09/26/2024
Africa’s richest man, Aliko Dangote, to establish family office in Dubai
This strategic relocation reflects a broader trend among ultra-high-net-worth individuals (UHNWIs) seeking stable, low-tax jurisdictions to manage their wealth.
Wealth & Asset Management
09/26/2024
SG WealthTech platform StashAway launches HNWI wealth offering in the UAE
StashAway Reserve offers clients in the MENA region to access wealth advisory and private markets investment services.
09/24/2024
Santander Private Banking expands global presence with first regional headquarters in DIFC
It will provide services for high-net-worth and ultra-high-net-worth individuals in the Middle East
09/16/2024
EFG private banker relocates from Switzerland to Dubai
A private banker that has had stints in Hong Kong and Zurich, has relocated to Dubai.
09/13/2024
Family offices confident recent growth in wealth will continue
More than nine in ten (92%) of those who have seen asset values increase expect even more growth over the next five years with 48% expecting dramatic increases.
09/10/2024
Burgan Bank Expands its Private Banking Network to Include Al-Adailiya Branch
Confirming its commitment to offering high-net-worth clients a convenient private banking experience
09/10/2024
Former BOS Middle East market head launches MFO
The multi family office, which currently operates as a team of five, is looking to provide wealth management services with a purpose-driven approach.
09/09/2024
What are you seeing in the global private wealth industry right now? By Ernesto Mairhofer, Head of Private Wealth and Family Offices of Citco Corporate Solutions
Citco offers a fully comprehensive breadth of services that can be customized to fit individual client needs
09/05/2024
JPMorgan Sets Up Dubai Private Banking Team to Tap Wealth Boom
JPMorgan’s international private bank is larger than any of its US rivals
09/05/2024
Deloitte Private’s latest report in its Family Office Insights Series
The family office arena has been growing rapidly
09/03/2024
GBST wins Best EMEA Wealth Platform Technology Provider for Composer at International FinTech Awards for the second year running
The award recognises the value that GBST’s Composer SaaS platform brings to leading financial organisations globally following its multi-million-dollar transformation to cloud-native architecture.
09/02/2024
Nomura Unveils Hiring Plans for Wealth Management
There are currently 50 bankers in Hong Kong and 40 bankers in Singapore.
08/29/2024
M/HQ Ranked Top for Private Wealth Management in Chambers Global 2024 Guide; Yann Mrazek Achieves Band 1 Ranking for 7th Consecutive Year
Clients also praise Yann for being ‘acutely aware of international market trends and the way UAE platforms provide useful solutions for clients.’
08/28/2024
Survey: 71% wealth owners retain assets in one country
The survey reveals that 47% of family wealth consists of financial assets.
08/27/2024
Capital Union Bank launches in Abu Dhabi
The bank launches with the former CEO of UCAP, Peter Albinsson, to head it in Abu Dhabi.
08/13/2024
Family offices race to professionalise services amid industry surge
Governance, management and infrastructure have all improved – but there are still challenges on the horizon
08/08/2024
Top family office trends in 2024: A Middle East perspective
ME PoV Summer 2024 issue
08/07/2024
Ultra-net-worth, high-net-worth individuals fuel UAE’s strong investment activity
Through the first six months of the calendar year, DFM’s total consolidated revenue grew by 40% to AED305.7 million ($83.23 million), up from AED218.1 million in the same period of 2023
08/07/2024
Kuwait’s Boubyan Bank selects Temenos to modernize retail, corporate and private banking platform
Boubyan is migrating to Temenos’ modern core banking platform to enhance business agility and operational efficiency
07/25/2024
Titan Wealth to acquire Dubai headquartered wealth manager AHR Group
The acquisition of AHR is Titan Wealth’s first international deal