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

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)

Testing times ahead for Turkey’s financial system

Crisis of confidence dents credit outlook and the liraTesting times ahead for Turkey’s financial system

Lebanon Central Bank head expects economy to grow 2% in 2018

Riad Salameh said estimates made in the light of a slowdown in the real estate sector and stable consumption

South Africa’s Ramaphosa On Investment Drive In Middle East

The state visit will also present an opportunity for South Africa to increase co-operation with Saudi Arabia in light of the country’s new strategy for Africa.

Capital Intelligence affirms GIB ratings

GIB’s ratings are therefore not constrained by CI’s sovereign ratings for Bahrain

Building the Digital Silk Road

With the UAE’s strategic geographical position between east and west, companies in the country stand to be among the top beneficiaries of the BRI.

Outlook for Bahraini banks remains negative: Moody’s

Problem loans will rise modestly to 6.5% from an estimated 5.8% at the end of 2017.

SAP: Saudi Arabia Ranks as Top Digital Banking Market in Middle East and North Africa

Among the Kingdom’s biggest digital banking growth drivers are moving to the cloud, which SAP supports with the recent launch of its local public cloud data center in the Kingdom.

String of UAE firms disclose exposure to Abraaj Group

First Abu Dhabi Bank, United Arab Bank, Waha Capital and Al Qudra Holding among those with degree of exposure to private equity group

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