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

Dubai’s Jebel Ali freezone waives Dhs35m in fines

Jafza said the move supports the UAE’s designation of 2019 as the ‘Year of Tolerance’

Saudis deposit $250m in Sudan’s central bank

UAE said on April 28 it was depositing $250m

How Cryptocurrencies are Regulated in the Middle East

Some significant events in 2018 had turned global attention to the Middle East in regards to cryptocurrency development.

UAE makes plans for expat retirement benefits fund

Government hopes system will ‘provide employment opportunities for new generations’

Turkey raises forex sales tax in another support for lira

The BSMV tax would remain zero for transactions between banks, with the Treasury, and for those repaying foreign-currency loans to banks.

UAE central bank injects $2bn as bank deposits drop

Central Bank's role is to maintain financial stability, regulate cash flows

New system to boost UAE finance sectors's integrity

The new system "will not affect the customers of banks since it is not applicable to them", the central bank said.

CBK sends cautionary note to some auditors

The sources pointed out that the message of the Central Bank

Kuwait, Iraq Sign Deal to Avoid Double Taxation

It was signed by Undersecretary of the Kuwaiti Finance Ministry Saleh Al-Sarawi and his Iraqi counterpart Maher Johan.

Dubai plans single licence to operate in all free zones

Dubai Free Zones Council members reach preliminary agreement on the One Free Zone Passport initiative

Proven APIs Hold the Key to Open Banking Success in Bahrain

Given the pressures, the temptation is to think purely in terms of compliance.

UAE firms outpace MENA peers in sustainability initiatives: Survey

Tackling sustainability-related challenges could save the global economy up to $30 trillion

How to give to charity legally in the UAE

Residents can only donate to registered organisations and fundraisers must obtain the necessary approvals

DIFC offering Dh16.5 million prize to UAE residents, financial community?

Authority addresses claims another multi-million dirham winnings up for grabs

Qatar Islamic Bank signs an agreement with Qatar Red Crescent Society

The agreement was signed by QIB's Board Member and Head of Zakat Committee, Mr. Mansour Al Muslah, and QRCS Secretary-General, Mr. Ali bin Hassan Al-Hammadi.

Path Solutions and Infrascale announce partnership agreement

Path Solutions will offer Infrascale’s Disaster Recovery solutions to its existing and potential clients.

Mada Capital signs for Profile Software Axia

MADA Capital is a financial group based in Dubai, providing financial services and advisory including asset management, fund management and growing wealth for individuals, family offices and institutional investors through tailor-made solutions and global

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