Middle East creating billionaires at a faster rate than rest of the world
The Middle East is creating new billionaires at a faster rate than most of the rest of the global economy,…
Wealth and Asset Management
4674 articles found
Former Arabtec chief Hasan Ismaik plans to take Abu Dhabi investment group Marya public
The Marya Group, which is chaired by the former chief executive of construction firm Arabtec, plans to seek a listing…
Abu Dhabi National Takaful Co. announces net profit up 70 per cent for H1 2016
The company announced a net profit of AED 30.3 Million for the period ended 30th of June 2016, compared to…
HSBC’s Saudi Arabia investment, asset management heads resign
Abdulhadi Shahadah, head of asset management for HSBC in Saudi Arabia, and Mazin Baghdadi, head of investment management in the…
Another bank to shut up shop
Habib ceasing Manx operations Another bank has confirmed it's pulling out of the Island. Habib European Bank has…
Demography crucial for GCC’s growth: Indosuez Wealth Management
Demography will play a crucial role in GCC economies; a report has shown and noted that the region’s growth and…
UAE expats rake in serious wealth
The number of foreigners who have acquired more personal fortunes in the UAE is growing, with expatriates now making up…
ADS Securities expands its wealth management benefits offering with American Express partnership
ADS Securities, the Abu Dhabi-based and owned international financial services firm, has partnered with American Express Middle East to expand…
Northern Trust Names Chief Diversity Officer for EMEA and APAC
Northern Trust gas announced that it has hired Sarah Boddey as chief diversity officer for Europe, Middle East, Africa (EMEA)…
Oman- Clifford Chance Advises On $100Mn NBO Tap Issuance
Clifford Chance's Dubai office has advised Credit Agricole Corporate and Investment Bank and National Bank of Abu Dhabi PJSC as…
Saudis bid $1.3bn for Grosvenor House and Plaza hotels
A consortium of Saudi and UK family wealth funds has launched a $1.3bn bid for London’s Grosvenor House Hotel plus…
Affluent banking clients prefer to use digital channels
Affluent middle-class customers in the UAE are more likely to interact with their banks using digital channels than before, according…