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FINANCIAL NEWS
UAE, Saudi maintain key growth markets for wealth management
21 Jun 2016
(MENAFN) The UAE and KSA will remain the key local markets for private wealth management in the area with focus on ultra-high net worth clients.
Moreover, the Middle East and N. Africa (MENA) is important to the HSBC, especially Saudi Arabia and the UAE.
Additionally, the sector is increasing more than purely about asset allocation, which can help clients manage their full portfolios in the wealth creation.
The Middle East is home to the highest proportion of millennial entrepreneurs globally, while more than 2,800 active business owners worth between USD250mn and USD20mn.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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