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

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

World Bank forecasts 2.8% growth for Qatar's economy in 2025

Non-oil sectors in Qatar have maintained their strength even amid declining oil and gas prices: report

Corporate tax in the UAE: The new reality for businesses

Helping businesses navigate audit, tax, transfer pricing and restructuring in the UAE

UAE announces new VAT rules from January 2026; simplifies procedures

The move comes as part of the UAE’s ongoing efforts to develop its tax system and enhance administrative and regulatory efficiency

Jordan and Syria seek to strengthen banking cooperation, exchange expertise

He added that several Jordanian banks are currently planning to enter the Syrian market.

CBE to Offer $950m Treasury Bills on Monday

Some investors in the new auction requested yields as high as 4.3%, which were rejected by the CBE.

Syrian Central Bank drafts regulatory framework for SWIFT’s return

The meetings focused on “updating fiscal and tax policies, enhancing governance and institutional credibility

Egypt, Algeria sign wide-ranging cooperation agreements

The two sides also signed a cultural cooperation programme through 2028

Oman's central bank issues treasury bills worth OMR4mn

It may be noted that the interest rate on the Repo operations with CBO is 4.50%

Egypt proactively ensures technology is not misused in financial crimes

This came in Khalil's speech at the opening session of the Annual Forum of Compliance Managers in Arab Banks.

Ministry of Finance launches second phase of its professional training programme for public-private partnerships

The move follows the successful completion of the programme’s first phase, now seeking to support federal entities in adopting this effective model, with representatives from various federal authorities in attendance.

Kuwait approves landmark digital commerce law, paving the way for a regional digital economy hub

Al-Ajil: “A pivotal milestone in strengthening transparency, consumer protection, and innovation in Kuwait’s digital economy.”

Sharjah mandates banks for 10.5 year USD benchmark sukuk

HSBC has been named sole global coordinator

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