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

UAE’s top 10 banks see net income rise 9.3% to $5.7bln in Q1

A&M said sector has reason to remain optimistic as interest rate cycle reversion is likely to come in the autumn

UAE: Most employees have a second job or business, expert says

Having 'something on the side' is becoming more common, particularly among Gen Z employees

ADGM says assets under management soar by 211% in Q1 2024

The financial hub said the total number of operational entities jumped by 30 per cent to reach 1,950

UAE: Can employers ban employees from joining rival firms, force them to leave country?

A worker may end his or her relationship with a company by serving the stipulated notice period mentioned in the employment contract

UAE banks set to achieve strong results despite likely rates cut

In the first quarter of 2024, all banks in the country reported remarkable profit growth

E-commerce market in the UAE is expected to surpass Dh48.8 billion by 2028

Compound annual growth rate of the Mena e-commerce industry has grown by 25% from 2018 until 2023

Getting it right: The Middle East’s generational wealth transfer

Implementing succession plans can be a stabilising force for families

Dubai ranked No.1 globally for attracting Greenfield FDI projects for third successive year

The city was also No.1 globally within key clusters including consumer goods, energy, e-commerce, and tourism for Greenfield FDI projects attraction

Middle East CEOs and boards more concerned about leadership attraction, development, and retention compared to global peers

New research by Heidrick & Struggles reveal that talent concerns rank high for Middle East leaders

Bain & Company tops LinkedIn’s 2024 list of best workplaces to grow your career in the UAE

This prestigious recognition highlights the firm’s continued commitment to fostering an environment where employees can thrive and grow their careers

Moody's raises Jordan's credit rating for the first time in 21 years

Moody's highlighted the "stability" of public finance indicators for the upcoming years

Forbes Middle East unveils the region’s top travel & tourism leaders

Meet The 100 Leaders Creating Opportunities For MENA’s Booming Tourism Industry

EBRD, FCI hold conference to promote factoring, supply chain finance in Jordan

They also shared case studies and real-world experiences to show how these tools support trade, businesses and economic growth.

DIFC sees ‘surge’ in interest on 1st anniversary of its new family wealth centre

Last year, DIFC launched the first Family Wealth Centre of its kind in the world

IsDB chief vows to support private sector in member states

Speaking about the event, the IsDB chief said it offers potential investors an opportunity to network, exchange experiences, establish partnerships, and launch trade initiatives.

2024 EY Global Wealth Management Industry Report

Rethinking the how

Entrepreneurs among beneficiaries of $493m Social Development Bank funding in Q1 2024

The financing aims to “support individuals and enterprises to contribute to economic development and sustain efforts toward national sustainable growth.”

Iran-Israel, geopolitical risks and investing in an uncertain world

The backdrop to escalations in the Middle East, the Russia-Ukraine war, and rising geopolitical tensions is a world divided into rival blocs.

Commercial banks credit facilities increase 5.3% to QR1.312 trillion in Feb

The public sector deposits for February this year stood at QR368.960bn in commercial banks representing a rise of 2.2 percent and 14.8 percent on monthly and yearly basis.

HNWI surge set to propel Dubai’s ultra-luxury realty to new heights

In the first quarter, Dubai’s residential property market surged to $110 billion boosted by a 55% surge in investment inflows

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