01/16/2019
These countries are set to see their millionaire populations skyrocket in the next 5 years
The 10 countries with the largest HNW populations grew in total by over 387,000 HNW individuals (up 2.4%) compared with 2017
Wealth & Asset Management
01/15/2019
Citi UAE opens Citigold lounge in Abu Dhabi
Located in Najda Street, Abu Dhabi, the Citigold Lounge covers close to 2,700 sq ft and is equipped with private meeting rooms, three ATMs, as well as facilities to host client events and investment research updates.
01/10/2019
Entrepreneurship 'romanticised' too much, says Emirates NBD exec
Tariq Bin Hendi said many business ideas are based on current trends as opposed to solid business ideas
01/02/2019
Luxury jet-makers woo Mideast ultra-rich with cautious optimism for 2019
After years of sluggish sales, potential buyers in the region are showing interest in new aircraft models
12/31/2018
Israel Is Undergoing A Female Banking Revolution, Russak-Aminoach Leads The Way
Russak-Aminoach met her husband Re’em while studying in Tel Aviv.
12/26/2018
Singapore private banks target Non-Resident Indians in Middle East expansion
Bank of Singapore the eighth largest private bank in Asia (ex-China), based on assets under management, which opened its Dubai branch in February 2017 already has 45 wealth managers there.
12/19/2018
Dubai wealth fund ICD announces six-month net profit of $2.7bn
Investment Corporation of Dubai says revenues boosted by oil and gas and transportation during first six months of 2018
12/19/2018
Indosuez Wealth Management expects Egypt’s inflation to slightly slow down by beginning of 2019
Egypt has targeted an inflation rate of 13% for its fiscal year’s 2018/19 budget
12/19/2018
Falcon Private Bank: Green Light From the Middle East
The company in the first half of this year was on the brink, having lost a string of executives, relationship managers and – as a consequence – assets under management.
12/18/2018
Arab economies’ diversification to unlock new wealth
The institution was established in 2008 to promote exchanges and cooperation in business, culture, education, civil dialogue and diplomacy.
12/17/2018
Saudi startups win big with business incubator Oqal
SMEs in the Kingdom continue to bear the brunt of complex administrative procedures and funding challenges
12/17/2018
Opinion: Managing the great wealth transfer
Why wealth managers in the GCC are readying themselves for a more professional future
12/11/2018
Singapore private banks target Middle East, NRI clients
DBS plans to expand in the Middle East by doubling the number of private bankers there over the next five years, from more than 20 now, the bank said.
12/11/2018
Qatar’s asset management industry to see sharp growth
Currently there are eight asset management firms operating in Qatar, six QFC-licensed and two operating under the regulation of Qatar Central Bank.
12/10/2018
Franklin Templeton sets eyes on retail boost regionally
Asset manager had $717.1 billion of assets globally in 2018
12/03/2018
Will cheaper oil grease the wheels of global growth? - Coutts
If a product becomes cheaper to produce then a company’s margins improve and this makes a difference to its bottom line.
12/02/2018
Pictet Raids Julius Baer
Pictet is lifting eight senior private bankers out of rival Julius Baer, finews.com has learned.
11/27/2018
Southeast Asia’s largest bank to double the number of private bankers in ME over 5 years
Dubai branch to serve as strategic hub for bank’s Middle East private banking arm
11/26/2018
KAMCO named Wealth Manager of the Year
KAMCO's Wealth Management Team received the award for their consistent and comprehensive understanding of clients' expectations
11/22/2018
Holborn Assets expands with new 15-strong Cyprus office
It is the company’s first foray into the Cyprus marketplace, but one that it expects will be an important base for the company in the coming years, Holborn told International Investment.