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

New Report Reveals Global UHNW Population Grew 1.7% in 2020 Despite Covid-19 Disruption

Wealth-X Launches the Ninth Edition of the “World Ultra Wealth Report”

BIS Annual Economic Report 2021

In the coming year, issues such as corporate insolvencies and capital and labour reallocation will come to the fore.

UAE banks need to focus more on customer complaints as more services get digitalised

UAE banks fail to respond to over a third of priority conversations on social media: KPMG

New index highlights a need for more digitalized customer service across UAE banking sector

The UAE Banking Sentiment Index report reveals consumer sentiment based on social media conversations related to major UAE banks

Financial Crime in the Middle East and North Africa survey

Covid-19 put an enormous burden on the risk and compliance functions in a very short amount of time

UAE strives to achieve fastest economic recovery in the world, minister says

The newly launched economic plan, for instance, is designed to restore growth and outlines 33 major initiatives on policies that are designed to support and revive our vital economic activities and accelerate UAE’s transition to more flexible econom

Inflation a worry for global investors: CFA survey

The study found that worries about corporate debtors not being able to pay their loans have increased among UAE investors

UAE budget balance improves as economy recovers from pandemic

UAE was hit hard by the COVID-19 pandemic which had a crippling impact on sectors vital to its economy

Wealth management in the Middle East: The case for embedded finance

An opinion piece by Thomas Schornstein, Head of Middle East Business and Member of the Executive Board, additiv

PwC to double Middle East team over coming five years

The planned net growth will represent a headcount increase of more than one-third, and includes a notable enhancement of PwC’s Middle East presence.

QFC CEO expects markets to witness strong growth after period of decline

He added that the countries that acted and responded to the crisis early, including the State of Qatar, succeeded in overcoming the crisis faster in terms of returning to normal life.

Former consultants feature on GCC young high-achievers list

Crossing from Barclays as an associate in 2012, Khalil provided analysis and strategic advice to financial services and healthcare organisations among others.

QIC ranks as top insurance company in Middle East

The ranking was revealed in Forbes Middle East’s June 2021 issue, featuring Salem Khalaf Al Mannai, QIC Group CEO.

Saudi Arabia taps US consultancy for 2030 World Cup bid

This would be one way the bid might hope to overcome the strong competition it would face from a number of European countries – including the UK – where officials are already throwing their weight behind respective bids.

Mercer's 2021 Cost of Living city ranking

Compared to last year, Tokyo and Zurich each dropped one spot to fourth and fifth positions, respectively.

Europe dominates, China rises, and the US remains stable in 2021 World Competitiveness Ranking

Western European countries lead in the 2021 rankings, reflecting the resilience of economies in the face of the global COVID-19 health crisis.

Doha Bank CEO honoured with ‘Global Humanitarian Award’

During the summit, Seetharaman participated in the session on “Strengthening Global Economy”.

Alvarez & Marsal releases Saudi Arabia Banking Pulse for Q1 2021

Major Saudi banks report surge in profits by 34.1 percent for the first quarter

UAE was the world's 15th-biggest recipient of foreign investment last year

The Emirates secured more capital from global investors than the UK in 2020

Dubai property deal values at four-year high

The jump in real estate transactions highlights “the emirate's attractiveness and flexibility in attracting real estate investments,” WAM said.

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