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Mena billionaire wealth hits $165bn in 2017The total number of billionaires in the Mena region increased by 24 per cent to 52 in 2017, while total billionaire wealth grew by 15 per cent, reaching $165 billion during the year, a report said. Self-made billionaires account f More… |
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UBS sees rising foreign investment in MideastFollowing recent decisions by major index providers MSCI and FTSE to include Saudi Arabia in their respective EM benchmarks, it is expected that foreign capital inflows to the country will increase significantly, a report said. Th More… |
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Manama among top 10 cities in purchasing power globallyBahrain’s capital Manama broke into the top 10 globally this year in the UBS Global Wealth Management’s purchase power index. Los Angeles boasts the world’s best buying power for the average worker’s salary. More… |
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Germany most likely to win World Cup 2018: UBSNo country has higher odds of winning this year’s football World Cup than Germany, leading the table with a likelihood of 24 per cent, said an analysis from UBS Global Wealth Management’s Chief Investment Office (CIO). More… |
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Brightening outlook for GCC countries: UBSThe economic outlook in 2018 for the GCC countries is brightening despite oil prices, which have recovered since June, expected to trend sideways next year, said Swiss-based financial solutions company UBS. Further reforms are nee More… |
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Brightening outlook for GCC countries: UBSThe economic outlook in 2018 for the GCC countries is brightening despite oil prices, which have recovered since June, expected to trend sideways next year, said Swiss-based financial solutions company UBS. Further reforms are nee More… |
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Egypt economy ‘could expand at 6pc per year’The Egyptian economy can sustainably expand at an annual growth rate of 5 to 6 per cent, said an industry expert, noting that further reform progress is crucial and access to foreign funds is a key element in this process. “ More… |
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Saudi Arabia well-placed for MSCI upgrade: UBSMSCI's potential inclusion of the MSCI Saudi Arabia Index in the MSCI Emerging Markets Index in 2019 would improve the attractiveness of its stock market which could account for up to 2.5 per cent of MSCI Emerging Market Index, said a report More… |
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UBS in bid to mobilise private wealth for public goodUBS, a top asset manager and investment bank, recently presented a white paper titled Mobilizing private wealth for public good at the World Economic Forum (WEF) Annual Meeting 2017 in Davos, Switzerland. UBS believes that this is More… |
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Top 10 investment ideas for 2017Global growth is likely to accelerate moderately in 2017, with US growth improving and China continuing to slow, says UBS Wealth Management in a new report highlighting top 10 investment ideas for the coming year. Next year invest More… |
