01/02/2024
ADIB-Egypt introduces personalized Shariah-compliant private banking services for high-net-worth clients
ADIB-Egypt’s vanguard Shariah-compliant private banking proposition redefines wealth management standards
Wealth & Asset Management
12/21/2023
Emirates Family Office Association announces strategic partnership with government of Bermuda
UAE’s sole association for family offices to strengthen industry ties across UAE and Bermuda
12/20/2023
Island’s partnership with United Arab Emirates praised
The memorandum of understanding signified “a shared ambition between the EFOA and the Government of Bermuda to strengthen cross-border ties between family offices registered in both jurisdictions”.
12/19/2023
Farro Ventures to set up wealth management, international mobility offices in Dubai
The Farro Capital and Farro & Co offices will be under the DIFC and IFZA jurisdictions
12/18/2023
Sohar International awarded ‘Best in Class Wealth Management and Advisory Services'
At the renowned Signature Luxury 100 Awards
12/08/2023
FAB Private Banking launches fund to support UN Sustainable Development Goals
FAB SDG Fund targets investments that address social and environmental challenges
12/06/2023
Egyptian billionaire Nassef Sawiris to move family office to Abu Dhabi
Mr Sawiris intends to redomicile his NNS Group in the ADGM
12/01/2023
UBS Billionaire Ambitions Report 2023: The great wealth transfer
For the first time in nine editions of the report, billionaires have accumulated more wealth through inheritance than entrepreneurship, indicating that the great wealth transfer is gaining momentum
11/27/2023
Expat investors to drive growth of SJP's Dubai wealth business, says COO
UK wealth manager St James’s Place opened its third international office and first in Dubai to cater to the growing expat population in the UAE.
11/23/2023
Julius Baer 2023 family barometer
‘Rising Generation’ are willing to take bigger risks and sets clear expectations towards their wealth advisors
11/23/2023
Expats in the UAE: understanding the new tax residence rules
It was suggested that they had not truly moved their life and were not spending enough time there.
11/23/2023
Next generation of ultra-rich families willing to take bigger risks
Region's wealthy families start involving young in money matters between ages of 26 and 35, says Julius Baer
11/22/2023
Lunate and BNY Mellon to Invest in New Wealth Technology Company
Based in the Abu Dhabi Global Market (ADGM), Alpheya will be funded with a capital commitment of $300 million and is expected to start serving clients in 2024.
11/21/2023
Mirabaud: Ultra service for HNW clients (US$1M - US$5M)
Private Bank Servicing Clients with Investable Assets between US$1M-US$5M Founded in Geneva, Switzerland in 1819, Mirabaud is an independent, family-owned and family-led international banking Group.
11/21/2023
Middle Eastern investors embrace self-directed wealth management
Despite the apparent lack of loyalty, a majority of investors in the Middle East still show a preference for local over international firms.
11/20/2023
ADIB recognized as the Best Islamic Private Bank globally
Latest accolade is part of Private Banking Awards 2023 by Professional Wealth Management Magazine, a Financial Times publication
11/20/2023
QNB named ‘Best Wealth Manager Servicing in Qatar’ 2023 by WealthBriefing
The prestigious award is a testament to the bank’s standing as the leading wealth management institution in Qatar
11/20/2023
Lombard Odier wins award for top international bank in the Middle East
The former recognises the outstanding performance from a private bank servicing the MENA region with a headquarters outside the region.
11/15/2023
Saudi central bank Oct preliminary data shows net foreign assets down by $13.77bln
The net foreign assets decreased to $406.35bln in October
11/08/2023
Neovision launches digital wealth management offering for Gulf investors
Platform brings its expertise and access to an investment universe of over 35,000 securities and investment products together