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

Gulf millionaires now more upbeat about global, regional economy

Region’s HNWIs believe their home markets are more lucrative

Lombard Odier to open in Abu Dhabi

Swiss private bank says UAE is the first country outside its home market to have more than one branch

Emirates NBD Private Banking to connect start-ups with investors

First bank-facilitated deals platform of its kind in the region

Served in a Baccarat crystal glass – This is the most expensive drink in Dubai

To add to its exquisiteness, the drink comes served in a Baccarat Crystal glass.

Julius Baer announces cost cuts as profitability lags

Our updated financial targets underscore our long-term ambition to pursue sustainable and profitable growth, and to deliver attractive capital returns to our shareholders

Are these the solutions to achieve the United Nations Sustainable Development Goals?

Dive into the critical factors needed to accelerate progress towards tackling the Sustainable Development Goals.

Northern Trust to provide asset servicing to AD Global Investors

The bank will assist AD Global Investors with fixed income execution services in Abu-Dhabi, a first for Northern Trust’s Capital Market’s business in the region.

Are these the solutions to achieve the United Nations Sustainable Development Goals?

Dive into the critical factors needed to accelerate progress towards tackling the Sustainable Development Goals.

2019 asset and wealth management predictions

As we head into 2019, major broker dealers will continue to scrutinize the products on their platforms.

Pictet plans hiring spree to expand into Middle East and Asia

Swiss wealth manager bullish in a bear market as it raises headcount by 500

German Bank of Qatar’s Al-Thani Family Working on Takeovers

The company is a subsidiary of Luxembourg-based banking group KBL European Private Bankers SA

Citi rolls out wealth management hub in Abu Dhabi

The Citigold clients are affluent individuals with investible assets of $200,000 (£155,000, €175,000) and above.

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

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.

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

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

Israel Is Undergoing A Female Banking Revolution, Russak-Aminoach Leads The Way

Russak-Aminoach met her husband Re’em while studying in Tel Aviv.

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.

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

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

Wealth & Asset Management