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

UAE bank to buy $122.5m SME loan portfolio from Mubadala GE

The portfolio, which comprises loans to small and medium-sized enterprises in the United Arab Emirates

"AlKhair Capital" The first Saudi Investment Institution to Receive a License to Operate from Dubai International Financial Centre

AlKhair Capital Saudi announced that it has opened an office at the Dubai International Financial Centre, following approval from the Dubai Financial Services Authority for a Category 4 license that allows AlKhair Capital Saudi to operate as an authorized

KFH-Bahrain backs key forum

The international body that formulates standards on accounting, auditing, ethics, governance and Sharia for the international Islamic finance industry.

Gold retail investment up 31 per cent in 2013, jewellery up 18 per cent

Thomson Reuters has published its Gold Survey 2014 results.

London retains edge with Middle East investors

London taking 23 per cent of the entire European capital flow

EDB seeking to boost South Korea trade ties

Bahrain and South Korea have established strong economic and diplomatic ties since the reopening of the South Korean embassy in Bahrain in 2012.

Abu Dhabi fund get involved in Spire sale process

Abu Dhabi’s sovereign wealth fund is backing one of the bids put forward for the acquisition of Spire Healthcare.

Qatar, South Korea look to deepen market ties

Qatar and South Korea yesterday explored opportunities for investments and co-operation in the capital markets as part of their efforts to achieve common goals.

First Gulf Bank Launches Inaugural Negotiable Certificate of Deposit Programme in Singapore

First Gulf Bank, one of the leading banks in the UAE, has concluded the creation of a Negotiable Certificate of Deposit programme, delivered by its Singapore Branch, serving as its Asia Pacific hub.

Abu Dhabi Global Market chief sounds cooperative note on DIFC

Established in 2004, the DIFC has attracted representatives from the world’s leading investment banks

Dubai Properties to have extended remit

The impression is that Dubai Properties will be getting busy through the rest of the year with new projects.

Dubai-Based Dutco Group Of Companies Claims First Middle East Investment In Maldives Leisure Industry

The investment does not just end with the purchase of the Resort

First Gulf Bank PJSC : hops aboard the fast-growing life insurance bandwagon

UAE banks continue to tap the fast-growing life insurance sector to boost earnings

Dubai Real Estate Deal Values Up 38% In Q1 2014

The emirate recorded sales activities worth Dhs31.5 billion and mortgage transactions worth Dhs28 billion in Q1 2014, the land department says.

FGB launches innovative "Insta" life insurance product suite

Customers can enroll in any of the two new products

Turkey seeks Gulf investment at summit

Turkey privatized assets have been estimated at nearly US$60 billion

Qatar Investment Executive Said to Start Hedge Fund

The fund will be one of relatively few based and focused on the Middle East, with offices in both Qatar and Dubai. Goldman Sachs is expected to act as its prime broker.

Murabaha inks deal with Saudi-Kuwaiti Finance House

It is worth noting that Murabaha Company is one of the high profile companies

ADS Securities the region's leading independent forex brokerage

The award was presented to Philippe Ghanem, Managing Director and Vice-Chairman of ADS Securities

Union National Bank Finances Marina Sunset Bay Project in Abu Dhabi For NIC

Union National Bank, one of the leading banks in the UAE, has concluded the financing arrangement for AED 600 Million, for the development of National Investment Corporation 's Marina Sunset Bay Project at the scenic Marina Break-Water Area in Abu Dh

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