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.
Wealth & Asset Management
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.
09/04/2019
KFH–Bahrain offers new wealth management products
Private banking services include several accounts that can be opened in either Bahraini dinars and/or US dollars, such as: Call Accounts which combines the benefit of savings and current accounts, with the added benefit of calculating profits on a daily b
09/03/2019
Middle East set to see wealth soar By Yusra Sarkar
ZEDRA is focused on building long-term relationships with all our clients, and this is particularly true for clients in the Middle East.
09/03/2019
Credit Suisse and Qatar Expand Middle East JV
The deal comes as a further boost for the ties between the Swiss bank and the Qatari investors.
08/25/2019
Mauritius Commercial Bank opens an office in Dubai
In his new capacity, Graewert will be working closely with MCB’s senior management team and strategic business units based in Port Louis, Mauritius.
08/21/2019
Gibraltar-based firm eyes expansion after WM acquisition
It is ‘looking at obtaining licences’ to bolster its operations
08/19/2019
Nine private banks in Egypt gain EGP 14.941bn net profits in 1H2019
CIB – Egypt tops the list by EGP 5.355bn profits, QNB Alahli comes second by EGP 4.217bn
08/13/2019
New Guernsey Finance BD Director looking to make a mark in South Africa’s private wealth scene
Guernsey is keen to grow its presence in the region, and Mr Crawford believes the country offers opportunities for the island.
08/11/2019
Saudi Prince’s Rise to Power Turns Him Into a Billionaire Boss
Mohammed Bin Salman’s grip on the House of Saud’s vast fortune is tightening.
08/07/2019
Dubai's Jetex moves into ultra-luxury concierge services, aircraft sales
The private aviation firm has a specialised department that helps plan trips that can include villas, butlers and private security
08/01/2019
StanChart first-half profit rises 3%, beats forecasts
The latest profit compared with the $2.23 billion average of 11 analyst estimates compiled by Standard Chartered.
07/25/2019
JP Morgan expects 10% annual growth in Mena wealth management business
A number of new sectors are being considered by Mena clients to boost their investment portfolio.