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

QNB Turkey tightens price on its $500mln 5-year Eurobond

The orderbook peaked to $2.1bln at launch, excluding JLM interest, before settling at $1.65bln

Ministry of Finance receives International Accreditation for Future Readiness and Business Agility

MoF successfully fulfils all requirements and principles of the strategic and operational framework for future readiness and business agility across all sectors and departments

Erdogan-led Turkey Wealth Fund reveals trillions in debt and widespread limits on independent audits

The audit report shows that the fund’s total liabilities increased by 35.3 percent compared to the previous year.

Issuance of decision regulating Preliminary Real Estate Register boosts investment appeal

The Chairman of Aqarat emphasized the importance of developers reviewing and complying with the regulations governing the licensing of off-plan sale projects

CBUAE, Bank of Finland strength partnership in financial stability, fintech

The visit underscores the commitment of both central banks to key areas

How FinTech firm CUSP is redefining wealth management in the UAE

DFSA-licensed firm introduces hybrid advisory model with 0.75 per cent portfolio management fee and $25 minimum investment for all

Lebanon central bank seeks to recuperate embezzled funds to bolster liquidity, governor says

Instead Souaid told reporters that the central bank had filed a criminal complaint against an unnamed former official of the central bank

CIPS accelerates Middle East growth as regional demand for procurement capability rises in 2026

Membership increased by more than 10% in 2025

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

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