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

DFSA Signs International Agreement on Audit Oversight

The MMoU aims to encourage and strengthen information sharing and co-operation to offer mutual assistance among IFIAR Members.

Credit Suisse's Perfect Storm

Authorities have displayed little evidence so far in the investigation, which is potentially explosive for the bank.

Turkish regulator gives new permits for PASHA Yatirim Bankasi

Pasha Bank is a leading corporate bank in Azerbaijan.

Saudi Arabia picks hybrid structure for debut dollar sukuk

An amount equal to 51 percent of the bond proceeds will be used in a mudaraba agreement, a form of Islamic investment management partnership.

Arab Bank Case May Show Trump’s Corporate Liability Views

The high court on Monday agreed to hear an appeal from victims and the families of victims of Palestinian attacks inside Israel seeking to overturn a Second Circuit decision that barred them from suing Arab Bank PLC for allegedly...

GCC reforms safeguard banking bankers

Central banks in the GCC states have played a key role in improving the banking sector in the regional countries since breakout of the global economic crisis in 2008

London Commercial Court rules on luxury Dubai development

Baker McKenzie has won a major litigation case for Dubai Islamic Bank against a company planning a luxury resort in Dubai, raising issues from the violatility of the Dubai property market to interplay with Sharia law.

Spanish police stage raids targeting Assad family's assets

The assets of Rifaat al-Assad and his family in Spain are valued at 691 million euros ($736 million), the source said, adding that "all these properties have been seized."

KWM to scale back Middle East presence with Saudi pullout

Firm ends Riyadh association as former managing partner Bednall heads back to Australia

CBB pushes for financial digital transformation in Bahrain

The CBB is committed to achieve a digital transformation and new technologies in the financial sector in Bahrain

Bahrain unveils new law to support growing financial sector

Bahrain has become the first country in the GCC region to introduce an Investment Limited Partnership Law and integrate it in the country’s legal system.

Bahrain equals global financial hub

The Kingdom has a strong and mature financial sector

Andersen Global Expands Presence in Israel

Yaron-Eldar provides tax law, international tax, real estate tax, and indirect tax services for both large and small public and private companies as well as individuals.

Bahrain to grant GCC residents, investors IDs

Al-Qaed said the procedure will deepen ties with GCC member states, attract more Gulf investments, allow for more services and increase customer satisfaction.

Central Bank Announces Development Funds to Kick-Start Economy

Most banks operating in Jordan, he added, are subscribing to this fund—including 15 commercial banks

Deloitte Middle East Point of View: Ethical tax, construction market outlook, ISO 37001 on anti-bribery management, and GCC family businesses

CRS is intended to reduce tax evasion

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