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

Joint cooperation agreement signed between UAE and Saudi Arabia in Internal Auditing

Aim to improve the capabilities of Internal Auditors between the two countries

Andersen Global Enters Collaboration Agreement with Bahrain-Based Law Firm

Almoayed Chambers Consultancy is a boutique law firm with specific focus on corporate commercial contracts

Walkers advises Pyypl

Walkers acted as BVI legal counsel for Pyypl on the early-stage funding round, alongside Al Tamimi & Company as lead counsel.

Lebanon central bank extends unlimited sale of dollars to banks until end-March

The bank had lifted the ceiling last month

Dubai’s Mashreq Bank could sell its payments business – and it may not be the only one

Abu Dhabi’s FAB is also reportedly targeting a sale of payments processing entity Magnati

Revealed: king of Jordan used Swiss accounts to hoard massive wealth

The data was shared with the Guardian and 47 other media outlets as part of a global investigation called Suisse secrets.

Seba Bank opens Abu Dhabi office

The office opening in Abu Dhabi will further accelerate the considerable growth that SEBA Bank has achieved over the past year.

Arab rulers, spy chiefs stashed millions in Swiss bank, shows data leak

Data leak from Swiss bank Credit Suisse has opened a peephole into private wealth of powerful figures across Middle East, raising new questions about self-dealing, as per a New York Times report

President Kenyatta welcomes UAE's plan to establish an Innovation and Entrepreneurship Centre in Kenya

The innovation and entrepreneurship centre will focus on launching programmes, workshops and initiatives geared towards providing aspiring and established Kenyan entrepreneurs with guidance on how they can inject innovation into their entrepreneurial ende

This country says it has no plans to introduce income tax for now.

The United Arab Emirates has announced that it will not introduce an income tax for the time being

Contracts show Lebanon's central bank obscured recipients of commissions

Swiss authorities suspect the Salameh brothers may have illegally taken more than $300 million in this way from BDL between 2002 and 2015

Dubai International Financial Centre records best performance in 17-year history driving Dubai's next phase of growth

A total of 1,124 financial and innovation related entities are now active and operating within DIFC, increasing by 23%, versus 915 in 2020

The DIFC’s Recent Record Performance Reinforces Jersey Finance’s Gulf Commitment

Some impressive achievements, reinforcing Jersey Finance’s commitment to supporting the DIFC and collaborating to achieve our mutual aims as IFCs in facilitating high quality cross-border business.

Analysis: UAE corporate tax may dilute competitive edge, as Saudi Arabia steps up

As the UAE aligns itself more with the global economy, Saudi Arabia is using its clout as the world's top oil exporter and biggest Arab economy to vie for capital, giving firms until 2024 to set up regional bases in Riyadh or lose out on lucrative co

Palm Hills aims to issue sukuk worth EGP 3.25bn to finance Badia project

Company seeks to issue sukuk during current quarter: Sources

UAE and Turkey central banks seek further co-operation after currency swap deal

The governors of the two banking regulators met during Turkish president's visit to Emirates this week

DIFC sees almost 1,000 companies register in best annual performance to date

DIFC continued to benefit from strong appetite for its A-class, centrally located premises.

PwC Middle East expands operations in Saudi Arabia

The PwC’s sixth office in the Kingdom will help the company strengthen its presence in AlUla County

Abu Dhabi Securities Exchange collaborates with Borsa Istanbul for tech infrastructure

Borsa Istanbul will provide consultancy and application support to Abu Dhabi Securities Ex

Corporate Tax in UAE

Ever since the announcement of UAE Corporate Tax, businesses and individuals alike also have a natural curiosity to understand its implications

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