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

Most UAE consumers are financially aware, 67 percent have long-term goals: Survey

More than half of survey respondents believe that instalments would help manage finances

Upturn in business conditions gains momentum in May

Both the wholesale and retail and the services sectors continued to drive expansion in May, and financial services remained a bright spot.

Dubai’s branded residences top choice for global high-net-worth individuals

The data revealing that 69% of HNWIs around the world are now interested in owning a branded property in the emirate, up from 59% in 2023

World's richest have never been so wealthy

Fortunes of 'high net worth individuals' (HNWI) have risen as stock markets have surged

Lombard Odier research identifies expats’ motivations for relocating to the UAE

The study highlights the strong draw of the UAE for Western expats, more than 40% of whom cite high quality of life and investment opportunities as the primary drivers for moving to the region.

Mashreq CEO Ahmed Abdelaal: the man who aims to make Dubai's oldest lender 'not a bank

Banking veteran is driving growth and digital transformation after taking over from Abdulaziz Al Ghurair, Mashreq's chief executive of almost three decades

UAE’s top 10 banks see net income rise 9.3% to $5.7bln in Q1

A&M said sector has reason to remain optimistic as interest rate cycle reversion is likely to come in the autumn

UAE: Most employees have a second job or business, expert says

Having 'something on the side' is becoming more common, particularly among Gen Z employees

ADGM says assets under management soar by 211% in Q1 2024

The financial hub said the total number of operational entities jumped by 30 per cent to reach 1,950

UAE: Can employers ban employees from joining rival firms, force them to leave country?

A worker may end his or her relationship with a company by serving the stipulated notice period mentioned in the employment contract

UAE banks set to achieve strong results despite likely rates cut

In the first quarter of 2024, all banks in the country reported remarkable profit growth

E-commerce market in the UAE is expected to surpass Dh48.8 billion by 2028

Compound annual growth rate of the Mena e-commerce industry has grown by 25% from 2018 until 2023

Getting it right: The Middle East’s generational wealth transfer

Implementing succession plans can be a stabilising force for families

Dubai ranked No.1 globally for attracting Greenfield FDI projects for third successive year

The city was also No.1 globally within key clusters including consumer goods, energy, e-commerce, and tourism for Greenfield FDI projects attraction

Middle East CEOs and boards more concerned about leadership attraction, development, and retention compared to global peers

New research by Heidrick & Struggles reveal that talent concerns rank high for Middle East leaders

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