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

Ultra-wealthy buyers enable Dubai property sector to escape six-year slump

Villas in Dubai have exceeded expectations during the COVID era, but other Gulf markets have shown varied performance this year

Turkish finance minister briefs banking sector on new economic model

"Our banks will continue to use their resources to meet the financial needs of households and the real economy, within the free-market mechanism that operates with its rules,"

Lebanon's central bank will start selling US dollars to commercial banks at Sayrafa rate- statement

The bank will also allow depositors to convert the Lebanese pounds they withdraw from their dollar deposits back into dollars also at the Sayrafa rate

Egypt's central bank keeps key interest rates unchanged

The bank has kept its lending rate at 9.25% and its deposit rate at 8.25% since November 2020

UAE has flexible business environment: Nahyan bin Mubarak

Such legislation are in line with the country’s aspirations for the next 50 years, as part of the "Projects of the 50" covering investment, foreign direct investment (FDI) and business practices, Sheikh Nahyan explained

Qatari realty firms named among region’s top firms

The Middle East’s real estate sector appears to be bouncing back fast, with property prices increasing on the back of increased oil prices and gov-ernment policies.

Saudi 2022 inflation seen within a range of 1% to 2%, given no change in VAT

Several organizations expect the annual rate of consumer inflation in Saudi Arabia to be in the lower range of 1-2% next year

2021: A year of business reinvention and rebirth

Many firms were exposed by the delay in digital transformation accumulated over the recent years

UAE's economic recovery to strengthen in 2022, CBUAE says

Banking chiefs welcomed the regulator's ongoing support of the local financial system through the Tess scheme

GCC members record 3.3% rise in bank deposits in first half of 2021

The UAE came next, dominating 32.2 percent of the GCC’s total bank deposits, followed by Qatar with a share of 16.4 percent.

Straight into the Next Normal: Emerging Stronger from the Coronavirus Pandemic

It all comes back to this eventually, that there is no black and white solution.

Staying With A Positive Tone

Markets are in the midst of a strange phase.

Capital gains of Dubai villas 'slowing' to sustainable levels: ValuStrat

Villa prices have reached pre-pandemic levels, but apartments have not, says consultant

Chief Executive Outlook: Positive for 2022 in spite of concerns

1,700 chief executive respondents from 101 countries believe Supply Chain issues and Inflation will remain major concerns though Revenue and Hiring are up

Global Economic Outlook - KPMG

The economic costs of climate change.

2022 economic outlook defined by digital resilience and a return to the 'Experience Economy'

Shifts in household savings, economic growth and consumer spending on "stuff" vs. "experiences" are in focus as businesses continue to move digital

GCC M&A market rebounds with a 39% volume growth in the first half of 2021 compared to the first half of 2020

A new BCG report highlights a positive growth in the GCC's volume of deals in the first half of this year in comparison to the first half of 2020

Digitalization readiness key to unlocking SME growth potential in Middle East & Africa: Mastercard white paper

SMEs say digitalization is essential to staying competitive in a transformed business and economic environment

Interview: Digital adoption is trending, but UAE banking must offer hybrid services, says Emirates NBD's Suvo Sarkar

Despite the rising popularity of contactless transactions, customers still rely on the advice of relationship managers and banking officers

GCC banking regulations to remain stable in 2022: Fitch

Banks won't quickly return to pre-COVID stringent requirements

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