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
Wealth & Asset Management
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
02/28/2022
Jupiter Asset Management wins gold
Jupiter was recognised with a gold award in the Global Bonds category for its global flexible unconstrained fixed income offering
02/28/2022
The investor paradigm is shifting – what’s next?
In 2020 and 2021 alone we made huge investments in our digital and client-facing solutions to enhance features such as digital on-boarding.
02/10/2022
Wealth creation to fuel opportunistic Middle East capital
It is estimated that $6.5 billion of capital from GCC countries will target global outbound real estate investment opportunities in 2022
02/10/2022
Investors are waiting for the right opportunity: UBS
UBS’ Investor Sentiment Survey found that UAE investors were concerned about the pandemic, rising healthcare costs and the global trade conflict
02/04/2022
UBS Starts Shared Services Hub in Doha
The hubs provide centralized shared services to the bank in a variety of functions, among them finance, technology, human resources, operations, risk control, legal and internal audit.
01/27/2022
Standard Chartered receives in-principle approval for its first branch in Egypt
This reflected positively on the overall Egyptian economy.
01/14/2022
Hong Kong single family office expands to Dubai
Tsangs Group has launched a new office at the Dubai International Financial Centre.