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

The central bank also stated that it will continue collaborating with its partners to facilitate economic activities.

The specific provision coverage ratio edged higher to 60.6% while the total provision coverage ratio reached 93.7%

The revision is down from the previously anticipated 5.7%

Lender one of several under investigation over ties to former central bank governor Riad Salameh

A&O’s Riyadh office will be an integral part of the firm’s global network, consolidating its position in the Middle East for top-end complex work.

Saudi Arabia and Bahrain are continuously exploring partnership opportunities across various sectors.

At 23 government service centres across Emirates

The decision aims to keep interest rates at levels appropriate for supporting economic growth.

Authorised specialist will safeguard digital assets with state-of-the-art security and regulatory compliance

This puts an end to all outstanding litigation DIB had launched against hospital firm

Technology transformations are pivotal in turning the Saudi Vision 2030 into a reality.

While finance houses could revise their fees to manage profit margins, the competitive nature of the banking sector might limit their ability

One of the main topics on the agenda was the rapidly evolving regulatory landscape

Ms. Al Sharaf was selected amongst 10 women from across the globe for the ‘Policy Makers and Regulatory Experts’ category

The MoU was established to facilitate the upskilling of the workforce within the QFC and the broader financial services industry.

The Summit brought together nearly 300 C-suite executives, leaders of tax and finance functions and KPMG senior executives

The transaction is the latest addition to a series of high-profile infrastructure deals Baker McKenzie has worked on in Indonesia.

The parametric approach to reinsurance championed by ASR facilitates the flow of capital to support vulnerable populations.

That small step has significant implications.

ADGM's Registration Authority penalizes firm, its principal for two audit works