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ADIB-Egypt introduces Shariah-compliant private banking services for HNWIs
Cairo, Egypt – ADIB-Egypt has launched its exclusive portfolio of Private Banking Services, providing a Shariah-compliant banking proposition for its high-net-worth clients. This personalized proposition is designed to offer a premium range of wealth management services catering to clients with account balances starting from EGP 20 million ($64 million) upwards, or...
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GCC asset management market $500bn by 2026
Strong capital inflows, a young and growing population and growing awareness about asset management will drive the sector's growth in future. -
Middle East rich looking for alternative investments: EY report
Dubai, UAE -- High net-worth individuals (HNWIs) in the Middle East are increasingly looking for alternative investments, such as private equity and real estate, as they seek to diversify their portfolios, the 2023 EY Global Wealth Research Report said while analyzing key trends in the Middle East wealth management market.... -
Dubai properties attract affluent buyers
The Gulf emirate continues to charm the global elite as HNWIs worldwide are projected to spend an astonishing $2.5bn on luxury properties in the city this year, says a survey. -
Dubai: A Monaco in the making in the Gulf region
Dubai is among cities that woo huge FDIs and lead in technology transfer in startups, AI and robotics sectors. TRENDS analyzes how it has become Monaco of the region. -
Dubai Free Port: A super vault for VIP travellers, HNWIs
The super vault presents a variety of top custody and security services. It features automatic robot-driven, safe-deposit boxes, medium and large safes, ultra-secure private rooms, art storage rooms equipped with the latest temperature and fire suppression systems and viewing, meeting rooms, lounges, and business desks, spread across 6,500 and 600... -
HNWIs drive up luxury car sales in Gulf region
Being home to most of the high net-worth individuals in the Middle East, Saudi Arabia, the UAE and Qatar are natural markets for major luxury car brands. -
New GCC wealth drives private banking
Private banks cater to the complex banking needs of the Ultra High Net Worth Individuals and High Net Worth Individuals whose number has been increasing in the region.