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

Majority in UAE willing to bank with tech firms: study

This trust can translate into a willingness to try banking with these companies, particularly among young respondents.

Sovereign wealth funds gaining from new uses of assets – report

Sovereign wealth funds continue to be interested in ways to maximise their risk-adjusted returns over the long term.

UAE bank profits to improve on higher loan yields, lower provisions

Improved local liquidity driven by higher oil prices to moderate competition for deposits

UAE aims to become oasis of stability in the Middle East

The UAE’s energy plans are well-braced to help sustain investor confidence in the face of political and economic winds

Gulf clients are ‘poorly prepared’ for wealth transfer

Report finds only 6% of respondents believe family businesses will make it to the third generation

Arabian Business Achievement Awards 2018 - Dr Habib Al Mulla

This legal eagle is still one of the most sought-after for legal representation, with a string of high-profile victories that rival the best in the world.

Emirates Palace spends about $130,000 a year replacing gold ceiling

The gold leaf typically lasts for just four to five years, according to the palace, and so it's constantly being replaced.

Middle East should learn from Hong Kong’s evolution

Pressuring firms to appoint new leadership could also drive change

Middle East welcomes ten new members to billionaire's club

For the MENA region, its 52 billionaires (with only one member falling from the list in the past year) together boast a wealth of $165.1 billion, up from $143.8 billion in 2016.

More work to be done to improve UAE legal structure, says Al Mulla

Often called ‘the father of UAE law’, Al Mulla is a well-known figure in the country’s legal industry, having spent more than 30 years drafting many of Dubai’s legislative structures, including the free zone concept.

Report: Middle East countries safer than Europe, US

The report gathered statistics from the World Economic Fund, the World Risk Report, the UK’s National Health Service Fit for Travel website and the British Foreign and Commonwealth Office.

Strategic investments in spotlight at forum

The day-long event at The Ritz-Carlton Bahrain was organised by Tenmou

Cartier honors its historical ties to Middle East

Cartier’s event featured the largest-ever 3D hologram screen, on which the maison’s iconic panther was seen strolling graciously.

Auction of Saudi tycoon's properties to start Dec 2

The case is separate from the scores of Saudi businessmen and prominent figures who were held on corruption charges last year at Riyadh's Ritz-Carlton Hotel, although it touches on similar investor concerns about corporate governance.

Report: UAE Banking System Stable for Now

Profitability will improve slightly as rising interest rates support net interest margins.

NBB receives special award from Citi Bahrain

NBB head of coverage, corporate and institutional investment banking Ali Abdulkarim; relationship manager financial institutions Amal Safar; head of treasury operations Nabeel Kazim; and Citi head of financial institutions, Bahrain and Kuwait, Omar Kopti

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