Alvarez & Marsal joins Middle East's tax advisory landscape
Alvarez & Marsal, a US-headquartered management consulting firm, has expanded its portfolio in the Middle East with tax services –…
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Citi sees more Family Offices headquartering in the Middle East with significant opportunity for wealth transition to the next generation
Amid market volatility in 2023, family offices are shifting their focus toward wealth management and investment management and remain optimistic…
Saudi Arabia’s Financial Wealth Expected To Hit $1.3tn By 2027: BCG
Saudi Arabia will register “incredible” economic growth in the next four years, with its financial wealth growing by a compound…
S&P sees high profitability for Kuwaiti banks this year
A report issued by Standard & Poor’s global credit ratings agency expected that the profitability of Kuwaiti banks will remain…
Qatar’s financial wealth forecast to surge to $388bn by 2027
Boston Consulting Group predicts robust 5.1% annual growth in the country’s wealth, underpinned by high-earning entrepreneurs and stable assets. …
Credit card fraud costs global economy $32bn, says AMF
Global credit card fraud losses incurred by financial institutions and individuals reached an estimated $32.3bn in 2021, according to the…
Abu Dhabi's ADGM Authority appoints new CEO
Salem Mohammed Al Darei has been appointed as the CEO of ADGM Authority, the international financial centre of the capital…
Holborn Assets appoints Ostrick and hires 25 advisers
As countries tighten the rules of their citizenship by investment programmes, and as demand for so-called ‘Golden Visas’ surges, Dubai-based…
Saudi Venture Capital invests $5m in VentureSouq FinTech fund
Saudi Venture Capital announced its investment of $5 million in a FinTech fund managed by VentureSouq (VSQ). The fund will…
With AI to help, UAE employees want to say ‘goodbye’ to boring work: LinkedIn
When it comes to using AI, UAE workers don’t seem to be running scared of what this technology would do…
GCC banks to experience a slowdown in credit growth due to high inetrest rates
Banks in major GCC economies will see a slowdown in credit growth, owing to higher interest rates and OPEC oil…
Indosuez Wealth Management strengthens Middle East operations with new leadership appointment
Indosuez Wealth Management has announced the appointment of Emile Salawi as Head of the Middle East. This strategic appointment further…