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

UAE, Saudi workers display job confidence in spite of economic uncertainty

LinkedIn data showed that more than seven out of 10 feel confident about securing a new role, getting promoted or receiving a payrise in 2023

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Rapid credit growth has hit Saudi banks’ liquidity, says S&P

The Saudi Central Bank made liquidity injections during the pandemic as well as last year to help avoid a credit crunch and support economic activity, S&P said.

Dubai’s rising population set to spur property market growth

The rising population is contributing to the launch of new projects and increased supply of residential units in Dubai

Majority of UAE employees consider changing jobs in 2023

Higher salaries and flexibility among key drivers for employees seeking new roles, LinkedIn survey finds

UAE’s real estate sector to remain resilient in 2023, with growth prospects ahead

Residential transaction activity in Dubai continued to grow robustly in 2022, up 51% between January and November exemplifying the emirate’s safe-haven status

GMG to ramp up growth in Southeast Asia, aims to launch 100 stores by 2025

The company has opened 31 stores across Malaysia, Singapore, and Indonesia since entering the SEA market in 2020

Abu Dhabi hotels generate Dhs5.4bn in revenue in 2022

The average revenue per available room was Dhs263, up 19 per cent

UAE firms fear cost-of-living crisis threatens business continuity - study

Businesses also concerned about sustained inflation, commodity price shocks

Qatar an innovator in Middle East: Officials

Our goal is for businesses across the nation to experience leading-edge technologies and reliable performance to support the national vision of digital transformation in key sectors of the Qatari economy and critical infrastructure.

How is wealth management faring across the GCC?

Abdulmohsin Al Omran, founder and CEO, The Family Office, gives Gulf Business the lowdown

Sharjah’s real estate transactions top $6.5bn in 2022

The total number of real estate transactions in 2022 reached 91,507, compared to 84,238 recorded during the previous year

GCC is ‘probably the fastest-growing economic bloc in the world today’, says HSBC’s Vivek Ramachandran

UAE exports-imports on track to still grow at 4% in 2023, says HSBC’s trade chief

Environmental and digital security are fastest growing jobs in Saudi Arabia, according to LinkedIn

The research showed that green concerns are playing a role in the recruitment practices of companies, with environmental manager being the fastest-growing scouted job title in the Kingdom.

Gulf outlook at its strongest in 30 years, says Standard Chartered's Middle East chief

Across Africa and the Middle East, Sunil Kaushal remains 'cautiously optimistic' about 2023

The Extraordinary General Assembly of Dukhan Bank

QNB Capital LLC is acting as Listing Advisor to Dukhan Bank, K&L Gates LLP as International Legal Advisor, and Sharq Law Firm as Qatar Legal Advisor in connection with the transaction.

Most CEOs expect global economic growth to decline in next 12 months

Nearly 40% of CEOs think their organisations will not be economically viable in a decade, according to PwC Global CEO Survey

Ultra high net worth investors in prime areas drive almost two-fold increase in average apartment prices

Prime overall market sees a modest increase in average prices by 8.72%

CEO of Türkiye’s top bank says capital boost to help it drive economy in 2023

We will give significant support to Türkiye’s economic model.

Women in tech: Sonali Basu Roy, marketing manager at Bulwark Technologies

Women should believe in their capabilities, be quick learners and acquire different skills

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