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

'Green is the new black' as pandemic sharpens focus on sustainability for Middle East home buyers

50% of buyers say energy efficiency is 'very important' for their next home purchase

Qatar banking sector remains 'safe, sound and solid', says QCB governor

“Concerted efforts on vaccination and other support measures facilitated Qatar’s economy to rebound back to normalcy. Given the strength of our banking system, the supportive measures initiated by QCB will make the sector resilient enough to w

The coronavirus effect on global economic sentiment

Executives’ sentiment on economic conditions continues to be positive, even as concerns mount—yet again—over the pandemic’s threat to growth.

PwC Middle East 2021 Working Capital Study: Companies need to embrace capital efficiency to recover and support value creation

$27.8 bn excess working capital is currently trapped on regional corporate balance sheets

Citibank UAE: Things to look out for while choosing the best wealth management solutions

It offers bespoke wealth management services that are tailored to align with customers' financial goals

S&P affirms Saudi’s rating on expected rebound through 2024

Gross debt is expected to continue to increase until 2024 as deficits are partly funded by public debt issuance, though Saudi Arabia will stay in a net asset position on its fiscal and external balances, S&P said.

Record US$ 10m+ home sales as Dubai, Abu Dhabi residential markets bounce back

New record of 54 US$ 10m+ homes sold in Dubai

Lebanese PM to meet financial adviser Lazard soon over rescue plan

Lebanon would be lucky to get IMF framework by year-end

Dubai's real estate market set to bounce back with the upcoming Expo 2020

In celebration of the occasion, developers offer free hotel stays, Expo 2020 tickets, and more, to excite investors in the UAE.

Booz Allen Hamilton expects new priorities for UAE's real estate sector beyond Expo 2020

The six-month long Expo extravaganza promises to be an unprecedented showcase of ingenuity, innovation, progress, and culture

More effort required to boost trust in AI in financial sector, OECD says

The OECD Business and Finance Outlook 2021 says that investment in AI finance is on the rise.

Two global awards for KIB

Bank nabs 'Best Bank Capital Sukuk' and 'Best Bank Sukuk' awards

KPMG Report: NBFIs lending in Saudi Arabia sustained growth in 2021

The publications provides a directional view on the $14.5 billion (SAR 54 billion) NBFI industry covering the real estate, automotive, commercial equipment and other consumer financing

KSA has strongest banking system among GCC, S&P Global Ratings says

The rating firm said the most vulnerable banking system among GCC countries is the United Arab Emirates (UAE)

All eyes on Dubai for global super rich

The emirate is popular for the ultra-wealthy and the Expo will only boost that appeal

Why The World’s Wealthy Have Quietly Moved To Dubai

Eventually a villa on its own private estate was identified. It had a basement that could be converted into a giant garage.

The State of Luxury Real Estate in Dubai

Jacqueline Johns, principal at Dubai Premier Estates, shares her insights into the impact of the pandemic on Dubai’s real estate market, as well as new trends to watch out for, and what the rest of 2021 holds

How Saudi Arabia's top 10 banks performed in the second quarter

Across the board, the operating efficiency of Saudi Arabian banks deteriorated significantly driven largely by a 13.7% increase in operating expenses, after improving substantially in the previous quarter.

Marked rise in tenant movement in Qatar mid, high-end residential categories in H1: KPMG

The decline for the high-end category was primarily driven by the apartments category (nearly 2%) located towards the north of Doha.

Doha Bank CEO honoured at ‘ICAI International Research Awards 2021’

The 118 published research papers were received from 15 countries, which were reviewed by a panel consisting of subject matter experts, technical reviewers, and an international jury from different continents, which was chaired by Alan Johnson, president,

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