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

Sheffield Dis-United

The comprehensive decision will be an important precedent to consider in future shareholder disputes, particularly those involving a ‘deadlock’ situation.

Dubai’s Careem rides high after $3bn Uber buyout

Ride-hailing app sets sights on becoming one-stop shop with expansion into deliveries

Dubai Regulators Flagged Standard Chartered

Senior executives, including global private banking head Didier von Daeniken, were scheduled to meet Dubai regulators this month, the sources added.

Ofcom rejects inquiry into Saudi Arabian investor in Evening Standard

The Standard is controlled by Evgeny Lebedev, 39, the son of Alexander Lebedev, 59, a Russian businessman and former KGB spy.

EBRD and Credit Libanais joining forces

Credit line and trade finance limit will support small and medium-sized businesses and intra-regional trade in Lebanon

Kuwait MP: 'Expats must pay even for the air they breathe'

Al-Hashim has a long history of attacking migrant workers in Kuwait, as she has repeatedly demanded the deportation of Egyptian workers in particular.

Grant Thornton celebrates launch of a new member firm in Lebanon

Grant Thornton is delighted to announce the launch of the new member firm in Lebanon as a regional hub for the Levant.

Burgan Bank Participates in Central Bank of Kuwait’s International Banking Conference: "Shaping the Future"

Burgan Bank will be present among global industry peers from the financial sector, along with prominent delegates, CEOs, industry experts, and key figures from government and regulatory bodies.

Regulators urged to proactively manage debt systematically

Avoiding bankruptcies of potentially viable businesses will not only help preserve jobs in our region, but can also be a driver of economic growth.”

Asset Protection - Why Jersey Trusts And Foundations Appeal To Middle Eastern Clients

Other reasons for establishing a trust or foundation include the ability to preserve confidentiality against the public

Dentons launches '50 for 50' CSR Challenge in the Middle East

Named the '50 for 50' Challenge, the initiative aims to inspire all members of the Firm's Middle East offices to give back to their local communities by dedicating time or resources to any number of 50 approved CSR initiatives by Ramadan 20

Saudi Arabia's banking regulator sees mortgage market doubling in next few years

Kingdom has already seen significant growth in mortgage loans provided by commercial banks

Saudis condemn Israeli prime minister's West Bank annexations plans

Critics said this could inflame the Middle East and eliminate any remaining Palestinian hope of establishing a separate state.

New law bolsters Qatar's role in combating money laundering, terror funding

Amir issues Law No. 20 of 2019 to issue a law on combating money laundering and terrorism financing

Trust in UAE banking sector shows a strong year-on-year increase from 68% to 74%, reveals a recently conducted UBF Survey

The results of the 4th edition of the Trust Index Survey also showed that overall impressions have improved, with 83% of participants recording a 'very positive' perception towards UAE banks, compared with 76% in 2017 and 72% in 2016

Legal, Tax, Regulation & Compliance