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

Qatar overhauls rental law to ease registration

The settlement fee for certain violations tied to lease registration has also been reduced sharply

Türkiye set to reopen to booking giants with regulations overhaul

Other media reports, including Bloomberg News, also indicated recently that platforms might restart operations in the country.

Lebanon files new suit against ex-central bank chief Riad Salameh: judicial official

He has also been the subject of an international arrest warrant issued by French authorities since May 2023.

FRA issues Egypt’s first regulations governing establishment, operation of hedge funds

The FRA will license hedge funds in accordance with the investment limits and rules set out in their prospectuses or information memoranda and approved by the regulator

Oman mandates e-invoicing for VAT-registered businesses from April 2027

Companies with annual supplies above OMR5 million covered first; others from October

Former Lebanese central bank governor Riad Salameh arrested

Salameh is accused of embezzling millions of dollars from Banque du Liban

Federal Tax Authority and Dubai Police seize 3.5mln non-compliant excise goods packages

And the issuance of 59 seizure reports against several establishments and individuals

How Kuwait’s banks kept the financial system afloat during the Iraqi invasion

From London, banks rebuilt records, protected assets, maintained financial links to Kuwait

Federal Tax Authority wins SAP Global Innovation Award forimplementing corporate tax through the Emaratax digital platform

The FTA received the highest rating among 182 global entities in the Services Superstar category

UAE keeps key interest rate unchanged in July, mirroring US Fed move

Base rate applicable to the Overnight Deposit Facility (ODF) stays at 3.65%

CBB keeps rate unchanged

This decision comes as part of the review conducted by the CBB to maintain monetary and financial stability in Bahrain in light of global financial market developments.

DIFC records 30% growth in registered companies

Active registered companies rose 30 percent year on year to the end of June

UAE bank assets reach $1.53trln in May, central bank says

UAE bank lending increases in May on stronger domestic credit

Saudi Arabia welcomed 29.3m foreign tourists in 2025: OECD

The report highlighted the growing economic and social impact of the tourism sector in Saudi Arabia

Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, ADFW 2026 to Reinforce Abu Dhabi's Role as Capital of Capital

Sovereign Wealth Assets.

Legal, Tax, Regulation & Compliance