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

Size matters as Gulf banks continue to seal takeover, merger deals

UAE has 46 commercial banks for 9.5 million people, while Saudi Arabia has 12 local lenders and 14 foreign-bank branches for 33.6 million people

Middle East digitisation

Ahmed Al-Faifi, Senior Vice President and Managing Director at SAP Middle East shares his views on technology in the region, the threats and opportunities that lie within.

Foreign capital inflows expected to rise significantly in the Gulf, says UBS

UBS CIO expands coverage in wake of rising foreign investment in Middle East, particularly in Saudi Arabia

Bahrain central bank’s net foreign assets rebound in June

Foreign assets have been under pressure as Bahrain runs fiscal and current account deficits fuelled by low oil prices

Emirates NBD debunks myths on hiring people of determination

Bank publishes research findings on UAE employers' perceptions on hiring people with disabilities

Cayman Islands Is Israel's Third Largest Source of Foreign Investment

Cayman Islands Is Israel's Third Largest Source of Foreign Investment Use of the offshore financial haven masks the true origin of money pouring into Israel’s tech sector

Nine megatrends of the future to shape investment growth - RESEARCH

The increasing power of the millennial generation will continue to influence business; a growing population will drive modernisation in food production and environmental conservation.

UAE, Middle East business confidence rebounds

Confidence in the region is at its highest since 2015, survey finds

UBS sees rising foreign investment in Mideast

UBS has been on the ground in the Middle East for more than 55 years

UAE banks' liquidity set to remain healthy

Six of top lenders grow deposits market share, while five boost loans and advances market share

Why are Israeli banks asking customers where their money comes from?

For many years Israel was a ‘Switzerland for Jews’ when it came to tax evasion for foreigners. Then the US began cracking down

Jordan’s Arab Bank Group net profit up 5% to $436m in H1

Total loans rose 3% to $25.5b while deposits fell to $33b

Simply Unsustainable by Gary Dugan

The US continues to mortgage its future and yet tries to call it an economic miracle.

What Now for Saudi Arabia's Planned $2 Trillion Fund?

The fund was set up in 1971 to support projects of strategic significance to the Saudi economy and for most of its history focused mainly on its home market.

Behind the Spectacular Collapse of a Private Equity Titan

Arif Naqvi rode Dubai’s rise to build Abraaj Group with an unusual business model. Was it a house of cards?

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.

Research, Comment and Analysis