Growing GCC wealth sees influx of private banks and increased competition
A recent report from internationally renowned research firm Boston Consulting found that Qatar has the highest density of dollar millionaires…
Wealth and Asset Management
4674 articles found
HH Shaikha Hessa Calls for more Women in Banking
She gave a passionate and detailed account of the role of women in the banking and financial sector, pointing out…
Emirates NBD named 'Best Bank in the UAE'
Emirates NBD, recently announced that it had been named the "Best Bank in the UAE" at the Euromoney Awards for…
Saudi Prince sues Forbes for underestimating his wealth by $9 billion on its ‘rich list’
Prince Alwaleed bin Talal is a very rich man. By Forbes’ conservative view he’s worth $20 billion, which ranks him…
One fifth of High Net Worth wealth in GCC managed by women
Kuwait Financial Centre “Markaz” has recently published a report titled “When GCC Women Invest: An Underserviced Market”. Based on the…
Bankers want twin-pronged attack on richest pickings
Private bankers are rallying behind the one-bank model of cross-selling investment banking services, insisting that it is essential to…
One out of every 25 of your UAE neighbours is a millionaire
The rich are becoming even richer, the BCG Wealth Report concludes The UAE has the world’s ninth…
Saudi family Algosaibi names three to executive roles
The hires are the latest from the firm's Dubai office and adds to the trend of debt-laden Gulf family businesses…
NBAD Chief Executive wins Lifetime Achievement Award
The National Bank of Abu Dhabi's (NBAD) Group Chief Executive Michael H. Tomalin has won the Lifetime Achievement Award from…
Beyond Convention report sheds light on wealth
The Report found that wealthy families in the Middle East have a strong entrepreneurial spirit, want to play an…
UAE asset managers shun soft commission
The payment of so-called ‘soft commission’ to advisers in the United Arab Emirates by some asset management companies is causing…
Top wealth owners prefer to invest in the Mideast
The Middle East, whose wealth is estimated to be in excess of $4.5tn with about 35 billionaires, is the…