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

Succession planning for Middle Eastern families – solutions that are fit for a king

Pursuant to this, our toolkit has expanded exponentially.

Gulf economies are open to doing business with all

Series of strategic summits with key global partners are working to GCC’s benefits

Family businesses are on the rise in Dubai: here’s why

The number of high-net-worth individuals in Dubai has risen significantly, and the city’s leading global financial hub is paving the way for this affluent community to manage family wealth efficiently within a robust regulatory jurisdiction.

Sheikh Hamdan reviews Dubai’s H1 2023 economic progress

The city has emerged as one of the world’s safest and most attractive cities to live, visit and work

UAE jobs: Hiring increases in local market, jobseekers demand more flexibility

The growth in job market was seen in a majority of the sectors including aviation, real estate, travel and tourism and many others

Wages payment through WPS grew 10% to RO4.4bn in 2022

CBO has been directing banks to attract the largest number of private sector establishments to register in WPS.

This tiny emirate wants to be the next haven for billionaires

The ruler of Ras Al Khaimah, a northern territory of the United Arab Emirates, has big plans for his small nation.

Fitch Affirms National Bank of Egypt at 'B'; Outlook Negative

NBE's National Long-Term Rating of 'AA(egy)'/Stable reflects its creditworthiness relative to that of other issuers in Egypt.

OBG report to spotlight Kuwait’s investment landscape

OBG has signed a milestone memorandum of understanding with Kuwait Direct Investment Promotion Authority (KDIPA) to support its research. Under the agreement, which marks 10 years of partnership between KDIPA and OBG.

UAE, Pakistan business relations strengthen, new deal to explore renewable energy projects

The UAE’s Special Envoy for Climate Change showed keen interest to enhance partnership with Pakistan in all domains

Deadline for companies to meet Emiratisation targets ends today

The deadline was extended from June 30 to July 7 to give companies more time to reach their targets

How well are you being served by your bank?

Banks need to shift from being purely reactive to go all in on proactive measures

UAE’s Emirates NBD introduces compliant carbon market trading

The offering will help the bank’s clients to seamlessly tap global carbon credit markets to support their net zero ambitions and sustainability goals

Moody’s affirms Sohar International ratings, downgrades HSBC Oman

The banks had received transaction approval from Oman’s Central Bank in February this year.

Dentons' UK, Ireland and Middle East region posts strong trainee and apprentice retention figures for 2023

Dentons' apprentices are included in its newly qualified figures for the first time, since its apprenticeship scheme launched in 2017

UAE economy primed for stronger growth in H2 2023

The World Bank has forecasted a 2.8 per cent growth in the UAE’s real GDP for this year

Unlocking global charitable impact from the Middle East

Most jurisdictions in the Middle East impose controls and limits on international grant-making by domestic charities.

Private sector must take further action to retain Emirati talent, finds latest survey from PwC Middle East

The survey polled 500 nationals working across the UAE public and private sectors and new graduates emerging into the workplace.

Saudi Arabia’s unemployment rate falls to 5.1% in first quarter

According to the GASTAT report, workforce participation among female citizens is also rising.

Dubai’s luxury real estate market is booming. Here’s why

With growing demand and upcoming supply, the year looks promising for Dubai’s luxury property market

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