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

Interview: Stanchart building bridges with Saudi Arabia

The new status allows SC to add to the investment banking activities it previously ran, giving it capacity to offer commercial banking and deposit-taking in the Kingdom.

Global businesses enjoy combined offshore and free zone benefits with RAKEZ Global Product

RAKEZ unveils midshore company set-up to position Ras Al Khaimah as a gateway to global business

Private sector job losses pose risks to asset quality and profits of UAE banks

Rising impairments force banks to deleverage and tighten lending standards

Before the ink dries: Everything you need to know about the UAE’s economy

Israeli companies aiming to break into the UAE market will find a local thirst in several sectors, including retail digitization, cybersecurity and health

Oman in the COVID-19 Pandemic: People, Policy and Economic Impact

Since January, Sultan Haitham has implemented a raft of new policy measures in an attempt to address pressing questions of dependence on oil and issues concerning unemployment and participation for a young population.

Continued, but moderate capital flows to EMs likely in H2: QNB

QNB’s base case outlook assumes that significant policy support is maintained and that the virus is gradually brought under control in most countries. That should lead to a continued recovery of the global economy during the second half of the year.

Job losses in Middle East aviation industry could hit 1.5 million mark

Gradual pace of routes being opened threatens further jobs, says IATA

UAE's bold vision paves the way for peace in region

"The UAE and Israel will immediately expand and accelerate cooperation regarding the treatment of and the development of a vaccine for Covid-19."

Sovereign wealth funds reveal COVID-19 impact on global economy

Developed markets are best able to return to pre-COVID trend growth

Interacting with customers in the "New Now"

How is the COVID-19 pandemic changing the way companies and customers communicate?

Dubai's Emirates NBD in early talks for possible acquisition of Blom Bank Egypt

Discussions are ongoing and there is no certainty that any transaction will be completed, Emirates NBD said in a bourse filing.

Dubai leads most major Gulf markets higher; Egypt quiet

In Abu Dhabi, the index slipped 0.2%, weighed down by a 0.7% fall in the country's largest lender First Abu Dhabi Bank and a 1.7% retreat in Aldar Properties ahead of its earnings announcement.

More UAE third-party administrators go bust

Leaving health insurers and providers in the lurch

GCC Chief condemns Turkish threats against UAE

Hajraf underlined the GCC’s commitment to protecting the Arab national security

How to avoid falling victim to payment scams

Security is a collective effort and consumer education is key

Nine strategic imperatives for a better future in Saudi Arabia

Fully reaping the potential on offer will however require the Kingdom’s government, private sector and people to work in tandem to design and unlock benefits across all aspects of daily lives.

Saudi billionaire buys famous Onassis family London home for £18.6m

The grand home is 465.24 sqm and features an impressive entrance hall, five bedrooms, four en-suite bathrooms, floor-to-ceiling windows, a library, a bar, a family kitchen and three adjacent reception rooms.

Dubai among most affordable prime residential property markets globally in first half, Savills says

Lisbon, Moscow, Amsterdam and Seoul forecast for strongest growth in prime residential real estate value in second half of 2020

Global commercial real estate markets feel impact of COVID-19

Cross-border investment has slowed significantly with travel restrictions, in particular inter-regional investment which declined by 61 percent during the second quarter.

UAE Team Emirates consolidate strong start in Europe

Riders Ulissi and Conti stay on track in Tour of Poland and Tour de L’Ain in France

Research, Comment and Analysis