Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

Research, Comment and Analysis

Forbes Middle East unveils the Middle East’s top 100 CEOs 2023

Meet the titans heading the region’s biggest homegrown companies

Google to support AI research and sustainability solutions in the UAE

Wealth & Asset Management

Exclusive survey by Lombard Odier shows high-net-worth Middle East investors’ strong shift to sustainable investment and Islamic Finance

Cybersecurity skills gap contributed to 80% of breaches

Research, Comment and Analysis

UBS Investor Sentiment: Investors Concerned About the War Yet Stay the Course with their Portfolios

On the Move

Invest Bank strengthens leadership team to accelerate transformation and enhance financial governance

EFG announces strategic leadership appointment in Dubai

Specialty MGA Africa & Middle East appoints two senior underwriters

Citi announces Carmen Haddad will join Citi Wealth in a senior capacity

Al-Futtaim Automotive appoints Katib Belkhodja as Marketing Director for Toyota & Lexus UAE

KKR Appoints General David Petraeus as Chairman of the Middle East and Establishes Dedicated Investment Team in the Region

Legal, Tax, Regulation & Compliance

UAE Central Bank hits banking entity with 'financial sanction'

Emirati Entrepreneur Fatima Ahmed Rashid Qasimi Pioneers Global Shariah-Compliant Wealth Solutions

Double Taxation agreed with Bahrain

QCB issues bills worth QR 2.5 billion

Jordan, World Bank deepen partnership for private sector-led growth

Central Bank of Bahrain grants license to BPay Global

Retail Banking

Commercial Bank awarded ‘Best in-class Straight Through Processing rates’ by JP Morgan

Saudi: SNB’s net profits jump 19.5% in Q1-25

Commercial Bank awarded ‘Best in-class Straight Through Processing rates’ by JP Morgan

QIIB net profit surges 6.3% to QR356.4m in Q1 2025

NBK reports net profit of KD 134.1mln for 1Q2025

Qatar banking sector assets reach QR2.06 trillion in Feb 2025

Alternative Investments

Kuwait: KFH announces $549.4mln net profit in Q1 2025

QInvest realises 43% return on investment on class A multi-family US residential real estate project

Invest Qatar and QNB partner to offer tailored services to foreign investors

QSE index soars to 10,213 level, market capitalisation reaches QR600.59bn

Stc Group to spearhead multicloud tech innovation in MENA with Kyndryl

Oman credit outlook strengthens as OIA reforms drive financial resilience

Wealth & Asset Management

Fund firms fear bank backlash over direct family office business

Lighthouse Canton Launches Family Office Report

QNB named Qatar’s Best Private Bank for 2025 by Euromoney

BankDhofar introduces bespoke concierge service for private banking clients

UBS recognized as “The Middle East’s Best for Family Office Services” in Euromoney’s 2025 Private Banking Awards

Origin Private Office in collaboration with Aldar Development unveils exclusive investment opportunities in Abu Dhabi

FinTech

Visa supports cross-border transfers in Bahrain

AI in Middle East banking could add 13.6% to GDP by 2030, reveals report

Standard Chartered and OKX launch world-leading collateral mirroring programme

Taurus Unveils First Interbank Digital Asset Network

Turkey's Sipay raises $78 million

Capgemini to establish AI Center of Excellence in Egypt to accelerate AI-driven innovation for global clients

Islamic Finance

GCC Islamic banks to witness more M&A activity in 2025

Boubyan Bank records KD 26.5mln in net profits for Q1 2025

Bank Nizwa signs MoU with Knowledge Oman

Dhofar Islamic leads the Islamic banking sector through 25 branches distributed across the Sultanate of Oman

Madinah forum to discuss Islamic finance progress

BBK and Solidarity sign BD58 million Islamic Murabaha financing deal

Research, Comment and Analysis

Knight Frank: Luxury home sales surge as world’s wealthy flock to the Middle East

Saudi Arabia ranks 15th globally for AI research papers, Global AI Competitiveness Index

Why Qatar is an Ideal Location for Wealth Management Opportunities

World Bank gives $500m to create new jobs in Turkey

Making Record Profits: Emirates NBD Group CEO Shayne Nelson Q&A

How women in the Gulf are moving beyond inheritance to become wealth creators

Investment Bank

SICO named best investment bank in Bahrain

Dubai's Mashreq to work with Goldman Sachs to cater for rich clients

UAE Bank Investments Jump 16% To $202B In January

UAE banks investments reach $202bln by end of January

EFG Foundation, Bank NXT Foundation, and Kaf Insurance sign an agreement with the Magdi Yacoub Heart Foundation

NBB expands mortgage financing for Bahraini expats in Saudi Arabia, UAE

Planet SOS

Gulf Bank completes sustainability governance infrastructure

Ahlibank reaffirms its Commitment to sustainability through the installation of solar energy systems at its headquarters

MENA’s transformative role in climate adaptation

Arab co-operation in energy sector discussed

United Arab Bank & Canon to deliver impactful carbon compensation for business printing in UAE

Sustainability Forum Middle East welcomes Boston Consulting Group as a Forum Partner for its third edition