Dr. Fakhro Meets with Officials of Merrill Lynch International Bank Limited
Industry and Commerce Minister Dr. Hassan Abdulla Fakhro met here today with the Merrill Lynch International Bank Limited’s Resident Middle…
Wealth and Asset Management
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Insights From The GCC’s Top Private Bankers
The Middle East contains an estimated $4.5 trillion of private wealth, according to the Boston Consulting Group. In recent…
Credit Suisse trims Dubai investment banking,ships jobs to Qatar
Credit Suisse is trimming its investment banking team in Dubai and relocating some jobs to neighbouring Qatar, three sources…
Gold seen luring wealthy
More so-called high-net-worth individuals are seeking to buy gold to protect their wealth from the risk of inflation after central…
Middle East millionaires get wealthier: $1 trillion and counting
The size of the millionaire population in the Middle East rose 2.7 per cent to 450,000, and wealth edged…
Wealth-X Launches In The Middle East
Wealth-X officially launched in the Middle East on 19 September 2012 at the Park Hyatt Hotel, Dubai. Guests…
CVC Capital to sell 10% stake to 3 sovereign wealth funds
CVC Capital Partners agreed to sell a 10% stake in itself to three sovereign wealth funds to finance investments and…
Coutts Hiring Private Bankers to Boost Mideast Business
Coutts, the wealth management unit of Royal Bank of Scotland Group Plc, hired four private bankers in the Middle East…
DIFC regulator accuses Arqaam, Ernst & Young of accounting violations
The regulator of Dubai’s international financial centre is accusing Ernst & Young and the Dubai-based investment bank Arqaam Capital…
Deloitte survey: CFOs playing bigger role in driving sustainability efforts in their organizations
Two thirds of CFOs say they are involved in driving sustainability strategies in their organizations, and more than half…
Western bankers chase good life
Andrew Rossiter decided it was time to leave London after a surging tide of regulation, sovereign debt turmoil and banking…
Multi-family office opens MENA office in Dubai
The Stonehage Group, the only holistic multi-family office for ultra-high-net-worth families, announced the opening of its MENA representative office in…