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

ESG factors gaining importance in investor scrutiny

Incremental sales attributed to tourist buying, softened price

Emirates NBD has also witnessed an overall increase in transactions on its digital trade finance platform, smartTRADE.

The report focuses on the 38 economies in which the EBRD invests.

The research found that while employees were keen to embrace remote working

Gross domestic product expanded by 6.8 per cent compared to the same quarter of 2020

Achieving scale is one of the main and most difficult challenges currently faced by wealth managers.

The rating agency forecast that the government's net asset position will remain a rating strength, averaging 120% of GDP over 2021-24.

The Global Aggregate bond Index rose 0.7% on the week; major equity markets gained at least 2%.

The strategy seeks to increase the contribution of tourism to Bahrain’s GDP to reach 11.4 per cent in 2026

Short-term credit grew by 13 percent

Egypt is one of main arteries for flow of global trade, which makes it an attractive destination for international investors

The London-based firm added that the expected expansion would leave GDP approximately 1 percent above its pre-pandemic level.

El-Etreby noted that the banking sector has a plan to counter cybersecurity threats in cooperation with the Central Bank of Egypt.

“It’s built on a two-way exchange that brings the best of our firm but also empowers and enables top talent.”

Prices in the Saudi capital soared by 17 percent, while in Jeddah they increased by 12 percent, according to the latest Knight Frank research

The monthly gains pushed GCC's year-to-date returns to one of the highest globally at 36.1%, Kamco Invest said in its montly report

Total operating revenue increased by 67% while net operating profit increased by almost 88%

“Our payment flows are one of the largest in the world,” he added.

The multi-year plan represents one of the Kingdom's largest economic reform programmes, said a Bahrain News Agency report.