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

Union Insurance reduces capital by 30.5% to offset accumulated losses

The last trading day before the capital adjustment is scheduled for 24 June 2025, with trading suspended on 25 and 26 June.

MSX, Estidama highlight startups incentive programme, business market in Dhofar

The orientation session was held in Salalah in cooperation with Dhofar Governorate’s branch of Oman Chamber of Commerce and Industry (OCCI).

Why are central banks doubling down on gold reserves?

WGC says central banks see gold as a shield against rising geopolitical and economic risks

Kinetic Consulting expands Customer Experience portfolio with new partnerships

In building this offering, we sought the very best talented teams to join us in serving our clients in the GCC marketplace.

QSE displays resilience as index surges 177 points; M-cap adds QR12bn

The Arab individuals turned net buyers in the main market

As Dubai gold rate sticks to record high, should investors switch to banks' 'gold accounts'?

So, there is a direct contest for investors’ funds that banks believe would otherwise have gone into buying gold jewellery.

Saudi National Bank to issue USD-denominated tier 2 capital notes

The notes will be issued under its Euro medium Term Note programme

GFH Financial Group denies plans to merge with Dubai’s Shuaa Capital

Company says it has not entered into any merger talks, agreement with Shuaa

Azizi Developments’ Azizi Grand reaches 35% construction milestone

The building’s structure is 88% complete

Six far-reaching disruptions set stage for a retail renaissance in the next decade—Bain & Company

Far-reaching disruptions in the global retail landscape are set to radically – and rapidly – transform the industry over the next decade

Private equity upturn hit by tariff turmoil, but winning firms will lean into turbulence

To seize opportunities amid the uncertainty—Bain & Company’s PE Midyear Report

MENA region records 225 M&A deals worth $46bln in Q1

Cross-border deals were the primary driver of M&A activity in the MENA region, contributing 52% of total deal volume with 117 deals and 81% of total deal value at $37.3bln

Can Dubai gold price drop back to Dh360 levels - even go lower?

More UAE gold shoppers are turning 'investors' - and learning to be patient

Next-Gen HNWI prefer Middle East as favorite investment destination: Capgemini

Saudi Arabia in particular is aggressively courting international investors and ultra-wealthy individuals, report says

Bermuda life insurer gains licence in Dubai

Transamerica Life Bermuda brings significant experience in large sums assured and managing complex customer scenarios to the Middle East.

International Islamic Trade Finance Corporation’s 2024 Annual Report highlights record trade support

Empowering organisation of Islamic Cooperation Economies and expanding global impact

Dubai real estate market shatters records with historic AED 66.8bln of transactions in May 2025, Property Finder reveals

Dubai's real estate market delivered AED66.8 billion in sales transactions across 18,700 deals last month, solidifying the emirate's position as a global real estate powerhouse

United Arab Emirates Gold price today: Gold rises, according to FXStreet data

FXStreet calculates Gold prices in United Arab Emirates by adapting international prices to the local currency and measurement units.

Shareholder in UAE's biggest bank FAB seeks to raise $480mln from secondary offering

The selling shareholder, whose name was not disclosed, is offering around 113 million shares at a price of $4.22 per share through an accelerated bookbuilding

Abu Dhabi Fund for Development releases 2024 Annual Report showcasing UAE’s global development and export empowerment strategy

The report underscores the ADFD’s vital role in supporting global sustainable development

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