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

Qatar's consumer sector one of the least affected by the pandemic: KPMG

Qatar government has announced a QR75bn stimulus package to the private sector, apart from an additional QR10bn fund support to the QSE.

Is your low-carbon portfolio destroying the planet?

What leads to this counter-intuitive outcome?

Banking's New Reality: Getting Remote Work Right (Part 1 of a Multipart Series)

Here are the common missteps banks should avoid to successfully enable remote work and digital operations, during the pandemic and beyond.

Harnessing the power of digital

Wael Salem, Chief Executive Officer, Tradesocio, on the new era of bespoke investment

COVID-19 Spot Survey: Implications on Globally Mobile Employees

Assignees remaining in host country locations are being directed to follow local country mandates including stay-at/work-from-home and self-quarantining as needed.

The gold price could rise to $3,000 say analysts. Here’s how I’d aim to profit

If you’re bullish on gold and expect the price to keep rising, there are a number of ways to gain exposure to the commodity.

Gold: One More Chance To Get On Board Next Week

If we stay isolated for many more months, we could see a major deflationary cycle. Governments are spending record amounts of stimulus, while printing record amounts of money.

Gulf lenders can absorb up to $36bn shock, says S&P

The rating agency acknowledges a high degree of uncertainty about the rate of spread and peak of the coronavirus outbreak with some government authorities estimating the pandemic will peak about midyear.

Dubai, hit by lockdown and oil price crash, could be headed for another debt crisis

The coronavirus crisis follows a number of years of declining revenues for some of the emirate’s most important sectors, primarily real estate and hospitality.

Standard Chartered: gold prices supported by investment demand

Data are showing a sharp decline in economic activity as the world combats the COVID-19 pandemic.

Saudi Arabia hosts virtual G20 business chiefs meeting for post-pandemic strategy

Yousef Al-Benyan: We must prioritize micro, small and medium-sized enterprises across the world as they are being hardest hit

Etihad continues to progress sustainable initiatives to help cut carbon emissions

This year, Etihad has worked with Boeing, GE Aviation, EuroControl and others to test and implement measures to reduce fuel consumption, carbon emissions and noise.

Coronavirus: Abu Dhabi to re-open bus services Saturday

Department of Municipalities and Transport to conduct 48-hour sterilization campaign

GCC banks’ strong earning capacity to help them navigate current downturn

Banks could absorb a hit of up to $36bn before starting to deplete their capital base, S&P Global Ratings says

GCC corporate earnings to take a hit from coronavirus outbreak

Regional markets are expected to remain at a state of heightened volatility

Saudi Real Estate Refinance Co expects only temporary mortgage slowdown

SRC purchases home loan portfolios from mortgage financing companies and banks to boost a secondary mortgage market that has helped to service rising housing demand among the kingdom’s youthful population in recent years.

Salman Faqeeh, managing director of Cisco Saudi Arabia

Faqeeh obtained a bachelor’s degree in management information systems in 2002 from King Fahd University of Petroleum and Minerals

The world remade by COVID-19 - Deloitte

Planning scenarios for resilient leaders

The coronavirus effect on global economic sentiment - McKinsey

Two-thirds expect a sizable contraction in the world economy, and a record share predict declining company profits.

Machine Learning for non-bankable asset investing

The first bridge to cross for operating non-bankable assets in a wealth management frame is to value them ex-post accurately, which is to be able to provide a reasonably accurate estimate of their price today.

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