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

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

Kuwait- KFH welcomes CBK's Sharia Supervisory Governance for banks - Regulations instill confidence in Islamic banking: Duwaishan

Duwaishan explained that KFH is the firsbank in Kuwait to have Sharia Supervisory Board

Vizor Software's Solution for FATCA & AEOI Selected by Government of Kuwait

Kuwaiti Financial Institutions are thus required to undertake certain due diligence and verification procedures to identify accounts

DFSA Deepens Ties with Hong Kong and Asia

The role of the UAE as a RMB clearing centre is growing.

Hiring For Legal Counsel – Private Banking In Dubai

We value differences of opinion whilst collaborating effectively to get things done.

Boustead, SWF to co-invest S$250m in new industrial facilities here

The latter's real estate and private markets business will be managing the deal.

Saudi's Alawwal Bank gets regulatory approval for derivatives trading unit

Alawwal changed its name from Saudi Hollandi Bank last November.

Saudi's Alawwal Bank gets regulatory approval for derivatives trading unit

Alawwal changed its name from Saudi Hollandi Bank last November.

Model and her mother, face jail after launching a £1.2m fraud by moving into a dead millionairess's Kensington home

Moorcroft admitted she impersonated Ms Richards but went along with it because she wanted to help her daughter

FATCA Working Both Ways, US Accounts Belonging to Israelis Reviewed

An Israeli citizen is allowed to maintain a bank account abroad.

Turkey to grant citizenship to big investors

Turkey to grant citizenship to those who invest or buy valuable properties as well as refugees working on black market in bid to boost economy

Egypt's Cost-of-Living Soars as Currency Dives

Inflation has risen sharply and is expected to climb further this year

Sultan Al Mansouri, the UAE Minister of Economy, and his views on VAT, infrastructure spending and the investment law

A rising number of investors and businesses worldwide are increasingly taking notice of the UAE for all its potentials on all fronts and exceptional business-friendly climate.

Exclusive: Oman in talks with Gulf states to obtain multi-billion dollar deposit - sources

The talks are at an early stage but "signs so far are positive", said an Oman-based source close to the discussions.

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