http://middleeast.managersofwealth.com/ Sat, 27 Jul 2024 04:29:04 BST part of MediaG8way Group http://middleeast.managersofwealth.com/ http://middleeast.managersofwealth.com/assets/images/logo.png KohanaPHP News Team Thursday, July 25, 2024 1:00 am http://middleeast.managersofwealth.com/article/48130/emirates-family-office-association-confirms-new-board-of-directors Stellar appointments include several of MENA’s most well-known business figures a major endorsement of EFOA’s vision and strategy On the Move News Team Wednesday, July 24, 2024 1:00 am http://middleeast.managersofwealth.com/article/48126/fahad-alsaif-appointed-head-of-pifamprsquos-investment-strategy-ampamp-economic-insights-division Fahad will be responsible for guiding the development of PIF's overarching investment strategy, as well as market trends, sustainability and net zero strategies On the Move News Aggregation Team Monday, July 22, 2024 1:00 am http://middleeast.managersofwealth.com/article/48104/rise-appoints-richard-arrowsmith-as-sales-director Arrowsmith joins the practice from Damac Properties, where he led the commercial program for the Trump International Golf asset in Dubai. On the Move News Aggregation Team Monday, July 22, 2024 1:00 am http://middleeast.managersofwealth.com/article/48105/knight-frank-appoints-christopher-payne-as-chief-economist Christopher Payne brings around 30 years of expertise in economic analysis, real estate, and financial markets, strengthening Knight Frank’s team that delivers economic insights to clients across the region. On the Move News Aggregation Team Friday, July 19, 2024 1:00 am http://middleeast.managersofwealth.com/article/48093/indosuez-bolsters-gcc-presence-with-hires-and-unique-asset-management-services Two senior hires boost Indosuez WM UAE private banking division, while the DIFC welcomes new External Asset Management services. On the Move News Aggregation Team Wednesday, July 10, 2024 1:00 am http://middleeast.managersofwealth.com/article/48038/nomura-nabs-senior-bnp-banker-in-dubai Jamliee was at the French private bank for five years On the Move News Team Tuesday, July 09, 2024 1:00 am http://middleeast.managersofwealth.com/article/48033/knight-frank-mena-strengthens-research-team-with-new-chief-economist-dr-christopher-payne Payne holds a PhD from The London School of Economics and Political Science On the Move News Team Tuesday, July 09, 2024 1:00 am http://middleeast.managersofwealth.com/article/48034/first-abu-dhabi-bank-appoints-dr-salim-al-ali-as-chairman-of-internal-shariamprsquoah-supervision-committee Dr Al-Ali’s appointment follows a thorough approval process by the UAE Central Bank’s Higher Shariah Authority On the Move News Team Monday, July 08, 2024 1:00 am http://middleeast.managersofwealth.com/article/48023/paola-papanicolaou-is-the-new-head-of-intesa-sanpaoloamprsquos-international-subsidiary-banks-division Intesa Sanpaolo establishes ‘Synergies Acceleration Task Force For The International Subsidiary Banks’ On the Move News Aggregation Team Friday, July 05, 2024 1:00 am http://middleeast.managersofwealth.com/article/48012/ey-appoints-silver-jubilee-yasmeen-muhtaseb-as-new-coo Muhtaseb will oversee EY’s business operations and operationally lead a team of around 9,000 staff in circa 20 countries. On the Move News Aggregation Team Friday, July 26, 2024 1:00 am http://middleeast.managersofwealth.com/article/48139/rop-beware-of-new-fraudulent-scheme-impersonating-central-bank-of-oman The ROP emphasizes the importance of staying vigilant and safeguarding personal and financial information. Legal, Tax, Regulation & Compliance News Team Monday, July 22, 2024 1:00 am http://middleeast.managersofwealth.com/article/48101/walkers-advised-saudiamp039s-drilling-firm-ades-holding-company ADES has upsized its existing syndicate facility through a standby term tranche of US$2.7 billion and a revolving credit facility tranche of US$300 million. Legal, Tax, Regulation & Compliance News Team Friday, July 19, 2024 1:00 am http://middleeast.managersofwealth.com/article/48094/alvarez-ampamp-marsal-tax-boosts-investment-in-technology-compliance-ampamp-indirect-tax-expertise-across-emea-with-two-senior-hires Managing Directors Simon Baxter and Pierre Arman bring more than five decades’ experience of indirect tax between them Legal, Tax, Regulation & Compliance News Aggregation Team Thursday, July 18, 2024 1:00 am http://middleeast.managersofwealth.com/article/48088/uae-and-indonesia-strengthen-ties-during-high-level-meet-in-abu-dhabi President Widodo was awarded the Order of Zayed, the UAE’s highest civilian honour, during a ceremony at Qasr Al Watan in Abu Dhabi Legal, Tax, Regulation & Compliance News Aggregation Team Wednesday, July 17, 2024 1:00 am http://middleeast.managersofwealth.com/article/48083/egypt-central-bank-seen-leaving-interest-rates-unchanged The CBE kept rates steady at its last meeting on May 23 Legal, Tax, Regulation & Compliance News Team Wednesday, July 17, 2024 1:00 am http://middleeast.managersofwealth.com/article/48084/uae-signs-817m-currency-swap-agreement-with-ethiopia Banking regulators of both countries ink initial deals to boost cross-border transactions and link their payment and messaging systems Legal, Tax, Regulation & Compliance News Aggregation Team Monday, July 15, 2024 1:00 am http://middleeast.managersofwealth.com/article/48060/kuwait-enacts-law-to-enhance-tax-transparency This includes both automatic information exchange and responding to requests from the Ministry of Finance within 21 days. Legal, Tax, Regulation & Compliance News Team Monday, July 15, 2024 1:00 am http://middleeast.managersofwealth.com/article/48063/difc-courts-records-strong-uptake-of-services-in-first-six-months-of-2024 Increase of 10% in the total number of cases filed with the Court of First Instance Legal, Tax, Regulation & Compliance News Aggregation Team Monday, July 15, 2024 1:00 am http://middleeast.managersofwealth.com/article/48064/saudi-cenbank-launches-government-banking-services-platform It aims to digitize the financial operations services of government agencies on their accounts Legal, Tax, Regulation & Compliance News Aggregation Team Friday, July 12, 2024 1:00 am http://middleeast.managersofwealth.com/article/48057/turkey-is-on-verge-of-disinflation-top-two-economic-policymakers-say The central bank has lifted its main rate to 50%, from 8.5% in June when Simsek was appointed, and has pledged to be patient with its tight policy. Legal, Tax, Regulation & Compliance News Aggregation Team Friday, July 26, 2024 1:00 am http://middleeast.managersofwealth.com/article/48133/sab-hsbc-forge-strategic-partnership-to-drive-financial-innovation-in-the-kingdom This strategic alliance comes as Saudi Arabia aspires to become a hub for financial innovation through Vision 2030. Retail Banking News Team Friday, July 26, 2024 1:00 am http://middleeast.managersofwealth.com/article/48138/united-arab-bank-pre-tax-net-profit-up-by-26-for-the-first-half-of-2024 Total assets reported at AED 19.8 billion for H1 2024 representing a growth of 12% compared to December 2023. This is driven by the 12% growth in loans, advances, and Islamic financing Retail Banking News Aggregation Team Friday, July 26, 2024 1:00 am http://middleeast.managersofwealth.com/article/48135/riyad-bank-introduces-first-ai-center-in-saudi-banking-industry The center will offer a cutting-edge environment for AI-driven research, innovation, and analysis. Retail Banking News Team Thursday, July 25, 2024 1:00 am http://middleeast.managersofwealth.com/article/48119/mohammad-saleh-marafie-wins-kd-1mln-from-gulf-bank AlDanah account's 22nd millionaire Retail Banking News Team Thursday, July 25, 2024 1:00 am http://middleeast.managersofwealth.com/article/48131/fab-achieves-h1-2024-group-net-profit-of-aed-84bln-revenue-of-aed-157bln Diversified growth continued across businesses, geographies and sources of income, including 30% yoy growth in international revenue Retail Banking News Aggregation Team Wednesday, July 24, 2024 1:00 am http://middleeast.managersofwealth.com/article/48113/qnb-wins-amp039best-retail-bank-for-digital-customer-experienceamp039-award-in-qatar-middle-east The Digital Banker has recognised QNB's outstanding efforts in enhancing the digital banking experience for its customers. Retail Banking News Team Wednesday, July 24, 2024 1:00 am http://middleeast.managersofwealth.com/article/48121/lesha-bank-reports-a-net-profit-of-qar-541mln-for-the-first-half-of-2024 The Bank reported a net profit of QAR 54.1 million attributable to the equity holders of the Bank, a 21% growth compared to the corresponding period of last year Retail Banking News Team Wednesday, July 24, 2024 1:00 am http://middleeast.managersofwealth.com/article/48122/egyptamp039s-banknbox-join-forces-with-csc-jordan-to-drive-financial-inclusion The partnership aims to drive financial inclusion and offer joint advanced services to customers of both companies, through the extension of diverse banking solutions and innovative payment services. Retail Banking News Team Wednesday, July 24, 2024 1:00 am http://middleeast.managersofwealth.com/article/48123/nbk-calls-to-verify-individual-and-corporate-identities-before-sharing-sensitive-information-or-making-transactions As part of its ongoing efforts to promote the “Let’s Be Aware” campaign Retail Banking News Aggregation Team Wednesday, July 24, 2024 1:00 am http://middleeast.managersofwealth.com/article/48124/kib-groupamprsquos-net-profits-during-h1-2024-reach-kd-12-million During this period, KIB achieved KD 12 million of net profit attributable to shareholders, (i.e. 103% growth) with earnings per share (EPS) standing at 5.99 fils. Retail Banking News Team Friday, July 26, 2024 1:00 am http://middleeast.managersofwealth.com/article/48132/mashreqamprsquos-net-profit-in-the-first-half-increase-by-14-to-aed-4bln Strong business performance and positive outlook underpinned by robust customer activity and stable macroeconomic environment Alternative Investments News Team Wednesday, July 24, 2024 1:00 am http://middleeast.managersofwealth.com/article/48125/national-finance-strategically-extends-branch-network-to-rustaq Enhancing Customer Convenience Alternative Investments News Team Tuesday, July 23, 2024 1:00 am http://middleeast.managersofwealth.com/article/48115/invesco-global-sovereign-asset-management-study-2024 The study provides unique insights into the investment objectives and behaviours of sovereign investors, and unearthed five key themes. Alternative Investments News Aggregation Team Tuesday, July 23, 2024 1:00 am http://middleeast.managersofwealth.com/article/48116/banks-profit-from-egyptian-markets-volatility-ifr Citigroup made more than $100mln in fixed income and currency trading revenues related to Egypt Alternative Investments News Team Tuesday, July 23, 2024 1:00 am http://middleeast.managersofwealth.com/article/48117/blackrock-investment-institute-establishes-presence-in-the-middle-east-with-appointment-of-chief-strategist Dedicated BlackRock Investment Institute presence in the United Arab Emirates reflects BlackRock’s commitment to clients in the Middle East Alternative Investments News Team Monday, July 22, 2024 1:00 am http://middleeast.managersofwealth.com/article/48107/the-bibf-joins-forces-with-swiss-re-institute-to-launch-insurance-simulation-training This innovative programme is designed for strategic leaders Alternative Investments News Aggregation Team Monday, July 22, 2024 1:00 am http://middleeast.managersofwealth.com/article/48109/quilvest-capital-partners-appoints-rami-sayegh-to-strengthen-middle-east-presence Rami previously served as Director of Middle East Investor Relations at Quilvest between 2016 and 2018 Alternative Investments News Team Friday, July 19, 2024 1:00 am http://middleeast.managersofwealth.com/article/48097/emirates-reit-sells-trident-grand-mall The agreed purchase price is AED 74 million, which is above the asset’s latest valuation Alternative Investments News Team Thursday, July 18, 2024 1:00 am http://middleeast.managersofwealth.com/article/48092/masraf-al-rayan-reports-a-net-profit-of-qar-789mln-for-h1-2024 Net Profit of QAR 789 million, an increase of +3.2% year on year Alternative Investments News Aggregation Team Wednesday, July 17, 2024 1:00 am http://middleeast.managersofwealth.com/article/48077/saudi-re-completes-sales-of-probitas-to-aviva Aviva, which initially exited Lloyd’s following the CGU and Norwich Union merger in 2000, said its latest deal “significantly expands” market opportunity for Aviva’s Global Corporate & Specialty (GCS) business. Alternative Investments News Aggregation Team Thursday, July 25, 2024 1:00 am http://middleeast.managersofwealth.com/article/48127/titan-wealth-to-acquire-dubai-headquartered-wealth-manager-ahr-group The acquisition of AHR is Titan Wealth’s first international deal Wealth & Asset Management News Aggregation Team Tuesday, July 23, 2024 1:00 am http://middleeast.managersofwealth.com/article/48110/indosuez-wm-opens-desk-for-eams-in-dubai Indosuez also announced that it will open a desk for external asset managers (EAMs) in the DIFC. Wealth & Asset Management News Aggregation Team Thursday, July 18, 2024 1:00 am http://middleeast.managersofwealth.com/article/48085/dubai-prince-makes-family-office-u-turn-in-hong-kong [I]f the government wishes to promote the city’s family office policy by publicizing some examples, then they should really be more careful and do the proper background checks first Wealth & Asset Management News Aggregation Team Thursday, July 18, 2024 1:00 am http://middleeast.managersofwealth.com/article/48086/stanchart-adds-over-a-dozen-private-bankers-in-hiring-spree StanChart Strengthens DPM, Fixed Income in Singapore Wealth & Asset Management News Aggregation Team Tuesday, July 16, 2024 1:00 am http://middleeast.managersofwealth.com/article/48068/traditional-wealth-management-evolves-with-new-markets-younger-clients-and-modern-tech A dynamic and innovative environment for financial services makes the UAE a magnet for traditional wealth management, as well as modern financial tech Wealth & Asset Management News Team Thursday, July 11, 2024 1:00 am http://middleeast.managersofwealth.com/article/48043/global-wealth-report-2024 Wealth is steadily growing throughout the world – albeit at different speeds – with very few exceptions. Wealth & Asset Management News Aggregation Team Tuesday, July 02, 2024 1:00 am http://middleeast.managersofwealth.com/article/47988/bank-dhofaramp039s-kapoor-on-its-amp039pure-private-banking-playamp039 The bank recently unveiled its new private banking segment, becoming the latest to serve Oman's burgeoning wealthy. Wealth & Asset Management News Aggregation Team Thursday, June 27, 2024 1:00 am http://middleeast.managersofwealth.com/article/47962/bankdhofar-launches-its-private-banking-segment It promises tailored solutions to nurture and grow wealth in a secure and prudent manner Wealth & Asset Management News Team Tuesday, June 25, 2024 1:00 am http://middleeast.managersofwealth.com/article/47949/dubai-ranks-12th-in-julius-baeramprsquos-global-wealth-and-lifestyle-report-as-relative-amplsquocost-of-livingamprsquo-remains-competitive-compared-to-major-global-cities Dubai is the 6th most expensive city in Europe, Middle East, and Africa (EMEA) and 12th in the global ranking of the Lifestyle index Wealth & Asset Management News Aggregation Team Friday, June 21, 2024 1:00 am http://middleeast.managersofwealth.com/article/47931/uae-retains-top-spot-as-worldamp039s-leading-wealth-magnet The UAE’s luxury lifestyle, golden visas, and low-tax environment have significantly contributed to its appeal. Wealth & Asset Management News Aggregation Team Tuesday, July 23, 2024 1:00 am http://middleeast.managersofwealth.com/article/48111/uaeamprsquos-myzoi-launches-financially-inclusive-digital-wallet-with-ampldquoone-to-manyamprdquo-transfer-capabilities The start-up’s ongoing commitment to financial inclusion and literacy is further supported by an interactive gamified financial education programme called MoneyTips FinTech News Aggregation Team Monday, July 22, 2024 1:00 am http://middleeast.managersofwealth.com/article/48103/central-bank-approves-one-bank-egyptamprsquos-first-native-digital-bank This digital-only approach is expected to reduce banking fees, as it eliminates the need for physical branches and associated infrastructure costs. FinTech News Team Monday, July 22, 2024 1:00 am http://middleeast.managersofwealth.com/article/48106/ooredoo-kuwait-group-reported-a-9-increase-in-revenue-to-kwd-346mln-in-h1-2024 Earnings per share of 50 fils FinTech News Aggregation Team Friday, July 19, 2024 1:00 am http://middleeast.managersofwealth.com/article/48096/new-technologies-an-opportunity-and-risk-for-internal-audit A new report from KPMG explores how technology is re-shaping the way how organizations can organize and run their internal audit function FinTech News Team Thursday, July 18, 2024 1:00 am http://middleeast.managersofwealth.com/article/48087/tech-imprints-how-the-uae-is-approaching-data-protection They discuss the significant changes introduced by the new federal data protection law, its impact on organizations managing personal data, and the future of data protection in the region. FinTech News Aggregation Team Thursday, July 18, 2024 1:00 am http://middleeast.managersofwealth.com/article/48090/egyptian-fintech-dopay-raises-a-135m-series-a-extension-round-to-boost-offerings-and-accelerate-expansion The fintech plans to leverage the new funding to accelerate its rapid expansion in its initial market FinTech News Team Tuesday, July 16, 2024 1:00 am http://middleeast.managersofwealth.com/article/48076/kpmg-publishes-playbook-on-how-ai-can-drive-functional-transformation To help businesses overcome this barrier and tap into the potential of AI FinTech News Team Monday, July 15, 2024 1:00 am http://middleeast.managersofwealth.com/article/48061/omnix-international-launches-conversational-ai-as-a-service Omnix’s latest offering accelerates AI deployment, cuts costs, and enhances customer interaction across diverse sectors. FinTech News Team Friday, July 12, 2024 1:00 am http://middleeast.managersofwealth.com/article/48051/uaeamprsquos-artificial-intelligence-office-mastercard-and-first-abu-dhabi-bank-launch-joint-ai-challenge The competition will culminate in a pitch day, where finalists will be assessed by a panel of experts from the three partners. FinTech News Aggregation Team Friday, July 12, 2024 1:00 am http://middleeast.managersofwealth.com/article/48054/qnb-ampamp-npci-international-partner-to-launch-upi-payments-in-qatar This announcement is of particular significance as Indians rank as the second largest group of international visitors to Qatar. FinTech News Aggregation Team Friday, July 26, 2024 1:00 am http://middleeast.managersofwealth.com/article/48136/abu-dhabi-islamic-bank-pjsc-reports-earnings-results-for-the-second-quarter-and-six-months-ended-june-30-2024 Basic earnings per share from continuing operations was AED 0.39 compared to AED 0.304 a year ago. Islamic Finance News Aggregation Team Thursday, July 25, 2024 1:00 am http://middleeast.managersofwealth.com/article/48128/omanamprsquos-nbo-muzn-unveils-shariah-compliant-alternative-to-bill-discounting Muzn continues to lead the way in Islamic banking innovation, providing tools that enable our clients to manage their financial responsibilities with ease and confidence.” Islamic Finance News Team Monday, July 22, 2024 1:00 am http://middleeast.managersofwealth.com/article/48102/bank-nizwa-honoured-with-prestigious-awards-for-outstanding-performance-and-innovation-in-banking-sector Awarded the ‘Islamic Bank of the Year’ award at the New Age Banking Summit 2024 Islamic Finance News Aggregation Team Friday, July 19, 2024 1:00 am http://middleeast.managersofwealth.com/article/48100/qib-half-yearly-net-profit-rises-56-to-qr2065m Basic earnings per share for the six months period ended 30 June 2024 is QR0.87 Islamic Finance News Team Wednesday, July 17, 2024 1:00 am http://middleeast.managersofwealth.com/article/48080/dhofar-islamic-empowers-the-young-with-new-youth-account With this account, Dhofar Islamic aims to inspire a generation of confident and responsible financial leaders Islamic Finance News Aggregation Team Wednesday, July 17, 2024 1:00 am http://middleeast.managersofwealth.com/article/48082/islamic-banks-account-for-21-of-gross-domestic-credit-cbuae Gross credit extended by CB rose since the beginning of the year to the end of April by 4.3% to $435bln Islamic Finance News Aggregation Team Friday, July 12, 2024 1:00 am http://middleeast.managersofwealth.com/article/48052/nasdaq-dubai-welcomes-usd-500-million-sukuk-by-the-sharjah-islamic-bank Our vision is to continue innovating and providing excellent financial services that cater to the needs of our diverse clientele. Islamic Finance News Team Wednesday, July 10, 2024 1:00 am http://middleeast.managersofwealth.com/article/48040/emirates-islamic-recognised-as-the-amplsquomost-innovative-islamic-bank-in-the-uaeamprsquo-at-euromoney-islamic-finance-awards-2024 The bank receives prestigious award after pioneering innovation in Islamic banking in the region Islamic Finance News Aggregation Team Wednesday, July 10, 2024 1:00 am http://middleeast.managersofwealth.com/article/48042/pact-signed-to-promote-islamic-finance-in-oman This partnership underscores MSX's dedication to creating a sustainable investment environment in Oman Islamic Finance News Aggregation Team Tuesday, July 09, 2024 1:00 am http://middleeast.managersofwealth.com/article/48032/domestic-and-foreign-funds-lift-qse-34-points-islamic-equities-continue-to-outperform The foreign institutions turned bullish in the main market, whose year-to-date losses truncated further to 6.22%. Islamic Finance News Aggregation Team Friday, July 26, 2024 1:00 am http://middleeast.managersofwealth.com/article/48137/moodyamprsquos-affirms-islamic-development-bankamprsquos-aaa-rating Founded in 1973 and headquartered in Jeddah, IsDB is a multilateral development finance institution focused on Islamic finance for infrastructure development. Research, Comment and Analysis News Team Thursday, July 25, 2024 1:00 am http://middleeast.managersofwealth.com/article/48120/the-henley-passport-index 2024 Global Ranking Research, Comment and Analysis News Aggregation Team Thursday, July 25, 2024 1:00 am http://middleeast.managersofwealth.com/article/48129/gcc-banks-show-strong-appetite-for-regional-expansion-fitch The GCC is a political and economic alliance that includes Saudi Arabia, the United Arab Emirates (UAE), Qatar, Kuwait, Oman and Bahrain. Research, Comment and Analysis News Aggregation Team Tuesday, July 23, 2024 1:00 am http://middleeast.managersofwealth.com/article/48118/egypt-banks-financing-companies-inject-145bln-into-low-income-housing-initiative-by-june-2024 The Central Bank of Egypt launched the mortgage finance initiative in February 2014, offering subsidized declining interest rates ranging from 5% to 7% for low and middle-income groups Research, Comment and Analysis News Aggregation Team Friday, July 19, 2024 1:00 am http://middleeast.managersofwealth.com/article/48095/mckinsey-gcc-banks-outperform-their-global-counterparts All GCC exchange rates are either directly or indirectly pegged to the US dollar, and regional interest rates thus closely track movements in US rates. Research, Comment and Analysis News Aggregation Team Thursday, July 18, 2024 1:00 am http://middleeast.managersofwealth.com/article/48089/top-stocks-in-q2-2024-uae-retail-investors-choose-ai-over-big-tech Amongst the most held stocks, Q2 saw a significant shift in the rankings, with NVIDIA rising to become the second-most popular stock on the eToro platform, behind only Tesla Research, Comment and Analysis News Aggregation Team Wednesday, July 10, 2024 1:00 am http://middleeast.managersofwealth.com/article/48039/saudi-arabiaamprsquos-big-three-banks-continue-their-rankings-ascent Saudi Alawwal Bank tops performance table Research, Comment and Analysis News Aggregation Team Monday, July 08, 2024 1:00 am http://middleeast.managersofwealth.com/article/48019/dubaiamp039s-high-end-property-sales-undented-by-drop-in-listings-consultancy-says A total of 190 homes worth an overall $3.2 billion were sold in the six months Research, Comment and Analysis News Aggregation Team Monday, July 08, 2024 1:00 am http://middleeast.managersofwealth.com/article/48025/qatar-central-bank-foreign-reserves-surge-388-in-june-2024 Balances with foreign banks declined by nearly QR 3.633 billion Research, Comment and Analysis News Aggregation Team Wednesday, July 03, 2024 1:00 am http://middleeast.managersofwealth.com/article/48000/fitch-affirms-commercial-bankamprsquos-rating-at-amplsquoaamprsquo-with-stable-outlook The rating reflects potential support from the Qatari authorities as reflected in its Government Support Rating of ‘a’. Research, Comment and Analysis News Team Monday, July 22, 2024 1:00 am http://middleeast.managersofwealth.com/article/48108/efg-hermes-completes-advisory-on-budget-saudiamprsquos-121mln-acquisition-of-autoworld EFG Hermes acted as the sole financial advisor on the transaction, which is set to create a new powerhouse in the Saudi auto industry Investment Bank News Aggregation Team Monday, June 10, 2024 1:00 am http://middleeast.managersofwealth.com/article/47864/nic-recognized-as-the-amplsquobest-local-investment-bank-in-kuwait-2024amprsquo Euromoney award confirms NIC’s distinguished services and continuous achievements Investment Bank News Team Wednesday, June 05, 2024 1:00 am http://middleeast.managersofwealth.com/article/47841/efg-hermes-completes-advisory-on-764mln-ipo-of-fakeeh-care-group-on-the-saudi-exchange The IPO garnered widespread interest from local, regional, and international investors, with an oversubscription rate of 119 Investment Bank News Aggregation Team Friday, May 24, 2024 1:00 am http://middleeast.managersofwealth.com/article/47784/efg-holding-revenue-surges-92-to-egp-86bn-in-q1-2024-unveils-share-buyback-program EFG Hermes, the investment bank arm, played a key role in the strong Q1 results, with revenues more than doubling year-on-year to EGP 6.2bn. Investment Bank News Team Wednesday, May 08, 2024 1:00 am http://middleeast.managersofwealth.com/article/47691/banque-misr-announces-strategic-partnership-and-major-investment-in-belmazad Egypt’s First Digital Public Auction Platform Investment Bank News Team Thursday, March 21, 2024 12:00 am http://middleeast.managersofwealth.com/article/47432/efg-hermes-completes-advisory-on-4287mln-ipo-of-parkin-on-the-dfm The IPO set a record for the most subscribed offering on the Dubai Financial Market, with an overall subscription of approximately 165 times Investment Bank News Aggregation Team Friday, March 01, 2024 12:00 am http://middleeast.managersofwealth.com/article/47323/morgan-stanley-opens-office-in-abu-dhabi ADGM office will be investment bank’s fourth in the region in addition to those in Dubai, Riyadh and Qatar Investment Bank News Team Tuesday, January 16, 2024 12:00 am http://middleeast.managersofwealth.com/article/47052/bankdhofar-investment-banking-sustaining-customer-value-with-innovative-financial-strategies The division's consistent success is underscored by its continuously expanding and diverse client base, encompassing startups to well-established corporations and inclusive of public and government sector organizations Investment Bank News Aggregation Team Wednesday, November 22, 2023 12:00 am http://middleeast.managersofwealth.com/article/46762/saudi-exim-and-banque-saudi-fransi-collaborate-to-enhance-sme-export-funding This initiative is part of Saudi EXIM’s strategy to foster partnerships with the private sector Investment Bank News Aggregation Team Thursday, November 16, 2023 12:00 am http://middleeast.managersofwealth.com/article/46729/efg-holding-posts-egp3bn-in-q3-2023-revenue The banking group’s net profit after tax and minority interest rose by 24 per cent to reach EGP395m Investment Bank News Team Wednesday, July 17, 2024 1:00 am http://middleeast.managersofwealth.com/article/48079/pif-strengthens-renewable-energy-localization-in-saudi-arabia-with-three-new-joint-ventures Agreement with Envision Energy and Vision Industries to transform Saudi Arabia into a manufacturer of wind turbines and components Planet SOS News Team Thursday, July 04, 2024 1:00 am http://middleeast.managersofwealth.com/article/48003/herbert-smith-freehills-advises-on-key-abu-dhabi-waste-to-energy-project The deal successfully reached financial close on 28 June 2024. Planet SOS News Team Wednesday, July 03, 2024 1:00 am http://middleeast.managersofwealth.com/article/47996/egis-secures-saudi-arabiaamprsquos-top-environmental-license-for-sustainable-development This coveted designation signifies a company's commitment to adhering to the strictest environmental regulations, contributing to the Kingdom's ambitious sustainability goals Planet SOS News Aggregation Team Friday, June 21, 2024 1:00 am http://middleeast.managersofwealth.com/article/47936/saudi-arabia-among-leading-gcc-nations-in-global-energy-transition-rankings-wef-report The rankings reflect the Kingdom’s progress in balancing its energy reserves with sustainability goals amidst global economic volatility and technological advancements. Planet SOS News Aggregation Team Wednesday, June 19, 2024 1:00 am http://middleeast.managersofwealth.com/article/47921/saudi-arabia-committed-to-transition-toward-green-energy-in-the-industrial-sector The minister highlighted the impact of Saudi Arabia’s major projects, such as the “NEOM”, which focuses on renewable energy, biotechnology, and advanced manufacturing techniques Planet SOS News Team Friday, June 14, 2024 1:00 am http://middleeast.managersofwealth.com/article/47893/brookfield-opens-fundraising-for-catalytic-transition-fund-with-anchor-commitment-from-altampeacuterra-targeted-to-raise-up-to-5-billion-to-scale-up-climate-finance-in-emerging-markets With the urgent need to cut emissions and accelerate the climate transition, the Brookfield-managed CTF will harness a $1 billion commitment by ALTÉRRA funds Planet SOS News Team Tuesday, June 04, 2024 1:00 am http://middleeast.managersofwealth.com/article/47832/fostering-a-sustainable-future-the-role-of-land-restoration-in-saudi-arabia The Kingdom of Saudi Arabia is no stranger to such climate challenges. Planet SOS News Aggregation Team Tuesday, May 21, 2024 1:00 am http://middleeast.managersofwealth.com/article/47762/mubadala-announces-first-renewable-energy-investment-in-japan This investment will help reduce carbon emissions and reliance on imported fuels, aligning with Japan’s domestic and international emission reduction targets Planet SOS News Aggregation Team Monday, May 13, 2024 1:00 am http://middleeast.managersofwealth.com/article/47712/qatarenergy-acquires-40-of-2-natural-gas-exploration-blocks-in-egypt As per the statement, QatarEnergy will acquire 40% of the offshore concession agreement on the Cairo and Masry blocks Planet SOS News Aggregation Team Thursday, May 09, 2024 1:00 am http://middleeast.managersofwealth.com/article/47697/global-esg-sukuk-market-projected-to-surpass-50bn-thanks-to-funding-diversification The year started with key regulatory initiatives, which could support standardization, ecosystem development, and aid transparency. Planet SOS