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

Fitch Affirms Ipoteka-Bank at 'BB-'; Outlook Stable

This view reflects OTP's majority ownership, high reputational risks for OTP from a subsidiary's default, and the low cost of support for the parent.

CBUAE balance sheet soars to touch $200bln by end of January 2024

The report highlights a robust increase in the CBUAE's balance sheet

In March, UAE businesses turn more bullish as they add jobs and take on new orders

March sees UAE private sector keep up pace of new hiring as sentiments turn bullish

UAE’s economy set to grow by 5.2% in 2025: central bank

This growth projection is a follow-up to the bank’s estimate of a 3.1 percent expansion in 2023.

UAE sees region’s highest bank branch revenues: top Roland Berger executive

He further noted that banks in the UAE saw the highest number of outlets merged and reduced with the support of digital transformation between 2019 and 2022.

GCC tourism integration propels region to world-class destination

He underscored the evolving tourism integration within the GCC countries

Kuwaiti banks reap interest rate benefits even as economy stalls

Lenders benefit from infrastructure project work at home and abroad while sharpening digital offerings

Doha Bank holds Ordinary General Assembly meeting

Be issued either by an SPV guaranteed by Doha Bank or through Doha Bank directly.

Gulf millennials set to inherit $90trln in 20 years

Middle East witnessed a 6.2% increase in the super-wealthy last year

UAE banking sector poised for continued growth in 2024

The banking sector has been able to confirm its strength and flexibility in dealing with all global geopolitical and economic challenges and changes.

UAE has the some of the most experienced - and youngest - CEOs

Across the Middle East, CEOs are not much older, the regional average age is 55.

NBK urges regular review of account activity for unauthorized or suspicious transactions

Continuing advocacy of the “Let’s Be Aware” banking awareness campaign

‘If you don’t integrate AI, you’re out’: Shark Tank contestant talks future of startups

Dr Abdullah Al Shimmari, an entrepreneur and participant in TV shows like Bebaan and Shark Tank, shares insights into securing funding and the future of AI in business

BCG celebrates successful partnership at the Quantum Innovation Summit 2024

BCG shared invaluable insights into the quantum technology sector and investment trends

Qatar offers promising opportunities for innovators and entrepreneurs

Qatar is rapidly transforming into a hub where a promising outlook builds on a strong economic foundation, a future-ready infrastructure lives alongside timeless hospitality

Qatar offers promising opportunities for innovators and entrepreneurs

I do see the summit as a big step and believe that it will be a game changer for our ecosystem.

Middle East Investment Panorama Report Unveils Booming Wealth Management Industry in GCC

The report also highlights the importance of attracting and retaining skilled client-facing staff amidst growing competition.

Gold finally clears $2,150 an ounce for new high as part of 3-day price surge

UAE shoppers find gold prices are going for new highs far too frequently

Knight Frank MENA secures record-breaking AED 26mln secondary sale at Address Beach Residences JBR

This record-breaking transaction, involving a 4-bedroom unit, has set a new benchmark for a secondary sale in the building

LOGIC Consulting wins top workplace and well-being award in KSA

The ceremony in Riyadh awarded 19 honours to public and private organizations and leaders who have demonstrated outstanding commitment to promoting happiness and well-being within their workplaces.

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