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

CBE announces key performance indicators of banks operating in Egypt during 2021

According to the CBE, bank deposits by individuals increased

CBUAE Governor hosts Bank CEOs to outline the banking sector outlook for 2022

CBUAE and UAE bank CEOs discussed the global and UAE economic recovery that commenced during 2021

Dubai sets sights on Latin America as key region for $544bln trade

Dubai Chamber of Commerce is “fully committed to facilitating exchange” between the United Arab Emirates and LATAM business communities, said its chairman

EBRD and J.P. Morgan support Turkish women entrepreneurs

The EBRD introduced Esra to a management consultant who helped her eveningwear brand, Esra Bridal, increase export capacity and develop its export strategy.

President of New Development Bank describes UAE as a ‘prime example of an economic miracle’

Industry leader’s comments came as he addressed participants at GBF LATAM 2022, which kicked off earlier today in Dubai

Eight digital trends defining the future of the GCC

The GCC is undergoing a region-wide ‘digital paradigm shift’, said global management consulting firm Oliver Wyman in a new report, listing the eight digital trends defining the future of the region in 2022 and beyond

Middle East consumers healthier, more digital and prioritise sustainability: PwC

Middle East shoppers are becoming increasingly influenced by sustainability issues

Citigroup expects sharp increase in UAE and Mena business amid economic recovery

US lender's business in UAE will continue to drive its regional growth ambitions over next 5 years, chief executive Jane Fraser says

Makram Debbas and Sami Darouni on navigating the future of retail

The pandemic accelerated changes that were already underway.

Future of Bahrain’s real estate sector in spotlight

The Gulf Property Show will host a visionary leadership roundtable on the future of Bahrain’s real estate sector at the Bahrain Exhibition and Conference Centre

Profitability of top 10 listed banks in the UAE recovers significantly

The analysis found that aggregate net income increased substantially by 48.6 percent year-on-year (YoY) to AED 37.8 billion, mainly driven by higher operating income (+5.2 percent YoY) along with lower impairments (-30.1 percent YoY).

Rising public demand set to drive Islamic banks growth: Bahrain

Islamic banks’ total assets expanded by 8.1% in 2021

Fitch rates Kuwait Investment Company 'BB'

Outlook stable

Placing clients at the heart of UAE wealth management decisions

How Emirates NBD works to meet its customers' individual needs

Mashreq: Partners in your UAE wealth journey

The bank works to ensure investors navigate the global financial climate

Investments in Saudi industrial sector hit $354bln in January

Seventy-nine industrial licenses were issued in January

Dubai’s real estate market backed by strong buyer appetite

Husni Al Bayari, chairman and founder of D&B Properties as well as portal, houza, shares his outlook for the real estate sector

GCC survey identifies transformation as route to sustained business growth

The survey also gauged opinion on companies that are currently undergoing transformation of their own, including PMI, which today is working to deliver a smoke-free future

Egypt focuses on MSMEs as they represent 98% of private sector: CBE

Egypt has 3.4 million micro-sized businesses, 2,200 medium-sized enterprises, and 217,000 small-sized businesses: CBE Deputy Governor

Cashless transactions in Bahrain surge 28.9%

The RTGS system enables the banks to have real time information on, for example, account balances, used and available intra-day credit, queue status and transaction status

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