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

Global banking sector market cap grows 40% from Q2 2020

As a critical player in the economy, the banking sector was significantly impacted by the coronavirus pandemic, recording losses under critical metrics like a market cap.

Abu Dhabi leads major Gulf bourses higher; Egypt falls

Saudi Arabia’s benchmark index edged up 0.1%, helped by a 1% increase in Al Rajhi Bank.

AM Best affirms credit ratings of Bahrain Kuwait insurance company B.S.C. And Takaful international company BSC

The ratings reflect gig-Bahrain's balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management

Market sentiment indicates return to normal as Covid fears subside

AI-platform finds management teams more bullish

Dubai among world's top cities for residence-by-investment programmes

Emirate scores high due to its tax-friendly policies and affordable, high-standard-of-living options

The future of the art world could be closer than we think

This passion also leads to a strong desire to share the collection with the wider public.

Best's market segment report: Profits and capital rebound for listed insurers in UAE

Overall market premiums written reached AED 15.1 billion for the first half of 2021, growth of nearly 6%

85% of UAE professionals feel confident and excited about the future of work, Bayt.com and YouGov survey

Creative thinking (92%), computer skills (90%), and strategic vision (88%) are the top skills that are expected to be more important in 10 years

Dubai's business conditions to improve further in Q4 2021: Emirates NBD

Expo 2020, further easing of COVID-19 restrictions to boost economic activity

Over US$ 39.5bln opportunity to be created in the global AI in fraud management market as cyber crimes tighten their noose worldwide: FMI

Future Market Insights (FMI) in a recent market study offers deep dive into key developments across various segments including solutions, applications, enterprise size, and industries.

Profits and capital rebound for listed insurers in the United Arab Emirates

Listed insurers in the United Arab Emirates demonstrated strong operating performance over the first half of 2021, with net profit up 20% compared with the same period in 2020, despite highly competitive conditions

Crisis or not: UAE financial wealth continues its growth, says BCG

“Although the Covid-19 pandemic has posed many challenges, the UAE’s wealth segment has proven to be resilient in the face of adversity, hence the growth it has recorded.”

Lingering pandemic woes hamper MENA recovery: S&P report

The pace of rebound is insufficient to bring these economies back to their pre-pandemic GDP trajectories by 2024

Global CEO confidence returns to pre-pandemic levels

Launching aggressive M&A plans to capture market opportunities

New face of wealth

The rising economic clout of women is one of the most significant recent economic shifts.

SS&C Intralinks Predicts Record for Global Mergers & Acquisition Transactions in Q4 2021

The SS&C Intralinks Deal Flow Predictor forecasts the number of future M&A announcements by tracking early-stage M&A activity

Can Fintech Solutions Further Partner With Banks in the Middle East & Africa?

Digital transformation as a whole has seen a spotlight in the MEA region as a whole, in particular within certain nations seeing wider economic development strategies being implemented such as in the GCC.

Investments in Bahraini, Saudi and UAE fintech scene picking up

Looking ahead, KPMG’s pan-continental team of authors expect fintech investment to remain “very robust in most regions of the world”, with fintechs focused on payments, financing solutions, banking-as-a-service models and B2B services pr

World's millionaires are moving to Dubai for safety, luxury and tax benefits

2,000 millionaires move to Dubai in less than a year despite COVID-19

Middle East's wealthy investors are focusing on tech, energy and financials, says Pictet

The key is in creating a balanced investment strategy that takes into account the specific risk appetite of the investor

Research, Comment and Analysis