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

QCB’s foreign reserves rise 2.65% YoY in December 2025

These two categories combined constitute the total international reserves.

Turkish banks raise money transfer fees by 30.9% as inflation adjustment kicks in

The revision is intended to reflect rising costs and preserve the real value of service revenues amid inflationary pressures.

BIBF and Aljazira Bank sign strategic MoU to develop Saudi banking talent

Part of the Bank’s strategy to become the employer of choice for attracting and developing top talent

How the GCC can align its data centre expansion with its climate ambitions

The region is undergoing a digital renaissance riven by bold national visions, strategic public-private partnerships, and a clear ambition to lead in artificial intelligence, cloud computing, and smart infrastructure.

Egypt, Qatar sign MOU to boost LNG sales and import cooperation, Egypt says

Egypt produced 3,635 million cubic metres of gas in October last year

Turkey’s Ziraat proposed banking launch in Syria

Ziraat’s moves aim to reinforce financial ties and facilitate reconstruction in the country.

Central bank illuminates building to mark new currency

The governor said the executive instructions for Decree No. 293 of 2025 on currency replacement represent an important organizational step, signaling the start of the practical phase of this national undertaking.

Central Bank of Egypt and Egyptian Banking Institute Launch "Foundations of Fraud Combating" Training Program for Banking Sector Employees

This training program is a strategic opportunity to raise awareness and build shared understanding of diverse fraud conducts

Lebanese PM urges swift approval of law aimed at paying back depositors

The Cabinet approved several articles on Monday.

Boursa Kuwait signs Memorandum of Understanding with The International Stock Exchange

To strengthen cooperation and enhance connectivity

Saudi Central Bank moves to cut banking, payment fees under new guide

The latest announcements underscore SAMA’s role as supervisor and regulator while aligning financial services more closely with market efficiency

Egypt jumps 47 places in World Bank’s Digital Government Index, ranks 22nd globally

The latest report highlights significant progress across all four core pillars of the index

Saudi Arabia tops Arab countries in World Bank’s Statistical Performance Indicator 2024

The World Bank announced on its official website the results of the SPI assessment 2024

FRA approves establishment, licensing of 6 new companies

It also licensed Nawi Shares Fund Company to engage in the same activity.

UAE Central Bank approves three new regulations in insurance licensing, brokerage, telemarketing

Board also reviewed updates on the “Jisr” platform for central bank digital currencies

Egypt plans ‘exceptional’ cut to debt levels, lowers medical VAT to 5%: Kouchouk

The government aims to strike a balance between supporting economic activity and maintaining fiscal discipline to create additional room for spending on human development

UAE eases corporate tax regulations, introduces refunds for unused credits

The reform aims to give companies greater flexibility in managing their tax positions

Kuwait moves to crush bank fraud

Financial crime unit begins work 2026

ADSFF mobilises capital, policy and innovation to drive the next era of sustainability

As the concluding day of ADFW, the forum united international leaders to accelerate progress on climate finance and the global net-zero transition

BBVA expands its CIB services in the Middle East after receiving in-principle approval from ADGM

BBVA has been present in Abu Dhabi through a Representative Office since 2013

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