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

Tenants facing credit reports is a sign of maturing UAE property market

Analysts say more widespread use of credit data will provide added benefits to tenants and help reduce rental disputes

UAE marching towards becoming a $500B economy

Leadership determined to scale new heights by boosting all sectors - backed by technology and innovation - in order to rise up the ranks of the world's economic elite

A decade of opportunities awaits Arab countries

Saudi Arabia and the UAE are expected to see some of the Middle East's first smart cities

Awqaf announces achievements of endowment banks

HE Sheikh Dr Khaled bin Mohamed bin Ghanem al-Thani emphasised that the six endowment banks, which cover community affairs, were able to have an effective role and tangible impact in the various sectors and groups of society

Will the long boom in global markets last another year or should investors cut and run?

While this past year may not predict how markets will perform in the year ahead, it can offer a few clues

What the United Arab Emirates can show asset-rich nations in Africa

Abu Dhabi’s oil is the explanation the UAE holds some $1 trillion in resources and saves through two of its significant sovereign riches reserves, the Abu Dhabi Investment Authority (ADIA) and Mubadala.

Guide to Middle East risks in 2020

At the same time, drone and missile strikes on Aramco’s facilities in September served as a reminder of the region’s political fault-lines and the potential pitfalls investors face.

UAE Banks Federation outlines 2020 priorities

A leading industry association for the UAE banking sector, it comprises 52 members, 22 national (Commercial and Islamic), 28 foreign, and two special status banks, regulated by the Central Bank of UAE.

Macau Won't Overtake Qatar as Richest Economy After All

The significant revision comes as Macau’s economy entered recession this year for the first time since the VIP gambling crunch of 2014.

Dirham will maintain its supremacy in years to come

Since the dirham is pegged to the dollar, hence, any movement in greenback directly reflects in the UAE currency.

UAE- Financial Policy Coordination Council holds meeting

Three periodical meetings are held annually, and the council is reconstituted every three years.

Kuwait continues philanthropic action throughout '19

Following are major philanthropic contributions by the Gulf country.

UAE central bank expects 2% GDP growth in last quarter of 2019

The figure is a sign of “the big improvement” in the Gulf nation’s economy, WAM said.

A Real Estate Empire Built on Dark Money

It also includes new real estate development projects, like a new 26-floor apartment tower in Dubai.

2020 is a turning point for Middle East economies

In addition, Saudi Arabia’s economy is seeing minimal growth of around 0.1%, weighed down by the renewed oil production cuts by OPEC+.

Can you own a private jet if you care about climate change?

Climate change protest movements such as Extinction Rebellion, as well as growing popular awareness about the environmental impact of fossil fuels, are giving commercial flyers a sense of "flight shame".

Top 10 enterprise IT in the Middle East stories of 2019

All this digital momentum in the Middle East has seen a rapid increase in demand for cloud services. In turn, this has attracted investment in infrastructure from the likes of Amazon Web Services. The cloud computing supplier has set its footprint in the

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