Managers of Wealth - Middle East http://middleeast.managersofwealth.com/ Mon, 23 Jun 2025 23:26:13 BST part of MediaG8way Group http://middleeast.managersofwealth.com/ http://middleeast.managersofwealth.com/assets/images/logo.png Managers of Wealth - Middle East KohanaPHP Farzad Billimoria to join Barclays as Head of Private Bank for the UAE News Team Friday, June 20, 2025 1:00 am http://middleeast.managersofwealth.com/article/49864/farzad-billimoria-to-join-barclays-as-head-of-private-bank-for-the-uae Farzad Billimoria appointed to lead and accelerate PB’s growth ambitions in the UAE On the Move UBS GWM names new Dubai-based NRI head News Aggregation Team Friday, June 20, 2025 1:00 am http://middleeast.managersofwealth.com/article/49863/ubs-gwm-names-new-dubai-based-nri-head The bank's new NRI head will oversee the increasingly important corridor between Asia and the Middle East. On the Move Citi organizational announcement: Head of payments for Middle East and Africa News Team Wednesday, June 18, 2025 1:00 am http://middleeast.managersofwealth.com/article/49847/citi-organizational-announcement-head-of-payments-for-middle-east-and-africa He will be responsible for delivering Citi’s MEA payments priorities and seamlessly executing Citi’s global payments strategy in the cluster. On the Move JP Morgan AM appoints head of Mideast asset management News Aggregation Team Tuesday, June 17, 2025 1:00 am http://middleeast.managersofwealth.com/article/49839/jp-morgan-am-appoints-head-of-mideast-asset-management In his new role, Kurzo will report directly to Patrick Thomson, CEO for EMEA at JP Morgan Asset Management. On the Move KPMG appoints seven new partners in the Middle East News Aggregation Team Tuesday, June 17, 2025 1:00 am http://middleeast.managersofwealth.com/article/49845/kpmg-appoints-seven-new-partners-in-the-middle-east KPMG’s commitment to the Middle East has never been stronger. On the Move Nomura IWM Dubai reshuffles senior leadership News Team Monday, June 16, 2025 1:00 am http://middleeast.managersofwealth.com/article/49834/nomura-iwm-dubai-reshuffles-senior-leadership The Japanese lender moved to a larger office in Dubai to accommodate more people to strengthen its regional presence. On the Move QFC appoints new Director of Human Capital News Aggregation Team Thursday, June 12, 2025 1:00 am http://middleeast.managersofwealth.com/article/49822/qfc-appoints-new-director-of-human-capital He is also recognised for leveraging advanced HR technologies to drive operational efficiency and impact. On the Move Egypt’s Contact Financial names John Saad CEO, Said Zater becomes vice-chairperson News Aggregation Team Wednesday, June 11, 2025 1:00 am http://middleeast.managersofwealth.com/article/49814/egyptamprsquos-contact-financial-names-john-saad-ceo-said-zater-becomes-vice-chairperson The leadership transition comes as the non-banking financial services provider reported that its total financing portfolio surpassed 21 billion Egyptian pounds for the 2024 financial year. On the Move Deutsche Bank appoints Majed Julfar as Head of Corporate Coverage Middle East & Africa and Chief Country Officer for the UAE News Team Tuesday, June 10, 2025 1:00 am http://middleeast.managersofwealth.com/article/49801/deutsche-bank-appoints-majed-julfar-as-head-of-corporate-coverage-middle-east-ampamp-africa-and-chief-country-officer-for-the-uae Based in Dubai, Julfar will lead Deutsche Bank’s Corporate Bank client Coverage strategy across the region On the Move The DFSA appoints Juma Thani Alhameli as new Chief Operating Officer News Team Thursday, June 05, 2025 1:00 am http://middleeast.managersofwealth.com/article/49780/the-dfsa-appoints-juma-thani-alhameli-as-new-chief-operating-officer Juma holds a Bachelor of Science in Computer Engineering from Khalifa University, Sharjah, UAE On the Move Oman to introduce 5% income tax on high earners from 2028 News Aggregation Team Monday, June 23, 2025 1:00 am http://middleeast.managersofwealth.com/article/49875/oman-to-introduce-5-income-tax-on-high-earners-from-2028 The new tax regime aims to broaden revenue streams while ensuring that most citizens remain unaffected Legal, Tax, Regulation & Compliance UAE’s central bank maintains base rate at 4.40% News Aggregation Team Friday, June 20, 2025 1:00 am http://middleeast.managersofwealth.com/article/49866/uaeamprsquos-central-bank-maintains-base-rate-at-440 This decision was taken following the US Fed’s decision to maintain the interest rate on reserve balances Legal, Tax, Regulation & Compliance Türkiye's central bank weighs rate cut as inflation softens: analysts News Aggregation Team Friday, June 13, 2025 1:00 am http://middleeast.managersofwealth.com/article/49829/tampuumlrkiyeamp039s-central-bank-weighs-rate-cut-as-inflation-softens-analysts Türkiye's central bank expects annual inflation to decline to 24 percent at the end of this year and 12 percent by the end of 2026 Legal, Tax, Regulation & Compliance Ajman Bank signs partnership with Azimut Group to offer investment advisory and opportunities to its clients News Team Wednesday, June 11, 2025 1:00 am http://middleeast.managersofwealth.com/article/49811/ajman-bank-signs-partnership-with-azimut-group-to-offer-investment-advisory-and-opportunities-to-its-clients The agreement brings together Ajman Bank’s growing wealth platform with Azimut’s international investment expertise Legal, Tax, Regulation & Compliance ADGM FSRA implements amendments to its Digital Asset Regulatory Framework News Team Wednesday, June 11, 2025 1:00 am http://middleeast.managersofwealth.com/article/49813/adgm-fsra-implements-amendments-to-its-digital-asset-regulatory-framework To streamline the process by which Virtual Assets are accepted for use within ADGM Legal, Tax, Regulation & Compliance Kuwait to cut off utilities for unpaid bills under new law to curb debt evasion News Aggregation Team Tuesday, June 10, 2025 1:00 am http://middleeast.managersofwealth.com/article/49804/kuwait-to-cut-off-utilities-for-unpaid-bills-under-new-law-to-curb-debt-evasion Residents given 30 days to pay or lose water, electricity under tough new decree Legal, Tax, Regulation & Compliance Qatar Central Bank's foreign reserves grow 3.60% in May 2025 News Aggregation Team Monday, June 09, 2025 1:00 am http://middleeast.managersofwealth.com/article/49797/qatar-central-bankamp039s-foreign-reserves-grow-360-in-may-2025 According to figures released by QCB, its official reserves rose by $2.39bln, or 4.57%, year-on-year Legal, Tax, Regulation & Compliance United Arab Bank launches strategic Rights Issue to raise up to $280.4mln News Aggregation Team Wednesday, June 04, 2025 1:00 am http://middleeast.managersofwealth.com/article/49773/united-arab-bank-launches-strategic-rights-issue-to-raise-up-to-2804mln The New Shares will be issued at an issue price of AED1 per New Share (the "Issue Price") Legal, Tax, Regulation & Compliance Central Bank of Bahrain signs MoU with National Bank of the Kyrgyz Republic News Team Tuesday, June 03, 2025 1:00 am http://middleeast.managersofwealth.com/article/49764/central-bank-of-bahrain-signs-mou-with-national-bank-of-the-kyrgyz-republic The MoU was signed by HE Khalid Humaidan, Governor of the Central Bank of Bahrain, and HE Melis Turgunbaev, Chairman of the National Bank of the Kyrgyz Republic Legal, Tax, Regulation & Compliance Bahrain Bourse announces election of Yousif Abdullah Al Yousif as Chairman of the Board during first meeting held following the board reformation News Team Tuesday, June 03, 2025 1:00 am http://middleeast.managersofwealth.com/article/49765/bahrain-bourse-announces-election-of-yousif-abdullah-al-yousif-as-chairman-of-the-board-during-first-meeting-held-following-the-board-reformation Yousif Abdullah Ali Reza was also elected as Vice Chairman, and the Board Committees were formed in accordance with the Corporate Governance Code of Bahrain Bourse Legal, Tax, Regulation & Compliance First Abu Dhabi Bank becomes First MENA Bank to join CIPS as direct participant News Team Friday, June 20, 2025 1:00 am http://middleeast.managersofwealth.com/article/49869/first-abu-dhabi-bank-becomes-first-mena-bank-to-join-cips-as-direct-participant Strengthening its regional cash management and clearing capabilities Retail Banking CBB Governor participates in HSBC GCC exchanges 2025 Conference News Team Thursday, June 19, 2025 1:00 am http://middleeast.managersofwealth.com/article/49856/cbb-governor-participates-in-hsbc-gcc-exchanges-2025-conference The event brings together representatives from GCC exchanges, alongside a number of international officials and investors Retail Banking Arab Bank receives ‘Best Bank in the Middle East 2025’ award News Aggregation Team Thursday, June 19, 2025 1:00 am http://middleeast.managersofwealth.com/article/49861/arab-bank-receives-amplsquobest-bank-in-the-middle-east-2025amprsquo-award Global Finance Awards cover more than 150 countries Retail Banking Weyay Bank offers exclusive KNPC cashback for SELECT cardholders News Team Wednesday, June 18, 2025 1:00 am http://middleeast.managersofwealth.com/article/49848/weyay-bank-offers-exclusive-knpc-cashback-for-select-cardholders It also reflects the Bank's dedication to offering innovative digital banking solutions that seamlessly integrate with the dynamic lifestyles of Kuwaiti youth Retail Banking Gulf Bank empowers female employees with Monthly Women of Wisdom sessions highlighting leadership and professional growth News Team Wednesday, June 18, 2025 1:00 am http://middleeast.managersofwealth.com/article/49849/gulf-bank-empowers-female-employees-with-monthly-women-of-wisdom-sessions-highlighting-leadership-and-professional-growth Drawing from her rich experience in the banking and education sectors, Ms. Al-Tawari sparked meaningful conversations on how to thrive during the early stages of one’s career Retail Banking Fitch affirms Commercial Bank’s rating at ‘A’ with stable outlook News Aggregation Team Wednesday, June 18, 2025 1:00 am http://middleeast.managersofwealth.com/article/49854/fitch-affirms-commercial-bankamprsquos-rating-at-amplsquoaamprsquo-with-stable-outlook With Fitch’s rating in place, Commercial Bank continues to enjoy strong credit ratings across all major agencies. Retail Banking Strengthening financial access in key industrial areas: ahlibank opens Rusayl branch News Team Tuesday, June 17, 2025 1:00 am http://middleeast.managersofwealth.com/article/49842/strengthening-financial-access-in-key-industrial-areas-ahlibank-opens-rusayl-branch As part of a wider network expansion initiative, the Rusayl branch reinforces ahlibank’s mandate to serve high-potential locations while further advancing the bank’s customer-centric growth trajectory Retail Banking Commercial Bank gets 'Best Mobile Banking App' award from International Finance News Aggregation Team Monday, June 16, 2025 1:00 am http://middleeast.managersofwealth.com/article/49832/commercial-bank-gets-amp039best-mobile-banking-appamp039-award-from-international-finance The CBQ Mobile App is a standout example of the bank’s core values; innovation, accessibility, and a strong focus on user experience. Retail Banking Qatar bank issues $750m five-year sukuk News Aggregation Team Friday, June 13, 2025 1:00 am http://middleeast.managersofwealth.com/article/49830/qatar-bank-issues-750m-five-year-sukuk Qatar Islamic Bank taps debt markets with new sukuk issuance Retail Banking Sohar International receives prestigious ‘CX Team of the Year’ award for innovation and impact News Team Wednesday, June 11, 2025 1:00 am http://middleeast.managersofwealth.com/article/49809/sohar-international-receives-prestigious-amplsquocx-team-of-the-yearamprsquo-award-for-innovation-and-impact Underscores Sohar International’s unwavering dedication to enhancing the customer experience through a progressive approach Retail Banking Union Insurance reduces capital by 30.5% to offset accumulated losses News Aggregation Team Monday, June 23, 2025 1:00 am http://middleeast.managersofwealth.com/article/49873/union-insurance-reduces-capital-by-305-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. Alternative Investments MSX, Estidama highlight startups incentive programme, business market in Dhofar News Team Thursday, June 19, 2025 1:00 am http://middleeast.managersofwealth.com/article/49855/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). Alternative Investments Why are central banks doubling down on gold reserves? News Aggregation Team Thursday, June 19, 2025 1:00 am http://middleeast.managersofwealth.com/article/49859/why-are-central-banks-doubling-down-on-gold-reserves WGC says central banks see gold as a shield against rising geopolitical and economic risks Alternative Investments Kinetic Consulting expands Customer Experience portfolio with new partnerships News Aggregation Team Wednesday, June 18, 2025 1:00 am http://middleeast.managersofwealth.com/article/49851/kinetic-consulting-expands-customer-experience-portfolio-with-new-partnerships In building this offering, we sought the very best talented teams to join us in serving our clients in the GCC marketplace. Alternative Investments QSE displays resilience as index surges 177 points; M-cap adds QR12bn News Aggregation Team Tuesday, June 17, 2025 1:00 am http://middleeast.managersofwealth.com/article/49841/qse-displays-resilience-as-index-surges-177-points-m-cap-adds-qr12bn The Arab individuals turned net buyers in the main market Alternative Investments As Dubai gold rate sticks to record high, should investors switch to banks' 'gold accounts'? News Aggregation Team Monday, June 16, 2025 1:00 am http://middleeast.managersofwealth.com/article/49835/as-dubai-gold-rate-sticks-to-record-high-should-investors-switch-to-banksamp039-amp039gold-accountsamp039 So, there is a direct contest for investors’ funds that banks believe would otherwise have gone into buying gold jewellery. Alternative Investments Saudi National Bank to issue USD-denominated tier 2 capital notes News Aggregation Team Friday, June 13, 2025 1:00 am http://middleeast.managersofwealth.com/article/49825/saudi-national-bank-to-issue-usd-denominated-tier-2-capital-notes The notes will be issued under its Euro medium Term Note programme Alternative Investments GFH Financial Group denies plans to merge with Dubai’s Shuaa Capital News Aggregation Team Friday, June 13, 2025 1:00 am http://middleeast.managersofwealth.com/article/49826/gfh-financial-group-denies-plans-to-merge-with-dubaiamprsquos-shuaa-capital Company says it has not entered into any merger talks, agreement with Shuaa Alternative Investments Azizi Developments’ Azizi Grand reaches 35% construction milestone News Team Friday, June 13, 2025 1:00 am http://middleeast.managersofwealth.com/article/49827/azizi-developmentsamprsquo-azizi-grand-reaches-35-construction-milestone The building’s structure is 88% complete Alternative Investments Six far-reaching disruptions set stage for a retail renaissance in the next decade—Bain & Company News Team Thursday, June 12, 2025 1:00 am http://middleeast.managersofwealth.com/article/49821/six-far-reaching-disruptions-set-stage-for-a-retail-renaissance-in-the-next-decadeampmdashbain-ampamp-company Far-reaching disruptions in the global retail landscape are set to radically – and rapidly – transform the industry over the next decade Alternative Investments Hawksford shows commitment to UAE market through DMCC agreement News Team Monday, June 23, 2025 1:00 am http://middleeast.managersofwealth.com/article/49870/hawksford-shows-commitment-to-uae-market-through-dmcc-agreement Working closely with its well-established teams in the UK and Singapore, the agreement will also see Hawksford support greater trade flows across the UK-GCC-ASEAN corridor. Wealth & Asset Management Standard Chartered wins “Wealth Management Platform of the Year” award News Team Thursday, June 19, 2025 1:00 am http://middleeast.managersofwealth.com/article/49858/standard-chartered-wins-ampldquowealth-management-platform-of-the-yearamprdquo-award This recognition highlights the Bank's unwavering commitment to client success and its innovative approach to wealth management Wealth & Asset Management Dubai carves a niche with wealth managers News Aggregation Team Thursday, June 19, 2025 1:00 am http://middleeast.managersofwealth.com/article/49862/dubai-carves-a-niche-with-wealth-managers Dubai has become a playground for the global rich Wealth & Asset Management StanChart: UAE Becoming Important Wealth Contributor News Aggregation Team Tuesday, June 10, 2025 1:00 am http://middleeast.managersofwealth.com/article/49800/stanchart-uae-becoming-important-wealth-contributor In December last year, Standard Chartered announced its target of attracting $200 billion of net new money over the next five years for its wealth management unit. Wealth & Asset Management AI-Personalised Video Technology News Team Friday, June 06, 2025 1:00 am http://middleeast.managersofwealth.com/article/49785/ai-personalised-video-technology test Wealth & Asset Management Tim Denton of Habib Bank AG Zurich: The UAE’s Ascent as a Global Wealth Structuring Hub News Aggregation Team Tuesday, May 27, 2025 1:00 am http://middleeast.managersofwealth.com/article/49727/tim-denton-of-habib-bank-ag-zurich-the-uaeamprsquos-ascent-as-a-global-wealth-structuring-hub Tim opened his remarks by framing the discussion in the context of an increasingly transparent world. Wealth & Asset Management NBK Wealth Group relocates to its new London office News Team Wednesday, May 21, 2025 1:00 am http://middleeast.managersofwealth.com/article/49703/nbk-wealth-group-relocates-to-its-new-london-office The new office, situated within NBK’s London building, offers enhanced client meeting spaces and upgraded technological infrastructure. Wealth & Asset Management Standard Chartered: “Global Islamic Finance Assets to Surpass USD 7.5 Trillion by 2028” News Team Monday, May 19, 2025 1:00 am http://middleeast.managersofwealth.com/article/49695/standard-chartered-ampldquoglobal-islamic-finance-assets-to-surpass-usd-75-trillion-by-2028amprdquo 36% asset growth over next four years as Islamic Banking enters new phase Wealth & Asset Management Hoxton Wealth launches new app experience to empower financial control News Team Tuesday, May 13, 2025 1:00 am http://middleeast.managersofwealth.com/article/49661/hoxton-wealth-launches-new-app-experience-to-empower-financial-control Hoxton Wealth has launched two major upgrades to its fast-growing wealth app Wealth & Asset Management Doha emerges as leading wealth destination News Aggregation Team Tuesday, May 06, 2025 1:00 am http://middleeast.managersofwealth.com/article/49615/doha-emerges-as-leading-wealth-destination The report is the first of a three-part series looking at real estate markets in emerging wealth hubs in the GCC such as Riyadh and Jeddah. Wealth & Asset Management UAE employees outpace EMEA peers in cyber confidence and readiness, new Cohesity study reveals News Team Monday, June 23, 2025 1:00 am http://middleeast.managersofwealth.com/article/49871/uae-employees-outpace-emea-peers-in-cyber-confidence-and-readiness-new-cohesity-study-reveals 86% of UAE employees feel confident in identifying cyberattacks, but reporting gaps still exist FinTech How AI and microtools are empowering the next generation of Saudi entrepreneurs News Aggregation Team Friday, June 20, 2025 1:00 am http://middleeast.managersofwealth.com/article/49865/how-ai-and-microtools-are-empowering-the-next-generation-of-saudi-entrepreneurs Social media remains a key starting point, but surveys show long-term success depends on managing a dedicated digital presence FinTech EG Bank, Mastercard partner to boost digital payments in Egypt News Aggregation Team Wednesday, June 18, 2025 1:00 am http://middleeast.managersofwealth.com/article/49852/eg-bank-mastercard-partner-to-boost-digital-payments-in-egypt Our partnership with Mastercard is a pivotal milestone in our digital-first transformation journey. FinTech Saudi digital wallet tiqmo partners with MoneyGram News Aggregation Team Tuesday, June 17, 2025 1:00 am http://middleeast.managersofwealth.com/article/49840/saudi-digital-wallet-tiqmo-partners-with-moneygram This partnership reflects MoneyGram’s leadership in enabling digital cross-border payments and advancing financial inclusion across the region FinTech UAE deepens investment in social infrastructure amid population growth and strategic reforms News Team Tuesday, June 17, 2025 1:00 am http://middleeast.managersofwealth.com/article/49843/uae-deepens-investment-in-social-infrastructure-amid-population-growth-and-strategic-reforms The Middle East is set to see a 25% increase in social infrastructure project activity in the next two years FinTech Mindware expands Autodesk relationship to drive digital transformation in the Gulf and KSA News Team Monday, June 16, 2025 1:00 am http://middleeast.managersofwealth.com/article/49838/mindware-expands-autodesk-relationship-to-drive-digital-transformation-in-the-gulf-and-ksa Mindware will provide a comprehensive suite of value-added services, including partner enablement, technical support, consulting, and go-to-market strategies to drive Autodesk adoption FinTech Cisco Powers secure infrastructure for the AI Era News Team Thursday, June 12, 2025 1:00 am http://middleeast.managersofwealth.com/article/49820/cisco-powers-secure-infrastructure-for-the-ai-era Cisco is delivering the critical infrastructure for the AI era FinTech Cloud consultancy Zero&One expands into Saudi Arabia with Riyadh office News Aggregation Team Wednesday, June 11, 2025 1:00 am http://middleeast.managersofwealth.com/article/49815/cloud-consultancy-zeroampampone-expands-into-saudi-arabia-with-riyadh-office Saudi Arabia is investing heavily in technology and digital infrastructure FinTech 5G-Advanced: e& UAE sets new world record for connectivity News Aggregation Team Tuesday, June 10, 2025 1:00 am http://middleeast.managersofwealth.com/article/49803/5g-advanced-eampamp-uae-sets-new-world-record-for-connectivity By leveraging FR1 band aggregation and cutting-edge uplink technology, e& UAE has established a new global benchmark for 5G excellence FinTech Gulf News partners with Ektar Technologies to launch smart banking solutions for readers News Aggregation Team Friday, June 06, 2025 1:00 am http://middleeast.managersofwealth.com/article/49790/gulf-news-partners-with-ektar-technologies-to-launch-smart-banking-solutions-for-readers Visitors can seamlessly discover and apply for banking products via GulfNews.com FinTech ADIB participates in the “Midday Break” initiative in collaboration with the Ministry of Human Resources and Emiratisation News Team Thursday, June 19, 2025 1:00 am http://middleeast.managersofwealth.com/article/49857/adib-participates-in-the-ampldquomidday-breakamprdquo-initiative-in-collaboration-with-the-ministry-of-human-resources-and-emiratisation Initiative enforces a midday work ban to safeguard labourers during peak heat hours Islamic Finance Leonteq partners with Emirates Islamic on Shari’a products News Aggregation Team Monday, June 16, 2025 1:00 am http://middleeast.managersofwealth.com/article/49833/leonteq-partners-with-emirates-islamic-on-shariamprsquoa-products Swiss fintech firm Leonteq teams up with UAE’s Emirates Islamic to deliver bespoke Shari’a-compliant structured products. Islamic Finance Islamic finance assets up 4.1% in 2024, reaching QR683bn News Aggregation Team Wednesday, June 11, 2025 1:00 am http://middleeast.managersofwealth.com/article/49810/islamic-finance-assets-up-41-in-2024-reaching-qr683bn Islamic finance assets in the State of Qatar experienced a 4.1 percent growth in 2024, reaching QR683bn ($187bn). Islamic Finance Emirates Islamic to delist from DFM on June 10 News Aggregation Team Tuesday, June 10, 2025 1:00 am http://middleeast.managersofwealth.com/article/49807/emirates-islamic-to-delist-from-dfm-on-june-10 EIB has instructed DFM to suspend trading of its shares Islamic Finance Saudi National Bank issues 5-year riyal sukuk worth $461mln at 6% News Aggregation Team Monday, June 09, 2025 1:00 am http://middleeast.managersofwealth.com/article/49794/saudi-national-bank-issues-5-year-riyal-sukuk-worth-461mln-at-6 The 5-year perpetual sukuk will be used to boost its capital Islamic Finance Dubai Islamic Bank launches third cohort of Emirati Development Program News Aggregation Team Friday, June 06, 2025 1:00 am http://middleeast.managersofwealth.com/article/49791/dubai-islamic-bank-launches-third-cohort-of-emirati-development-program The bank has over 10,000 staff working across offices and branches across the UAE. Islamic Finance QIB Named Islamic Bank of the Year in the Middle East by The Banker News Team Wednesday, June 04, 2025 1:00 am http://middleeast.managersofwealth.com/article/49776/qib-named-islamic-bank-of-the-year-in-the-middle-east-by-the-banker The award comes as QIB continues to strengthen its position as one of the most efficient and digitally advanced Islamic banks in the region Islamic Finance Qatar Islamic Bank mandates for USD 5-year sukuk News Aggregation Team Tuesday, June 03, 2025 1:00 am http://middleeast.managersofwealth.com/article/49766/qatar-islamic-bank-mandates-for-usd-5-year-sukuk The sukuk will be issued by QIB Sukuk Ltd. under the $5bln trust certificate issuance programme Islamic Finance Islamic banking in Egypt surges to EGP 1.08trn in March 2025 News Aggregation Team Monday, June 02, 2025 1:00 am http://middleeast.managersofwealth.com/article/49758/islamic-banking-in-egypt-surges-to-egp-108trn-in-march-2025 The number of Islamic banking branches grew to 320 in March 2025 Islamic Finance Abu Dhabi's Mubadala sells $1bln in 10-year sukuk News Aggregation Team Thursday, May 29, 2025 1:00 am http://middleeast.managersofwealth.com/article/49745/abu-dhabiamp039s-mubadala-sells-1bln-in-10-year-sukuk Abu Dhabi Commercial Bank, First Abu Dhabi Bank , HSBC, JPMorgan and Mizuho are joint global coordinators for Mubadala's sukuk sale Islamic Finance UAE will attract more millionaires as Emirates remains safest country despite regional war News Aggregation Team Monday, June 23, 2025 1:00 am http://middleeast.managersofwealth.com/article/49874/uae-will-attract-more-millionaires-as-emirates-remains-safest-country-despite-regional-war After Russia, Ukraine, European and US migration, UAE will see the next wave of migration from the region, says migration expert Research, Comment and Analysis World Bank report lauds Oman's strong economic performance News Aggregation Team Monday, June 23, 2025 1:00 am http://middleeast.managersofwealth.com/article/49876/world-bank-report-lauds-omanamp039s-strong-economic-performance Additionally, Oman maintained low inflation at 0.6% in 2024, compared to the GCC average of 2%. Research, Comment and Analysis World’s largest password leak exposes 16 billion credentials News Aggregation Team Friday, June 20, 2025 1:00 am http://middleeast.managersofwealth.com/article/49868/worldamprsquos-largest-password-leak-exposes-16-billion-credentials Unprecedented breach threatens global digital security Research, Comment and Analysis Saudi Arabia ranks 17th globally in competitiveness index as it outshines economic heavyweights News Aggregation Team Thursday, June 19, 2025 1:00 am http://middleeast.managersofwealth.com/article/49860/saudi-arabia-ranks-17th-globally-in-competitiveness-index-as-it-outshines-economic-heavyweights Kingdom placed behind China in 16th and ahead of Australia in 18th place Research, Comment and Analysis S&P upgrades Alkhaleej Takaful Insurance credit rating to A- News Aggregation Team Wednesday, June 18, 2025 1:00 am http://middleeast.managersofwealth.com/article/49853/sampampp-upgrades-alkhaleej-takaful-insurance-credit-rating-to-a According to a statement published on the Qatar Stock Exchange website, the upgrade reflects the company’s strong operating performance, Research, Comment and Analysis UAE's Binghatti Launches Asset Management Unit With $1 Billion Target News Aggregation Team Tuesday, June 17, 2025 1:00 am http://middleeast.managersofwealth.com/article/49844/uaeamp039s-binghatti-launches-asset-management-unit-with-1-billion-target Binghatti Capital aims to attract institutional investors, high-net-worth individuals and family offices Research, Comment and Analysis PwC Legal celebrates recognition at Middle East Legal Awards 2025 News Aggregation Team Tuesday, June 17, 2025 1:00 am http://middleeast.managersofwealth.com/article/49846/pwc-legal-celebrates-recognition-at-middle-east-legal-awards-2025 Held for the second time this year, the Middle East Legal Awards 2025 shines a spotlight on the region’s top performing legal firms Research, Comment and Analysis GCC budget spending estimated at $542.1bln for 2025: GCC-STAT News Aggregation Team Monday, June 16, 2025 1:00 am http://middleeast.managersofwealth.com/article/49836/gcc-budget-spending-estimated-at-5421bln-for-2025-gcc-stat Government revenues are expected to remain relatively stable, as oil prices remain at moderate to high levels Research, Comment and Analysis Central banks navigate uncertainty, global risks, Trump's tariffs News Aggregation Team Monday, June 16, 2025 1:00 am http://middleeast.managersofwealth.com/article/49837/central-banks-navigate-uncertainty-global-risks-trumpamp039s-tariffs The U.S. central bank will lead the way and is likely to announce after the second day of its meeting on June 18 Research, Comment and Analysis Deloitte Middle East advances AI integration with launch of Global Agentic Network News Team Friday, June 13, 2025 1:00 am http://middleeast.managersofwealth.com/article/49828/deloitte-middle-east-advances-ai-integration-with-launch-of-global-agentic-network The strategic initiative advances AI-powered digital workforce solutions to drive intelligent automation, future-ready operations, and transformative growth across the region Research, Comment and Analysis Citi presses revival in banking after making gains, despite exits: IFR News Aggregation Team Friday, June 13, 2025 1:00 am http://middleeast.managersofwealth.com/article/49824/citi-presses-revival-in-banking-after-making-gains-despite-exits-ifr Citi has ranked fifth for global investment banking fees in each of the last 12 years, according to LSEG data, which shows its broad strength, but also a failure to challenge the top three Investment Bank Alvarez & Marsal released Q1 2025 UAE Banking Pulse News Team Thursday, June 12, 2025 1:00 am http://middleeast.managersofwealth.com/article/49816/alvarez-ampamp-marsal-released-q1-2025-uae-banking-pulse The report analyses the performance of the UAE’s 10 largest listed banks, showing a strong start to the year marked by enhanced cost efficiency, rising non-interest income, and renewed M&A activity. Investment Bank Deutsche Bank secures ADGM license, expanding presence in UAE News Aggregation Team Thursday, May 22, 2025 1:00 am http://middleeast.managersofwealth.com/article/49716/deutsche-bank-secures-adgm-license-expanding-presence-in-uae Jean-Pierre Habis has been appointed as a senior manager for the new ADGM branch Investment Bank Beltone Investment Banking concludes EGP500mln securitized bond issuance for Jameel Finance-Egypt News Team Monday, May 19, 2025 1:00 am http://middleeast.managersofwealth.com/article/49691/beltone-investment-banking-concludes-egp500mln-securitized-bond-issuance-for-jameel-finance-egypt This transaction reinforces Beltone’s position as a leader in Egypt’s debt capital markets Investment Bank Standard Chartered opens representative office in Morocco News Team Thursday, May 15, 2025 1:00 am http://middleeast.managersofwealth.com/article/49674/standard-chartered-opens-representative-office-in-morocco New office located at the Casablanca Finance City Investment Bank Al Masraf reports net profit of AED 231mln in 2024 News Team Friday, May 02, 2025 1:00 am http://middleeast.managersofwealth.com/article/49600/al-masraf-reports-net-profit-of-aed-231mln-in-2024 Representing an Increase of 22% Investment Bank SICO named best investment bank in Bahrain News Team Tuesday, April 15, 2025 1:00 am http://middleeast.managersofwealth.com/article/49517/sico-named-best-investment-bank-in-bahrain For sixth consecutive year Investment Bank Dubai's Mashreq to work with Goldman Sachs to cater for rich clients News Aggregation Team Friday, April 11, 2025 1:00 am http://middleeast.managersofwealth.com/article/49498/dubaiamp039s-mashreq-to-work-with-goldman-sachs-to-cater-for-rich-clients Our strategic collaboration with Goldman Sachs represents a pivotal milestone in institutionalising our investment platform Investment Bank UAE Bank Investments Jump 16% To $202B In January News Aggregation Team Friday, April 11, 2025 1:00 am http://middleeast.managersofwealth.com/article/49506/uae-bank-investments-jump-16-to-202b-in-january Held-to-maturity bonds also grew 7.9% annually to $91.4 billion (AED 335.7 billion), although they saw a slight 1.1% dip compared to the previous month. Investment Bank UAE banks investments reach $202bln by end of January News Aggregation Team Thursday, April 10, 2025 1:00 am http://middleeast.managersofwealth.com/article/49491/uae-banks-investments-reach-202bln-by-end-of-january Banks' investments in equities grew by 19.4 percent year-on-year Investment Bank Qatar-based GAB becomes the first accreditation body from the MENA region to sign APAC's MRA for GHG Accreditation News Team Monday, June 23, 2025 1:00 am http://middleeast.managersofwealth.com/article/49872/qatar-based-gab-becomes-the-first-accreditation-body-from-the-mena-region-to-sign-apacamp039s-mra-for-ghg-accreditation Positions GAB as a key enabler in the MENA region for climate accountability and sustainability practices aligned with international standards Planet SOS NBK wins best bank for sustainable finance in Kuwait by Global Finance News Team Thursday, June 12, 2025 1:00 am http://middleeast.managersofwealth.com/article/49818/nbk-wins-best-bank-for-sustainable-finance-in-kuwait-by-global-finance Affirming its ESG leadership in Kuwait’s banking sector Planet SOS Gulf Bank completes sustainability governance infrastructure News Team Wednesday, January 22, 2025 12:00 am http://middleeast.managersofwealth.com/article/49086/gulf-bank-completes-sustainability-governance-infrastructure Reinforcing its environmental and social commitments Planet SOS Ahlibank reaffirms its Commitment to sustainability through the installation of solar energy systems at its headquarters News Team Tuesday, December 31, 2024 12:00 am http://middleeast.managersofwealth.com/article/48977/ahlibank-reaffirms-its-commitment-to-sustainability-through-the-installation-of-solar-energy-systems-at-its-headquarters This initiative is a milestone in the bank’s efforts to further its Environmental, Social, and Governance (ESG) objectives Planet SOS MENA’s transformative role in climate adaptation News Aggregation Team Friday, December 27, 2024 12:00 am http://middleeast.managersofwealth.com/article/48961/menaamprsquos-transformative-role-in-climate-adaptation This would translate to summer heat in parts of Algeria, Saudi Arabia and Iraq intensifying by up to 8 C by 2100, highlighting the dire implications of inaction for one of the world’s hottest regions. Planet SOS Arab co-operation in energy sector discussed News Aggregation Team Thursday, December 19, 2024 12:00 am http://middleeast.managersofwealth.com/article/48923/arab-co-operation-in-energy-sector-discussed The discussion highlighted the strong ties between Kuwait and the Arab countries represented in OAPEC Planet SOS United Arab Bank & Canon to deliver impactful carbon compensation for business printing in UAE News Team Friday, December 13, 2024 12:00 am http://middleeast.managersofwealth.com/article/48892/united-arab-bank-ampamp-canon-to-deliver-impactful-carbon-compensation-for-business-printing-in-uae Collaboration introduces Canon's first climate project contribution program in the UAE Planet SOS Sustainability Forum Middle East welcomes Boston Consulting Group as a Forum Partner for its third edition News Team Thursday, December 12, 2024 12:00 am http://middleeast.managersofwealth.com/article/48891/sustainability-forum-middle-east-welcomes-boston-consulting-group-as-a-forum-partner-for-its-third-edition The Forum, which is set to attract over 400 regional business leaders, policymakers, and sustainability experts Planet SOS Ministry of Climate Change and Environment prepares to launch framework for Extended Producer Responsibility (EPR) in the UAE News Team Monday, December 09, 2024 12:00 am http://middleeast.managersofwealth.com/article/48861/ministry-of-climate-change-and-environment-prepares-to-launch-framework-for-extended-producer-responsibility-epr-in-the-uae With the aim of advancing integrated waste management and boosting the circular economy Planet SOS Saudi Arabia launches national sustainability committee News Aggregation Team Monday, December 09, 2024 12:00 am http://middleeast.managersofwealth.com/article/48865/saudi-arabia-launches-national-sustainability-committee The Kingdom shares the environmental challenges witnessed in many other countries Planet SOS