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

In January, the Islamic bank issued a $1bln 5-year sukuk

The measures also complement a series of initiatives introduced by the Dubai Government and the Central Bank of the UAE

Trophy homes with privacy, scale and service integration continue to attract global wealth despite a more measured market

Alongside Primark’s expansion, Alshaya Group has reopened its H&M store at Mall of the Emirates following a multi-million-dirham refurbishmen

Prices tick up after worst month since 2008, buyers weigh next move carefully

The fund is now positioning itself as a platform for global investors to participate in Saudi-led initiatives

According to the statement, the company’s gross profit stood at SR2.55 billion in 2025

Yasir Al-Rumayyan, PIF’s governor, gave an insight into the wealth fund’s strategy for 2026-2030 at an investment conference in Miami on March 26.

Investors shift toward private assets for growth, access and stability

The 24K gold price rose to Dh542.0 per gram at the market open on Monday, up from Dh541.25 per gram over the weekend.

51% increase in workforce and over 12,000 licences in 2025

On the capital markets front, shareholders approved the renewal of QIIB’s existing sukuk issuance programme amounting to $2bln

The fund is linked to the Trump-backed Pax Silica initiative that names 13-member countries, including the UAE

Gold recovers after sharp fall, drawing buyers back into the market

ADGT is able to contract directly with both land based venues and online digital operators

Keturah analysis shows developer transaction volume climbed 42% YoY with a week of the month remaining

US investors eye exposure to Gulf banking stability and Vision 2030 growth.

EFG Hermes acted as Joint Global Coordinator and Joint Bookrunner on the transaction

The investment, made through Phoenix Venture Partners Innovation Fund (CEIC) Limited

As global fundraising becomes more complex, new survey shows