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

Abdul Latif Jameel family wealth up by $11.5bn after Rivian's IPO

Shares in its IPO were priced at $78 to raise about $11.9 billion, which is the sixth largest haul on a U.S. exchange, Bloomberg added.

Ocorian triumph at MENA Awards

The awards are designed to recognise outstanding organisations in the MENA region grouped by specialism and geography, which the prestigious panel of independent judges deemed to have ‘demonstrated innovation and excellence during the last year&

Further Success for JTC at MENA Awards

Judged by a panel of independent experts, the Awards are recognised across the industry as a demonstration of achievement, top class performance and innovation.

LGT Middle East honored with three Awards

LGT Middle East was able to convince the 18-member jury of private bankers and independent consultants with top performances in all three areas.

From a domestic to a global focus; the drivers of diversification of GCC family businesses

This heavy concentration in one geography carries inherent risks as does the fact that the portfolio is in one asset class – private equity, which also poses a risk in that it is highly illiquid.

Odyssey CEO runs 50km race to raise money for kids with cancer

Your donation will help to change the life stories of the children who are battling the toughest fight, cancer.

Dubai to encourage IPOs from private firms to revive market

The city merged its economic and tourism departments on Saturday

Bahrain aims to attract direct investments

Aims to attract $2.5bln in direct investment by 2023

Is There A Mini-Tantrum Brewing

The ECI is not always the most likely data release to move markets, and this one was no exception.

AHR Private Wealth launches advisory practice for SME businesses

“It is with real pride that we announce Steve and Stephen as co-Managing Partners of our Corporate Advisory Service business,”

GFH starts strategic partnership with Schroders Capital

GFH and Schroders Capital complete first co-investment in the Healthcare Sector

HSBC Holdings 3Q 2021 Earnings

This was reflected in more consistent top-line growth, robust lending pipelines across our businesses, and rising trade and mortgage balances.

Dubai unveils new rules to address needs of ultra-wealthy families

Dubai has emerged as one of the most popular cities in the world for ultra-wealthy families, after more than 2,000 high-net-worth individuals moved to the emirate in the first six months of 2021.

UBS eyes Mideast expansion with new wealth desk in Dubai -memo

Raoul Rahme, who worked at Barclays and Credit Suisse, will be head of DIFC sales.

DWTC Authority unveils new licence rules for single and multiple family offices

The city's population of HNWIs rose 3.8 per cent to 54,000, up from 52,000 in December 2020.

No Tantrum Just Taper

For now, Evergrande doesn’t seem to be triggering a contagion, but the space needs to be watched.

All For Nothing

Economic data continued to surprise the analysts to the downside during the quarter.

Is the commoditisation of the UAE foundation structure harming its development?

In order to get the best from your foundation, it is first important to consider:

6 reasons why you need a good wealth advisor

In such cases, wealth management services may come in handy

Wealth management in the GCC: Massive transformation looming

Hybrid wealth management will be the way forward

Wealth & Asset Management