Saturday 23 November 2024
 
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Private wealth

Private wealth in Bahrain rising at 4.5pc to hit $200bn

Overall growth of private wealth in Bahrain is expected to increase steadily to 4.5 per cent compound annual growth rate (CAGR) and reach $200 billion over the next five years, a new report said.  Equities, at 6.7 per cent CA

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Private wealth in Oman on track to hit $400bn

By 2020, private wealth in Oman will rise from $0.3 trillion to $0.4 trillion, according to a new report by The Boston Consulting Group (BCG). In the next five years, the growth of private wealth in Oman will be driven primarily b

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Private wealth tops $1m in 3.3pc of UAE households

UAE ranks 12th globally in the proportion of millionaire households, with 3.3 per cent holding private wealth of at least $1 million, according to a recent report issued by Boston Consulting Group (BCG). The report from the intern

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Bahrain ranks global second in density of millionaires

Bahrain has the world's second-highest density of millionaires with 123 out of every 1,000 households holding private wealth greater than $1 million, according to a new report. The Boston Consulting Group (BCG)'s "Glo

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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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Nedbank appoints key officials to Dubai team

Nedbank Private Wealth, a leading wealth provider, has bolstered its Middle East team in Dubai with the appointments of Greg Smith and Claire Quayle, who has joined as a new personal banker. Smith will be interacting with a dedica

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