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

EFG- Hermes says it expects 19.3 per cent Mena earnings growth in fourth quarter

Growth in profitability is expected to be led by Saudi Arabian companies and banks as oil prices rebound

Egypt's assets move forward in 2018 with structural reforms

Healthcare, infrastructure and consumer shares have the most attractive valuations

GCC bond sales to be bolstered by financing needs in 2018, market participants say

GCC nations with the exception of Kuwait peg their currencies to the US dollar and follow the US Federal Reserve's monetary policy.

Gulf underperforms in 2017, has reason to expect better 2018

Saudi Arabia’s was up 0.2% during the year compared to a 34% leap for MSCI’s emerging markets index; Dubai fell 4.6%

Saudi HNWIs boost demand for 2nd passport by 70pc

The top three nationalities that contributed to this spike in demand were Yemenis with 31 per cent, followed by Syrians by 15 per cent, and Lebanese by 8 per cent

Banks need to adapt to millennials: Experts

“Changes in society is bringing in the need for banks to respond."

Qatari lenders strained under the ongoing diplomatic row

An escalation of the dispute with Saudi-led quarter could increase pressure and impact their profitability

Dubai joins the big league

Dubai enters the ranks of the top cities in the world, joining Abu Dhabi and Riyadh on the global list

1MDB Makes Final Payment to Abu Dhabi Sovereign-Wealth Fund

The payment’s completion could alleviate concerns about Malaysian state securities for foreign investors

Wealthy 'take to the seas for unique experiences'

Today’s superyachts offer unprecedented amenities and style – they are the palaces of the ocean.

It is Christmas in the Middle East and it looks spectacular

The Middle East has pushed the boat out again for Christmas.

Dubai has been named one of the world's top cities for luxury travel

The Emirate was voted into the number two spot by over 3 million survey respondents on the travel site Luxury Hotel Guide, Khaleej Times reports.

Berlin sees ‘smart’ Brexit deal as model for Turkey

Foreign minister suggests EU could give Ankara ‘closer kind of customs union’

Economic year in review: UAE weathers challenges

Abu Dhabi has been not idle in the face of lower oil prices, continuing to cut spending and to consolidate key sectors of the economy

Qatar: Year in Review 2017

Some of the measures implemented to boost self-sufficiency include investments in the production of domestic dairy, meat and poultry products, as well as food processing and light industry.

UAE considers expat pension schemes

“The scheme would be a major strategic step and a new experiment of its type in the region,” said the study, according to Gulf News.

Kuwait-hosted Iraqi donors conference will encourage investments - PM

The World Bank is proud of the security accomplishments the Iraqi government has made in its defeat of the socalled Islamic State group, added Hasan.

Is it possible to put a value on Bitcoin?

The geeky economist in us is inclined to say that we can, but the real world is often more complicated than models allow.

Emirates Development Bank adopts SME Finance Strategy

Emirates Development Bank Board of Directors held its seventh meeting for the year 2017, chaired by HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs at the bank headquarters in Dubai.

UAE rents still dropping, while rental yields and transaction activity is strong

This may be due to a significant amount of affordable villas released to the market in areas such as JVC and Al Furjan.

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