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

Crisis or not: UAE financial wealth continues its growth, says BCG

“Although the Covid-19 pandemic has posed many challenges, the UAE’s wealth segment has proven to be resilient in the face of adversity, hence the growth it has recorded.”

Lingering pandemic woes hamper MENA recovery: S&P report

The pace of rebound is insufficient to bring these economies back to their pre-pandemic GDP trajectories by 2024

Global CEO confidence returns to pre-pandemic levels

Launching aggressive M&A plans to capture market opportunities

New face of wealth

The rising economic clout of women is one of the most significant recent economic shifts.

SS&C Intralinks Predicts Record for Global Mergers & Acquisition Transactions in Q4 2021

The SS&C Intralinks Deal Flow Predictor forecasts the number of future M&A announcements by tracking early-stage M&A activity

Can Fintech Solutions Further Partner With Banks in the Middle East & Africa?

Digital transformation as a whole has seen a spotlight in the MEA region as a whole, in particular within certain nations seeing wider economic development strategies being implemented such as in the GCC.

Investments in Bahraini, Saudi and UAE fintech scene picking up

Looking ahead, KPMG’s pan-continental team of authors expect fintech investment to remain “very robust in most regions of the world”, with fintechs focused on payments, financing solutions, banking-as-a-service models and B2B services pr

World's millionaires are moving to Dubai for safety, luxury and tax benefits

2,000 millionaires move to Dubai in less than a year despite COVID-19

Middle East's wealthy investors are focusing on tech, energy and financials, says Pictet

The key is in creating a balanced investment strategy that takes into account the specific risk appetite of the investor

Bank report suggests big surge in UAE female investors

Saxo Bank sees 200 percent jump in female investors

Foreign investment into Saudi Arabia up 13%

Attracting foreign investment is a core element of Saudi reforms

Challenges facing UAE's small and mid-sized consulting firms

The market sizing used by Source Global Research is based on fees generated by large consulting firms.

Central bank digital currencies face uphill battle to win over crypto fans

One of things that CBDCs would hope to achieve is stop stablecoins

The hybrid work revolution is already transforming economies

Hybrid working also has the potential to encourage a more diverse range of people into the workforce

Can Gen Z help reshape traditional banking to suit their 'mobile-first' lives?

As tech-savvy youths come of age, they are expected to remake the financial landscape in the coming years, says Morgan Stanley

Top trends shaping the future of local governments

One of the eight overarching trends uncovered, local authorities are expected to increasingly offer “personalised services for every customer,”

Non-performing bank loans in Saudi Arabia reach SR33 billion

The bank issued net loans and it amounted to SR503.2 billion with the balance of provisions amounting to SR11.2 billion and the coverage ratio 149%.

5 charts on Middle East's record-breaking startup funding scene

Early stage and Series A funding continues to dominate the mix in terms of number of deals closed over the past 3-4 years.

Dubai’s 100-day action plan aims to boost employment of Emiratis in private sector

The plan will include strategies to coordinate with the education sector to link learning outcomes to job market requirements

Villas in Dubai offer highest capital gains in six years as demand continues

Among the developers, Emaar topped the sales charts, accounting for 20.4% of the properties sold

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