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

Motivate announces shortlisted nominees for prestigious Gulf Business Industry Awards 2014

At Gulf Business, we have always strived to recognise the contribution of businesses across the UAE

Al Rajhi Capital Launches First Sukuk Fund

Al Rajhi Sukuk Fund is targeted to be an attractive proposition for individual and institutional investors

Egyptian Arab Land Bank braces for its first real estate fund

The bank is currently studying a number of bids from investment banks so as to manage the issuance of EALB 's real estate fund

Mobily Partners Silicon Valley Accelerator to Invest in Startups

There is a lot of talk and talk is cheap

Dubai Lender ENBD To Announce Plans For Tier 1 Bond Monday

Following a series of investor meetings, ENBD aims to complete a U.S. dollar-denominated bond offering of benchmark size

Dubai’s Property Market Booming On Safe Haven Status – Senior Banker

Dubai’s property market and the wider UAE economy have benefitted immensely from the safe haven status that the country offers within the region

Saudi Arabia's bourse hits new six-year closing high

I think that convergence is happening now

Ziraat To Found Own Participation Bank

The bank, which will have a different name to Ziraat, will be managed by the Treasury

$99 million Arabic palace to be auctioned at Christie’s in Dubai

Christie’s International Real Estate is also set to open new offices in the Middle East, starting in Dubai in October

Overseas Investors Line Up for London Office Buildings

Demand for the Gherkin, HSBC Tower Underscores City's Property Boom

Dubai’s SWF to form investment alliance with Korea

ICD is very pleased to be entering into this venture with KEXIM

Corpbank looks to Oman for restructuring

The Bulgarian National Bank is in a state of total passivity on the case of Corpbank

Bahrain's Investcorp eyes $1.43bn deal to sell US-based firm

Private equity firm Oak Hill Capital Partners said it would buy container maker Berlin Packaging for $1.43 billion from Bahrain-based investment firm Investcorp Bank BSC.

Qatar requests return of USD3bn deposit from Egypt

The central bank is prepared to pay the deposit value in two installments in October and November, which may drive the country's foreign currency reserves down, the official told Almasry Alyoum.

Bahrain Investment Market to create a platform for SMEs

Initiative to attract venture capital and private equity

Alkhabeer Capital and USAA Real Estate Co. make acquisition of US real estate assets

Alkhabeer Capital together with its investment partner, USAA Real Estate Company have announced the acquisition of Lake Pointe Center III and IV

Integrated Alternative Finance arranges AED 35 million acquisition loan for regional investment fund

UAE-based Integrated Alternative Finance (IAF), a subsidiary of Abu Dhabi Financial Group (ADFG), has arranged a AED 35 million loan facility for a European-focused investment fund for the acquisition of two plots of land in Eastern Europe.

NBAD MENA income and growth fund delivers 2.40% semi annual dividend

There is very little in terms of driving the market, and very little in terms of news flow

Dubai’s Atlantis, The Palm Set To Refinance $880 Million Loan

Despite a more bullish market in the UAE it is unclear whether Atlantis would be able to reprice its loan as easily as expected.

Dubai eases fund manager restrictions

The amendments to the 2006 Collective Investment Rules (CIF regime) creates a new category of asset manager known as a Qualified Investor Fund (QIF), which will be made available to professional investors.

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