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

Qatar Central Bank issues Government Ijarah Sukuk worth over $1.37bln

The allocations were issued across different maturities

Saudi Aramco signs agreements worth over $3.7bln with French companies

The agreements include procurement deals for drilling equipment and oil country tubular goods

Three on trial over tax evasion case

The company had negotiated a payment plan with the NBR, and we’ve been paying monthly, but then our commercial registration (CR) was suspended.

Deloitte and Oman Tax Authority to co-deliver Oman Tax Conference 2026

Strengthening public-private collaboration on tax priorities

Central Bank of Egypt keeps key interest rates unchanged at 19-20%

The rate of the main operation and the discount rate were also kept unchanged at 19.5% each

CBE directs banks to submit 2027 financial literacy plans in Q4 2026

The plans and periodic reports must be submitted to the CBE’s Financial Inclusion Sector using the specified templates.

UAE suspends all trade and financial transactions with Iran until further notice

Move aims to protect international financial integrity and regional stability

FRA approves Al Baraka Bank Egypt’s MTO for A.T. Lease

The company’s statement shall assess the feasibility and potential outcomes of the offer, as well as its significance for A.T. Lease, its shareholders, and employees.

Central Bank Targets 65% Financial Account Ownership by 2028

It aims to evaluate progress made under the strategy's action plans, review key achievements, identify critical challenges and gaps, and address priorities and necessary measures for the strategy's remaining phase.

ADGM's FSRA signs MoU with GCGRA to strengthen regulatory cooperation

The MoU reinforces the shared commitment of both authorities to maintaining high regulatory standards through effective collaboration

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%

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