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

Research, Comment and Analysis

UBS Investor Sentiment survey: Cash holdings remain high but UAE investors plan to buy stocks

Top concerns for UAE investors are COVID-19, closely followed by worries about long-term competitiveness and raising interest rates

Research, Comment and Analysis

Workforce Strategy Diagnostic

Research, Comment and Analysis

Employment Reorganisation Roadmap

Research, Comment and Analysis

COVID has worsened inequality even as the rich thrive: Oxfam

Research, Comment and Analysis

Predictions and Hopes for 2021 by Gary Dugan

On the Move

Mohamed Serokh new leader of Deloitte's Transfer Pricing practice

KPMG Advisory flies in former Emirates consultant Sheila Nazareth

Lootah Real Estate Development appoints Chief Executive Officer

Saudi Arabia appoints new minister of economy and planning - SPA

Bernhard Hartmann joins Partners in Performance in Dubai

Booz Allen promotes Nans Mathieu and Ziad Nasrallah

Legal, Tax, Regulation & Compliance

Saudi businesses must submit excise tax returns before May 15

KPMG renews commitment to Special Olympics in the region

Bank Muscat encourages customers to use digital channels to transact safely

Al Rayyan municipality tops in building permit issuance in April

Qatar freezes assets of six citizen businessmen

DIFC Courts boosts 'paperless' mission withadoption of electronic seal 'Ethaq'

Retail Banking

Israel's Bank Hapoalim first quarter profit jumps on reversal of loan loss provision

Bank ABC announces Q1 2021 results

Bank of Bahrain and Kuwait B S C : BBK participates in the Danaat Al Baraka road-show with special offers to finance through “Mazaya”.

Ithmaar Bank announces first quarter profits, continues customer-focused growth

KFH to offer round-the-clock digital banking services during Eid

NBK launches business concierge service

Alternative Investments

Top list: 7 mega projects in Dubai, Abu Dhabi to watch out for

Reduction in Q1 Saudi budget deficit due to capex cut - analysts

UAE Trade Connect launches digital trade platform

SICO reports BD 1.2mln net profit for the first quarter of 2021.

Global Finance names Bank ABC's ABC Labs as one of the world's best financial innovation labs

Invest in Dubai registrations top 5,700 since launch

Wealth & Asset Management

HSBC issues first green mortgages in the UAE

Quilter Cheviot celebrates fifth anniversary in Dubai

Citi retail units seen fetching $6bn as sales kick off

GCC Family Offices, engaging in direct investment Private Equity deals really means finding the right partner.

Qatar Financial Centre Authority signs MoU with Labuan IBFC Inc enhancing

Wealth firm launches in Dubai under DFSA rules

FinTech

Turkey begins digital currency transactions over $1200

Bahrain cbank in tie-up for digital currency settlement

Mambu and the UAE’s digital banking journey

World Bank and Arab Monetary Fund to discuss financial technology

Innovation in Retail Banking to Prepare for a Post-COVID World

QIB is 1st bank in Qatar to launch AI virtual assistant ‘Zaki’

Islamic Finance

ADIB registers profits in Q1

Bahrain: GFH Financial Profits Up 217%

Al Baraka Banking B S C : Group records a net profit of US$ 26 million attributable to shareholders, for the first quarter of 2021

Kuwait Finance House Introduces Digital Wallet Service, Supported via Smartphones with Assistance from Samsung, FitBit, Garmin

Ajman Bank launches its first dedicated wealth management branch in Dubai

World's Best Islamic Financial Institutions 2021

Research, Comment and Analysis

World Bank: Saudi Arabia among biggest sources of remittances in 2020

Bahrain-origin exports surge 59% to $778mln in April

Loan demand in UAE makes remarkable recovery in Q1

UAE banks better positioned, thanks to economic recovery, high oil prices

Luxury labels Karl Lagerfeld and Bally go direct to UAE shoppers with own online stores

How Saudi Arabia is likely to fund its Vision 2030 ambitions

Investment Bank

SAIB Bank posts profits in Q1

Doha Bank wins ‘Best Trade Finance Award’ for the third time

SABB reports profit of SAR 970 million

HSBC to Standard Chartered predict demise of business travel for bankers

Markaz wins Kuwait's 'Best Investment Bank' for 2021

World’s Best Investment Banks 2021: M&A

Covid-19

DHA announces reducing quarantine period for certain COVID-19 and close contact cases

Pandemic speeds up UAE’s transition to cashless ecosystem

Ten Ways Covid-19 Has Changed the World Economy Forever

COVID-19 sees 36,447 new online stores launched in Saudi Arabia

Economic outlook improves; UAE, Bahrain to get a boost from COVID-19 vaccine rollout

Eight ways how Covid-19 is impacting the future of mobility