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

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

Northern Trust launches EM green transition index strategy

New offering expands asset manager’s range of climate aware solutions

UAE Plans to Reduce Carbon Dioxide in the Country by 70 Percent

He pointed out that the energy transition requires joint efforts towards economic, social and environmental sustainability, based on the Paris Climate Agreement

UAE to see sharp recovery this year: FAB report

Recovery will hinge on improvement in tourism, oil prices

Britain, Gulf could create Islamic superbanks, says top UK financier

London has more than 20 international banks operating in Islamic finance

Organizing for the future: Nine keys to becoming a future-ready company

The pressure to change had been building for years.

How regional female entrepreneurs are paving the way for a gender-balanced future

Governments in the GCC have become increasingly supportive of women’s growing role in C-level positions in the public and private sectors

Most UAE residents would choose to invest spare cash in property: report

In times of economic uncertainty, the number of people who save and put cash away for an emergency increase

World Bank revises UAE GDP growth to 2.4% in 2022

Saudi Arabia is on track to record 2.2 per cent growth in 2022 after recovering from a 5.4 per cent contraction in 2020 followed by an expected 2.0 per cent increase in 2021.

Qatar set to achieve GCC's best growth rate of 3% in 2021: World Bank

The recovery is contingent on containment of the pandemic, stabilising oil prices, no further escalation of geopolitical tensions, and the assumption of a vaccine rollout in the second half of the year.

Turkey’s youth unemployment compounds broader crisis

Pandemic has made job-hunting even more difficult and many are disheartened

Predictions and Hopes for 2021 by Gary Dugan

For the retail investor, the digitalisation and fractionalisation of previously illiquid assets such as real estate and private equity are likely to make them much more accessible for even less-wealthy individuals in the future.

4 Ingredients of the Perfect Marketing Plan in UAE

Make sure you create a customized relationship with your clients and customers in UAE

GCC bond and sukuk issuances witness gains in 2020

However, with a significantly smaller expected deficit of around US$84.3 billion in 2021 as against US$127 billion in 2020, according to data from the IMF.

2020: Who were the business winners and losers?

COVID-19 has left an indelible imprint on the global economy, in what was a very turbulent year

Saudi King Salman welcomes participation of Gulf leaders in GCC summit

Cabinet also reviews outcome of first meeting of Saudi-Bahraini Coordination Council

Gulf economies must now show equal dexterity in handling their debts

Unlike governments elsewhere, Gulf focussed on direct relief measures on COVID-19

Kuwait closes border, suspends flights until Jan 1

Several countries have cut travel ties with Britain after Prime Minister Boris Johnson warned that a highly infectious new strain of the virus was a danger to the country.

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