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

Oman posts budget surplus of $1.7bn in H1 of 2023

This figure is up from the 1.1 billion rials recorded during the corresponding period in 2022

UAE family office Vivium Holding acquires VIVA Sotheby’s International Realty in Spain

The company is now present in 4 territories, providing clients access to homes in EMEA

Network International’s half-year revenues reach $239m

The payments company said growth was driven by the UAE’s resilient domestic consumer spending and a strong influx of tourists

Dubai office space demand surges 23% in H1 with prime locations growing in popularity

The DIFC remained the emirate's best performing location, driven by Brookfield Place, where rents remain well above the wider DIFC average of around Dh2,799 per square metre

UAE: Gold sinks Dh3.75 per gram on resilient US economy, weak dollar

Analysts slightly lowered their gold forecasts for this year

NBK organizes a lecture on “Future Working Worlds”

For Its Employees, in Partnership with IE Business School - Madrid

UAE: Eight banks that could turn you into a millionaire overnight

Besides participating in popular weekly raffle draws in the Emirates, there is also the potential to experience a life-changing windfall through savings account

Second salary in UAE: Jobs that can get residents extra income of up to Dh10,000 a month

Experts says there has been a lot more requests coming through for part-time roles

Bahrain’s spirit of innovation, commitment to sustainable development continue even after the pandemic, minister tells Arab News

Noor Alkhulaif says commitment to “leaving no one behind” and technology adoption were crucial factors behind success

Analysis: How Egypt’s fintech ecosystem is finding its pace and dragging banks along

The report highlighted how Egypt’s strong regional relationships with Gulf countries shape much of its fintech landscape.

Succession planning for Middle Eastern families – solutions that are fit for a king

Pursuant to this, our toolkit has expanded exponentially.

Gulf economies are open to doing business with all

Series of strategic summits with key global partners are working to GCC’s benefits

Family businesses are on the rise in Dubai: here’s why

The number of high-net-worth individuals in Dubai has risen significantly, and the city’s leading global financial hub is paving the way for this affluent community to manage family wealth efficiently within a robust regulatory jurisdiction.

Sheikh Hamdan reviews Dubai’s H1 2023 economic progress

The city has emerged as one of the world’s safest and most attractive cities to live, visit and work

UAE jobs: Hiring increases in local market, jobseekers demand more flexibility

The growth in job market was seen in a majority of the sectors including aviation, real estate, travel and tourism and many others

Wages payment through WPS grew 10% to RO4.4bn in 2022

CBO has been directing banks to attract the largest number of private sector establishments to register in WPS.

This tiny emirate wants to be the next haven for billionaires

The ruler of Ras Al Khaimah, a northern territory of the United Arab Emirates, has big plans for his small nation.

Fitch Affirms National Bank of Egypt at 'B'; Outlook Negative

NBE's National Long-Term Rating of 'AA(egy)'/Stable reflects its creditworthiness relative to that of other issuers in Egypt.

OBG report to spotlight Kuwait’s investment landscape

OBG has signed a milestone memorandum of understanding with Kuwait Direct Investment Promotion Authority (KDIPA) to support its research. Under the agreement, which marks 10 years of partnership between KDIPA and OBG.

UAE, Pakistan business relations strengthen, new deal to explore renewable energy projects

The UAE’s Special Envoy for Climate Change showed keen interest to enhance partnership with Pakistan in all domains

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