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

Kuwait’s construction sector bank financing rises by $400 million in April

Kuwait's construction sector to grow to $13.94 billion in 2024

PayerMax strengthens commitment to Saudi Arabia with inauguration of regional headquarters

This milestone marks a major step in PayerMax’s strategic plan to strengthen its presence in the region and contribute to KSA’s economic and technological development.

Saudi Arabia keen to invest in multiple sectors in Brazil: PIF governor

Al-Rumayyan also remarked that the wealth fund is planning to increase its assets by $2 trillion to $3 trillion by 2030.

Saudi Aramco announces breakdown of shareholding post-allocation

Any offer to acquire shares pursuant to the proposed offering is being made

Saudi Arabia’s GDP grows 1.4% in Q1 2024: GASTAT

In April, the International Monetary Fund projected that Saudi Arabia’s economy

Egyptian Kuwait Real estate Development launches a strong portfolio of projects in partnership between the Egyptian and Kuwaiti governments

This plan includes launching a diverse project portfolio, restructuring, and recruiting new human cadres, which will enhance The company's leading position guarantees its leadership in the market during the current year

GFH Financial Group earns top honors from Forbes and Global Finance

GFH has evolved from an investment bank to a leading regional financial group with extensive global investments and subsidiaries

Phoenix Consulting on stage at SHRM GCC HR Summit in Dubai

HR Summits are held all around the world, with the GCC edition taking place from 5-6 June at Palezzo Versace in Dubai.

How embedded solutions are transforming the insurance sector

The MENA region, especially the Middle East, is making significant strides in financial technology, with embedded finance emerging as a game-changer

Emaar announces AED 1.5bln expansion of Dubai Mall

The World's Most Visited Place, Set for Monumental Addition

'Middle East expert network industry to see strong growth'

“Such networks essentially act as the connection between companies seeking specific insights with the seasoned experts who can deliver this,” explains Omar Yamak, the CEO of Infoquest.

Property Finder highlights market resilience in Qatar’s real estate sector

This upward trend signifies a maturing market that continues to offer substantial opportunities for both domestic and international investors.

PIF crowned world’s most valuable wealth fund brand

The Qatar Investment Authority, another wealth fund in the region, secured the third spot with 61.02 brand strength index points with an A+ rating

Saudi Arabia issues $5bn in dollar-denominated sukuk, says report

The kingdom is turning to the debt market to find alternative funding sources to cover an anticipated fiscal shortfall of about $21bn this year

Saudi PIF-backed SRC extends refinancing with ANB

Deal marks the second refinancing agreement between the mortgage finance giant and the bank

Private aviation soars in Saudi Arabia as more businesses take to the skies

Sector set to grow at compounded annual growth rate of 8.88 percent between 2025 and 2029

UAE, Saudi Arabia lead MENA with green bonds issuance of $15.4bln in 2023

Sub-Saharan Africa green bond issuances surge by 125% last year, says IFC-Amundi report

Saudi fintech firm Rasan’s $224m IPO oversubscribed 129.1 times

The company priced its IPO at the top of the previously announced range, selling its shares at SAR37 per share apiece to raise SAR841m

ANB approves 33.33% capital hike to SAR 20B, 5M share buyback

In addition, shareholders greenlit the repurchase of up to 5 million shares to allocate them for the employee stock option.

Apex Group expands across the Middle East with new Kingdom of Saudi Arabia office

Apex Group has much experience within the market, having served many Saudi clients from its regional offices within the Middle East region.

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