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

Arabian Dreams: UBS Bolsters Middle East Presence

The breadth of experience of these executives suggests UBS has opted for an aggressive expansion strategy into the region.

EFG Wealth Management Israel CEO: “This is a country that is eternally optimistic”

CEO of EFG Wealth Management Israel, Joseph Wolf, spoke to CTech at Calcalist’s 2024 Forecasts event about the resilience of the Israeli economy.

ADIB-Egypt introduces personalized Shariah-compliant private banking services for high-net-worth clients

ADIB-Egypt’s vanguard Shariah-compliant private banking proposition redefines wealth management standards

Emirates Family Office Association announces strategic partnership with government of Bermuda

UAE’s sole association for family offices to strengthen industry ties across UAE and Bermuda

Island’s partnership with United Arab Emirates praised

The memorandum of understanding signified “a shared ambition between the EFOA and the Government of Bermuda to strengthen cross-border ties between family offices registered in both jurisdictions”.

Farro Ventures to set up wealth management, international mobility offices in Dubai

The Farro Capital and Farro & Co offices will be under the DIFC and IFZA jurisdictions

Sohar International awarded ‘Best in Class Wealth Management and Advisory Services'

At the renowned Signature Luxury 100 Awards

FAB Private Banking launches fund to support UN Sustainable Development Goals

FAB SDG Fund targets investments that address social and environmental challenges

Egyptian billionaire Nassef Sawiris to move family office to Abu Dhabi

Mr Sawiris intends to redomicile his NNS Group in the ADGM

UBS Billionaire Ambitions Report 2023: The great wealth transfer

For the first time in nine editions of the report, billionaires have accumulated more wealth through inheritance than entrepreneurship, indicating that the great wealth transfer is gaining momentum

Expat investors to drive growth of SJP's Dubai wealth business, says COO

UK wealth manager St James’s Place opened its third international office and first in Dubai to cater to the growing expat population in the UAE.

Julius Baer 2023 family barometer

‘Rising Generation’ are willing to take bigger risks and sets clear expectations towards their wealth advisors

Expats in the UAE: understanding the new tax residence rules

It was suggested that they had not truly moved their life and were not spending enough time there.

Next generation of ultra-rich families willing to take bigger risks

Region's wealthy families start involving young in money matters between ages of 26 and 35, says Julius Baer

Lunate and BNY Mellon to Invest in New Wealth Technology Company

Based in the Abu Dhabi Global Market (ADGM), Alpheya will be funded with a capital commitment of $300 million and is expected to start serving clients in 2024.

Mirabaud: Ultra service for HNW clients (US$1M - US$5M)

Private Bank Servicing Clients with Investable Assets between US$1M-US$5M Founded in Geneva, Switzerland in 1819, Mirabaud is an independent, family-owned and family-led international banking Group.

Middle Eastern investors embrace self-directed wealth management

Despite the apparent lack of loyalty, a majority of investors in the Middle East still show a preference for local over international firms.

ADIB recognized as the Best Islamic Private Bank globally

Latest accolade is part of Private Banking Awards 2023 by Professional Wealth Management Magazine, a Financial Times publication

QNB named ‘Best Wealth Manager Servicing in Qatar’ 2023 by WealthBriefing

The prestigious award is a testament to the bank’s standing as the leading wealth management institution in Qatar

Lombard Odier wins award for top international bank in the Middle East

The former recognises the outstanding performance from a private bank servicing the MENA region with a headquarters outside the region.

Wealth & Asset Management