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

Bank clerk jailed for forgery, embezzling Dh6.5m

Defendant fined Dh1m for conspiring with fugitive to change businessman’s PIN, take his millions

Shuaa Capital to Acquire Two Financial Firms

Its securities unit specializes in equities listed on the Abu Dhabi and Dubai exchanges and has more than 3,000 retail and institutional clients.

Iran, Oman sign banking cooperation MoU

Governor of Omani Central Bank said that banking relations should reach the expected level, because diplomatic relations are desirable.

California Businessman Sentenced to Prison for Concealing Over $23.5 Million in Israeli Bank Accounts

Evaded More than $8.3 Million in Federal Taxes Over Seven Years

Private Jet Charter signs an agreement with The Capital Club

The exclusive agreement will allow The Capital Club members in DIFC to book private jets and helicopters for their business or personal trips.

Asar plays key role in Equate's debut sukuk programme

The Trust Certificates have an Ijarah and Murabahah structure.

EU firms woo Gulf investors with Golden Visas

The investment options include real estate purchases, cash deposit to a government development fund or investment in one of the country’s main industries.

Al Salam Bank inks exclusive deal with Gulf Air

We are pleased to offer Al Salam Bank Visa debit and credit cardholders with exclusive discounts that will further enhance their travel experience when flying to any Gulf Air destination.

No mergers likely in UAE’s Islamic banking industry

Shortage of Sharia scholars impending growth

MetLife partners with LIMRA for globally recognised certification

MetLife, a global leading life insurance provider, has partnered with LIMRA, a worldwide research learning and development organisation.

Rise of the robot: how smart assistants will help with reforms

Applying IFRS will have a direct impact on companies' credit ratings, analysts' assessments and dividend payment policies

Basel III, higher local capital requirements to increase banks’costs

UAE banks typically have high capital ratios by international standards

National Bank of Fujairah signs Dubai declaration on sustainable financing

NBF to contribute to UAE’s Green Agenda by leveraging its expertise and supporting entrepreneurs

QCB issues instructions on fighting money laundering

Qatar has fulfilled its commitment towards international requirements in combating money laundering and terrorism financing

UAE banks to take Basel capital rules in stride

Most banks in the UAE and across the GCC region are capitalised well above the new minimum regulatory requirements

Conyers Wins Two Awards at the Islamic Finance News Awards

Conyers’ Dubai office, which marked its 10th anniversary in 2016

Abu Dhabi Global Market And The Monetary Authority Of Singapore Collaborate To Foster Fintechh Innovation And Cross-Border Activities

The CA establishes a strategic framework for both regulators to assist start-ups and innovators to better understand the regulatory regime in each jurisdiction and provide support through the application and authorisation process.

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