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

Sustainable investing gains momentum in wake of Covid-19

In the UAE, 81% of investors said they believe a sense of fear will prevail for a long time

UAE’s personal wealth shoots past $400 billion mark

A staggering 48.5% of this was held by millionaires in 2019

Saudi economy likely worse in Q2 despite June improvement - c.bank governor

Saudi Arabia's economy shrank by 1% in the first quarter, as the coronavirus crisis and lower oil prices took their toll.

Provis sustainability initiatives reduce 10,000 tons of Co2 across 12 managed communities

22 million KWH total energy saved

Bionic companies pave the way forward for stronger business performance: report

With COVID-19’s economic and business impacts, workforce disruptions, and energy sector shocks, companies in the Middle East face urgent and unprecedented challenges

Middle East firms expect skills shortages

The Middle East has been through these crises before, and each time the major players have reinvented themselves and come back stronger

Green banking can transform sector; sustainability-driven strategies important: KPMG

Globally, several voluntary nonfinancial reporting standards are available such as the Global Reporting Initiative.

Why digitalisation has helped Bahraini banks escape the brunt of Covid-19

As Covid-enforced social distancing measures became commonplace, Bahrainis turned increasingly online to conduct financial services

Why investors should look into the Egyptian healthcare sector?

Investment in the Egyptian healthcare have been important even before COVID-19

Strategy&: Green hydrogen a major opportunity for GCC market

Markets in the GCC region, meanwhile, have the potential to meet domestic energy needs through green hydrogen, but are also likely to have a surplus that could feed a vibrant export trade.

The story of Banque Saudi Fransi

CEO says the financial institution’s historic ties with the Kingdom are still in its DNA

Ample opportunity for Middle East investors despite gloomy predictions, say VC experts

Prince Khaled bin Alwaleed bin Talal and Fadi Ghandour said investors are still seeing opportunities

Qatar banks can withstand COVID-19 impact: S&P Global

The global rating agency’s “Country-By-Country Outlook for Midyear 2020” noted that Qatar’s government is wealthy and will maintain a highly supportive stance toward the economy and banks.

UAE investors worried about savings, looking for guidance - UBS

Most of the wealthy in the UAE plan to change their lifestyles, a survey shows

Government of Sharjah hires banks for 30-yr Formosa bonds - document

The 30 years duration and the Formosa market would allow Sharjah to tap a new investor base.

Banks’ profitability not hit by CBB Covid-19 measures

Bahrain Association of Banks (BAB) legal and regulatory framework committee chairman Dr Adel Al Basha said in a statement yesterday

Trust funds for all

Extreme inequality and low intergenerational mobility pose an existential threat to market capitalism

Mohammed bin Talal Al-Nahhas, governor of the Saudi Public Pension Agency

He also actively participated in the implementation of several administrative programs related to the management of human capital.

Bank Nizwa empowers Omani talents in Islamic finance with training

All e-learning programmes shared with the employees come from the most reputable providers with high credibility.

Is Anyone Listening to Dr Fauci? by Gary Dugan

Banks globally have rightfully won plaudits for learning the harsh lessons of 2009 by shoring up their balance sheets and generally dealing with risk and leverage more sensibly this time around.

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