Wealth of Qatar's super-rich seen at $500bn in 2020
The private wealth held by ultra-high-net-worth households in Qatar is projected to reach approximately $500bn (about QR1.82 trillion) in 2020,…
Wealth and Asset Management
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Private Wealth Held by Ultra-High-Net-Worth Households in Bahrain is Poised to Increase by a Healthy 16.1 Percent over the Next Five Years, BCG Report Finds
By 2020, private wealth in Bahrain will rise from $0.2 trillion to $0.3 trillion, according to a new report by…
Bahrain Liquidity Fund’s seed investors revealed
Securities & Investment Company, the Investment Manager for the Bahrain Liquidity Fund, announced Tuesday the names of the seed investors…
Wealth of UHNW Households in Qatar Seen Growing by 14.5% to Hit $0.5tn By 2020
Private wealth of ultra-high-net-worth households in Qatar is projected to grow by a staggering 14.5% to reach about $0.5tn by…
Saudi Arabia private wealth to rise to $2 trillion by 2020
By 2020, private wealth in Saudi Arabia will rise to $2 trillion, according to a new report by The Boston…
Emirates NBD integrates ‘Investment Portfolio’ in mobile banking app
Targeted towards the bank’s private and priority banking customers, the new service enables app users to view and manage all…
EAB Appoints New Head of Private Banking
Fadi Halout has joined Europe Arab Bank (part of the Arab Bank Group) as Head of Private Banking and a…
How many millionaires will live in UAE by 2025?
The UAE is becoming increasingly popular as a haven for the rich, with thousands of millionaires moving into the country…
Region’s private wealth grows despite oil woes
The region’s private banking business continues to grow despite a decline in oil prices and geopolitical issues, thanks to the…
UAE and Saudi to remain key regional markets for wealth management
The UAE and Saudi Arabia will be the key growth markets for HSBC Private Wealth in the region with prime…
More millionaires: Strongest growth in number of super-wealthy residents in Jordan, Iran by 2025
The UAE is forecast to see a 50 percent jump in the number of millionaires living in the country by…
Quilter Cheviot partners up with UAE advisory firm PWS
The announcement comes weeks after the advisory firm was granted a broker licence by the UAE’s Insurance Authority, giving it…