Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

Bahrain best for business

The World Bank Ease of Doing Business ranking breaks countries’ complex regulatory ecosystems down into quantifiable components.

Stewart Lockie Discusses the Opportunities in Retail Banking

Al Ahli Bank has launched a lot of innovative products/services in 2018.

62.2 Percent of Employers in Kuwait Break Domestic Workers Law

This is the second part of the report on Rights of Domestic Workers Between Legislative System and Enforcement through Law No. 38 of Year 2015.

A Win-Win: How Saxo Bank's Open Approach To Investing Duly Delivered

The bank now has 120 partnerships with other financial institutions across the globe, including 20 firms that use Open APIs to trade data with Saxo.

Saudi Arabia reviewing fees on expat workers amid record unemployment

Saudi Arabia's minister of media, Awwad AlAwwad, denied that a review of the fee is taking place.

Growing Middle East Market for Bombardier Jets

As of the third quarter of 2018, Bombardier claimed an installed base of more than 100 aircraft in the Middle East, or 26 percent market share, excluding very light jets and large corporate airliners.

Institutional investors adopting factor-based allocations

Three fifths of investors overall planning on increasing factor allocations by 2021

Over Half Of Fine Art Collectors Have Purchased A Piece Online Sight Unseen - UBS

The percentage of art collectors who have purchased art online before they’ve seen it in person has more than doubled in the past year

Banks stable on resilient profitability, solid funding

SMEs will benefit through increased loan availability

Survey Shows 27 Percent of Finance Departments Expect to Deploy Artificial Intelligence by 2020

Despite rapidly growing interest in AI to improve financial planning and analysis (FP&A), only a few organizations are currently using it successfully

Moody's: GCC banks' stable outlook reflects improving operating conditions and strong capital buffers

Moody's 2019 Outlook expresses the rating agency's expectation of how banks' creditworthiness will evolve over the next 12 to 18 months in the GCC.

Kuwait 'eyes big private sector role in infrastructure projects'

OBG also shines a spotlight on the country’s rail transit system, which, together with other transport initiatives, is expected to be instrumental in helping the country make the most of its strategic location and carve a niche as a regional hub for

S&P sees Turkish banks' bad loans doubling in next 12-18 months

“We expect the (banking) sector’s reported non-performing loan (NPL) ratio will double within the next 12-18 months, to about 6 percent from 3.5 percent as of September 2018,” S&P said.

Revealed: Top 10 companies in Bahrain in 2018

The biggest listed companies in Bahrain by market capitalisation

CAEU launches ‘A Common Vision for Arab Digital Economy’ initiative

The Council of Arab Economic Unity is the execution arm for the plan and for boosting cooperation with international organizations working in the field.

Deal Drought Caps Testing Year For Middle East Funds

Geopolitical factors, the fallout from Abraaj and competition from corporate buyers have all cooled private-equity dealmaking

The Long Road Ahead For MENA Private Equity

The underperforming macroeconomic backdrop combined with jitters in oil markets stemming from the broader equity market rout

Luxury for less in Dubai

Dubai is an excellent destination for winter sun and it’s possible to have a great time without spending a fortune.

Dubai Islamic Bank Kenya losses widen to Sh666m on higher costs

The bank, fully owned by the United Arab Emirates’ Dubai Islamic Bank, was licensed by the Central Bank of Kenya in April last year as the third fully Shariah compliant bank in Kenya after Gulf African Bank Limited in 2007 and First Community

No more ‘smoke and mirrors’ in product propositions

The days of firms having “a secret guy in a back room who knows this or that” no longer exist, and real value now lies in the quality of advisory, and helping clients navigate the impacts of increasingly complex

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