Thursday 3 September 2015
 
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High net worth

Private wealth in UAE to hit $1 trillion in 5 years

Private wealth in the UAE is projected to post a compound annual growth rate (CAGR) of 10.7 per cent to reach an estimated $1 trillion in 2019, a study said. Private wealth in the United Arab Emirates (UAE) showed solid growth in

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Credit Suisse names ME ultra-high net worth head

Credit Suisse, a Switzerland-based multinational financial services holding company, has hired Muwaffak Bibi to head its ultra-high net worth individuals business in the Middle East, the Swiss lender said in a statement on Monday.

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Mideast HNW business owners focus on growth

Growing their business remains the primary and dominant goal for High Net Worth (HNW) business owners in the Middle East, according to a new study. The “Business Before wealth” report, launched by Standard Chartered Pr

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GCC seeing continued strong wealth growth

Assets under management have seen a significant upswing around the world but these gains have not translated into the top-and-bottom-line growth that wealth managers would expect based on past recoveries, a report said. A number o

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'Most UAE's wealthy use LinkedIn'

A majority of high net worth individuals (HNWI) in the UAE are LinkedIn members and use the platform regularly as a source of content to guide their financial decisions, according to a study.         

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