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

Evolving customer demands driving transformation in UAE banking sector

A report from New Metrics surveyed 600 consumers in order to gauge how evolving customer demands are driving change and progress.

Tax update: What’s new in the UAE? – February 2025

hese corporate tax reliefs apply to investment funds, holding entities, investment entities, fund management entities and wealth and investment management entities.

Central Bank of Bahrain receives French Business Delegation

The delegation, which was headed by Mr. Frédéric Sanchez Chairman of MEDEF International

Policymakers and experts convene at KPMG’s Public Sector Excellence Forum in Riyadh

Excellence in the public sector is not just an end goal but an ongoing process that requires a clear vision

Central Bank of Bahrain grants Financing Company license to L2O B.S.C. (c)

The issuance of this license reflects CBB’s efforts in supporting development of the financial services sector

Dubai reinforces position as leading regional financial hub

The DIFC's clients now include 27 of the world's 29 global systemically important banks and at the end of 2024

Mashreq signs a membership agreement with Mala’a

This agreement grants Mashreq access to a comprehensive database of credit and financial information

DIFC marks 20th anniversary, reports record performance in 2024

DIFC is set to open a new Funds Centre in 2025, offering dedicated space for investment managers to raise capital and expand their operations

UAE Central Bank mandates professional qualifications for senior insurance executives

The regulations also outline the criteria for continuing professional development

Qatar Central Bank Issues Data Handling And Protection Regulation

The Qatar Central Bank emphasizes the importance of securing data usage within the financial sector

Qatar Central Bank issues Data Handling and Protection Regulation

The goal is to provide advanced financial services efficiently while ensuring data protection.

Doha Bank, CMU-Q sign MoU

Our collaboration with Carnegie Mellon University in Qatar will help bridge the gap between academia and industry

Egypt's Khazna to apply for banking licence after securing $16 million in pre-Series B

Khazna, an Egypt-based fintech that offers financial services to underserved segments, has raised a $16 million pre-Series B funding round as it prepares to apply for a digital banking licence.

KPMG to host inaugural Public Sector Excellence Forum 2025 in Riyadh

Along the lines of these four themes, the Public Sector Excellence Forum will delve into key areas such as building national competence to meet future challenges and leveraging cutting-edge technologies like AI to revolutionize public service delivery.

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