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

China & Gulf expansion to boost Trade Bank of Iraq's revenues: chairman

The bank, owned by the Iraqi government and with assets of around $30 billion, helps fund about 80 percent of the trade finance business in Iraq.

Mideast ESG data important to int’l investors

The global financial services community is also keenly aware of climate change, and many professional money managers are now looking for ways to integrate environmental, social and governance

Israeli businessmen: Manama workshop offers wealth of opportunity

Could a recent US-sponsored meeting on Middle East business help relations between Israel and Palestine?

First banking M&A wave in GCC subsides but UAE still ripe for consolidation, says S&P

Common ownership of financial institutions has driven most mergers and acquisitions in the region so far

Investments of UAE banks in Saudi, Egypt hit $24.6bn

The UAE banking system has the largest value of assets in the Mena region, and at the end of March 2019, their total assets stood at some Dh2.9 trillion.

Business expands in Q2 as investor confidence grows

Khatija Haque, head of Mena Research at Emirates NBD, said the recent PMI surveys indicated that growth in the UAE's private sector has accelerated in second quarter 2019.

Saudi ‘makeover’ masks same old habits when it comes to jobs

The government, still the main employer for the kingdom’s nationals, has added more than 20,000 jobs for Saudis since the third quarter of last year, when the statistics service started reporting the breakdown by sector.

The Bahrain Conference: What the Experts and the Media Missed

Critics of the recent economic summit in Bahrain—at which White House adviser Jared Kushner presented the Trump administration's "Peace to Prosperity" plan—pointed to the absence of key Palestinian and Israeli politicians

Where will growth be fastest in the next decade?

See who is in – and who is out of – the 7 per cent Club

The Research Emerging-Market Investors Count On

As competitors pull out of emerging European, Middle Eastern, and African markets, Bank of America Merrill Lynch is cementing its status as the region’s top research provider.

7 reasons why now is the best time to buy a home in Dubai

Buying a home in the UAE can save you money in the longer run as property prices drop

Middle East bucks poor growth figures for global personal wealth

The Middle East however was the only region worldwide not to have witnessed slowed growth against the 2013 to 2017 figure.

This $50m luxury airship could make its Middle East debut soon

The luxury Airlander 10 can accommodate 19 people for trips of up to three days

Islamic finance industry to sustain growth in 2020

The growth of banking assets has also slowed down in almost all core Islamic finance markets.

UAE economy grows by 2.2pc in Q1

Economic performance forecast to gain momentum on the back of rising general expenditure at the federal and local levels of every emirate as well as the increasing investments related directly to Expo 2020 Dubai, according to the review.

Bahrain beats London, Silicon Valley on ratio of female startup founders

“Over the past decade, Bahrain’s startup ecosystem has made significant progress where startups can access a global network of partners to scale up and capture opportunities in Bahrain and the region.

ISLA: Asia is going to be a huge influence in the future

Although the panellist thought Asia would be “hugely influential”, only 20 percent of the audience agreed.

Global Impact Investing Network's 2019 Annual Impact Investor Survey Highlights A Diverse and Burgeoning Impact Investing Market

The impact investing industry is diverse.

Fitch affirms Emirates Development Bank’s ratings at AA-

"The advanced ratings confirms the bank's distinctive performance and reflects the achievements it has made across the UAE," said Faisal Aqeel Al Bastaki, CEO of EDB.

Revealed: how healthy is the UAE's banking sector?

New research says UAE banks are generating healthy earnings despite tougher economic conditions in Q1

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