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

Bank’s research forecasts Mena real GDP growth of 2.7% in 2020

Privatisation, in particular, has received a boost in Saudi Arabia and will have further momentum in 2020.

Class of 2019: First Abu Dhabi Bank

Analysts think that FAB has the best potential platform of any bank in the region. Can its management deliver?

Turkish economy exceeded expectations in 2019, finance minister says

Setting a trend of positive growth, the Turkish economy delivered a performance that exceeded expectations last year and is forecast to post significant growth this year

Brexit will have limited impact on UAE tourism

The UAE offers an attractive lifestyle and, of course, a tax free income that is far from the case in the UK.

New study names Dubai sixth best city in the world in 2020

It was also named the No. 1 city in the Middle East and North Africa…

World Bank slashes UAE, GCC, Mena growth forecast

Growth projections for Saudi Arabia, Qatar, Oman, Kuwait, and Bahrain were also lowered by the World Bank.

Three themes shaping GCC financial services

These three themes of regulation, consolidation, and digitisation can strengthen the GCC financial sector and thereby promote economic development and reform.

The world's tallest hotel to open in Dubai...again

The First Group will seek formal certification for Ciel Tower as the tallest hotel in the world ahead of its opening date.

Making money in low risk Arab banking shares in a volatile 2020

A fool and his money, alas, are soon parted with relish in the stock exchanges of the Arab world.

Michael Klein: the Middle East Expert at Credit Suisse

It comes as just another fly in the ointment for Credit Suisse, which was one of the co-lead managers in an IPO that didn’t quite go as planned.

Revealed: Top 25 companies listed on the Dubai Financial Market

Arabian Business counts down the largest listed companies by market capitalization.

Out of Control

The markets view the immediate risks as two-fold, firstly the threat of inflation from persistently higher oil prices and secondly a dip in global growth.

Digitalisation seen as a competitive advantage by Middle East private businesses

But levels of investment and implementation when it comes to digital technologies are still far from being advanced.

Number of UAE expats looking to emigrate to Canada 'surges' in 2019

Cost-effective options gaining popularity, says consultancy firm

Why Middle East cities should worry about climate change

The global sea level is likely to rise 20-30cm by mid-century, says a Climate Central report

Why financial literacy among millennials is very important

Not being financially literate is a problem that could directly affect the country's future economic growth.

UAE passport named 'best' of the decade

Two years ago, the UAE set a goal to be within the top five most powerful passports in the world by 2021.

Qatar’s Islamic financial services sector growth prospects 'closely tied' to country's economic expansion: OBG

Islamic financial services have been growing at a “strong” pace over recent years, with shariah-compliant assets expanding at a compound annual growth rate (CAGR) of 11% between 2012 and 2017, outpacing their conventional counterparts.

Three ways to invest $10,000 in the first three months of 2020

Both the UK stock market and emerging markets could be in line for a comeback

Israel discovers 1,200-year-old 'piggy bank' with gold coins

According to archaeologists, "these gold dinars were issued by the Aghlabid dynasty that ruled in North Africa, in the region of modern Tunisia, on behalf of the Abbasid Caliphate centered in Baghdad."

Research, Comment and Analysis