Markus Massi News Today

The bank attributed the surpluses to the "elevated diversification of the Qatari economy," stating that it met predetermined targets.

Bahrains financial wealth is predicted to experience a steady compound annual growth rate (CAGR) of 4.9% between 2022 and 2027 to reach $89.1 billion, according to a new report by Boston Consulting Group (BCG).

Boston Consulting Group predicts robust 5.1% annual growth in the country's wealth, underpinned by high-earning entrepreneurs and stable assets.

Omans financial wealth to reach $141bn by 2027

Iddle Eastern Assets under Management (AuM) grew by a staggering

Middle Eastern Assets under Management (AuM) grew by a staggering $100Bn from 2021 to 2022, (7% CAGR) to reach $1.3 trillion, according to Boston Consulting Group’s (BCG) latest annual Asset Management Report.   BCG’s report “Global Asset Management 2023:

Middle East Assets under Management reach $1.3 trillion in 2022

The world economy is in a precarious position. In tandem with the impact of COVID-19, rising interest rates have compelled many countries to declare that they face the possibility of a protracted and arduous recession. Yet, in Saudi Arabia, the economic climate is comparatively brighter. Elevated energy prices and an increase in tourism resulting from major global events have

RIYADH: Saudi Arabia’s banking sector boomed in 2022 on the back of potent revenue growth and is set for further gains, according to the Boston Consulting Group. Analysis by the US-based firm reported the Kingdom’s banking profits after taxes have grown an average of 7.9 percent per year since 2016 – although there are huge variations within that time frame due to global

The study found that global AuM grew at 12 per cent last year, to more than $112 trillion, a growth rate well above the seven per cent average of the previous 20 yea...