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

One fifth of the UAE's wealth held by 12 people, consulting group claims

While Saudi retains the largest share of wealth in the Middle East, Boston Consulting Group forecasts a slightly more even split by 2022.

Fearful of Bin Salman, wealthy Saudis look to invest abroad

The lack of appetite for investing in the Kingdom, said the FT, risks undermining Bin Salman’s efforts to overhaul the oil-dependent economy and create 1.2 million private sector jobs for Saudis by 2020.

What makes the UAE a M&A haven in the ME?

“The UAE was the most attractive target country to overseas investors in H1-18, with a total of 34 inbound deals valued at $6.6 billion,” the report showed.

Dubai-Based Luxury Expert Says City’s Downtown is Poised for Growth

Knight Frank’s Maria Morris on where to live—and where to invest—in the U.A.E. city, and elsewhere around the world

Three thoughts by Gary Dugan

The Chinese have more economic weapons than the US cares to recognise.

Dubai eyes stronger business ties with Egypt

Dubai FDI also took the opportunity to explain its mandate and role in creating a business-appropriate landscape to attract international companies and help stimulate capital growth.

Osinbajo woos Dubai investors, list juicy benefits investing in Nigeria

He declared that one of the most important economic policy decisions taken by President Muhammadu Buhari, was to do all that was possible to improve Nigeria’s business environment

UAE entrepreneurs face ongoing banking challenges, solutions proposed

Entrepreneurs surveyed state that opening a bank account can take up to three months in some cases.

UAE most complex country for corporate compliance - TMF Group

The United Arab Emirates has the most complex compliance regime of any country in the world. By contrast, Ireland is the simplest country in corporate compliance terms.

Innovative Investing

Mike Clark: Globally, we are experiencing an increased demand for UK-based property investments, asset-backed fixed income and higher-risk investments that offer better growth potential than equity and bond markets.

UAE-China investments: a bedrock of mutual economic growth

It is only natural for the UAE to solidify its investment ties with China, the world’s second-biggest economy and the UAE’s top global trading partner

Currency swaps through Renminbi Clearing Centre boost UAE- China trade

Swaps through the Center grew consistently, increasing a further 42% in H1 2018

NBK: Egypt continues to recover from 2016 foreign currency crisis

This improvement in Egypt's economic indicators was mainly driven by the "improved policy-setting

Bahrain is warned: Reform or sink

Investor anxiety builds

Israel-China Relations: Innovation, Infrastructure, Investment

One advantage China has is its good ties with both Israel and the Arab world, but the intractability of the numerous Middle Eastern conflicts means no breakthroughs are imminent.

Moody’s affirms ratings of 10 Qatar banks and changes outlook to stable

Moody’s continues to incorporate a very high probability of government support for the long-term deposit and debt ratings of the Qatari banks

Emaar surges as Abu Dhabi index hits 18-month high

What helped us today in recovery was Emaar, which led the way and helped the share close at Dh5.20

Coursera to offer transformative learning to Bank of Singapore employees

Coursera, the global leader in online education today announced its partnership with Bank of Singapore, the private banking arm of OCBC Bank.

UAE a key Middle East stop along China’s Silk Road initiative

The value of trade between the two countries grew 15.1% year-on-year in 2017

UAE banks continue to perform well, with higher profitability

Overall increase in profitability due to higher return on equity (RoE) and return on assets (RoA)

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