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

Abu Dhabi Capital Management voted UAE's top private equity fund

Alternative investment firm Abu Dhabi Capital Management has won the award for "Best Private Equity Fund" at the Banker Middle East Product Awards 2014

Formation Capital and Safanad ink agreement

Formation Capital and Safanad Limited today announced that they have entered into an agreement to sell a $1.05 billion healthcare real estate portfolio comprised of 43 primarily private-pay senior housing facilities and 37 skilled nursing facilities to No

UK fund manager eyes Qatar as hub for Gulf expansion

UK-based Hermes Fund Managers is eyeing long-term partnerships with businesses in Qatar both as asset managers and investors and also currently exploring ways to raise funds from the wider Gulf region.

American Express clinches $900 mln joint venture investment

To be be joined by Qatar Investment Authority

Alkhabeer Capital sells portfolio assets

The Fund acquired over 300,000 square meters of land in Makkah and engaged infrastructure contractors to develop the land according to its objectives and investment strategy.

GFH Capital placement of prime central London property oversubscribed

The placement was oversubscribed by investors seeking attractive opportunities in the UK real estate market.

Tullett Prebon launches new Alternatives Desk in Dubai

Tullett Prebon, one of the world¹s leading interdealer brokers, is pleased to announce that its Alternative Investments team has opened an office in Dubai to service the Middle East market.

Abu Dhabi Government and UAE Central Bank sign US$ 20bn refinancing agreements with Dubai Government

The Abu Dhabi Department of Finance and Central Bank of the U.A.E. today announced the signing of an agreement between Abu Dhabi Government and Dubai Government for refinancing of a US$ 10 billion loan

Qatar Investment Authority mulls US opportunities

The Qatar Investment Authority has a ‘high priority’ to make further investments in the United States

UAE lender ADCB to buy back further shares in 2014 - CEO

The emirate's third-largest lender by market value bought back 7 percent of its shares last year after it secured approval from the regulator for a 10 percent buyback last January.

US finds ample opportunities for investors in Dubai

Dubai has ample investment opportunities for American investors

Gulf Finance House start $3 bln development

The project will be one of the largest private foreign investments in the North African state, which has struggled to revive its economy since the revolution that toppled former President Zine El-Abidine Ben Ali three years ago.

Middle East Investors Ready To Spend Heavely On Art

Necessary market maturity and support infrastructure have increased the appeal of the Middle East’s art market, experts say.

Emirates Reit plans to raise Dh500m with Nasdaq Dubai IPO

Emirates REIT plans to raise at least Dh500 million in what would be the first initial public offering on Nasdaq Dubai since 2008.

UAE’s NBAD Picks Banks For Five-Year Aussie Bond-IFR

The lender has picked ANZ, Citigroup, HSBC and itself to arrange the Kangaroo bond.

Arqaam bulks up with Instrata Capital unit

Arqaam Capital, the specialist emerging markets investment bank, announces the acquisition of the infrastructure asset management business of Instrata Capital , the Bahrain based and regulated asset manager. The existing portfolio includes power generatio

Alternative Investments