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

A perfect storm for Middle East oil importing countries: IMF

Average real GDP growth for oil importers in 2020 is expected to contract by 1 per cent

Islamic finance charts high-tech future

According to the ratings agency Standard & Poor's, the Islamic finance industry has in its relatively short existence grown to be worth $2.1 trillion.

Reputation of financial advisers in the UAE deteriorates: MEIP report

Second place was occupied by recruitment companies, who were considered the worst profession last year; telemarketers came third with estate agents in fourth position.

Turkey wealth fund to get takeover powers in battle against coronavirus

The wealth fund controls Turkey’s largest state-run enterprises, including two banks and Turkish Airlines, the country’s flagship carrier.

Egypt Second Quarter GDP Growth to Exceed 1%, Deputy Minister Says

The Arab world's most populous country has enforced a nightly curfew, banned large public gatherings and closed schools and universities in a bid to curb the spread of the virus.

Lebanon In Crisis: FFA Private Bank CEO Jean Riachi Q&A

Jean Riachi, founder and CEO of FFA Private Bank talks to Global Finance about the current state of the Lebanese banking industry.

Envision the World You Want to Re-enter After the Shutdown

Apply Lessons Learned During Lockdown to Climate Action

UAE banks do not require more stimulus from central bank, Al Ghurair says

Funds worth Dh205bn were made available to the banks for lending, UBF chairman says

Global Financial Markets Regulatory Review - Dentons

The reports for each country include links to further information and contact information for Dentons professionals.

Digitisation and regulatory compliance to support profitability of UAE banks

UAE banking sector better prepared to withstand COVID-19 impact

Jordan At A Crossroads

A new IMF funding package and anticipated economic reforms offer a ray of hope for the kingdom’s battered economy.

Lebanon’s creditors divided over draft financial restructuring plan

The plan, which is still being discussed by the Cabinet, was drawn up in the wake of Lebanon defaulting on its hefty foreign currency debt last month.

Interview: Global Ventures founder sees investment opportunities in post-COVID-19 world

Pandemic will spark innovation in agriculture, education and health

What The COVID-19 Crisis Will Mean For Family Office Investment Disputes

The family office community will need to be more prepared than ever to handle investment-related disputes as they arise in the coming months.

Lockdown Burnout: An employer’s guide to exhausted staff

At this disrupted time, many businesses and their key staff are working harder than ever to give ‘business as usual’ service.

One in five plant species is estimated to be threatened with extinction worldwide. Around the world scientists and plant enthusiasts are working to preserve our bio-heritage. But why does it matter so much?

REFILE-UAE stimulus to help bank liquidity but virus may increase problem loans - Moody's

The central bank on Sunday boosted its stimulus to a total of $70 billion from a previously announced $27 billion to guarantee liquidity in the banking system.

World’s Richest Arabs 2020

Arab billionaires’ total wealth declined 19.4% from a total of $58.7 billion to $47.3 billion, dropping by $11.4 billion—more than the wealth of the two richest people in the Arab world combined.

Emirati banks’ investments in Saudi, Egypt exceed $30bln in nine months

Investments in the UK topped the list

Investor immigration market and the UAE – A rise in popularity

Over the past few years, investment immigration has been highly popular with UAE residents.

Research, Comment and Analysis