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

Emirates NBD Dubai Economy Tracker

Dubai's non-oil private sector growth accelerates in April but prices fall further

Global biodiversity is collapsing, warn scientists

The first global assessment of biodiversity and ecosystem services has held humans largely responsible for looming mass extinction of species and has urged immediate action to avert disaster.

DFM-listed banks report AED5.51 bn net profit

Within this context, Emirates NBD accounted circa 50 percent of the combined profits, reporting AED2.74 bn, followed by Dubai Islamic Bank which posted AED1.34 bn, or 24 percent.

Diversity Is Just the First Step. Inclusion Comes Next.

Many companies are taking steps to increase the diversity of their workforces.

Macro and Markets Weekly by Gary Dugan

The Chinese will feel more comfortable dealing with the matter than they did last year.

Millionaires flee their homelands as tensions rise and taxes bite

Wealth migration figures point to present conditions - such as crime, lack of business opportunities or religious tensions - but can also be a key future indicator, said Andrew Amoils, head of research at New World Wealth.

UAE private sector growth picks up at fastest pace since December 2017: PMI

External demand also picked up markedly as new work from Saudi Arabia and Oman in particular pushed the rate of growth in new export orders

Climate change pushing ME region to build more desalination plants

According to Juez, to establish desalination plants in the Middle East, "there’s a lot of work and money required".

Saudi non-oil economy sees strong business conditions in April, says Emirates NBD

There is a 'robust' increase in business activity, with the rate of growth quickening for the fourth month in a row to the fastest since December 2017

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.'

Assets of Saudi investments funds grow by 15% in 2018

Assets of public investment funds registered $29.82bln

Abu Dhabi ranks 12th in 2019 ‘Doing Business’ report: World Bank

Abu Dhabi has jumped 23 places on the global ranking for doing business

Egypt's United Bank expected to be sold to US investment fund in 3 months: CBE governor

The United Bank is the country's third largest bank, with a capital of about EGP 3.5 billion; the acquisition, if finalized, would contribute to strengthening the country's foreign reserves and banking system

Wealth clients willing to pay for financial advice, 33% switch providers - study

Research says more than 80% of wealth management clients express interest in financial advice and planning, yet half of these remain on the sidelines

GCC jumps 39 percent in M&A deals

In a report, MARKAZ confirmed that the Kuwait Finance House granted in January its preliminary acceptance of the average of stock exchange with AUB Bahrain.

Meet the Arab Wonder Women of the ICT World

Women in the Arab world are currently taking leading positions in numerous national and international companies, proving that nothing is impossible.

GCC’s best completed projects revealed; UAE bags seven awards

“We are honoured to be a partner with MEED in recognising projects excellence in the GCC.

Saudi Arabia woos investors months after Khashoggi murder: Report

Top bankers praise Saudi Arabia's economic prospects, fail to mention Jamal Khashoggi's murder

Arab Banking Conference Sheds Lights on Importance of Economic Diversification

"The successful organizations, just as the successful people, like Riad Salame, Governor of Central Bank of Lebanon, or the Middle East Airline or other Lebanese institutions, are always under attack because they are successful," he pointed out.

Al Khaliji holds seminar on growing importance of treasury for students

The interaction was steered by Tahir Hayat Pirzada, Head of Investments and Capital Markets Treasury, Al Khaliji where he discussed on the nuances of the treasury department and the crucial role it holds in the financial sector.

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