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

Chinese investor spends $1.9 bln in Dubai property market

I think this is the beginning of a major wave of investment interest for major Chinese and other Asian investors in the Dubai property market

Qatar eyes investment opportunities in Italy

HH the Emir Sheikh Tamim bin Hamad al-Thani meeting with Italian Prime Minister Enrico Letta at the Emiri Diwan yesterday morning. Talks dealt with bilateral relations and ways to expand them. They also discussed a set of topics of mutual concern. The mee

Noor Bank's Capital-protected Investment Product Linked to Gold Delivers 16.5% Profit for 18-month Period

The capital-protected investment, linked to gold, is part of Noor Bank 's wide-ranging Islamic structured products platform

Dubai, Abu Dhabi Said to Complete Bourse Merger Due Diligence

Both companies are still considering how to progress after missing a previous deadline to complete the deal before the end of 2013.

Arqaam becomes Nasdaq Dubai equities trading member

Arqaam Capital has become an equities trading Member of NASDAQ Dubai, in order to offer its clients exciting new opportunities as market activity increases on the region's international exchange.

Qatar Investment Authority targets Limassol

The Qatar Investment Authority has shown interest into investing in property in the Limassol area, said Christodoulos Angastiniotis

IMF warns on Dubai real estate bubble

The projects could also create additional financial risks for Dubai

DFM net profit soars to $77m

Dubai Financial Market has posted a net profit of Dh284.6 million ($77.5 million) for 2013, as compared to Dh35.2 million in the previous year.

Middle Eastern Investor to acquire UK commercial real estate

We are thrilled to have been chosen by this Investor to assist them

Independent asset management company launches financial advisory services in Dubai

There is a growing demand for yield enhancing solutions in the Gulf Cooperation Council (GCC )and India

Shuaa’s Emirates Gateway Fund named best UAE Equity Fund

Shuaa recently said its Emirates Gateway Fund has been awarded by MENA FM magazine as the best performing UAE Fund in the category best three-year performance.

Dubai's real estate brokers earn AED1.8bn in 2013

The Dubai Land Department has announced that the total value of real estate brokers' commissions for 2013 totalled over AED 1.8 billion for all transactions.

SAR1bn injected into 12 insurance firms' reserves

Twelve listed insurance companies have allocated SR1 billion to boost their technical reserves

Luxury car maker delivers 46% MENA sales growth

The results exceed Jaguar Land Rover's global performance

Dubai Group signs $10 billion debt restructuring deal

Dubai Group has signed a $10 billion debt restructuring deal

Abu Dhabi wealth fund in ‘advanced talks’ to buy stake in iconic New York building

Abu Dhabi Investment Authority is in advanced negotiations to invest in New York’s renowned Time Warner Center alongside the Singapore sovereign wealth fund GIC.

QNB Group records QAR9.5bn net profit for 2013

The Group's prudent cost control policy and strong revenue generating capability allowed it to maintain an efficiency ratio (cost to income ratio) of 20.4 percent, which is considered one of the best ratios among financial institutions in the region.

Dubai Debt Deal Imminent – Bankers

The emirate was one of the first issuers from the Gulf in 2013 with a dual tranche 10-year sukuk and 30-year conventional note

Emaar set to launch sales at new Dubai development

Lila will feature 219 villas in five different types, ranging from three to five-bedrooms, each with private plots for gardens and outdoor decks.

Qatar Holding acquires stake in Vente-Privée

Qatar Holding, the global investment fund controlled by Qatar Investment Authority, has acquired a minority stake in the French e-commerce company.

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