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

The chamber plans to increase the number of sector-specific business support groups to 100 by March 2023

The project will be developed on Reem Island

Aramco synergies, valuation are positives

Emirates is now Israel’s 16th largest trading partner

The company is planning to list on the Riyadh's small cap market

The Islamic index was seen gaining slower than the other indices in the main market, which saw no trading of treasury bills.

The integrated utility company enters into O&M at the water and power plant

Survey by WTW of 500 UAE businesses say a salary hike by 4.4% is doable

The company soft-launched in June 2022 bringing an alternative finance solution for SMEs to the Sultanate

Property portal identifies top locations that generate most attractive ROI

DNI forms partnership with Takalam to support customers with private and personalized online counseling experience

The Emirates targets 25 per cent of key markets for low-carbon hydrogen

Higher-end properties likely to be relatively insulated from rate increases, says Ubhar Capital

However, robust oil revenues will help shore up fiscal deficits, says Emirates NBD

Saudi has made more than 700 regulatory changes as it seeks to attract investors

The report further predicted that the two-way investments between the Middle East and Europe will drive record FDI levels in 2023.

The number of AXA’s clients in Egypt reached over 2.1 million at the end of 2022

Bank Muscat’s operating expenses for 2022 came at RO207.30mn as compared to RO191.46mn in 2021, an increase of 8.3 per cent.

Seoul's finance ministry said the $30 billion investment would be led by sovereign wealth funds, including Mubadala Investment Company.

The domestic institutions turned net buyers in the main bourse, which saw no trading of sovereign bonds.