Dubai-based banker appointed Global President of United Bank
Wajahat Husain, a Dubai-based banker and head of UBL’s International Group, has been named as the bank’s global president, …
Wealth and Asset Management
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Egypt: Private sector fears ‘wealth tax’ will repel investment
The cabinet has imposed Wednesday an additional “exceptional” tax of 5% on individuals with an annual income exceeding EGP 1m…
NBAD wins three Coveted Accolades
The National Bank of Abu Dhabi has won three prestigious awards: Best Cash Management, Best Corporate Advisory, and Best GCC…
Egypt Approves Wealth Tax
A new tax will help Egypt will help reduce inequality while raising extra revenues to be used for social programs.…
HSBC wins The Asian Banker award for Best Wealth Management in the Middle East
HSBC Bank Middle East Limited today announced that it has won the Best Wealth Management Award at the prestigious Asian…
Objectway Financial Software sees increased demand for its eXimius Software as a Service
Over the past year, Objectway has signed up multiple independent wealth managers and family offices for its eXimius as a…
Burgan Bank Group announces net profit of 17.1 million for Q1 2014
The continuation of the solid growth pattern has characterized the group's performance in 2013 amid the complexity in the regional…
GCC, Mideast emerge as strong investment destinations
In the context of the changing global economic outlook, most emerging markets are becoming less attractive compared to developed markets…
Key sectors to invest in within Middle East
Emirates NBD’s Wealth Management division has identified the real estate/construction sector as the most attractive to invest in within the…
Dubai's Shuaa Capital swings to Q1 profit
Total revenues were AED 64m;a77% increaseon Q1 2013’s AED 36m Net profit of AED 8.2m; continuous quarterly improvement in profitability…
Middle East’s ultra-rich eye second nationality
American singer Tina Turner and French actor Gérard Depardieu both enjoy the benefits of global citizenship programmes, renouncing their US…
Well-heeled Saudis turn to ‘The Organisers’ for sky high service
London in the summer is a big draw for many families from Saudi Arabia and there are high expectations of…