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

Gold price in Qatari market increases by 2.27 percent this week

Qatar National Bank (QNB) data showed that the price of gold increased from USD 3,449.24510 recorded last Sunday.

ECI, Arab Bank for Investment and Foreign Trade sign MoU to advance bilateral collaboration

This strategic agreement is designed to enhance collaboration across various domains related to insurance and risk management

Knight Frank appointed to lead launch of Residences of SHA Island – the world’s first longevity & wellbeing island

Globally renowned SHA Residences debuts in UAE with 137 island residences at Al Jurf

QSE index drops 32.62 points at market open

Losses were recorded across most sectors

Doha, Berlin explore new avenues to boost trade and commercial cooperation

Officials underscored Germany’s role as a valued partner in Qatar’s industrial and technological advancement

Andersen Consulting adds advisory and market intelligence firm Ventures to platform

Ventures Middle East has a strong track record of delivering critical intelligence and strategic advice to clients.

Egypt’s Orascom Construction to list shares on Abu Dhabi's ADX

Company to set up operations at ADGM after delisting from Nasdaq Dubai

Riyad Capital announces successful issuance of landmark SAR 500mln Saudi Riyal denominated Sukuk for Sumou Global Investment Company

This landmark transaction marks the company's debut into the debt capital markets, a strategic move towards diversifying its funding sources and securing capital for long-term growth

First Abu Dhabi Bank launches region’s first Blue Bond to fund marine conservation

The issuance aligns with FAB’s Sustainable Finance Framework 2023 and adheres to the International Capital Market Association (ICMA) Green Bond Principles

Saudi Arabia’s residential market demonstrates stability amidst evolving end-user needs: JLL

Fueled by evolving end-user needs and a growing preference for affordable apartment living

Saudi Arabia, China strengthen trade and investment ties in high-level talks

Al-Falih also attended a roundtable with the Saudi ambassador to China

Madbouly follows up on efforts to attract investment to Egypt’s ICT sector

The meeting highlighted efforts to build bridges of cooperation with international organisations

Azizi Developments celebrates handover of Azizi Azure in Riviera, MBR City

Riviera is part of Azizi Developments’ award-winning portfolio

Private equity, venture capital investments in Israel on the rise

The report singled out the technology sector.

Ministry of Finance receives Best Industry Enabler Award for transforming procurement and empowering local suppliers

MoF has reaffirmed its commitment to supporting the National In-Country Value (ICV) Programme

QNB earns global recognition for its corporate banking excellence in 2025

Qatar Stock Exchange stated in a release on its website on Sunday

Kuwait issues new rules for mandatory insurance policies

The decision comes as part of efforts to enhance transparency, protect the rights of policyholders, and strengthen the development of the local insurance market

UAE property market soars to $87bn as luxury sales set records

UAE property deals hit $87bn in H1 2025 as luxury sales soar, developer profits rise, and investors favour real estate over tech

QIC Group reports 6 percent rise in net profit for first half of 2025

QIC’s international business is also an important earnings contributor, and its high-quality investment portfolio continues to deliver solid returns.

PIF continued to drive the economic transformation of Saudi Arabia while shaping global economies in 2024, growing AuM by 19%

PIF’s 2024 Annual Report shows total revenue increased by 25%, and cash balance remains strong and broadly unchanged year on year

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