WEALTH MANAGEMENT

Wealth Management

SH Capital appoints Skaik as non-executive chairman

Indian Sub-continent

Pakistan's remittances hit all-time monthly high of $3bln in April

Wealth Management

Egypt’s foreign reserves hit $37.12bln in April – CBE

GCC

Dubai government establishes debt management office, appoints CEO- statement

Banking & Insurance

Credit Suisse to promote Low to Asia Pacific CEO: sources

Funds

Norway wealth fund posts loss of $74bln for January-March

Wealth Management

UAE's holdings of US treasury bonds down 8.5% in February

Wealth Management

Saudi Arabia reduces 36.7% of its holdings of US treasury securities in two years

Wealth Management

Mubadala names new CEO for Abu Dhabi Investment Council

Wealth Management

U.S. Treasuries show foreign inflows in February for 4th month

Indian Sub-continent

Pakistan received highest ever $2.8bln remittances in a month

Careers

ADIC's CEO to retire; Deputy CEO appointed as successor

Careers

Mubadala Investment Company appoints new CEO for Abu Dhabi Investment Council

Wealth Management

UBS names new manager for embattled Asia fund

North Africa

Egypt's foreign reserves drop by $4bln on Ukraine war shock

Wealth Management

World’s 1.9bln Muslims spent around $2trln in 2021 – SGIE report

Wealth Management

Maktoum bin Mohammed meets with CEO of Moelis & Company

Wealth Management

UAE Minister of Economy, BlackRock CEO discuss cooperation

UK and Europe

Deutsche Bank nominates former Norway wealth fund head to supervisory board

Funds

Abu Dhabi Fund for Development finances projects in Bangladesh

Wealth Management

Two thirds of Luxembourg funds with big Russia exposure suspended, watchdog says

Funds

Egypt sovereign wealth fund attracts more than $2bln: govt

Wealth Management

Credit Suisse CEO says 4% of bank's wealth management assets held by Russians

Funds

Investing app Acorns valued at $2bln in funding round led by TPG

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