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

73% of Saudi Arabia's HNWI's want to buy a new home in the next 12-months

50% will be looking for a villa

Why Middle East clients are turning to Guernsey for philanthropy

Charitable giving in the Middle East is part of the fabric of society.

Banks post impressive growth last year

Banks’ strong growth during last year was driven by improvement in economic condition.

Boursa Kuwait plans to list 8 family-owned firms to expand trading

Several companies are expected to list this year and family-owned companies are rearranging their investments for the purpose of listing in two years: Boursa Kuwait CEO

Fintech Investments in Egypt Surged Over 300% in Past Year: Report

The report revealed that FinTech in Egypt has “grown at a rapid pace over the last few years.”

Abu Dhabi records Dhs71.5bn of real estate transactions in 2021

There were a total of 14,958 sales and mortgage transactions, with Yas Island topping list with Dhs4.1bn in real estate deals

Saudi Arabia sees a 770% growth in venture capital investments

The number of investors in Saudi startups rose by 192%, reaching 76 in 2021, up from 26 three years earlier

CEO interview: Abu Dhabi private equity firm Gulf Capital sets eyes on Asia

Firm keen to look at IPO exits in Saudi Arabia, Egypt, Abu Dhabi, Dubai

UAE banks could see 15% rise in net income

Mortgage and SME borrowers may come under pressure, says S&P Global

Philippines, UAE Agree to Start Talks on Trade, Investment Deal

The Philippines may serve as a UAE’s strategic hub for the Southeast Asian region, as economic activities continue to shift to Asia.

EY: Unprecedented surge in MENA M&A activity in 2021, with 661 deals worth US$99bln

The total number of deals in 2021 reached 661 after a low of 397 in 2020

National upskilling initiatives see more Emiratis join private sector: ADGM Academy-KPMG report

Four cohorts of UAE nationals have successfully graduated ADGM Academy's Pre-Audit Qualification Training programme, one of the most successful Emiratisation initiatives.

Saudi's real estate activity to rebound this year: CBRE

Transactions in key cities starting to show signs of an upswing

QBA to support Qatari businessmen seeking investments in UK, says top official

his would achieve tangible benefits for both parties, noted Sheikh Fasial, who underscored the importance of the British market for Qatari businessmen.

UAE sovereign wealth funds with combined assets of $1.4 trillion top GCC

Abu Dhabi Investment Authority ranked fourth globally witth $697.86 billion

Egypt inflation forecast to rise to 7.5% in 2022 on rising food, energy prices

The central bank may need to hike interest rates, warns Oxford Economics

Thematic investing and the importance of Millennials in shaping the economic landscape

Their aim is to create diverse portfolios of global equities that are multi-regional and multi-sector/industry in nature with a specific focus on the application of demographics in the search for those opportunities.

Bahrain Association of Banks Chairman honoured

Yousef holds an MBA from Hall University in the UK and an honorary doctorate in business administration from Al-Jinan University in Lebanon for his efforts in serving the Islamic economy. – TradeAraabia News Service

Egypt M&A activity further accelerates in the second half of 2021 leading to the full year tally: Baker McKenzie Report

By number of worldwide deals for H2 2021, total volume increased by 4% vs H2 2020 with 29,482 deals and for FY 2021, total volume climbed up by 24% compared to the previous year with over 63,000 deals announced during the year.

Dubai bids to attract 50 multinational companies in 3 years as Prince William visits

The new strategy announced for the next three years (2022-2024)

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