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

Abu Dhabi’s Reem Finance gets digital bank license

Reem Bank is part of Judan Financial Holding

Capital Group announces plans to open first office in the Middle East

The new Abu Dhabi presence will include investment, operational, and client-facing capabilities, reinforcing Capital Group’s long-term commitment to clients and the region

Apex Group and Truleum Venture Partners announce DFSA-Regulated Tokenized Fund Launch in DIFC

Truleum Fund I LP has been designed to combine institutional-grade governance standards with digital issuance architecture.

Saudi EXIM Bank signs reinsurance agreement with its US counterpart

The agreement was signed on the sidelines of the 92nd annual conference of the Export-Import Bank of the US, held in Washington from April 29 to 30.

BankDhofar Collaborates with Riyada to Support Entrepreneurship in Oman

The agreement seeks to enhance cooperation between the two parties in areas such as financing, facilitating SMEs’ access to banking services, and developing joint programmes and initiatives that empower entrepreneurs, foster innovation, and stimulat

Qatar Financial Centre introduces targeted measures to ensure business continuity

These measures form part of the national package introduced by Qatar to support the business community in navigating current operational and financial challenges

Qatar implements targeted relief measures to support business community

These measures, delivered through the nation’s foreign direct investment ecosystem, provide immediate financial, regulatory and operational relief to Qatar’s international business community

QNB participates in landmark financing to develop the Middle East’s largest single sustainable aviation fuel facility

Reinforces commitment to financing the energy transition

Aramco named Middle East’s most valuable brand for 7th year

This comes as the energy firm maintains strong investment-grade credit ratings from major agencies

Egypt works to open investment avenues for Czech pension funds: Minister

Farid said the talks reflect the depth of the strategic relationship between Cairo and Prague

Saudi Arabia drives GCC bond market with $32bn in issuances: Markaz

The entire GCC region witnessed $55.04 billion in primary issuances through 95 deals during the first quarter, representing a 5.64 percent rise compared to the same period a year earlier.

Iraq ranks among top global central bank gold buyers since 2020

Data from the World Bank for March 2026 showed Iraq ranked third among Arab countries

IFC board to vote on $100mln loan for hotel overlooking Grand Egyptian Museum

The loan, if approved, is expected to be extended to Marygo Hospitality BV

Markaz Report: GCC Fixed Income market sees $55.04bln in primary issuances during Q1 2026, representing a 5.64% increase

Kuwaiti issuances recorded a 41% increase when compared to the same quarter last year, to a total value of USD 1.98 billion through 3 issuances

Al Salam Bank sells its stake in Gulf African Bank

Al Salam Bank reported record profitability for the fiscal year ending 31 December 2025

ADX adds FAB as General Clearing Member

FAB joins a growing network of GCMs strengthening ADX’s clearing framework and enhancing access to Abu Dhabi’s capital markets

Allianz Trade expects the Middle East conflict to lead to +15,000 global business insolvencies over 2026-2027

Global business insolvencies should rise by +6% in 2026. While a moderate decline was expected in 2027, they should eventually stabilize at high levels

NBB joins forces with BLME to provide UK property loans

A shariah-compliant bank based in London, BLME focuses on key business areas such as wealth management solutions, real estate finance and savings products

Kuwait-based OJO Group’s ARC Advisory strengthens regional footprint through strategic collaboration with Sarat Investments Holdings

$350 million in live projects underway across Saudi Arabia, expected to conclude by end of 2026

Saudi Arabia backs stronger global action on illicit finance: SAMA governor

His remarks echo the ministerial consensus that illicit finance undermines economic growth, security, and institutional integrity.

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