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

More job cuts in the Middle East? 77% of CEOs to drive 'operational efficiencies'

Majority of business leaders are concerned about geopolitical uncertainty

Why Middle Eastern buyers are now snapping up British country homes

Middle Eastern buyers are known for buying crazy-glitzy homes as close as possible to Harrods, but they are now looking further afield

BossLadies: Emirati businesswomen topped Forbes Middle East's list

Emiratis weren't the only women to occupy a little more than five spots in the list, though.

NBO’s Al Kanz Mega Draw Rounds off 2019 With Over 700,000 Rials in Cash Prizes

Customers are automatically eligible for the monthly prize draws by maintaining an average minimum balance of OMR 100 in their Al Kanz Savings Account.

More job cuts at UAE firms amid slow business environment: IHS Markit

Latest PMI says employment 'fell at one of strongest rates on record' in January

Three Bahraini and 23 Emirati women in Forbes Mideast power list

The combined total assets of the 100 female leaders’ companies are worth more than $500bln

A Wave Of M&A Megadeals In MENA

What started as a reaction to falling oil prices has spread from energy to banking and other sectors of the regional economy.

Savers in UAE ‘can expect $864,000 retirement wealth’

While savers in the UAE regard financial security as critical to quality of life and happiness, they also to focus on living in the here and now

Middle East’s $2 Trillion Wealth Could Be Gone by 2034, IMF Says

Within another decade, their total non-oil wealth would also be exhausted, the IMF said in the report prepared by a team of its Middle East and Central Asia specialists as well as the research department.

Building green economies impactful, sustainable and responsive, says Doha Bank CEO

Seetharaman also shared insight on SDG developments in Qatar.

Exclusive: HSBC to axe senior managers in strategy shift - sources

While it was not clear how many jobs would go, the people said the planned move would mainly hit operations in London and to a lesser extent in Asia, which contributes nearly 90% of the bank's profits.

Markaz: GCC Sovereign and Corporate Issuances increased by 24% year-on-year in 2019 and UAE-based issuers led with USD 44.818 billion

The Central Bank of Kuwait raised the highest amount amongst GCC Central Bank Local Issuances for liquidity purposes with USD 28.656 billion

UAE banks to maintain 'stable' credit profiles in 2020, S&P says

The Dh50bn government stimulus and a growth in tourism will help boost the economy and the country's banking sector this year

Investors should expect 'modest returns' in 2020, says Emirates NBD

After 'spectacular 2019', Maurice Garnier, chief investment officer, Emirates NBD, predicts single-digit growth in 2020

Saudi startups received funding worth $67 million in 2019

The kingdom is one of the MENA region's fastest growing startups and venture capital investment ecosystems.

"Back to Reality": Emirates NBD announces investment outlook for 2020

The effects of last year’s rate cuts will be felt, supporting consumer spending, helping manage the enormous amounts of debt in the system, and providing oxygen to other central banks especially in emerging economies.

Emirates NBD expects a ‘modest year’ for investor returns

Bank says high valuations, elevated global debt and persistent risks will weigh on markets

Luxury still king for GCC travellers

The Arabian Travel Market research showed that instead of waning, luxury properties, in fact, tripled in just 10 years, with 95 per cent operated by international management brands.

Saudi-based startups draw record number of deals in 2019

Accelerators accounted for nearly one third of deals

What will 2020 bring for Dubai's property market?

The emirate's real estate industry could have its biggest year yet this 2020. Here's why

Research, Comment and Analysis