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

Maerki Baumann establishes Middle East Hub in Abu Dhabi

The focus of the new Middle East Hub will be on tech corporate customers in the Gulf region who rely on blockchain technology or crypto applications.

UAE's economy to grow over 5% in 2025: UBS Wealth Management

The IMF recently maintained its forecast for the UAE’s GDP growth at 4%in 2024

DIFC foundations: a unique private wealth structuring proposition

A DIFC foundation can be established to hold all asset classes for charitable and / or non-charitable purposes and has an independent legal personality, typically combining the features of both a trust and a company.

Where can wealth managers find opportunity when assets are in flux?

Firms will come under increasing pressure to deliver best-in-class client experiences

Where can wealth managers find opportunity when assets are in flux?

In other words, one in four wealth management clients around the world expect to move a material slice of their wealth between providers by the end of 2025.

Gulf Bank honored with Best Next-Generation Offering award at the 2024 Private Banker International Global Wealth Awards in Singapore

Ahmad Al-Fuwaires: We have quality products and services designed to serve young affluent clients, tailored to their needs and lifestyles

Habib Bank AG Zurich: A future-forward wealth management strategy

Sheheryar Rasul, CEO and country head – Switzerland Group Wealth Management, Habib Bank AG Zurich, shares the bank’s long-term vision, with a focus on trust and innovation

Northern Trust AM to Grow Fixed Income in EMEA

As a result, in April this year Northern Trust Asset Management announced that Christian Roth has been hired as chief investment officer of global fixed income.

Global Wealth Management Group GSB partners with London-based Mumble Forum

Partnership will aim to empower financial health of the women networking club’s members

Santander Private Banking Expands Global Presence with First Regional Headquarters in DIFC

This team will serve current clients and extend the bank’s range of bespoke wealth management services to the rapidly growing high-net-worth and ultra-high-net-worth communities across Dubai and the region.

UAE-headquartered wealth manager GSB eyes Swiss expansion

Russell Hunter has already been hired from Schroders Private Bank to run Swiss operation once licence approved

Citi Private Bank uncovers family offices top priorities

Navigating Interest Rate Evolution, Asset Preservation and Meeting Family Expectations

Creating the Ideal Single-Family Office (SFO) Platform for UHNW Families in the UAE

They also opined on leveraging the maximum from the current and anticipated regulatory environment and the constantly expanding and improving wealth and professional services ecosystem.

Investec extends footprint with Dubai International Financial Centre office launch

Investec Dubai International Financial Centre (DIFC) offers advisory and arranging services in private banking, wealth and investment management, and corporate and investment banking.

Africa’s richest man, Aliko Dangote, to establish family office in Dubai

This strategic relocation reflects a broader trend among ultra-high-net-worth individuals (UHNWIs) seeking stable, low-tax jurisdictions to manage their wealth.

SG WealthTech platform StashAway launches HNWI wealth offering in the UAE

StashAway Reserve offers clients in the MENA region to access wealth advisory and private markets investment services.

Santander Private Banking expands global presence with first regional headquarters in DIFC

It will provide services for high-net-worth and ultra-high-net-worth individuals in the Middle East

EFG private banker relocates from Switzerland to Dubai

A private banker that has had stints in Hong Kong and Zurich, has relocated to Dubai.

Family offices confident recent growth in wealth will continue

More than nine in ten (92%) of those who have seen asset values increase expect even more growth over the next five years with 48% expecting dramatic increases.

Burgan Bank Expands its Private Banking Network to Include Al-Adailiya Branch

Confirming its commitment to offering high-net-worth clients a convenient private banking experience

Wealth & Asset Management