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

Human error undermines benefits of cloud adoption, finds research from Veritas

72% of office workers in the UAE have accidentally deleted shared data such as Word documents, presentations, or spreadsheets

Pandora Papers reveal Emirati royal families’ role in secret money flows

From skyscrapers rising in the desert to free-trade zones hawking gold and diamonds, the UAE is open for business. Sometimes that business involves shadowy companies and international crimes.

Deloitte releases its latest Fraud Survey for the Middle East

The report covers the impact of financial as well as non-financial fraud, company responses when faced with a fraud-related incident and measures that organisations have taken to mitigate the fraud risks.

UAE's wealthy reluctant to take risks, expect lower returns due to COVID-19 - survey

Three steps for setting up a Saudi business from outside the Kingdom

Licensing process streamlined as part of joint ministry initiative, easing the path for investors

Majority of UAE consumers prefer banks that put purpose over profits, report finds

About 34% of them want to make a positive impact in the world, cloud banking platform Mambu says

Gartner Forecasts IT Spending in EMEA to Grow 4.7% in 2022

Analysts Discuss EMEA IT Spending Outlook at Gartner IT Symposium/Xpo 2021 EMEA, November 8-11

Alvarez & Marsal's second edition of the UAE health sector pulse suggests m&a activity to thrive as companies pursue value

Deal activity in the Emirates pivots from Provider consolidation to acquisition of strategic assets

Sukuk Perceptions and Forecast Study 2021: Thriving Amidst Uncertainty

The sukuk market has gained momentum despite the pandemic. Find out how and why.

Survey Finds 60% Of Employees Experience Frustration With New Software

Forty-two percent of survey respondents said they have complained to peers after a negative software experience

Markaz report signals sustained robust recovery for UAE's real estate sector

On the back of strong macroeconomic outlook, investor-friendly government policies and Dubai 2040 Urban Master Plan

Fitch affirms Abu Dhabi Commercial Bank at A+ with stable outlook

"The recently announced restructuring agreement for NMC could also yield recoveries, but we believe this will take time," the rating agency said

Jersey Finance launches landmark study on the global attitudes to Islamic Wealth Management

The new report launched at the flagship event in Dubai, marks the 10th anniversary of the opening of Jersey Finance's representative office in the GCC

Commercial Bank wins two prestigious regional awards

“These awards reflect the investment we have made in innovative digital technologies and our strategic focus on providing the best client experience”.

Normalization Post Covid

Needless, to mention that the Fed retains the flexibility to adjust the pace should it so require.

Saudi tops MENA IPO list as four companies raised $1.8bln in Q3 2021: EY

ESG factors gaining importance in investor scrutiny

Riding Diwali high, UAE gold retailers expect sales trend to continue

Incremental sales attributed to tourist buying, softened price

Emirates NBD reports that more than 96% of UAE corporate clients use digital payments

Emirates NBD has also witnessed an overall increase in transactions on its digital trade finance platform, smartTRADE.

Growing digital divide threatens recovery from Covid-19

The report focuses on the 38 economies in which the EBRD invests.

Lack of trust and low levels of digital skill constrain remote working

The research found that while employees were keen to embrace remote working

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