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

Bahrain: BBK and Eskan Bank sign GLDP agreement

The initiative builds on joint efforts to advance Bahrain’s housing sector

Erdogan’s Proposal Risks Deepening Turkey’s Role in Illicit Finance Networks

A 20-Year Foreign-Income Tax Exemption Could Deepen Turkey’s Exposure to Money Laundering, Sanctions Evasion, and Organized Crime

Reem Finance transitions to Reem Bank after UAE licence approval

The bank has also introduced a fully digital credit process and a framework that incorporates community feedback into product development.

UAE launches instant bank account service for tourists

New CBUAE, ICP, ADCB service allows tourists to open bank accounts digitally on arrival

Turkey’s central bank flags rising inflation uncertainty

The bank stated it is closely monitoring how developments and domestic energy prices affect the inflation outlook through the cost channel and economic activity.

Central Bank of Jordan Decides to Hold Interest Rates Steady

The committee reaffirmed the Central Bank’s continued close monitoring of global and regional economic developments, and its readiness to take proactive measures to strengthen the resilience of the national economy.

Dubai updates two-year residency visa rule for property investors

The property-linked residency permit removed the minimum property value requirement for sole owners and relaxed conditions for jointly owned properties

Bahrain central bank leaves overnight rate unchanged at 4.25%

This decision comes as part of the review conducted by the CBB to maintain monetary and financial stability in the Kingdom of Bahrain

Baker McKenzie Cairo Advises Marakez on EGP 5.5 Billion Financing Agreement with QNB Egypt

The transaction supports Marakez’s ongoing growth strategy, strengthening its capital structure and supporting the timely delivery of large‑scale, high‑quality real estate projects aligned with Egypt’s urban development agenda.

Syrian-Algerian talks focus on stronger financial and banking cooperation

Husrieh reaffirmed the Central Bank’s commitment to strengthening communication channels with Algerian financial institutions.

Financial Audit Authority in Dubai awards RTA the highest rating in corporate governance and internal audit evaluation

Which forms part of the corporate governance framework covering entities subject to its oversight

Bermuda signs amendment to Bahrain tax agreement

Mr Burt said as more Bermuda businesses look to expand operations in the GCC, Bahrain remains a key gateway.

New strategic partnership in the Arab States region to enhance access to green finance for small and medium-sized enterprises

This partnership will unlock capital for green small and medium-sized enterprises

UAE Central Bank Updates Guidance on Anti-Money Laundering and More: Compliance Takeaways

The update, released on April 16, 2026, forms part of the UAE’s broader effort to align its financial system

Turkey’s central bank may need extra rate hike, Citi says before policy decision

The rate call is due on Wednesday, when the central bank’s Monetary Policy Committee is scheduled to meet for its third policy decision of the year.

Dubai South signs MoU with Emirates NBD to support business community

The MoU was signed by Saif Al-Ali, Director of Licensing and Free Zone Management at Dubai Aviation City Corporation, and Hamad Mohamed Zayed, Group Head of Business Banking at Emirates NBD

UAE warns of shift to yuan amid dollar shortages

UAE Central Bank Governor Khaled Mohamed Balama raised the idea of establishing a currency-swap line during meetings in Washington last week

Dubai Chamber of Commerce and Mashreq hold open dialogue with 82 private sector representatives to support their financial resilience

Session forms part of a series of events designed to address the private sector’s financial priorities amid evolving economic conditions

Bahrain, Bermuda sign protocol amending double taxation agreement

The protocol was signed on behalf of Bahrain by the Minister of Finance and National Economy, and on behalf of Bermuda by the Premier.

Syria Central Bank, World Bank Agree on Technical Assistance to Strengthen Reserves Management

The meeting discussed ways to enhance the banking sector's capabilities and promote joint cooperation and came in light of current developments

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