New chief executive of HSBC Bank Oman announced
HSBC Bank Oman yesterday announced the appointment of Andrew Long as its new chief executive officer (CEO). This change was…
Wealth and Asset Management
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Bank Muscat wins Best Asset Manager award by Emeafinance
Bank Muscat, the flagship financial services provider in the Sultanate, has won the Best Asset Manager award by Emeafinance. …
NBAD Mena Dividend Leader crosses AED 1 billion
The National Bank of Abu Dhabi’s NBAD Mena Dividend Leader Fund has grown to more than AED1 billion and become…
UAB and Just Wills to offer HNW clinets Shari’ah will-writing service in UAE
United Arab Bank (UAB) has partnered with Just Wills to launch a new end-to-end will-writing and registration service which are…
Middle East investors keep snapping up trophy assets
High net worth investors and institutions from the Middle East were generous in spreading their wealth across Europe’s commercial property…
Gulf shares issuances to accelerate, top Saudi IPO adviser Saudi Fransi Capital says
Saudi Fransi Capital, the top adviser for initial public offerings in the kingdom since 2012, expects the pace of share…
Carlyle eyes investments in Saudi Arabia, UAE, Turkey and North Africa
The Middle Eastern investments of US private equity firm Carlyle have benefited from a rise in government spending since the…
Where are the world’s millionaires going?
New analysis from wealth consultancy New World Wealth has tracked where the world’s wealthiest people have been moving over the…
Former Standard Charted exec named new HSBC wealth management head for MENA
HSBC has appointed Khalid Elgibaly, formerly the chief executive of Standard Chartered in Pakistan, as head of retail banking and…
UAE businessman's average use of private jets 100-150 hours per year
These estimates come from Private Jet Charter, one of the world's largest independent private jet charter consultants. The company…
Private wealth: What billionaires want
Different needs of the region’s high-net-worth individuals are driving changes in the way investment products are shaped. Beside the…
Leading international wealth provider listed on 'The Sunday Times 100 Best Small Companies to Work For'
Nedbank Private Wealth, a leading international wealth provider and part of the Old Mutual Group, has announced that it has…