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

These UAE billionaires donate half of wealth to charity

Meet the latest philanthropists from UAE to give up at least half of their fortunes for the greater good

New ownership rules and buoyant oil market conditions to support Middle East economies

Economies in the Middle East ended 2017 on a high note, with a strong final quarter in 2017, despite some short-term weaknesses surfacing in early 2018

UAE businessmen donate half their wealth to Bill Gates' Giving Pledge

Philanthropists include Crescent Enterprise CEO Badr Jafr, NMC Health founder BR Shetty and VPS Health managing director Shamseer Vayalil.

HSBC Private Banking eyes emerging growth prospects in Mena

Growth in region’s private wealth combined with passing of wealth form one generation offer great deal of opportunities to private banks

Preserve and prosper

Various platforms are now available for the less wealthy to invest their spare change into a savings or a capital growth fund

Revealed: 62 billionaires in UAE hold Dh616 billion wealth

Most UAE-based billionaires have made their money from real estate.

International private jet operator launches in the UK and Middle East

The company is being led by a new senior management team that includes Ben Banda as accountable manager.

Red Alert at Falcon Private Bank

These are the losses which the small bank in Zurich owned by the Abu Dhabi state fund accrued in the past two business years.

Jared Kushner's Family Has Been Looking for Help With a Troubled Office Tower for Years. Qatar Might Bail Them Out

Vornado would continue to own the building’s lucrative retail spaces.

Citi PB’s Rankin: Illiquidity tolerance has grown… here’s why

Rankin said that a greater understanding of thematic investing – such as following structural themes or so-called ‘mega trends’ – has also boosted this shift.

Falcon PB rejects reports of potential sale

The statement comes following a Reuters report suggesting that Abu Dhabi state investor and Falcon owner Mubadala Investment Company has been trying to sell the bank.

Dukascopy Bank SA launches new office in Dubai

The Dubai office team will assist prospects and clients from Dubai and from the Middle East in their dealings with the Geneva Headquarters.

Middle East's best bank for wealth management 2018: Credit Suisse

That offering improved last year; Credit Suisse extended structured financing solutions to its ultra-high net-worth and corporate clients, thereby increasing its credit volume by double digits.

Seizing the Global HNW Expat Opportunity takes centre stage

According to the company’s latest report, ‘Seizing the Global HNW Expat Opportunity’, 65% of wealth managers target HNW expats.

Bank of Singapore is upbeat on its Middle East prospects after a sound start to 2018

The bank moved to its premises in Dubai International Financial Centre in 2016 and currently has more than one hundred employees based in the city.

This billionaire has put half his net worth into gold

Nassef Sawiris, Naguib’s youngest brother and the richest man in Egypt, is the biggest shareholder and chief executive officer of fertilizer producer OCI NV.

ADCB Becomes First Local Bank To Operate In Abu Dhabi Global Market

As a leader in the banking industry, ADCB joins an increasing number of important global institutions that have already established a presence at the ADGM.

Dubai International Financial Centre Named best International Finance Centre at WealthBriefing European Awards 2018

DIFC offers a highly successful wealth management platform.

Dubai tops New York, London & Singapore as preferred destination for GCC investors says luxury developer

Dubai’s ultra-prime property market can be as much as 60 – 70% lower when compared to Shanghai and Tokyo

QIB relocates Private Banking Center to Al Sadd branch

The new Private Banking centre offers full banking services, privacy,exclusivity and personalized service at an easily accessible location in Doha.

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