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

Have UAE banks cut jobs due to regional conflict? Official clarifies

UAE Banks Federation chief says no bank has cut jobs , but third parties offering services to banks might have reduced workforce amid ongoing regional conflict

Middle Eastern banks tap China growth by beefing up presence in Hong Kong

Gulf lenders have been expanding outside of their home turfs in the Middle East and beyond in recent years

UAE announces major cashless change for tourists – here’s what it means

Will this change your plans?

How the Middle East war is boosting family offices, private banking in Hong Kong and Asia

Conflict prompts rich investors to diversify, boosting Hong Kong’s role as a hub for family offices and private banking

Nassef Sawiris closes London family office as UK tax changes drive wealth exits

Filings show that NNS Group has submitted a final notice to wind down its London entity by the end of this month

Qatar: Real estate trading volume exceeds $127.7mln in one week

Sales were concentrated in the municipalities of Al Rayyan, Doha, Al Wakrah, Al Daayen, Umm Salal, Al Khor, Al Dhakhira, and Al Shamal

Dubai millionaires: Indians, Pakistanis, Saudis lead foreign-born wealthy list

New research by Altrata and Arton Capital shows that Dubai's wealthy population is younger and more diverse than global averages, with many having built self-made fortunes

Markets swing between rallies and sell-offs as Middle East talks remain uncertain

The willingness of both sides to negotiate suggests there are limited alternatives to eventually reaching an agreement.

Are markets looking beyond the Middle East conflict?

Cheaper valuations, despite solid company earnings, suggest forward-looking equity markets have already accounted for conflict risks.

IMF cuts MENA growth forecast to 1.1% on Iran war

Lender warns Mideast war driving up financial stability risks

UAE banks steady as central bank support cushions impact of regional tensions: S&P

UAE Central bank allowed lenders to access up to 30 per cent of reserve balances and introduced term liquidity facilities in UAE dirham and US dollar

Dubai’s real estate transactions surge 31% to reach $68.6bln in Q1 2026

Dubai’s real estate sector continues to strengthen its role as a key driver of economic growth in the emirate

EY Academy launches AI-powered project delivery programme in GCC

The launch comes as organisations across the GCC, particularly in Saudi Arabia, manage increasingly complex project portfolios aligned with national transformation agendas such as Saudi Vision 2030

Qatar Central Bank says foreign exchange reserves rise 2.21% year-on-year

Data issued by QCB showed that its official international reserves increased by 2.6% by the end of March 2026

“No layoffs at Danube Group,” says Rizwan Sajan

The statement comes at a time when businesses across sectors are reassessing cost structures and workforce strategies

BankDhofar’s SME growth strategy is designed to empower entrepreneurs

As the Sultanate advances its Vision 2040 diversification agenda, SMEs are no longer viewed as peripheral actors but as central drivers of innovation, localisation, and economic resilience

Salary cuts amid regional tensions? What UAE employees need to know

Concerns are rising among employees and companies in the UAE as regional tensions weigh on sentiment, but labour law offers clear protections, and salary cuts are far from straightforward

Why gas prices are surging after Qatar LNG attack

The impact on global markets was immediate.

UAE denies claims of capital controls, reaffirms free movement of funds

Analysts warned that the attacks mark a major escalation in the conflict and could significantly delay the recovery of global LNG supply.

BIBF CEO: Bahrain’s Financial Sector Continues to Operate with Strong Resilience and Efficiency

He concluded by reaffirming that Bahrain’s financial sector continues to play a vital role in supporting the national economy, underpinned by a well-integrated system characterized by stability, resilience, and trust.

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