi Arabia and the UAE but has been in fast forward motion in view of its exponential economic growth in the last few years.

QNB signs partnership agreement with Savills

Commenting on the partnership, Heba Al-Tamimi, General Manager Retail at QNB Group, said: “A reliable and expert real estate advisory service is what the affluent investor expects.

Doha Bank CEO honoured with ‘ABLF Business Economist Award’

Doha Bank Group CEO Dr R Seetharaman has received the Asia Business Leadership Forum “Business Economist Award” during the ABLF Leadership Weekend 2014 held from December 13 to 14 at the Armani Hotel in Burj Khalifa, Dubai.

Dubai Investments Looks to Cash In On Growth

Dubai Investments plans to exit some of its businesses as Dubai’s economy accelerates at the fastest pace since 2007

Gulf Capital to help Amana Healthcare with expansion

The investment has been made with a view to either divestment or an IPO in the future, said Mr Cherif, giving no details as to the timings of such a move.

Qatar firm buys 50% of legendary London hotel

Katara Hospitality Co purchased its share of the hotel, formally known as Fairmont Hotel

Region's finest talent in accountancy and finance recognised

The region's best and brightest in accountancy and finance were celebrated last night at the fourth annual Middle East Accountancy & Finance Excellence Awards.

Fujairah anticipates increased trade between UAE and Saudi Arabia

The Port of Fujairah is located at the crossroads of major shipping lines between East and West which has allowed Fujairah to become the second largest bunkering port in the world serving an Anchorage which had 13,493 calls in 2013.

John C Tsang, Financial Secretary of Hong Kong, rings bell to celebrate listing of Sukuk valued at AED 3.67 billion on NASDAQ Dubai

Mohammed Al Gergawi: Hong Kong's Sukuk strengthens Dubai's position as global Capital of Islamic Economy

UAE's First Gulf Bank looks to Asia for expansion

It's not about flag planting, but about joining up trade and finance

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