The newly doubled fee will help level the balance between genuine buyers and speculators, experts say.
Julius Baer’s total client assets amounted to CHF 304 billion ($321 billion) at the end of June 2012, with assets under management accounting CHF 218 billion for ($230 billion).
Expect further devaluation of the rupee as inflation rises in India, writes Mahen Allirajah, senior consultant at Acuma.
The Swiss bank has 40 years of wealth management experience and is owned by Abu Dhabi government vehicle Aabar Investments.
Which citizens have the least freedom of travel and face maximum visa restrictions?
Founded in 1976, EIB changed its strategy away from pure asset management to a wealth management platform offering private and investment banking services to a broader client base.
The outlook for the Gulf’s insurance industry remains mixed.
Strong fundamentals and attractive valuations are driving the Middle East market, says Ayman Abuhabsa, head of Private Banking at Mashreq.
Despite unrest, the region’s growth prospects are promising, writes Abdulaziz Al-Sowailim – chairman and CEO, EY, MENA
The more than 60 victims of the mall attack included members of the Kenyan elite and foreign expatriates.
The UAE’s airport retail sector has benefitted heavily from increased passenger traffic in the country.
As Dubai’s property market returns to its boom days, experts urge government intervention to prevent another bust.
In the 21st century workplace, fear can be an extremely destructive emotion, says Marwa Karoura, inspirational coach and founder of KTALK.
Leveraging multi-platforms is the way to succeed in MENA business, writes Alex Saber, the chairman of VivaKi MENA, a media holding group.
Turkish Prime Minister Tayyip Erdogan outspoken support for Egypt’s Muslim Brotherhood has set it at odds with the Gulf Arab states.
The luxury Italian coffee machine maker is looking to reach out to discerning customers in the Middle East.
President Bashar al-Assad’s battle against a popular insurgency has killed 100,000 people and displaced more than six million.
Providing financial services to those who can’t afford them is essential in the region, say experts.
Introducing a new product line-up will boost profits, write Lovrenc Kessler and Ekkehard Stadie from Simon-Kucher & Partners.
In a candid chat with Gulf Business, Hult Prize CEO Ahmad Ashkar discusses why he thinks the time is ripe for social entrepreneurship in the Middle East.
Nicolai Tillisch addresses a taboo in the region and reflects on how to deal with the underlying misconceptions.
Syria’s stockpile is believed to be spread over dozens of sites and include research and development centres, some of them underground.
In chaotic Syria, smugglers, middlemen and small companies working with shipping agents are finding ways to do profitable business.
Goldman Sachs tried to follow HSBC in late 2011 with a $2 billion sukuk programme, but Islamic scholars and analysts questioned whether the bank was obeying religious principles.
Even when you’re unhappy at work, justifying your salary and being a team player is vital, writes James Randall, sales manager, eFinancial Careers Gulf.
Gulf Business speaks to Amit Malani, president of Harman Middle East
Now Blatter’s admitted it was a mistake to award the rights to Qatar’s summer months, only a time-efficient loophole will prevent a winter tournament, writes Gulf Business reporter Neil Churchill
Gulf Business traces the lineage of the iPhone 5S back to its initial concept.
Peter Garnry, equity strategist at Saxo Bank, asks what does the Nokia-Microsoft deal mean for the mobile market.
Qatar tops the list as the most expensive construction market in Middle East.