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

Lebanon debt default to result in big losses for banks

Country faces extreme financial and economic pressures, says Moody’s

Record number of new firms join DIFC

The DIFC contributed to the creation of 2,034 new jobs, increasing the combined workforce to more than 25,600 professionals, up 9% vs 2018, representing more than 140 nationalities.

Banks see no reason to delay repayment of citizens’ loans

CBK sets up KD 10m fund to support govt over coronavirus

The impact of coronavirus on the UAE banking sector

Moody's Investor Services expects 'broad-based shock' to the UAE's economy

Deadly virus delays Egyptians’ travel plans

Egypt has so far recorded 55 cases of the coronavirus with one reported death, a German male aged 60 who died on Sunday

Coronavirus disease (COVID-19) advice for the public

Most people who become infected experience mild illness and recover, but it can be more severe for others.

7 Ways to Avoid Germs on a Plane

A face mask likely won't ward off coronavirus and flu germs—but hand sanitizer might.

Fiscal Policies to Protect People During the Coronavirus Outbreak

This blog is part of a special series on the response to the coronavirus.

Qatar's sustainable development initiatives showcased at global forum

Qatar has put many integrated plans and objectives for sustainable development and is working in the clean and renewable energy with plans to generate 200 megawatts of solar power during the next two years and that will be increased to 500 megawatts.

GCC economy's resilience to be tested

Region set to face severe headwinds on coronavirus uncertainty; lower oil GDP likely this year

DIFC reports 14% increase in number of companies in 2019

Market size from DIFC activities surpasses $700 billion

Coronavirus and contracts: Understanding rights, obligations, and protections

While some contracts contain a simple boilerplate force majeure provision, others may be tailored to the specific needs and geographic issues of the parties and provide detailed consequences that follow from invoking the provision.

Ultra-wealthy people in GCC expected to grow by 26%

Saudi Arabia will host 57% of these UHNWI and the UAE will be home to 23%

Knight Frank launches The Wealth Report 2020

Knight Frank’s flagship publication – The Wealth Report – takes an in-depth look at the most exciting opportunities in investment and luxury lifestyle, from the move towards sustainability in property and transport to the world's to

JP Morgan's Ward: 'Enormous ramifications' if China does not get 'back to work'

"China is absolutely integrated [in the global economy] and everybody's supply chains; it is the biggest producer of intermediate goods in the world."

Saudi private sector strong in January but coronavirus may reverse growth

Loans to the private sector – whose growth is essential to Crown Prince Mohammed bin Salman's plans to transform oil-dependent economy – rose 8.5% year-on-year

Life and critical illness claims surge in Middle East

With $111m paid out over the last three years, Zurich found

UAE banking at a time of inflection

In the current market landscape, with its challenges in connection with difficult macro conditions, growing gap between leaders and laggards, and the threat from platform businesses, many banks need to do something.

GCC bank profits, credit quality face risk from virus

Central bank asks banks to offer help to affected customers

Boubyan Bank ready to combat Covid-19

Al-Yaqout: We Have Implemented the Instructions of MOH and Other Competent Authorities to Protect Our Customers and the Society

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