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

DWF seals association with Saudi law firm

The Kingdom of Saudi Arabia is a hugely important jurisdiction for DWF as we grow in the Middle East.

Private Banks Seize on Innovative Ideas to Win Customers

The majority of experts believed that modern technology, social media and customer relations should be the banks’ priorities in the next year.

Bahrain's Ibdar appoints the BIBF for board training

The 15 hour executive course, which will focus on Shari’ah fundamentals, risk management, strategy and Shari’ah governance in Islamic Financial Institutions, is part of the Bank’s Continued Development Programme.

Al Khaliji signs MoU with CMU-Q for education, research and community development

Al Khalij Commercial Bank, has signed a Memorandum of Understanding with Carnegie Mellon University in Qatar regarding the two parties’ joint cooperation in areas of education.

White & Case advises Investment Corporation of Dubai on $1 billion issuance of Trust Certificates

Global law firm White & Case LLP has advised Investment Corporation of Dubai on the $1 billion issuance of trust certificates by ICD Sukuk Company Limited under its $2.5 billion trust certificate issuance programme.

Easing liquidity conditions to reduce funding costs of Saudi banks

External sovereign debt issuances expected to boost banking sector liquidity

Israeli leader vows new settlement as West Bank outpost is dismantled

But Israel's Supreme Court rejected all appeals after determining the outpost was built illegally two decades ago on private Palestinian land.

Net closes on Barclays chiefs over £7bn deal involving glamorous financier Amanda Staveley

There are also questions over £322million in advisory fees paid to Qatar at the same time.

Egyptian banks attract $9bn investments

The action paved the way for Egypt to secure a $12 billion International Monetary Fund loan.

Saudi Arabia condemns Israel for ‘Judaization’ of Jerusalem

These actions aimed at the Judaization of large parts of the West Bank.

DFSA Proposes Framework for Loan-based Crowdfunding to support SME Financing

The DFSA has been monitoring developments in FinTech both internationally and regionally since 2015, and has been engaged in discussions with firms looking to establish a presence in the DIFC.

Abu Dhabi finance centre to share information with Mauritius

We anticipate close collaboration and fruitful interactions for the betterment of our Authorities.

Dh5m investment drops to Dh123 in decade

Client, who was forced to stay away from the UAE for 10 years after accident, files lawsuit against local bank

Tighter regulations for GCC insurers

Global reinsurers have introduced stricter terms and conditions over the past five years, including event limits and tighter policy wordings following regional instability.

Qatar's total domestic public debt rises by QR29.7bn to QR427.8bn

The balance of Qatar Government bonds and bills with banks increased about QR13bn to QR133.9bn.

Qatar Investment Authority said to seek further $2bn deal with Russia

Sovereign wealth fund bought a 19.5 percent stake in oil giant Rosneft this month

$75 billion India-UAE fund is a work in progress

The two sides agreed to set up a mechanism for funding projects that would benefit the Indian economy.

Pak-Qatar Takaful offers coverage to ‘Lootlo.pk’ consumers

Pak-Qatar Family Takaful will be providing complimentary Takaful protection to the card-holders of GoLootlo Wallet.

Abu Dhabi fund invests $400m into Sudanese bank

The deep-rooted affiliation between our two countries is a prime example of productive collaboration among nations.

HSBC partners with AXA Gulf to introduce general insurance products in the region

The partnership will see AXA’s Motor, Home & Contents, Travel and Personal Accident insurance products

Legal, Tax, Regulation & Compliance