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

Phoenix Group CEO increases stake, reinforcing confidence in Long-term growth strategy

Phoenix Group CEO Munaf Ali purchases over 20 million shares

Knight Frank: Dubai’s office rents climb 9.1% in H2 2024 amid rising demand

Knight Frank recorded 1.28 million sqft of new office space demand in 2024

Dubai’s property boom accelerates into 2025, but real estate agents struggle to keep up

DLD also reported a 19% year-on-year increase in transaction volume

EGX closes higher on Thursday, led by local and Arab buyers

The benchmark EGX 30 index rose by 0.23 percent to close at 30,947.44 points.

Buy, sell gold jewellery for maximum profit: Expert tips, strategies

Step-by-step guide on timing your gold jewellery purchases and finding better buyers

Warburg Pincus expands Middle East push with Hassana Investment partnership

The partnership aims to drive long-term growth in Saudi Arabia as the global private equity firm deepens its footprint in the Middle East.

Al-Futtaim Family Office invests in China’s BYD as automaker raises $5.59bn

The UAE’s Al-Futtaim Family Office is a key investor in the share sale, and the two firms are planning on forming a strategic partnership, according to BYD

PIF to anchor Goldman Sach’s new GCC-focused funds

The MoU hopes to strengthen the domestic asset management industry and encourage regional and international fund managers to expand their presence in the kingdom.

Doha Bank's global bond sees highest international investor participation for any Gulf bank issuance

International investor participation in the bond was the highest for any GCC bank issuance in 2025.

CIB Successfully Closes EGP 7Bn Sukuk Issuance For Tasaheel

The issuance is the largest of its kind in Africa and the first in the Egyptian market.

Ajman’s Business Boom: EDB Connect showcases record growth and innovation

With a 16% surge in licenses and a 20x rise in EDB financing, Ajman’s economic evolution takes center stage at EDB Connect

Azizi Developments’ Founder and Chairman Mr. Mirwais Azizi donates AED 3bln to the Fathers’ Endowment campaign

This charitable contribution is the single largest ever made in the history of the UAE

Hamilton Lane opens new office in Dubai

The new office increases Hamilton Lane's footprint in the EMEA region to seven locations.

Qatar-Saudi Business Council explores ways to boost investments

He invited businessmen and investors from both countries to explore investment opportunities

Markaz records total revenue of KD 20.31mln for 2024

Assets Under Management of KD 1.41 billion

Boursa Kuwait increases its net profit by 15.08% to reach KD 18.18mln for 2024

The Board of Directors proposed a dividend distribution of 82 fils per share

Saudi market sees strong growth in brokerage, asset management: DirectFN CEO

This investment aims to drive innovation and ensure service stability for customers.

Mubadala sovereign wealth fund invests $437m in Bitcoin. There’s more…

It has also been noted that the investment by the Abu Dhabi sovereign wealth fund roughly coincided with BlackRock

GCC equity markets to deliver returns of 12-13% in 2025: FAB

Dubai’s stock market delivered a return of 30.57% as of December 16

UAE banks led by FAB finance $232mln to energy trader BGN

ADEX-backed revolving credit line increased from $100 million

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