07/02/2019
Mahendra K. Asher: The multi-millionaire who gave up the 'American dream' for UAE
He wanted to migrate to US, but that was before he came to the UAE
Wealth & Asset Management
07/01/2019
KFH-Bahrain Wealth Management Department introduces sukuk and Lombard financing for its clients
KFH-Bahrain Wealth Management also offers a range of Sukuk to its investors allowing them the opportunity to gain exposure to Shariah compliant fixed income
06/24/2019
Global wealth expansion to support private banking
HSBC Private Banking attracted $10 billion net new money in Q1 2019
06/24/2019
Deutsche Bank helping Qatar raise funds to buy European football club
Several media reports have claimed Qatar is looking to buy British club Leeds United
06/23/2019
Mena emerges a key growth market for HSBC Private Banking
Bank targets double digit growth in client assets and revenues from the region
06/19/2019
HSBC Private Banking issues market outlook for Q3 2019
Bank sees many investment opportunities despite complex landscape
06/18/2019
KFH-Bahrain Offers New Products for Its Private Banking Clients
Wakala Investments Accounts” expands the choice of financial tools available to clients
06/12/2019
Invest in Sharjah to hold 5th FDI Forum in November
The fifth edition of the event is expected to host 1,000 leading regional and global names from a multitude of industries, who will be deliberating on the future of FDI behaviour worldwide.
06/09/2019
UAE gold prices soar by nearly Dh8 per gram in over a week
Latest rate is highest since August 2018
06/07/2019
Middle East and North Africa: Wealth Shift
Rising fortunes in the Middle East are driving the private-banking market toward socially responsible investing, Islamic products and more digital tools.
06/07/2019
In Israel, Millionaires are the New Normal
With the estimated personal wealth in Israel going up by 45% in the last decade, Israelis are now a premier target for global wealth management bankers
06/04/2019
Rich keeping large chunk of their wealth in UAE
Some of these emerging trends relate to clients wanting to be closer to their bankers, prefer to deal with banks that have a full-service offering and there is a huge growing demand for credit and related services in the country.
06/03/2019
Rich keeping large chunk of their wealth in UAE
More demand for lifestyle-related private banking services, private wealth solutions being witnessed
05/31/2019
Utmost expands into the Middle East with Dubai licence
The Isle of Man-based company is now the second largest cross-border provider of unit-linked wealth management solutions in Europe, having doubled assets under management to €24bn over the last year.
05/29/2019
Millenials Driving New Era of Investments with an Impact
According to a global report published this month, an overwhelming 97% of the Next Generation - either Gen Y or Gen Z - are interested in actively managing their family's investments.
05/27/2019
Middle East and Africa 'the engine for growth' for global wealth managers
Private high-net-worth wealth in the region is expected to grow by 6 per cent annually until 2023, says a new study
05/21/2019
Why high net-worth families in the Middle East are looking to Guernsey for private wealth solutions
A final word on demographics and global wealth trends.
05/07/2019
Moving to a low-carbon future – why banks and companies need to step up by Bill Winters, Standard Chartered Bank
We’re making progress on understanding our contribution to climate goals, but cannot go it alone
05/03/2019
Investors, central banks boost global gold demand
Central banks bought 145.5 tonnes of gold in first quarter, up 68 per cent on the same period in 2018 and representing the strongest start to a year since 2013
05/03/2019
Kuwait richest in the world – No poverty, No forced unemployment
The report pointed out that “18 percent of the total population lives below income level of half the average.”