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

Expats told to close bank accounts before exit

The authorities says it should be closed before their departure to ensure that no one can access their accounts for financial transfers of a suspicious nature.

AAOIFI appoints members of its new technical boards after extensive selection process, from amongst 180 nominations from 37 countries

In carrying out all these activities, we will also continue to seek inputs and feedback from all out institutional members

CBB go-ahead for Bank of Khartoum

Special focus will be on financial institutions local and international and corporate customers and high net worth individuals will be dealt with selectively.

Israeli fintech teams up with Australia’s biggest bank

Economy Ministry’s deal with the Commonwealth Bank of Australia highlights the worldwide impact of Israeli financial technology

Qatar c.bank sells fewer T-bills than planned, yield rises

Bankers in the Gulf say a reduction in fresh oil and gas revenues flowing into bank deposits has been pushing up money rates around the region.

Bank of Khartoum wins nod for Bahrain branch

The Bahrain office will be will the first branch outside Sudan and the first Sudanese Bank that will be holding an Islamic wholesale banking branch license in the Kingdom.

Dentons named Litigation and Dispute Resolution Team of the Year

Legal Innovators recognised at The Oath Awards

Dubai International Financial Centre Launches Fully-Integrated Client Portal in Line with Dubai's 'Smart City' Initiative

Centre's upgraded Portal provides an enhanced end to end solution for companies and employee services

Qatar: Board members can be sued for liability only in 3 years

These were some of the highlights at a meeting of the Ministry of Economy and Commerce with the representatives of Qatar Lawyers Association and Qatar University wherein they discussed the provisions of new commercial companies’ law.

Dubai hedge fund 'to close' amid suspicions of Danish tax fraud

A three-month hunt was launched this summer and already around $250 million of assets has been seized in raids in the UK, the Wall Street Journal said.

Arab Monetary Fund and Bank for International Settlements Organize an International Meeting on Monetary Policy in the Arab Region

Arab Monetary Fund and Bank for International Settlements Organize a meeting of central banks on Monetary Policy in the Arab Region

Turkey: Mostly Used Islamic Finance Instrument: Murabaha

The root of the word "Murabaha" comes from Arabic language, meaning "sale".

Accused Mastermind of J.P. Morgan Hack a Product of Israel’s Internet Underbelly

Gery Shalon is alleged to have run a ‘criminal conglomerate’ that reaped hundreds of millions of dollars in illegal profits

Dentons advises National Bank of Oman on its issuance of US$300 million Perpetual Tier 1 Capital Securities

Our involvement is a continuation of our Firm's strong tradition of advising on regulatory capital deals in the Middle East

Dentons welcomes new Of Counsel and associate in Azerbaijan

He then worked as the chief legal counsel to an oil company and head of the legal division of a major mobile telephone operator.

Continued awards recognition for Allen & Overy in the Middle East

These awards seek to recognise achievement and celebrate excellence in the Middle East banking and finance sector.

Dubai International Arbitration Centre Launches First-of-its-Kind Arbitration Awards in the Middle East

Central bank to closely monitor risks in the banking sector

Prudent measures may be required to counter economic slowdown

Alastair Glover crowned Rising Star at the GCC Region Awards 2015

Alastair advises local and international families, family offices and trustees on global wealth-holding structures, tax and relocation.

Jailed former Leeds United boss to pursue legal battle with Dubai employer

Haigh was sentenced to two years in jail after being convicted of “breach of trust” by the Dubai Criminal Court in August.

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