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

Investcorp announces sale of Citykart to TPG NewQuest and A91 Partners

It represents the fifth full exit from the firm’s India Consumer Growth Portfolio (ICGP) and the sixth liquidity event for the India franchise in the past 32 months

QIC launches new personal cyber insurance coverage

An innovative coverage against financial losses from cyberattacks, online shopping fraud, credit card fraud and phishing scams

Saudi Arabia’s PIF halts Swiss financial market investments over Credit Suisse fallout

PIF also continues to expand its footprint across Europe, signaling a redirection of capital.

The Arab Coordination Group Strengthens Partnership with the Private Sector through a Pivotal Session to Advance Sustainable Development

The session brought together key stakeholders from ACG institutions, private sector companies, government entities, and international organizations to discuss collaborative strategies for promoting sustainable development.

Saudi Arabia’s PIF halts Swiss financial market investments over Credit Suisse fallout

PIF continues to expand footprint across Europe, signaling redirection of capital

Development Bank CEO highlights climate finance leadership

This evolution means moving beyond traditional project funding

Finnish official invites Qatari businessmen to invest in Finland

He affirmed that Qatar’s market welcomes additional Finnish companies seeking investment

EFG Finance approves acquisition of Fatura by MaxAB-Wasoko

Accelerating Pan-African B2B and Fintech Services Rollout and Ambitious Expansion

BCG, McKinsey and Kearney head LinkedIn list of the UAE’s top employers

Now into its fifth local edition, LinkedIn’s annual list is a determination of which companies offer the best opportunities for career growth

Abu Dhabi Construction Firm Is Said to Tap FAB, HSBC for Listing

The Abu Dhabi-based company has hired the banks to work on a listing that could happen as soon as the second half of the year

Qatar wealth fund plans to invest $500B in US over the next 10 years

Complementing that headline figure, Saudi Aramco also signed 34 preliminary agreements with American companies valued at up to $90 billion

Amlak Finance announces financial results for Q1 2025

Amlak Q1 2025 net group profit after income tax stands at AED 28 million up by 4% compared to the same period last year.

Investec Launches Bespoke Buy-To-Let Proposition for Expats

Investec predicts significant growth potential in both Dubai and Switzerland.

Saudi Arabia’s Tourism Development Fund eyes global bank partnerships to boost financing Previous

The spokesperson revealed that TDF met with a couple of banks

EFG Hermes collaborates with Horizon Trading Solutions to enhance algorithmic trading for its clients

This architecture ensures efficient order routing, optimized trade execution, and enhanced operational efficiency for EFG Hermes and its clients

Emaar rides strong sales to 27% profit boost in Q1

Recurring revenue from malls, hospitality, leisure, entertainment, and leasing reached Dhs2.6bn, up 11 per cent from Q1 2024

Saudi Aramco net profits drop 4.6 percent in first quarter: statement

Aramco's robust financial performance once again demonstrated the company's unique scale

Emirates Group achieves record profit of AED22.7 bln ($6.2bln) in 2024-25

Emirates is the world’s most profitable airline, and Emirates Group the world’s most profitable

Qatar a key partner in international trade and investment

He highlighted the importance of regional cooperation in enhancing Qatar’s trade competitiveness.

Manulife Sets New Milestone with Dubai Office Launch for High-Net-Worth Clients

DIFC has become the region’s global hub for insurance and insurance. At the end of 2024

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