10/06/2022
Global wealth firm opens Dubai office
In a bid to serve HNW clients with cross-border financial planning needs
Wealth & Asset Management
09/26/2022
Julius Baer is bullish on the Middle East as region outperforms global business
The Swiss private bank, with $442.7bn in assets under management, will open a new hub office in Qatar next month to boost presence in the region, chief executive says
09/23/2022
Top Rothschild Banker Moves to Dubai
Rothschild’s Asia head of equity advisory Finlay Wright will relocate from Hong Kong to Dubai later this year
09/14/2022
Dubai ranked 23rd-most popular city for world’s ultra-wealthy
The city is home to 67,900 millionaires, new report finds
09/08/2022
Are UAE advice clients unprepared for the wealth transfer?
‘Region has long struggled with the concept of estate and succession planning’
09/05/2022
Remittances of expats in Saudi reach $23.46bln in 7 months of 2022
Personal remittances of expatriates dropped 7.3%
09/05/2022
Bahrain to restructure board of wealth fund Mumtalakat, BNA reports
Mumtalakat, which has alittle more than $18bln in assets under management, released its standalone annual results in June, showing that it had swung to profit in 2021 from a loss in 2020
09/05/2022
Credit Suisse deepens Qatar connection
He is a member of the Al-Thani ruling family of Qatar.
08/30/2022
Rothschild & Co launches a Wealth Management representative office in Israel
This development is in line with the group’s strategy to invest in markets where it has an established network and reputation.
08/22/2022
Saudi billionaire takes £182mn stake in M&G
Last week, FTAdviser revealed that M&G Wealth is gearing up to launch an IFA buyout scheme for firms nearing retirement
08/15/2022
Saudi billionaire’s Kingdom Holding invested $3.4bln globally since 2020
Prince Alwaleed Bin Talal's investment firm bought depository receipts worth $527mln in Russian energy companies earlier this year
08/12/2022
Invesco partners with UAE wealth firm to create model portfolios
To fill ‘gap in the market for tried and tested investment solutions for international clients’
08/12/2022
Invesco partners with Secura International to provide model portfolio solutions
The model solutions are constructed using a robust and disciplined investment process which incorporates extensive manager research to produce optimized multi-asset portfolios aiming to address highly complex investing challenges
08/09/2022
DIFC Launches First Global Family Business and Private Wealth Centre
The Centre is also expected to attract family businesses and UHNWIs from the region and globally to establish a presence in Dubai.
08/08/2022
Northern Trust Asset Management Launches Quantitative ESG Strategy for EMEA and APAC Investors
The NT World Quality ESG Strategy Expands Manager’s Sustainable Quantitative Global Offering in EMEA and APAC
08/03/2022
DIFC unveils private wealth centre
To help UHNWs across the Middle East with succession planning
08/02/2022
Julius Baer makes two senior appointments to reinforce growth of Sub-Region Middle East & Africa out of Geneva
Jonathan A. Conner and Thomas E.M. Kloss will join the Bank in Geneva as Senior Relationship Managers as of 1 August, reporting to Yvan Wicht, Group Head Middle East & Africa Geneva.
08/02/2022
Asset Management FinaMaze completes the Fintech Saudi program
The UAE asset and wealth management firm participated in the Fintech Saudi Demo Day after it successfully completed the Program
08/01/2022
NBO Named Best Private Bank Oman 2022 at World Economic Magazine Awards
NBO offers a full suite of Private Banking Solutions, a portfolio of investment and wealth management products and services including global investment funds and structured products.
07/28/2022
Oman’s financial wealth may reach $89bn by 2026
As per the BCG report, global financial wealth grew by a staggering 10.6 per cent from 2020 to 2021—the fastest rate in over a decade.