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

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.

Capgemini’s World Wealth Report 2018

Wealth management firms accelerate hybrid advice programs -with investments in emerging technologies, such as intelligent automation and artificial intelligence, to prepare for BigTech entrance

Oxford Business Group to launch Sharjah Report 2018

Key issues to be examined at the event include a move under way in Sharjah to sharpen the focus on smaller-scale businesses, digitalisation and innovation, while providing added assistance for start-ups

For Wealth Managers, Advanced Analytics Are a New Key to Success

As the Digital Landscape Evolves, Institutions Must Leverage the Full Spectrum of Available Data to Create Personalized Client Experiences, Deepen Loyalty, and Create New Value, Says Report by The Boston Consulting Group

Abu Dhabi, Qatar rise, but Dubai sags as Eid holiday begins

The UAE Central Bank, like most Gulf counterparts, quickly followed the United States Federal Reserve decision to raise its target range for the federal funds interest rate by a quarter of a percentage point, to between 1.75 percent and 2 percent.

Israel's 30 Richest in 2018

And how Roman Abramovich conquered the top spot with no time left on the clock

Thinking of advertising your content? Well get ready to pay

These bid amounts are calculated using algorithms that measure keyword popularity according to searches in geographical areas.

‘Victory over siege helped attract more foreign investors to Qatar’

During QBA’s business trips to Europe and the US, Sheikh Faisal said Qatari businessmen “sensed the positive international reputation of Qatar” after it was able to overcome the Gulf crisis

The ECB springs into action – but is it far too early? by Gary Dugan

The economy has taken a turn for the worse in the first half of the year with economic data coming in below expectations.

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