05/09/2022
UK-based 79th Group family-owned business makes foray into UAE
The company currently holds 17 mining concessions in Guinea, three of which are currently undergoing exploration work by world-leading geologists, SRK Exploration.
Wealth & Asset Management
05/06/2022
UBS Investor Sentiment: Investors concerned about the war yet stay the course with their portfolios
Investors remain confident in their region’s economy and stock market, even though many expect prolonged and increased inflation
05/05/2022
Wealthy investors ‘deeply concerned’ about Ukraine war
The investor sentiment study, which polled more than 2,500 high-net-worth investors and 1,000 business owners across 14 markets globally, found that many are now more likely to shift or increase their holdings in gold, domestic stocks and oil.
04/29/2022
State Street Global Advisors expands UAE distribution
As it unveils two equity funds available to financial advisers
04/26/2022
Huriya Private: Realise financial freedom with its advisory services
Providing bespoke strategic management support to international clients since 1996
04/26/2022
EMEA Perspectives: From secular stagnation to stagflation?
Our sector preferences for energy and materials serve as a hedge to stagflationary forces
04/25/2022
Saudi Royals are selling homes, yachts and art as Crown Prince cuts income
Now, some royal family members are selling assets abroad to generate cash after Crown Prince Mohammed bin Salman, the kingdom’s 36-year-old de facto ruler, dried up many of the sources of money they had used to maintain their extraordinary spending
04/19/2022
Swiss private bank sets up office in Dubai
Bank expands its activities in the GCC and makes the opening of its office in Dubai official
04/06/2022
Oliver Wyman buys Booz Allen’s MENA management consulting business
As part of the transaction, Booz Allen Hamilton will retain its remit and team that serves US government clients with technology (cyber, security, cloud) services and defense offerings.
04/05/2022
Deutsche Bank Plans Israel Wealth Management, Trading Hires
Country head Doron Averbuch speaks in Bloomberg interview
04/01/2022
World’s 1.9bln Muslims spent around $2trln in 2021 – SGIE report
Despite the continued uncertainty related to the pandemic, global Muslim spending in 2022 is forecasted to grow by 9.1%
03/28/2022
A new hope for wealth and investment managers?
The greatest challenge to the industry to continue the current level of growth is most likely to be how to achieve scalable and cost-managed growth.
03/25/2022
The Beirut grocer’s son who became a lion of London banking
It was an idyllic childhood that has left him full of memories of playing safely with his brothers
03/23/2022
Lombard Odier aims to double assets under management in Middle East in next 5 years
Bank's business in region grew between 10-20% in past 5 years, top executive says
03/21/2022
The changing landscape of investment advisory across UAE and GCC
Clients are increasingly seeking the advice of asset managers who possess a rich knowledge of local and regional market dynamics
03/21/2022
Scandal-hit Credit Suisse shakes up board with Schwan exit
Departure of its influential vice chair Severin Schwan
03/14/2022
The Family Office revolutionizes wealth management for the tech-savvy investor
These emerging investors are more discerning and require digital solutions to cater to their fast-paced lifestyle.
03/10/2022
Fearing West's wrath, Russia's rich look to stash wealth in Dubai
The UAE is a nice medium
03/09/2022
PraxisIFM expands UAE offering with new licences and an additional office opening
The licence to conduct CCS to fund managers in ADGM will enable PraxisIFM to assist on advisory and governance matters.
03/03/2022
Number of Middle East mega-millionaires rises due to gains in property, equities
Private fortunes expanded on the back of economic recovery, gains from asset classes