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

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.

MENA ECM deals plunge 91% in Q1 amid weak deal flow - LSEG

The number of deals dropped 69% YoY, with only five transactions completed during the first three months of the year

Qatar’s banking assets touch QR2.17tn in February: QNBFS

The banks' loan book remained flat at QR1.46tn, while deposits were up 1.6% to QR1.06tn in February 2026.

Saudi PIF assets surge six-fold to $900bln

Strong asset growth over 10-year period driven by significant domestic investments

Dubai Holding Real Estate and Emirates NBD partner to introduce integrated off-plan mortgage financing

Across Meraas, Nakheel and Dubai Properties

Dollar GCC ESG sukuk issuance stalls over geopolitical tensions

Saudi Arabia dominated overall ESG sukuk activity in Q1, accounting for 61% of issuance

UAE and Philippines to develop digital currencies and link payment systems

Central banks sign agreement focused on FinTech and boosting economic ties

Closing Bell: Saudi main index closes in green, up 1%

The best-performing stock was Arabian Internet and Communications Services Co., with its share price surging by 9.97 percent to SR219.40.

QIC wins Digital Insurer of the Year and Best Insurance App in Qatar

Accolades at The Asset Triple A Digital Finance Awards 2026

DWTC Free Zone ties up with Wio to speed up business banking

New partnership aims to simplify account opening and support business growth

ADX listed companies' profits grow 17% to $54.46bln in 2025

In 2025, ADX-listed companies distributed close to 74 billion dirhams in dividends to its shareholders and investors

ADX leads listed companies at Global Investors Roadshow in Hong Kong

Hong Kong will be the ADX’s first international stop for 2026, connecting international capital with the high-growth opportunities emerging from the UAE’s capital.

Knight Frank: US$ 6.3bln of private global capital could reap rewards of taking a long-term view on Saudi real estate

Strong structural demand holds prospect of medium-term growth after current disruption abates

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