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

Fintech and smart cities: the future?

How does a mobile-first, digital banking industry interact with future smart cities? We look to the Middle East to find out

Women in the Middle East will soon hold $1 trillion in wealth

In the Middle East, women manage nearly $800 billion in assets, amounting to 13% of the region’s total wealth of approximately $6 trillion.

Dubai Investments publishes 2019 ESG report

The report presents Dubai Investments’ efforts to support international frameworks and national visions and objectives

Kuwait’s SWF witnesses steady growth despite crisis globally

Kuwait has sovereign savings of $655bln, which have accumulated over the decades as a result of surpluses from oil revenues

Has the Fed Cancelled Bankruptcy? - Sanctum Wealth Management

US and European government bond yields are not just coming up short against their respective equity markets but also against inflation.

Lockdown could trigger exodus of expats from UAE

Up to 10% may leave the region, but what does this mean for financial advice?

The world economy on a tightrope

The global outlook is highly uncertain

EBRD and JPMorgan Chase Foundation to support small businesses in Turkey

The EBRD’s Women in Business programme has so far supported over 20,000 female-led MSMEs in Turkey

UAE is 3rd most attractive target for cybercriminals

High per capita income and internet penetration rate make UAE stand out.

Qatar Ranks Third in Forbes Middle East’s Top 100 Companies

The Qatar National Bank with assets worth $259.5 billion and market value worth $42.6 billion is at the second position of the list and the top listed bank in the region.

Qatar banking industry shows higher resilience; positions itself for emerging opportunities: PwC

Going forward, banks in Qatar can further mitigate risks and position themselves for emerging opportunities during this volatile period

UAE hiring starts to pick up after sharp coronavirus fall -LinkedIn

As a regional business and tourism hub where expatriates make up around 80% of the population, the UAE has been hit hard by restrictions to slow the virus' spread.

UAE Sees More Economic Pain Before a Fourth Quarter Recovery

A drop in employment is expected in the second and third quarters, with a recovery in the fourth.

Majority of UAE banks plan to enable open banking in one year

94% of respondents agree or strongly agree that collaboration has been a driver for success in their organization

GFH Group completes $500mln sukuk issuance

The proceeds from the Sukuk issuance will be used to further strengthen GFH’s balance sheet

Northern Trust Whole Office To Accelerate Growth

Last month Northern Trust announced an alliance with BlackRock as part of this Whole Office strategy of working with other firms.

Qatar- Banks 'key enablers' to successful restart of local economy: QIB chief

The necessary preventative measures put in place to protect the public health and stop the spread of the virus are naturally having a negative impact on businesses, making it difficult for some of them to meet critical short-term payments and commitments.

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