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

Net profit for first half of the year up by 91%, supported by strong revenues

The Arab individuals’ weakened net buying had its say in the main market, which regained from an intraday low of 10,189 points.

Here's what makes it the most expensive residential property ever

New venture is still in the ‘negotiating stage’

Green bonds are expected to continue driving regional issuance over the next 3 to 5 years

This pioneering initiative, in line with the Kingdom's 2030 goals, marked a significant step toward sustainable transportation solutions

Total Income for the period was AED 3.00 billion

Stronger cash generation bolsters liquidity and credit metrics of Dubai developers

Emaar Development’s net profit for the first nine months of the year touched Dhs4.1bn ($1.1bn)

Current revenue by the end of the 3rd quarter of 2023 slightly increased

The group’s assets edged up by 3.3 per cent to reach Dhs235.6bn, compared to Dhs228bn a year earlier

The IPO pipeline for Q4 2023 and into 2024 remains 'promising'

The SPAC raised Dhs1.1bn of growth capital, including Dhs734m from the previously announced PIPE transaction

Its holding in Monument rises to 16.93% as DI doubles down in financial services space

Property owners nearing end of their fixed-term rates should think of switching

Villa rentals outpaced apartments in terms of growth

He also expected an increase in the rate of transactions in the fourth quarter of this year

The week and only two sessions before the monthly closings.

The World Gold Council’s Q3 Gold Demand Trends report reveals

PIF makes two major announcements to support Saudi Arabia’s asset management industry at its inaugural Asset Management Forum at FII7