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

Gulf millennials set to inherit $90trln in 20 years

Middle East witnessed a 6.2% increase in the super-wealthy last year

UAE banking sector poised for continued growth in 2024

The banking sector has been able to confirm its strength and flexibility in dealing with all global geopolitical and economic challenges and changes.

UAE has the some of the most experienced - and youngest - CEOs

Across the Middle East, CEOs are not much older, the regional average age is 55.

NBK urges regular review of account activity for unauthorized or suspicious transactions

Continuing advocacy of the “Let’s Be Aware” banking awareness campaign

‘If you don’t integrate AI, you’re out’: Shark Tank contestant talks future of startups

Dr Abdullah Al Shimmari, an entrepreneur and participant in TV shows like Bebaan and Shark Tank, shares insights into securing funding and the future of AI in business

BCG celebrates successful partnership at the Quantum Innovation Summit 2024

BCG shared invaluable insights into the quantum technology sector and investment trends

Qatar offers promising opportunities for innovators and entrepreneurs

Qatar is rapidly transforming into a hub where a promising outlook builds on a strong economic foundation, a future-ready infrastructure lives alongside timeless hospitality

Qatar offers promising opportunities for innovators and entrepreneurs

I do see the summit as a big step and believe that it will be a game changer for our ecosystem.

Middle East Investment Panorama Report Unveils Booming Wealth Management Industry in GCC

The report also highlights the importance of attracting and retaining skilled client-facing staff amidst growing competition.

Gold finally clears $2,150 an ounce for new high as part of 3-day price surge

UAE shoppers find gold prices are going for new highs far too frequently

Knight Frank MENA secures record-breaking AED 26mln secondary sale at Address Beach Residences JBR

This record-breaking transaction, involving a 4-bedroom unit, has set a new benchmark for a secondary sale in the building

LOGIC Consulting wins top workplace and well-being award in KSA

The ceremony in Riyadh awarded 19 honours to public and private organizations and leaders who have demonstrated outstanding commitment to promoting happiness and well-being within their workplaces.

Knight Frank: Dubai shows strong luxury price growth in global market trends for 2023

Luxury prices around the world increased by an average of 3.1% in 2023, with Manila (26%) leading the rankings and Dubai (15.9%*) in the second spot

Alvarez & Marsal-Releases FY2023 UAE Banking Pulse

This was primarily due to higher interest income, significant growth in advances, expanded net interest margins, and improved asset quality.

Egypt banks awash in local pounds chasing scarce foreign currency

The central bank did not immediately respond to a request for comment.

UAE and Qatar lead in GCC banking sentiment index

Saudi Arabia dominated the conversation within the GCC’s banking sector with an overwhelming 83.3% of total online conversation

54% of women in Middle East and North Africa region lack understanding of investments, survey reveals

As an increasing number of women emerge as business leaders in the MENA region, there is evident proof of women becoming more astute and actively engaged in decisions related to their financial well-being.

How Bank of Singapore is set for its next phase of growth in the Middle East

They are the future of wealth and are three of the world’s fastest-growing wealth regions in the world.

Open banking market could reach $43bn in 2026: Saudi Capital Market Authority chief

Open banking practice allows banks and financial institutions to give third-party financial service providers access to consumer banking

Jaywan in UAE: Soon, all debit cards to be issued with new payment solution

The cards are to be issued to residents who have bank accounts or to those who are banking with exchange houses

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