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

Saudi Arabia: Mixed Financial Mid-Year Report

The Saudi Arabian Purchasing Managers’ Index (PMI) rose to 55.8 points in May, up from 55.6 in April.

Oman's first energy transition fund launches with $200m

Oman Investment Authority and Hong Kong-based Templewater aim to support the country’s Vision 2040 diversification goals.

Secure your wealth: How a second passport can boost your finances

A financial fallback for UAE residents exploring opportunities elsewhere in the world

UAE's Golden Visa: A game changer for Indian investors in Dubai's real estate market?

UAE’s Golden Visa may attract Indian mid-tier investors, boosting Dubai's real estate market but India’s luxury segment is likely to stay largely unaffected

Saudi Arabia’s National Development Fund secures $1.3bn in credit facilities to boost development projects

Deals designed to enhance funding for key development projects across the Kingdom

Allfunds Onboards First Fund into Middle East Management Company in Partnership with Schroders

Allfunds (Middle East) Limited, based in Dubai International Financial Centre, offers a tailored framework for accessing Middle Eastern markets.

Saudi Awwal Bank to issue SAR-denominated AT1 sukuk

HSBC Saudi Arabia is mandated as sole arranger and dealer

AFESD, AIIB sign deal to boost sustainable infrastructure projects

“This collaboration will bolster our resources and strengthen our role in financing infrastructure, contributing to a more prosperous and sustainable future for the region,” he noted.

Egyptian Food Bank recognized as the first Egyptian development organization

To receive the FAO Award for its leadership in advancing food security

Crédit Agricole Egypt Foundation unveils its new brand identity

The new logo is inspired by a blooming four-petal flower, symbolizing the four main strategic pillars of the foundation

Union Insurance takes further measures to strengthen its financial position

Company’s solvency and liquidity continue to be strong and recently solvency reached 144%

Oman’s finance and leasing sector supports economic diversification under Vision 2040

Oxford Business Group’s latest Growth and Perspectives video highlights the sector’s role in enhancing access to capital and enabling sustainable growth

Trade volume with Saudi Arabia up 65% to QR4.9 billion: Qatar Chamber

The meeting explored ways to enhance cooperation between the two chambers, aiming to strengthen collaboration between the private sectors of both countries, particularly in Al-Ahsa.

UAE secures top sovereign credit ratings from major agencies

Three major global credit rating agencies underscores the UAE’s robust fiscal standing, positioning it among a select group of countries globally with strong sovereign credit ratings across the board

Howden announces its entry into the Kingdom of Saudi Arabia to drive strategic growth opportunities

Appointment of Motaz Bukhari as CEO, Howden Re, Kingdom of Saudi Arabia

Saudi Arabia raises $628m in June sukuk offering

The NDMC has maintained a steady pace of monthly issuances this year

National Investments Company expands regionally with first office at DIFC to serve a wider client base

In a strategic move to broaden its footprint and enhance service capabilities across key markets

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

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