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

VAT payback: UAE companies to benefit on their medical insurance expenses

New VAT update allows for tax input credit on family medical coverage

The BIBF, London Institute of Banking & Finance launch International Trade Risk Certificate Enhancing Bahraini professionals’ capabilities in trade finance

The CITR programme covers a broad range of essential topics, including risk assessment, trade risk analysis, and the development of effective risk mitigation strategies for international trade transactions.

Arab Bank Iraq’s Enterprise Banking enabled by BML Istisharat’s ICBS G5 Solution

Financial institutions worldwide are investing in next-generation core banking solutions to streamline processes, integrate digital banking capabilities, and enable real-time transactions.

Kaspersky supports INTERPOL-led operation Red Card, resulting in over 300 arrests

Aimed to disrupt cross-border criminal networks across the African regio

Kuwait’s Banking Sector Poised for Historic Mortgage Reform

The pressing need to address this issue has prompted the government to consider major reforms to the housing program.

Turkish central bank to meet bank executives, banking sources say

Turkish lira, stocks and bonds suffered heavy declines since Wednesday when Istanbul Mayor Ekrem Imamoglu, the main political rival to President Tayyip Erdogan, was detained.

Salam to Lebanese Executives in Saudi Arabia: No deposit write-offs, financial reforms to begin with IMF reengagement

During a meeting with a delegation from the Council of Lebanese Executives in Saudi Arabia, Salam described the government’s appointments mechanism—starting with the call for applications to CDR leadership—as a crucial entry point for re

BBVA confident on Sabadell bid approval, optimistic on Türkiye

Under Spanish law, the government cannot stop a bid from being made, but it has the final word on whether a merger goes ahead.

Executive, legislative authorities continue consultations on 2025-2026 state budget

The discussions also reviewed the priorities and projects proposed by government ministries for inclusion in the budget

FRA approves fintech integration for 8 non-banking financial, brokerage firms

The FRA emphasized that this move aligns with its broader strategy to modernize and digitize non-banking financial services.

The Central Bank of Egypt hosts a specialized technical team in cybersecurity from the Central Bank of Tanzania

This standing is manifested in the establishment and operation of the region’s first sectorial CERT

Oman’s New Banking Law: Key Regulatory Changes, Compliance Requirements, and Business Impact

Oman’s New Banking Law enhances the Central Bank’s authority, increases capital requirements, and strengthens financial regulations across banking sectors. It introduces stricter compliance measures, expanded digital and Islamic banking provis

Ripple secures DFSA licence to offer regulated crypto payments from DIFC

Ripple will be the first blockchain-enabled payments provider licenced by the DFSA

Dubai Chambers Board of Directors discusses strategic direction and future initiatives

Brainstorming session held to exchange ideas supporting sustainable economic development

Fawry signs partnership with Ottu to expand online payment solutions in Egypt

The agreement aims to enhance Egypt’s online payment landscape by integrating Fawry’s payment infrastructure with Ottu’s management system

Experts laud CBJ monetary management, approach to currency flow regulation

These specialists deploy a comprehensive monetary toolkit to achieve strategic objectives while maintaining market discipline.

Estithmar Holding signs MoU with Qatar Primary Materials Company

The agreement was signed by Abd Almunem al-Sakka, Cluster Chief Executive Officer of Elegancia Services, a subsidiary of Estithmar Holding,

QBWA and Deloitte renew partnership agreement to empower women in business

This renewal marks the continuation of a highly successful partnership in 2024

Dentons wins four awards at the emeafinance Middle East Banking Awards 2024

Dentons' legal acumen extends across all areas of capital markets, Islamic and project finance

CBB grants license to Mena Industrial Bank

The bank will provide wholesale banking and trade finance solutions to corporations, government entities, and high-net-worth individuals, locally and regionally.

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