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

DIFC Launches First Global Family Business and Private Wealth Centre

The Centre is also expected to attract family businesses and UHNWIs from the region and globally to establish a presence in Dubai.

Northern Trust Asset Management Launches Quantitative ESG Strategy for EMEA and APAC Investors

The NT World Quality ESG Strategy Expands Manager’s Sustainable Quantitative Global Offering in EMEA and APAC

DIFC unveils private wealth centre

To help UHNWs across the Middle East with succession planning

Julius Baer makes two senior appointments to reinforce growth of Sub-Region Middle East & Africa out of Geneva

Jonathan A. Conner and Thomas E.M. Kloss will join the Bank in Geneva as Senior Relationship Managers as of 1 August, reporting to Yvan Wicht, Group Head Middle East & Africa Geneva.

Asset Management FinaMaze completes the Fintech Saudi program

The UAE asset and wealth management firm participated in the Fintech Saudi Demo Day after it successfully completed the Program

NBO Named Best Private Bank Oman 2022 at World Economic Magazine Awards

NBO offers a full suite of Private Banking Solutions, a portfolio of investment and wealth management products and services including global investment funds and structured products.

Oman’s financial wealth may reach $89bn by 2026

As per the BCG report, global financial wealth grew by a staggering 10.6 per cent from 2020 to 2021—the fastest rate in over a decade.

Qatar’s financial wealth to grow by 3.9% annually, reaching USD 0.4trln by 2026

A new BCG report expects that Qatar’s financial wealth will rise from USD 0.3 trillion in 2021 to USD 0.4 trillion in 2026

UAE’s financial wealth to grow by 6.7% annually, reaching USD 1trln by 2026

Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change.

Exclusive health insurance for UAE Golden Visa holders

DHA official says it ensures security, as premiums for Daman’s packages begin at Dh2,393

GCC’s Financial Wealth To Grow by 5.2% Annually, Reaching USD 3.5 Trillion by 2026

It is also expected that life insurance and pensions will become the third largest asset class over the next five years.

Middle East’s best bank for wealth management 2022: UBS

The result is a growing business and product range attracting more new wealthy clients.

UAE turning into a epicentre for family offices: Al Khalifa

Dubai-based private office is passionate about investments in renewable energy, electric vehicles, solar panels and vertical farming

J.P. Morgan Private Bank expands Middle East and North Africa team with key hires in Switzerland

Based in Geneva, Switzerland, Yazeed Mohammed Alsubeaei and Ghadeer Yusuf will help drive the Private Bank’s business strategy and growth advising UHNW individuals and families on effectively protecting, managing and growing their wealth

National Bank Of Oman Launches Private Banking

NBO’s Private Banking is a platform offering a portfolio of investment and wealth management products and services including, global investment funds and structured products, offering customers the opportunity to invest in a wide range of robustly m

Citigroup’s $US1b family office clients profit from wild markets

Some of the biggest and most sophisticated include Ray Dalio’s namesake family office, Michael Dell’s MSD Capital and Stanley Druckenmiller’s Duquesne Family Office.

Saudi foreign direct investment inflows rise 9.5% in first quarter

The FDI inflows were at $1.97bln in the first quarter of 2022, the ministry added

NBO launches private banking

Leveraging the latest technology, industry insights and analysis, courtesy of its team of consultants, NBO is guiding customers towards long-term financial well-being.

Most high net worths in Middle East don’t have a wealth succession plan for family business

An exclusive survey by Lombard Odier also finds the overwhelming majority intend to keep their wealth in the region for the foreseeable future

A majority of Middle East HNWIs do not have a wealth succession plan in place for their family businesses

Lombard Odier’s exclusive survey reveals

Wealth & Asset Management