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

The CBB supports University of Bahrain Master in Financial Technology student projects

The program will involve providing research topics for the students' graduation projects

Fostering trust will be key to safeguarding business in a digital-first economy, reveals GBM Security Report 2022

From zero-trust model to recovery strategies, the future of cybersecurity will be anchored on open conversations on ‘digital trust’, suggests report

Saudization of key health sectors begins

These include 60% Saudization in health specialization professions, 30% localization of engineering and technical professions in medical appliances, and 40% Saudization in the sales and medical appliances and supplies professions throughout the Kingdom

Vision 2030 driving development in Saudi Arabia

Saudi Arabia, the Arab world’s largest economy, is experiencing positive momentum even amid a challenging investment climate and geopolitical tensions that are dampening growth elsewhere

UAE set to attract more investments in region, says Dr Nagel

The Abrahamic Business Circle provides a platform for entrepreneurs and investors

Saudi Research & Media Group announces new HQ in Riyadh

This comes in line with the growth and expansion strategy announced by the group last year

Forbes Middle East reveals the World's Richest Arabs 2022

Meet The 2022 Class Of Arab Billionaires

UAE, Qatar, Saudi Arabia rank among top 10 in the Global Passport Index based on investment opportunities

The Global Passport Index presents an assessment of a country’s economy and business environment and offers a comprehensive overview of a country’s investment opportunities

Call to end unregulated UAE advisers as latest worst reputations rankings unveiled

Credit card issuers are again second with 20% of the votes, followed by call centres at 18%, real estate companies at 12% and independent financial advisers (IFAs) at 10%.

Oman's revenues surge by 75%

This was unveiled by the Financial Economic Bulletin (FEB) issued by the Ministry of Finance

Russia-Ukraine conflict: How have UAE and Saudi banks been affected?

Although lenders will remain relatively insulated from the fallout, they will face some indirect effects

Egypt’s State Banks Attract EGP 401 Billion from 18% Saving Certificates

Mohamed El-Etreby, Chairman of Banque Misr said that the bank attracted EGP 131 billion from the 18% certificate within two weeks.

First Abu Dhabi Bank expected to raise 500 mln euros via green bonds

The spread was tightened from initial price guidance of about 85 basis points after orders topped 685 million euros.

Saudi Arabia deposits $5 billion in Egypt's central bank - SPA

Cooperation between the PIF and Egypt's sovereign fund will involve measures to attract $10 billion in investments, the cabinet statement quoted Egyptian Prime Minister Moustafa Madbouly as saying.

A Story of Extremes

Such an increase in yields was seen just before the 1987 crash, during the LTCM fiasco in 1998, in 2000 before the dot com crisis and ahead of the Global Financial Crisis.

GCC banking sector sees 7-quarter high ROE in 2021: Kamco

Saudi and UAE-listed banks also reported healthy profit growth of 40.2% and 52.6% during the year.

Tadawul seeks cross-listing and new financial products: CEO

Tadawul plans to introduce a product in the upcoming period and select eight to ten companies to begin offering the corporate futures, and the number will increase as market and investor needs dictate.

Dubai attracts 57% of scaleup funding in MENA region: report

New report, developed by Dubai Chamber of Digital Economy, in collaboration with Mind the Bridge and Crunchbase, examines key trends reshaping the maturing entrepreneurial ecosystem in MENA

Saudi Wealth Fund May Make Major Investment in Building Firms

Saudi Arabia’s Unpaid Tab With Metro Builders Runs Into Billions

Nearly 9 in 10 people in the Middle East report increased use of digital payments in the past year

Since acquired habits stay with people, 92% of those surveyed intend to use Internet banking and e-wallet services more often even after the end of the pandemic

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