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

Government of Jersey: Jersey Included in Landmark UK–GCC FTA

The GCC region has more than 50 million consumers and a combined GDP exceeding £2.3 trillion.

Guernsey-Gulf trade agreement “strengthens island’s international position”

The Gulf region is seen as an important and growing partner for Guernsey

Oman Central Bank issues $26mln in treasury bills

The statement noted that the interest rate on repurchase agreements (repos) for these bills stands at 4.25%

Qatar Financial Centre and Ahli Bank sign deal

Both parties will collaborate closely with technology providers, startups, and broader ecosystem partners to advance the development, adoption, and commercialisation of emerging financial technologies

Ministry of Finance wins Procurement Excellence award at the World Procurement Awards 2026

In recognition of its forward-looking approach to advancing government procurement through innovative practices

Qatar Central Bank directs banks to cooperate with 'Working Capital' programme

This, in turn, reinforces confidence in the national economy and the Qatari business environment.

GlobalCorp secures Egypt’s largest mortgage securitization at EGP 3.31bn

The National Bank of Egypt served as the subscription receiving bank, while Arab African International Bank also acted as custodian.

Saudi EXIM Signs Cooperation Agreement with Alinma Bank

This agreement comes as an extension of a series of strategic partnerships signed by Saudi EXIM with the banking sector

New US$1 Billion World Bank Group Development Financing to Support Egypt’s Private Sector–Led Job Creation, Macroeconomic Stability, and a Greener Economy

This financing reflects the strong partnership between Egypt, the World Bank Group and the United Kingdom

Saudi finance licenses climb to 74 as payment providers hit 32

The moves come as Saudi Arabia accelerates efforts to modernize its financial sector, expand digital payments and strengthen financial inclusion under the Vision 2030 economic diversification strategy.

Social Affairs Minister explores cooperation with World Bank

She said the discussions included programs related to the Public Authority for Disability Affairs and the Supreme Council for Family Affairs.

Bahrain: BBK and Eskan Bank sign GLDP agreement

The initiative builds on joint efforts to advance Bahrain’s housing sector

Erdogan’s Proposal Risks Deepening Turkey’s Role in Illicit Finance Networks

A 20-Year Foreign-Income Tax Exemption Could Deepen Turkey’s Exposure to Money Laundering, Sanctions Evasion, and Organized Crime

Reem Finance transitions to Reem Bank after UAE licence approval

The bank has also introduced a fully digital credit process and a framework that incorporates community feedback into product development.

UAE launches instant bank account service for tourists

New CBUAE, ICP, ADCB service allows tourists to open bank accounts digitally on arrival

Turkey’s central bank flags rising inflation uncertainty

The bank stated it is closely monitoring how developments and domestic energy prices affect the inflation outlook through the cost channel and economic activity.

Central Bank of Jordan Decides to Hold Interest Rates Steady

The committee reaffirmed the Central Bank’s continued close monitoring of global and regional economic developments, and its readiness to take proactive measures to strengthen the resilience of the national economy.

Dubai updates two-year residency visa rule for property investors

The property-linked residency permit removed the minimum property value requirement for sole owners and relaxed conditions for jointly owned properties

Bahrain central bank leaves overnight rate unchanged at 4.25%

This decision comes as part of the review conducted by the CBB to maintain monetary and financial stability in the Kingdom of Bahrain

Baker McKenzie Cairo Advises Marakez on EGP 5.5 Billion Financing Agreement with QNB Egypt

The transaction supports Marakez’s ongoing growth strategy, strengthening its capital structure and supporting the timely delivery of large‑scale, high‑quality real estate projects aligned with Egypt’s urban development agenda.

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