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

Saudi Arabia To Stop Signing Contracts With Companies Not Having Local Presence From 2024

Saudi Arabia, the world’s largest exporter of crude, has been looking to diversify its economy in a bid to reduce its dependence on oil.

Gates Foundation boss on why philanthropy is on the rise in the Arab world

Robert Rosen says the coronavirus pandemic has created a transformative moment for giving in the region and globally

Many UAE retailers 'pushed to the brink and beyond' as virus continues to bite

New report says resident-based retail spending in Dubai and Abu Dhabi has slumped by AED10.5bn in 2020

Qatar Chamber to host 1st virtual general assembly on February 15

The meeting’s agenda includes reviewing the report of the board of director on the activities of the Chamber in 2020.

GCC Board Directors Institute sees 82% surge in Saudi members

Executive director: ‘This shows a keen interest in corporate governance and board effectiveness in Saudi Arabia’

GCC banks face risk of surge in loan impairments in 2021

Extended borrower support masks GCC banks’ asset quality risks, says Fitch

Middle East M&A activity records slow growth during H2-2020

Globally, after a weak first half brought by the COVID-19 pandemic, global deal-making recovered nicely during the second half of the year.

BCG's Leila Hoteit among top 50 businesswomen in Middle East

She also is a member of the Social Impact leadership team where she leads the Education domain, focused on the early childhood, K-12 (primary and secondary) education and the tertiary education (higher education, vocational & training) segments.

UAE sees increase in hiring levels for first time in a year

The survey found that the growth in sales was weaker than in December but activity had grown

Exports of QDB-registered SMEs up 23% last year

The Exhibition drew a diverse group of local and international enterprises from all around the world.

The II Q&A Sessions: RL360's David Kneeshaw on the future of advice in the Middle East

When the UK introduced a ban on commissions on most products, it caused a lot of unrest and many short-term problems.

GCC sovereign issues surge 25% to $66bn in 2020

GCC Central Banks Local Issuances are comprised of short-term issuances by GCC Central Banks primarily to regulate levels of domestic liquidity and issued in local currency.

KPMG: 28% of UAE workforce needs reskilling and upskilling

In fact, a new study by international Big Four auditing firm KPMG shows that the UAE workforce may continue to see significant changes over the next one to two years.

Financial Independence Key Driver for UAE Women to Join the Workforce in 2021

3 in 4 working women have no gender preference for their manager

Saudi leadership in Islamic finance set to continue into 2021: expert

Normalization of GCC-Qatar ties and growing emphasis on green finance are positive developments for the Kingdom

UAE investors applaud regional bank results

Both markets of UAE climbed over 1 per cent in a clear sign of market-beating optimism

Predictions and trends impacting finance and banking in 2021

COVID-19 is still very much present in our midst, spreading not only a killer virus but also economic uncertainty and unease.

UAE banking sector recovery will be gradual in 2021

Capitalisation and liquidity to remain strong despite profitability pressures

COVID has worsened inequality even as the rich thrive: Oxfam

Rising inequality means it could take at least 14 times longer for the number of people living in poverty to return to pre-pandemic levels than it took for the fortunes of the top 1,000, mostly White male, billionaires to bounce back.

Dealing with the effects of climate change through climate adaptation

EBRD joins call for more reporting of climate risk

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