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

GCC economies to grow at slower pace on lower energy income, global conditions: World Bank

In the UAE, real GDP is projected to grow by 2.8% in 2023 down from 7.6% last year

Herbert Smith Freehills announces the opening of its Riyadh office

Bolstered by two experienced projects, energy and infrastructure partners joining the office from the firm’s global and regional network

UAE banks improve customer sentiment by seven percentage points: KPMG report

Average customer response rate improved, with almost two-thirds of priority conversations receiving a reply

Dubai’s luxury residential market forecast to grow 13.5% in 2023 amid higher demand

Prime values are rising due to the city's safe-haven status and strong demand from ultra-high-net-worth individuals, Knight Frank says

Jordan’s credit ratings maintained ‘BB-,’ stable outlook: Fitch

The rating agency estimated that Jordan’s general government budget deficit declined to 2.7 percent of the gross domestic product in 2022.

BCG: UAE a leader in readiness for 'massive metaverse opportunity'

The metaverse ecosystem is quickly expanding in the Middle East, and the UAE appears ready to take full advantage.

‘Sustainable projects enhance circular economy’

We see at the waste treatment to create a closed loop ecosystem

‘Correction in housing rentals will take place in due course’: Experts

The slowdown in Q4 is almost directly attributable to the World Cup

Quotes attributed to UAE Climate Tech

Thanks to the wise leadership's vision

Banking job boom and surging salaries in Saudi Arabia

According to recruiter Hays, most banking professionals in Saudi Arabia can earn around 20% more than their Western counterparts.

KPMG Report: Bold people strategies are crucial in achieving competitive edge in HR

Saudi Arabia has been introducing initiatives to build the capabilities

BCG expands presence in Qatar

BCG’s new office, home to over 70 employees, is in Doha’s Pearl Island, a fascinating man-made island that sits on four million sqm of reclaimed land.

Strong earnings spur stocks rally amid concerns over banks and inflation

Markets are on edge over the uncertainty of Federal Reserve interest rate hikes

Five ways to get your finances back in shape

In global financial uncertainties, Saxo Bank urges financial literacy

Dubai records over $599mln in realty transactions Monday

The sales included 352 villas and apartments

UAE: Four-day work week improves time management, social skills in education sector, study says

It was conducted based on a survey which was filled by more than 7,000 educational and administrative staff, more than 31,000 families from 70 nationalities

UAE Second Salary programme: Earn an extra salary by investing as little as Dh1,000

Minimum three-year investment plan by National Bonds – all you need to know

Saudi Arabia climbs 17 places on the World Bank’s logistics index

This quick elevation comes within a very short span of time as Saudi Arabia ranked 55th in 2018 and barely edged up from its 52nd rank in 2014 listings in the index that has 139 countries.

Dubai among the fastest-growing cities for the super-wealthy

New York resumes its position as top destination for millionaires, report says

Emiratis working in UAE private sector up 11% in Q1

The Ministry added that it is working to elevate the economy in the country through public-private partnerships, and is keen to implement targeted measures to enhance the role of Emiratis in the job market, particularly in the private sector, news agency

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