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

Nomura expands in Singapore, Dubai as wealth turns a profit

The Tokyo-based firm is moving to a new office in Dubai that can accommodate up to 60 staff

HSBC MENAT CEO pledges more investments to lead in wealth, capital markets

In an exclusive interview with Zawya, Selim Kervanci, HSBC’s newly appointed CEO for the Middle East, North Africa and Türkiye, expressed confidence that the bank can maintain its leadership position in ECM/DCM and investment banking in the reg

Gulf investors will no longer go for formulaic wealth management advise

High networth clients will no longer sign up to more-of-the-same on wealth handling

Julius Baer’s Kunal Sumaya on Dubai’s rise as an investment haven for NRIs

The COVID-19 pandemic further reinforced this shift, prompting more individuals to explore residency and investment opportunities abroad.

Canaccord Wealth expands international footprint with Middle East office

SEO Richard Burden has 30 years’ experience working across Middle East and recently re-located to Dubai

Standard Chartered expands UAE private banking team

The new team members will report to Nash Mithani, market head, private banking, UAE and head, Global South Asia Community.

The Growth and Evolution of Independent Wealth Management in the UAE

At a recent Hubbis forum in Dubai, industry leaders came together to discuss the trends, opportunities, and challenges shaping the sector.

Dubai strengthens position as global wealth hub at Family Office Summit 2025

Event brought together global visionaries, investors, and industry leaders managing over $1 trillion in assets

Barclays Private Bank's UAE CEO: 'This is the year of execution'

The UAE business has performed well in terms of AUM growth since the pandemic made Dubai a hot destination for wealth migration, Barclays boss says.

Gulf wealth managers prepare for consolidation in 2025

The Gulf is the key jurisdiction to watch in 2025, leading this surge of M&A and consolidation.

Aument Capital Group Secures In-Principle Approval from FSRA

This approval positions the AumentCapital Group to expand its tech-enabled wealth management solutions to theMENA region

Mashreq delivers another year of exceptional growth with a record AED 9.9bln net profit before tax in 2024

Total Operating Income increased by 24% in 2024 to AED 13.4 billion, delivering another year of exceptional growth

The Rise of Family Offices: Wealth Management in Modern Times

As financial markets become increasingly complex, family offices have emerged as welcome market participants, offering haute-couture strategies that align with broader family values and long-term goals.

Holborn Assets Unveils New App to Optimise Wealth Management

One of the app's stand-out features is its ability to track residency and citizenship by investment applications.

Dubai lures Chinese banks looking for opportunities in wealth management

The regulator says CICC has been granted a license, having seen an “uptick” in interest from Hong Kong hedge funds.

Citi rolls out affluent credit card in the UAE

The Citi Ultima Mastercard credit card was introduced to select Citigold Private Clients in Dubai.

Gulf Bank unveils exclusive new services for private banking clients

A New Brand Identity that Aligns with Customer Aspirations and Provides an Exceptional Experience for the Affluent

ASK Private Wealth widens its global footprint through new DIFC office to serve NRIs and global investors

Part of Blackstone-backed ASK Asset & Wealth Management Group, ASK Wealth Advisors (DIFC) Pvt Ltd (‘ASKWA DIFC’) will use DIFC as a hub for its Middle East and Africa operations

Growth of new hubs challenges Swiss private banking stalwarts

The global financial landscape is undergoing a dramatic transformation.

Private jet industry offers new avenues for brands to connect with UHNWIs

The private jet industry is soaring, with remarkable growth both globally and within the GCC spurred by HNWIs and UHNWIs.

Wealth & Asset Management