11/17/2019
Intertrust awarded Trust Company of the Year at the Wealthbriefing MENA awards
The award sets Intertrust apart from its peers and is a recognition of the developments that the company has made in the region over the past 12 months.
Wealth & Asset Management
11/15/2019
Eight-year winning streak in the Middle East
The judges considered many aspects of our business and service offering, including our more than half-century commitment to clients in the Middle East; our single, international team covering the market in an integrated way; and our bespoke wealth managem
11/15/2019
MENA award winners announced
The awards are designed to showcase best of breed providers in the global private banking, wealth management and trusted adviser communities
11/12/2019
World’s Rich Readying for Major Stock Sell-Off, UBS Wealth Says
"They see global interconnectivity and reverberations of change impacting their portfolios more than traditional business fundamentals, a marked change from the past.”
11/12/2019
Liechtensteinische Landesbank moves to the DIFC
Liechtensteinische Landesbank has seen exponential growth over the years, leading it to seek business branch status and prompting relocation to DIFC.
11/08/2019
Turkish Wealth Fund mandates advisors for horse racing, betting licenses
It said in a statement that the aim is to assign one or more qualified private operators over a pre-determined term with the support of advisors.
11/08/2019
UBS/PwC Billionaires Report 2019: Billionaire-controlled companies return almost twice the average market performance
This is one of the findings of the annual UBS and PwC Billionaires Insights report, The Billionaire Effect.
11/06/2019
By any measure, Aramco’s IPO will be historical By Amine Chaieb, Partner & Investment Advisor, Spearvest
The listing is expected to take place in the local Saudi Tadawul exchange and could be worth $40 Billion
11/06/2019
Net private wealth in Lebanon at $232.2B
The aggregate net wealth of Lebanese citizens at the end of June 2019 was the 65th highest among 171 countries and jurisdictions, and the ninth highest among 19 Arab countries.
11/06/2019
Indosuez Wealth Management hosts its 2019 Middle East Investment Conference
Regional reforms, currency challenge and the importance of tolerance, happiness and sustainability
10/31/2019
EFG International opens advisory office in Dubai
The UAE is already an important market for EFG and the new presence will enhance its ability to serve the region’s HNWI client segment by providing advisory services from the DIFC, as well as capture important market opportunities.
10/23/2019
Israel Gains 20,000 Millionaires, Average Wealth Increases Study
"Wealth" is defined by the annual report as the value of financial assets plus real assets – particularly housing – owned by households, minus their debt.
10/07/2019
HSBC forecasts economic slowdown in Q4, rules out recession
The bank adopts a mild risk-off stance on equities with a preference for defensive sectors over cyclicals
10/01/2019
Ultra Wealthy Population Analysis: The World Ultra Wealth Report 2019
This subdued increase comes on the heels of a year of significant growth the prior year, when the population increased by nearly 13%.
09/18/2019
KT For Good: All that glitters is not always gold
In the UAE, the yellow metal is trading at Dh181.50 per gramme.
09/16/2019
Responsible finance is leading sustainability theme for BMO responsible global emerging market equity strategy
The report marks the first time that BMO’ Responsible Global Emerging Market Equity team has mapped every one of the portfolio’s holdings to the SDGs, with an estimated 60% of holdings positively aligned.
09/12/2019
Legacy planning for NRI business owners
They need to mix creation of wealth with assessing their future needs
09/09/2019
Quilter Cheviot secures Category 4 licence in Dubai
Quilter Cheviot's Dubai office has successfully secured a Category 4 licence, having previously operated within the DIFC (Dubai International Financial Centre) as a representative office
09/09/2019
UAE wealth management group plans $1.3bn investment
These products will enable AIP to further address market demand for safe, liquid, and unique investments across different asset classes."
09/08/2019
Kuwait Finance House Bahrain launches new wealth management services
the new Flexi Wakala Investment Accounts gives the flexibility to withdraw up to 20% of the investment amount during the investment period and profits are distributed to the clients' accounts on maturity date.