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

UAE is 5th largest investor in Uzbekistan

The report said that Emirati investments accounted for 6 per cent of the total Foreign Direct Investments (FDI)

Arabian heights: What Saudi Arabia's upgrade means for investors

It’s a move that has been widely anticipated. Indeed, Tilney’s Ben Seager-Scott says it has really been a question of when, rather than if, the kingdom will achieve this status.

Crystal Clear: UAE's transparent real estate market boosts investor confidence

Dubai maintained its top rating in Mena region and improved its global ranking by eight positions to 40

The Worst May Be Over for the Saudi Economy

GDP grew 1.2% in first quarter after shrinking in 2017

$45bn in capital inflows to Saudi after MSCI emerging markets inclusion

UBS Global Wealth Management believes $10 billion will be from passive and $35 billion from active investments

Moody’s assigns ‘counterparty risk’ ratings to GCC banks

Rating assesses banks’ ability to honour non-debt financial obligations

Bahrain financial support likely to be 'conditional and explicit'

BoAML research note says Saudi Arabia, Kuwait and the UAE set to attach conditions to support for struggling neighbour

Middle East mergers gain momentum through privatisation and regulatory reforms

Several major mergers were announced in May following an active first quarter of 2018

Kuwait lawmakers pass deficit budget for fourth year

The actual deficit may turn out to be lower than forecast if oil prices rise, with crude currently calculated at about $50 a barrel, $25 below market prices.

Interview: UAE-China banking ties to see more sustainable, growing synergy: Dubai financial official

China's four largest banks in terms of total assets, namely Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China and China Construction Bank, have successfully upgraded their banking licenses from being subsidiaries to b

Opinion: Making market turbulence work in your favour

With trade wars, declining consumption and simmering political tensions impacting the market, there are still fortunes to be made with the right preparations, writes Martin-Blessing, co-president, UBS Global Wealth Management

Growing support for fintech industry in Lebanon

Its clientele include such names as Bank of Africa, Lebanon’s Bank Audi, and UAE’s Al-Khaliji Bank.

Dubai bourse hits its lowest since Jan 2016

The slump was led by losses in contractor Drake & Scull

Mercer's Annual Cost of Living Survey

According to Mercer’s 24th annual Cost of Living Survey, factors like instability of housing markets, low inflation, and fluctuating prices for goods and services are impacting the cost of doing business in various cities around the world.

Saudi Arabia’s shining beacons of prosperity

As part of its drive to diversify its oil-reliant economy, Saudi Arabia has begun investing in purpose-built economic cities. However, doubts remain about whether they can live up to the lofty aspirations of their architects

Bank of Sharjah: A partner you can trust

The bank follows a disciplined approach to help clients achieve personal goals and meet financial objectives

Unlocking the financial safe havens

One also frequently hears tall promises from people given to playing to the gallery how they are going to leave no stone unturned in their attempts to bring the 'loot' back home.

Forbes lists 4 Egyptian companies among the top 100 powerful companies in the MENA

The CIB topped the Egyptian list, coming in the 38th strongest with a net profit of $421 million

Mideast investors rank social impact above financial gain

This is compared to 54 percent in the United States and 45 percent in Asia Pacific, making them the most active angel investors across the globe.

Egypt’s Economy Powers Ahead

Recent economic figures certainly back this up. Real GDP growth has strengthened over the past four consecutive quarters, climbing to 5.3 percent year-on-year in the second quarter of 2018, according to figures quoted in a report from Emirates NBD.

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