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

Saudi Arabia is stumbling in its efforts to build a global financial center

Saudi Arabia is the world's top-performing stock market in 2018, but its long-term vision of building a global financial center is moving slowly.

Bahrain's currency peg likely to remain intact, but kingdom's banks face tough times ahead

The kingdom's recent oil discovery will benefit the economy in the long-term, but will not solve short-term problems, experts say.

Qatar pushing for financial inclusion and literacy

Innovations in technology like mobile payments, mobile banking and borrower identification using biometric data enabled easier and less expensive use of financial services, while increasing financial security, the QCB said.

Long bank holidays send wrong signal to businesses

Limiting bank closures will help facilitate the UAE’s role as a business hub

The Effects of Expats’ Departure on Real Estate Market in Kuwait

Hike in electricity and water tariffs affected the investment real-estate sector along with the exit of a large number of expatriates.

Burgan Bank’s operations in Turkey fully hedged against lira fluctuations

Eguren: We are not anticipating any major impact

Saudi banks see no significant impact from lira depreciation

The currency has lost nearly 40 percent against the dollar this year

UAE’s top-four banks to maintain stable profitability into 2019, report says

The lenders’ combined net profit in the second quarter rose 21% year-on-year

Meet the 50 Most Influential Expats in UAE

Around 30 per cent of them hail from Arab countries while British expats topped the list with eight executive leaders followed by five expats from Lebanon and Egypt each.

UAE most competitive economy in Mena region: World Bank, WEF

World Economic Forum and WB reports state that country’s economy is resilient to shock

Qatar National Bank names Vietnam as Asia’s newest ‘tiger’ economy

According to QNB analysts, the manufacturing boom fueled exports to annually surge 20 percent in the period compared to the 17 percent increase posted for the entire 2017.

Qatar Investment Authority becomes largest investor in Credit Suisse

QIA is set to play crucial role in boosting tourism sector of Indonesia.

Governments Around The World Must Rethink Their Structure In The Face of Disruption

Rising Citizen Expectations, Rapid Technological Change, and Increasing Complexity Are Putting Major Pressure on Government—and Making the Traditional Hierarchical Public-Sector Structure Dangerously Outdated

Want to save? Try this old-school coin bank

#IponChallenge becoming popular among Filipinos in Dubai and it enables them to save in an easy and fun way

HSBC: Earth is running out of the resources to sustain life

A group of analysts at HSBC said in a note that cited research from the Global Footprint Network (GFN) that the world spent its entire natural resource budget for the year by August 1

Survey suggests Manchester is on the radar of Middle East property investors

Almost 70% of investors agreed that rental yields in northern cities are greater than London, with over a third of investors revealing that they choose UK cities based on where capital growth is strongest.

The best high-interest savings accounts in the UAE

Depending on how long you want to lock in your money, there are rates of up to 4 per cent for savers looking for better returns on cash

New businesses flock to Qatar's financial centre

Readings above 50.0 signal an improvement in business conditions on the previous month, while readings below 50.0 show a deterioration.

The Global CIO Office Weekly by Gary Dugan

Consensus forecasts are that global growth will be around 3% through the balance of the year - sufficient to provide upside risk to inflation or at least the threat of it.

Asset quality on mend but some issues seen lingering

Implementation of IFRS 9 to tighten credit cycles

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