Arab Today, arab today adib releases outlook on regional and global investment climate
Last Updated : GMT 06:08:49
Arab Today, arab today
Arab Today, arab today

ADIB releases outlook on regional and global investment climate

Arab Today, arab today

Arab Today, arab today ADIB releases outlook on regional and global investment climate

Abu Dhabi Islamic Bank
Abu Dhabi - WAM

Abu Dhabi Islamic Bank (ADIB) has presented its outlook on the regional and global investment climate to its top private banking clients at a number of events in Abu Dhabi, Dubai and Al Ain. Senior ADIB executives from ADIB’s Private Banking arm explained to clients how to manage wealth effectively in times of economic and political volatility.

Mohammed Azab, Head of Private Banking, and Shahzad Ali, Head of Investment Advisory (Private Banking), presented the outlook to 100 clients in Al Ain, Abu Dhabi and Dubai. The outlook covered the current state of play in the global and regional economy as well as its expected impact on the major investible asset classes - equity, Sukuk, currencies, commodities and real-estate – particularly, in the current low interest rate environment.

The seminar was attended by a cross section of ADIB’s private banking customer groups. Following the seminar clients were advised on matters of particular interest to them, such as the investment outlook in securities, the Sukuk markets performance, what to expect in the current year and how to manage their portfolios to weather the current market challenges.

A recent report from Boston Consulting Group found that private wealth in the UAE is projected to grow at a compound annual growth rate of 10.7 per cent and reach an estimated $1 trillion by 2019. The report also found that the growth of talent in the UAE, along with the burgeoning opportunities for investment, is another reason for why private wealth is more likely to stay onshore in the future.

Shahazad Ali, Head of Investment Advisory (Private Banking) at ADIB, commented, "In the current economic climate, continuous growth achieved by Dubai and Abu Dhabi is enhancing the attractiveness of the UAE as a safe haven for investors in the region as a whole. We recognise that people currently want to keep their money closer to home and are looking for specialist investments that can deliver returns while meeting ethical and Islamic investment criteria. ADIB is well positioned to guide investors in the region through these times of volatility and through seminars such as this, can better advise our clients on the key issues and themes that they need to be aware of in making investment decisions."

That’s even more urgent for these banks now as the UAE has also become a safe haven for wealthy investors in other emerging markets, such as Russia and China, roiled by political instability or experiencing economic turbulence. Private wealth in the Middle East grew 9.1 per cent to $4.8 trillion in 2012 after growing 3.7 per cent in 2011, according to Boston Consulting Group. That’s even more urgent for these banks now as the UAE has also become a safe haven for wealthy investors in other emerging markets, such as Russia and China, roiled by political instability or experiencing economic turbulence. Private wealth in the Middle East grew 9.1 per cent to $4.8 trn in 2012 after growing 3.7 per cent in 2011, according to Boston Consulting Group. That’s even more urgent for these banks now as the UAE has also become a safe haven for wealthy investors in other emerging markets, such as Russia and China, roiled by political instability or experiencing economic turbulence. Private wealth in the Middle East grew 9.1 per cent to $4.8 trn in 2012 after growing 3.7 per cent in 2011, according to Boston Consulting Group.

Source:WAM

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today adib releases outlook on regional and global investment climate Arab Today, arab today adib releases outlook on regional and global investment climate

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today adib releases outlook on regional and global investment climate Arab Today, arab today adib releases outlook on regional and global investment climate

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today What's the reason and what you can do

GMT 05:44 2017 Sunday ,22 October

What's the reason and what you can do
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Syrian children die of hunger

GMT 19:25 2017 Sunday ,22 October

Syrian children die of hunger
Arab Today, arab today Maltese demand justice for murdered

GMT 06:08 2017 Monday ,23 October

Maltese demand justice for murdered
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Actress Mona Zaki praises husband’s role

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:07 2017 Sunday ,22 October

15,000 Under Fives Die

GMT 13:44 2017 Friday ,20 October

Barcelona through George Orwell’s eyes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday