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

Are these the solutions to achieve the United Nations Sustainable Development Goals?

Dive into the critical factors needed to accelerate progress towards tackling the Sustainable Development Goals.

2019 asset and wealth management predictions

As we head into 2019, major broker dealers will continue to scrutinize the products on their platforms.

Pictet plans hiring spree to expand into Middle East and Asia

Swiss wealth manager bullish in a bear market as it raises headcount by 500

German Bank of Qatar’s Al-Thani Family Working on Takeovers

The company is a subsidiary of Luxembourg-based banking group KBL European Private Bankers SA

Citi rolls out wealth management hub in Abu Dhabi

The Citigold clients are affluent individuals with investible assets of $200,000 (£155,000, €175,000) and above.

These countries are set to see their millionaire populations skyrocket in the next 5 years

The 10 countries with the largest HNW populations grew in total by over 387,000 HNW individuals (up 2.4%) compared with 2017

Citi UAE opens Citigold lounge in Abu Dhabi

Located in Najda Street, Abu Dhabi, the Citigold Lounge covers close to 2,700 sq ft and is equipped with private meeting rooms, three ATMs, as well as facilities to host client events and investment research updates.

Entrepreneurship 'romanticised' too much, says Emirates NBD exec

Tariq Bin Hendi said many business ideas are based on current trends as opposed to solid business ideas

Luxury jet-makers woo Mideast ultra-rich with cautious optimism for 2019

After years of sluggish sales, potential buyers in the region are showing interest in new aircraft models

Israel Is Undergoing A Female Banking Revolution, Russak-Aminoach Leads The Way

Russak-Aminoach met her husband Re’em while studying in Tel Aviv.

Singapore private banks target Non-Resident Indians in Middle East expansion

Bank of Singapore the eighth largest private bank in Asia (ex-China), based on assets under management, which opened its Dubai branch in February 2017 already has 45 wealth managers there.

Dubai wealth fund ICD announces six-month net profit of $2.7bn

Investment Corporation of Dubai says revenues boosted by oil and gas and transportation during first six months of 2018

Indosuez Wealth Management expects Egypt’s inflation to slightly slow down by beginning of 2019

Egypt has targeted an inflation rate of 13% for its fiscal year’s 2018/19 budget

Falcon Private Bank: Green Light From the Middle East

The company in the first half of this year was on the brink, having lost a string of executives, relationship managers and – as a consequence – assets under management.

Arab economies’ diversification to unlock new wealth

The institution was established in 2008 to promote exchanges and cooperation in business, culture, education, civil dialogue and diplomacy.

Saudi startups win big with business incubator Oqal

SMEs in the Kingdom continue to bear the brunt of complex administrative procedures and funding challenges

Opinion: Managing the great wealth transfer

Why wealth managers in the GCC are readying themselves for a more professional future

Singapore private banks target Middle East, NRI clients

DBS plans to expand in the Middle East by doubling the number of private bankers there over the next five years, from more than 20 now, the bank said.

Qatar’s asset management industry to see sharp growth

Currently there are eight asset management firms operating in Qatar, six QFC-licensed and two operating under the regulation of Qatar Central Bank.

Franklin Templeton sets eyes on retail boost regionally

Asset manager had $717.1 billion of assets globally in 2018

Wealth & Asset Management