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

Jordan's JSC, EBRD sign MoU to support sustainable economic recovery post-pandemic

To leverage their mutual comparative advantages to support capital market advancement

Saudi Arabia’s fintech regulations can speed up Open Banking

Applied right, Open Banking can extend its reach well beyond financial services.

How ISO certification companies can set themselves apart

The first is learning over time by performing the same task over and over again. The second is experimentation and simulation to understand the principles underlying the functionality of a service/product.

Abu Dhabi reduces business setup fees by 94% from current rates - media office

Licence renewal fees for existing business owners have also been reduced to $272.27

CBUAE issues new guidance on financial institutions' implementation of targeted financial sanctions

The Executive Office acts as a central authority to ensure the implementation of TFS in the UAE

Cedar Consulting helps banks with business process re-design

Cedar surveyed and defined the status quo with a map of existing protocols from top to bottom.

ADGM makes Rules under new Data Protection Regulations 2021

In addition to the rules, the independent ADGM Office of Data Protection, established earlier this year to monitor and enforce the implementation of and adherence to DPR 2021, will also be publishing a suite of guidance documents to assist ADGM entities i

Dubai: New council to boost employment of Emiratis in private sector

The decree outlines the roles of the council, which include charting strategic plans for enhancing the private sector employment of UAE nationals; proposing and reviewing policies and legislations for advancing the council’s objectives

Tomorrow’s world of work after Covid-19: United Arab Emirates

The country’s large expatriate population and reliance on global mobility are likely to influence changing attitudes to work in the aftermath of the pandemic.

NMC founder sues EY, banks and execs for $8bln over alleged fraud

EY said in a statement: "We believe this case is without merit and we intend to defend it vigorously"

6 Indians arrested in Riyadh over illegal money transfers

SR3.4m caught in possession of suspects collected from illegal residents

United Arab Emirates publishes MAP guidance for resolving tax and transfer pricing disputes

The guidance discusses various topics

Saudi Arabia steps up crackdown on shadow economy

The government in March introduced an option for people in breach of the new law to make the necessary changes needed to become compliant.

Andersen Global Expands Practice in the United Arab Emirates

Collaborating with Andersen Global allows us to serve our clients with multi-jurisdictional needs in a seamless manner and further positions our firm as a benchmark organization that sets the standard for best-in-class, bespoke solutions in the United Ara

Legal, Tax, Regulation & Compliance