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

Challenges our industry faced in 2021

What is more – our raison d’être is to address their challenges and we are responsible for helping private bankers and wealth managers resolve them

Revealed: How UAE banks performed during Q3

UAE Banking Pulse for Q3 indicates banks are prioritising profitability over growth

Future-proof Your Business: Raise The Bar On Operational Resilience

Objectway surveyed professionals among banking and wealth management to discover if and to what extent the industry will be able to fight back.

What’s next for Kuwait’s banking sector?

In a post-COVID reality, Kuwait International Bank (KIB) is the model of a bank adapting to change by striving for innovative evolution and with a proactive growth plan in place, a promising future awaits

UAE real estate investors set sights on New York properties - Knight Frank

Enquiries from investors in the country are on the up

Its No Longer Transitory

The reaction in the high yield market is more likely to be one of the broad risk concerns expressed by investors.

VC investment in Qatar up 41%

Total VC investment in Qatar grew by more than 40 percent in the first half of 2021, compared to the full year of 2020.

UAE Banks Are Prioritising Profits Over Growth in Q3 Finds Alvarez & Marsal

The report details banks’ operational efficiencies have helped their operating income growth outpace expenses.

Kamco Invest commits to the Women Empowerment Principles in support of the UN sustainability goals

This initiative is part of Kamco Invest’s commitment to establishing a business model that incorporates the UN Sustainable Development Goals within its business functions.

Battle of the UAE advice sectors – Abu Dhabi vs Dubai

‘The CII is in discussions with the ADGM currently and hopes to work with them closely going forward in 2022’

UAE working week changes to create ‘steady influx of new wealth’

It will help ‘advisers align with the rest of the world’

Middle East Banks' Earnings Pressure Unlikely to Abate Before 2023

The banks' profitability will continue to be hit by lower interest rates, subdued business volumes and inflated loan impairment charges in 2022.

UAE's weekend change: Banks and insurance companies set to be among first to switch

UAE's financial services will be among fastest adapters to Monday-Friday schedule

Egypt's sovereign fund aims to increase its investment portfolio to $1.5bn

Egypt's sovereign fund signed an agreement with a winning US consortium to develop and rehabilitate the Tahrir Complex

No API, No Party. A new Shakespearean drama?

The creation of these new holistic scenarios leads to the need and opportunity to exploit technologies capable of managing large volumes of data

KPMG: Saudi banks post sturdy interim results, without any single domestically significant credit default

Banks registered a 6.3% growth in total assets since December 31, 2020.

Are banks still relevant in a cryptocurrency world?

Bankers have an uncanny way of reinventing themselves and making themselves, or at least some of their core activities, out to be indispensable.

Global open banking market set to hit $43.15bn by 2026

The report comes as financial regulators, experts and officials gather at the 2nd Open Banking Forum to be held in Dubai from December 6 to 7.

2022 outlook: Middle East customers will go more digital in brand engagement

Middle Eastern consumers are more likely to engage with companies via emails and push notifications than other forms of promotion in 2022

GCC banking sector net profits show increase

Profits reported by Saudi Arabian banks reached one of the highest quarterly levels

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