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

Private wealth in Turkey in decline: Report

2017 was not a great year for Turkey in terms of wealth growth.

Qatari banks find investor appetite in niche markets

Saudi Arabia, the United Arab Emirates and Bahrain cut diplomatic ties with Qatar last year, and imposed an economic boycott, protesting against its relationship with Iran.

Private Debt a Valid Asset Class for Private Banking by Gary Dugan

Private debt is a new asset class that most high net worth investors should consider for risk diversification and income generation

GWM seek to increase female adviser numbers

That said, the female advisers currently working at Guardian are amongst some of the most qualified and experienced in our industry.

Revealed: the average expat salary in Dubai

HSBC Expat Explorer survey says emirate has growing reputation for job prospects and great social life

Saudi January inflation jumps to 3.0 percent on VAT, gasoline price hike

Residential rents are exempt from the tax, and the Saudi real estate market has been slumping.

Large UAE banks report higher Q4 profits

The four largest UAE banks, accounting for around 62 per cent of UAE banking sector assets as of December 2017, delivered a solid rise in net profits in the final quarter of 2017, said Nitish Bhojnagarwala, vice president at Moody's.

Millennials love to spend and not save

Investing has become more difficult in a volatile market after a strong 2017

Moody's: SAMA Deal with Ripple Provides $400 Million to Banks

Khalaf indicated that Emirati banks are aiming for similar agreements.

Saudi Arabia: Loss Of Economic Confidence

The success of these efforts will be vital to the transformation of the Middle East into a stable, vital part of the global twenty-first century economy.

Saudi is biggest deal-maker in Middle East

Thanks to the economic plan known as Vision 2030, Saudi could become the biggest deal-maker in the region.

How Institutional Investors Are Preparing for Return of Volatility

Natixis poll shows focus on alternatives, ESG and risk management

UAE resilience: Banks' assets hit $734bln in 2017

The resilient solvency of UAE banks comes on the back of rapid economic growth in the country

Mideast’s luxury leather goods valued at $1.54b

Here, all eyes will focus on an expanding regional marketplace that has a strong preference for high-quality, bespoke leather products.

GCC insurers likely to see moderation in premium growth in 2018

Profitability outlook mixed for the sector as underwriting margins narrow

Attijariwafa Bank Egypt loan portfolio grew 31% at end-Q3 2017

Tamer Ragheb, corporate banking director, said that the bank€™s asset portfolio is diverse and serves the country€™s strategic direction

Nearly 9 in 10 Companies in the UAE Will Be Hiring in the Next 12 months

Across the region, ‘small/medium local companies’ in the private sector took the leading spot in terms of hiring potential, where 76% of them said they will be hiring.

DFSA Hosts Annual Audit Outreach

The event was targeted at the Managing Partners, Audit Principals, Money Laundering Reporting Officers and senior audit staff of audit firms. Over 90 people attended the event.

Deutsche Bank is said to cut at least 250 investment bank jobs

They include Marc Benton, who oversaw European energy investment banking, and Evans Haji-Touma, who focused on sovereign wealth and public pension funds, according to the people.

Ready to take entrepreneurial leap?

The company began its UK operations last year by setting up entities there.

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