09/09/2019
UAE wealth management group plans $1.3bn investment
These products will enable AIP to further address market demand for safe, liquid, and unique investments across different asset classes."
Wealth & Asset Management
09/08/2019
Kuwait Finance House Bahrain launches new wealth management services
the new Flexi Wakala Investment Accounts gives the flexibility to withdraw up to 20% of the investment amount during the investment period and profits are distributed to the clients' accounts on maturity date.
09/04/2019
KFH–Bahrain offers new wealth management products
Private banking services include several accounts that can be opened in either Bahraini dinars and/or US dollars, such as: Call Accounts which combines the benefit of savings and current accounts, with the added benefit of calculating profits on a daily b
09/03/2019
Middle East set to see wealth soar By Yusra Sarkar
ZEDRA is focused on building long-term relationships with all our clients, and this is particularly true for clients in the Middle East.
09/03/2019
Credit Suisse and Qatar Expand Middle East JV
The deal comes as a further boost for the ties between the Swiss bank and the Qatari investors.
08/25/2019
Mauritius Commercial Bank opens an office in Dubai
In his new capacity, Graewert will be working closely with MCB’s senior management team and strategic business units based in Port Louis, Mauritius.
08/21/2019
Gibraltar-based firm eyes expansion after WM acquisition
It is ‘looking at obtaining licences’ to bolster its operations
08/19/2019
Nine private banks in Egypt gain EGP 14.941bn net profits in 1H2019
CIB – Egypt tops the list by EGP 5.355bn profits, QNB Alahli comes second by EGP 4.217bn
08/13/2019
New Guernsey Finance BD Director looking to make a mark in South Africa’s private wealth scene
Guernsey is keen to grow its presence in the region, and Mr Crawford believes the country offers opportunities for the island.
08/11/2019
Saudi Prince’s Rise to Power Turns Him Into a Billionaire Boss
Mohammed Bin Salman’s grip on the House of Saud’s vast fortune is tightening.
08/07/2019
Dubai's Jetex moves into ultra-luxury concierge services, aircraft sales
The private aviation firm has a specialised department that helps plan trips that can include villas, butlers and private security
08/01/2019
StanChart first-half profit rises 3%, beats forecasts
The latest profit compared with the $2.23 billion average of 11 analyst estimates compiled by Standard Chartered.
07/25/2019
JP Morgan expects 10% annual growth in Mena wealth management business
A number of new sectors are being considered by Mena clients to boost their investment portfolio.
07/18/2019
Cyprus based firm acquires ME financial planning and wealth management company
“This gives our clients an even stronger and more diverse range of investment management skills and we believe this will enable us to deliver an even better investment proposition and service to our enlarged client base,” Mr Doherty added.
07/15/2019
Wealth Management Platform Market to Set Phenomenal Growth from 2019 to 2025
Some are the key players taken under coverage for this study are SS and C, Fiserv, Broadridge, FIS, Profile Software, Temenos, SEI Investments, Investedge, Finantix, Comarch, Objectway & Dorsum.
07/14/2019
Is Barclays planning to slash jobs in Dubai?
UK-based lender likely to lay off 20% employees in its wealth management division, reports Bloomberg
07/14/2019
Commercial Bank launches exclusive metal 'World Elite Mastercard'
We highly value our loyal customers for choosing us as their banking partners
07/12/2019
Barclays to Cut 20% of Jobs in Dubai Wealth Management Business
Layoffs include senior roles as well as support staff
07/10/2019
Global wealth continues to build beyond Europe
The ultra-HNWI population declined by 4%, and their wealth declined by around 6%.
07/04/2019
The pains of succession planning in GCC family businesses
Daniel Fleming, Head of Wealth Advisory, Middle East at JP Morgan Private Bank, sheds light on the changing trends amongst family offices and their investment behaviours.