Managers of Wealth - Middle East http://middleeast.managersofwealth.com/ Sat, 22 Mar 2025 09:57:27 GMT part of MediaG8way Group http://middleeast.managersofwealth.com/ http://middleeast.managersofwealth.com/assets/images/logo.png Managers of Wealth - Middle East KohanaPHP FTI Consulting names Adrian Predoi as Middle East leader of Advisory & Transformation News Aggregation Team Friday, March 21, 2025 12:00 am http://middleeast.managersofwealth.com/article/49386/fti-consulting-names-adrian-predoi-as-middle-east-leader-of-advisory-ampamp-transformation He is an expert in program management, project controls, PMO and realizing program alignment to strategic and operational goals. On the Move IWBD appoints Sarah Safi to new Committee at Women in the Boardroom Annual Summit 2025 News Aggregation Team Friday, March 21, 2025 12:00 am http://middleeast.managersofwealth.com/article/49388/iwbd-appoints-sarah-safi-to-new-committee-at-women-in-the-boardroom-annual-summit-2025 Safi is Head of ESG and Sustainability at New Metrics, a leading consultancy firm in the Middle East. On the Move Gulf Bank appoints Bader Al-Ali as General Manager of Consumer Banking and Faisal Al-Gharabally as General Manager of International Banking News Team Thursday, March 20, 2025 12:00 am http://middleeast.managersofwealth.com/article/49374/gulf-bank-appoints-bader-al-ali-as-general-manager-of-consumer-banking-and-faisal-al-gharabally-as-general-manager-of-international-banking This step aligns with the Bank’s ongoing efforts to empower national talent and promote them to leadership positions On the Move David Kneeshaw to retire as IFGL CEO News Team Thursday, March 20, 2025 12:00 am http://middleeast.managersofwealth.com/article/49375/david-kneeshaw-to-retire-as-ifgl-ceo David’s successor as CEO has already been appointed and the details will be announced in April On the Move Qatar Stock Exchange appoints new CEO News Aggregation Team Wednesday, March 19, 2025 12:00 am http://middleeast.managersofwealth.com/article/49368/qatar-stock-exchange-appoints-new-ceo He also led a team specializing in market products, public and private assets. On the Move Franklin Templeton investment solutions expands team with new Solutions Portfolio Manager role in UAE News Team Wednesday, March 12, 2025 12:00 am http://middleeast.managersofwealth.com/article/49337/franklin-templeton-investment-solutions-expands-team-with-new-solutions-portfolio-manager-role-in-uae Appoints Gaurav Sharma as Solutions Portfolio Manager, CEEMEA for FTIS On the Move Hawksford marks first anniversary of Dubai office and enhances global capabilities News Team Tuesday, March 11, 2025 12:00 am http://middleeast.managersofwealth.com/article/49329/hawksford-marks-first-anniversary-of-dubai-office-and-enhances-global-capabilities Hawksford has appointed Nik Zhukov as Managing Director of Global Solutions, based in the UAE On the Move Thomas Kaiser appointed as Senior Director of Partners at NetApp for the EEMI Area News Team Tuesday, March 11, 2025 12:00 am http://middleeast.managersofwealth.com/article/49330/thomas-kaiser-appointed-as-senior-director-of-partners-at-netapp-for-the-eemi-area Thomas Kaiser brings a wealth of expertise in driving business growth across the EMEA region On the Move Q5 appoints Scott Kennedy as Managing Director of Saudi business News Aggregation Team Thursday, March 06, 2025 12:00 am http://middleeast.managersofwealth.com/article/49305/q5-appoints-scott-kennedy-as-managing-director-of-saudi-business His background includes leadership roles at Maximus Gulf, AEI Saudi and Working Links. On the Move UBP Middle East CEO exits News Aggregation Team Wednesday, March 05, 2025 12:00 am http://middleeast.managersofwealth.com/article/49294/ubp-middle-east-ceo-exits Mohamed Shoukry was CEO of UBP's Dubai-based subsidiary, which employs over 40 staff to cover the region. On the Move BBVA confident on Sabadell bid approval, optimistic on Türkiye News Aggregation Team Thursday, March 20, 2025 12:00 am http://middleeast.managersofwealth.com/article/49379/bbva-confident-on-sabadell-bid-approval-optimistic-on-tampuumlrkiye Under Spanish law, the government cannot stop a bid from being made, but it has the final word on whether a merger goes ahead. Legal, Tax, Regulation & Compliance Executive, legislative authorities continue consultations on 2025-2026 state budget News Aggregation Team Thursday, March 20, 2025 12:00 am http://middleeast.managersofwealth.com/article/49381/executive-legislative-authorities-continue-consultations-on-2025-2026-state-budget The discussions also reviewed the priorities and projects proposed by government ministries for inclusion in the budget Legal, Tax, Regulation & Compliance FRA approves fintech integration for 8 non-banking financial, brokerage firms News Aggregation Team Wednesday, March 19, 2025 12:00 am http://middleeast.managersofwealth.com/article/49373/fra-approves-fintech-integration-for-8-non-banking-financial-brokerage-firms The FRA emphasized that this move aligns with its broader strategy to modernize and digitize non-banking financial services. Legal, Tax, Regulation & Compliance The Central Bank of Egypt hosts a specialized technical team in cybersecurity from the Central Bank of Tanzania News Aggregation Team Monday, March 17, 2025 12:00 am http://middleeast.managersofwealth.com/article/49359/the-central-bank-of-egypt-hosts-a-specialized-technical-team-in-cybersecurity-from-the-central-bank-of-tanzania This standing is manifested in the establishment and operation of the region’s first sectorial CERT Legal, Tax, Regulation & Compliance Oman’s New Banking Law: Key Regulatory Changes, Compliance Requirements, and Business Impact News Aggregation Team Thursday, March 13, 2025 12:00 am http://middleeast.managersofwealth.com/article/49340/omanamprsquos-new-banking-law-key-regulatory-changes-compliance-requirements-and-business-impact Oman’s New Banking Law enhances the Central Bank’s authority, increases capital requirements, and strengthens financial regulations across banking sectors. It introduces stricter compliance measures, expanded digital and Islamic banking provis Legal, Tax, Regulation & Compliance Ripple secures DFSA licence to offer regulated crypto payments from DIFC News Team Thursday, March 13, 2025 12:00 am http://middleeast.managersofwealth.com/article/49343/ripple-secures-dfsa-licence-to-offer-regulated-crypto-payments-from-difc Ripple will be the first blockchain-enabled payments provider licenced by the DFSA Legal, Tax, Regulation & Compliance Dubai Chambers Board of Directors discusses strategic direction and future initiatives News Team Wednesday, March 12, 2025 12:00 am http://middleeast.managersofwealth.com/article/49336/dubai-chambers-board-of-directors-discusses-strategic-direction-and-future-initiatives Brainstorming session held to exchange ideas supporting sustainable economic development Legal, Tax, Regulation & Compliance Fawry signs partnership with Ottu to expand online payment solutions in Egypt News Aggregation Team Tuesday, March 11, 2025 12:00 am http://middleeast.managersofwealth.com/article/49325/fawry-signs-partnership-with-ottu-to-expand-online-payment-solutions-in-egypt The agreement aims to enhance Egypt’s online payment landscape by integrating Fawry’s payment infrastructure with Ottu’s management system Legal, Tax, Regulation & Compliance Experts laud CBJ monetary management, approach to currency flow regulation News Aggregation Team Tuesday, March 11, 2025 12:00 am http://middleeast.managersofwealth.com/article/49328/experts-laud-cbj-monetary-management-approach-to-currency-flow-regulation These specialists deploy a comprehensive monetary toolkit to achieve strategic objectives while maintaining market discipline. Legal, Tax, Regulation & Compliance Estithmar Holding signs MoU with Qatar Primary Materials Company News Aggregation Team Friday, March 07, 2025 12:00 am http://middleeast.managersofwealth.com/article/49315/estithmar-holding-signs-mou-with-qatar-primary-materials-company The agreement was signed by Abd Almunem al-Sakka, Cluster Chief Executive Officer of Elegancia Services, a subsidiary of Estithmar Holding, Legal, Tax, Regulation & Compliance Al Ahli Bank of Kuwait-Egypt signs a long-term partnership with Visa to expand digital payment solutions News Team Thursday, March 20, 2025 12:00 am http://middleeast.managersofwealth.com/article/49376/al-ahli-bank-of-kuwait-egypt-signs-a-long-term-partnership-with-visa-to-expand-digital-payment-solutions This partnership involves the launch of a range of new products and services that meet the diverse needs of various customer segments Retail Banking Emirates NBD recognized as the “Best Foreign Bank in KSA” News Team Thursday, March 20, 2025 12:00 am http://middleeast.managersofwealth.com/article/49378/emirates-nbd-recognized-as-the-ampldquobest-foreign-bank-in-ksaamprdquo Spotlighting Emirates NBD’s commitment to empowering the people and communities it serves Retail Banking First Abu Dhabi Bank: Comprehensive company overview News Aggregation Team Wednesday, March 19, 2025 12:00 am http://middleeast.managersofwealth.com/article/49366/first-abu-dhabi-bank-comprehensive-company-overview The bank offers safe transaction processing and convenient services through online and mobile banking systems Retail Banking Loans extended by Bahrain banks increase 4.6% in 2024 News Aggregation Team Wednesday, March 19, 2025 12:00 am http://middleeast.managersofwealth.com/article/49372/loans-extended-by-bahrain-banks-increase-46-in-2024 The Business Sector accounted for 42.3% and the Personal Sector 48.3% of the total loans and credit facilities Retail Banking Qatar’s Ahli Bank prepares to launch 5-year $500mln debt News Aggregation Team Tuesday, March 18, 2025 12:00 am http://middleeast.managersofwealth.com/article/49364/qataramprsquos-ahli-bank-prepares-to-launch-5-year-500mln-debt The issuance will be under its $2 billion EMTN programme Retail Banking Bank of Jordan announces 2024 financial results News Team Tuesday, March 18, 2025 12:00 am http://middleeast.managersofwealth.com/article/49361/bank-of-jordan-announces-2024-financial-results Continues Regional Expansion, and Recommends 18% Cash Dividend Distribution to Shareholders Retail Banking Bank ABC approves $85mln dividends for FY 2024 News Aggregation Team Monday, March 17, 2025 12:00 am http://middleeast.managersofwealth.com/article/49353/bank-abc-approves-85mln-dividends-for-fy-2024 This dividend per share stands at $2.75 cents, marking a 22% increase compared to the previous year Retail Banking Emirates NBD to Acquire Stake in Egypt’s Banque du Caire: Reports News Aggregation Team Monday, March 17, 2025 12:00 am http://middleeast.managersofwealth.com/article/49354/emirates-nbd-to-acquire-stake-in-egyptamprsquos-banque-du-caire-reports An official statement has yet to be issued regarding the news, which has sparked controversy. Retail Banking Sohar International partners with Arabian Falcon Insurance Company to introduce exclusive Insurance protection plans News Team Monday, March 17, 2025 12:00 am http://middleeast.managersofwealth.com/article/49358/sohar-international-partners-with-arabian-falcon-insurance-company-to-introduce-exclusive-insurance-protection-plans This strategic collaboration reflects Sohar International’s commitment to going beyond traditional banking by integrating value-driven financial protection solutions Retail Banking Savills boosts global cross border retail expertise News Team Thursday, March 13, 2025 12:00 am http://middleeast.managersofwealth.com/article/49344/savills-boosts-global-cross-border-retail-expertise Thea Rowe joins the team in Dubai to capitalise on growing demand in the Middle East Retail Banking View from the top with Goldman Sachs’ Hilary Lopez News Aggregation Team Friday, March 21, 2025 12:00 am http://middleeast.managersofwealth.com/article/49382/view-from-the-top-with-goldman-sachsamprsquo-hilary-lopez Head of the EMEA third-party wealth business says her mission upon joining the company was to become one of the leading players in the region Alternative Investments March pensions to be disbursed next Monday, announced the GPSSA News Team Friday, March 21, 2025 12:00 am http://middleeast.managersofwealth.com/article/49383/march-pensions-to-be-disbursed-next-monday-announced-the-gpssa An increase of AED 52.9 million compared to the same month last year Alternative Investments GFH General Assembly approves 6.2% cash dividend and strategic capital enhancements News Team Friday, March 21, 2025 12:00 am http://middleeast.managersofwealth.com/article/49384/gfh-general-assembly-approves-62-cash-dividend-and-strategic-capital-enhancements The AGM resulted in shareholders endorsing the Board of Directors’ recommendations, which included allocating a dividend of 6.2% of the nominal value of all ordinary shares, except treasury shares, equating to USD 0.0164 per share Alternative Investments OECD predicts 3.8% economic growth for Saudi Arabia in 2025 News Aggregation Team Wednesday, March 19, 2025 12:00 am http://middleeast.managersofwealth.com/article/49367/oecd-predicts-38-economic-growth-for-saudi-arabia-in-2025 This forecast signals a turnaround for the Kingdom, positioning it as one of the fastest-growing economies within the G20 in the coming years. Alternative Investments The Financial Academy Of KSA receives accreditation by Chartered Insurance Institute News Team Wednesday, March 19, 2025 12:00 am http://middleeast.managersofwealth.com/article/49371/the-financial-academy-of-ksa-receives-accreditation-by-chartered-insurance-institute The organisation has received accreditation from global professional body, the CII, as an Approved Professional Development Centre Alternative Investments UK businesses eyeing Middle East investments amid growing regional appeal: report News Aggregation Team Tuesday, March 18, 2025 12:00 am http://middleeast.managersofwealth.com/article/49365/uk-businesses-eyeing-middle-east-investments-amid-growing-regional-appeal-report Mega projects such as Saudi Arabia’s NEOM and large-scale developments in the UAE are reshaping the landscape, promising to draw more global capital. Alternative Investments Lesha Bank CEO in Forbes Middle East’s 'Top 40 Asset Managers list for 2025' News Aggregation Team Monday, March 17, 2025 12:00 am http://middleeast.managersofwealth.com/article/49355/lesha-bank-ceo-in-forbes-middle-eastamprsquos-amp039top-40-asset-managers-list-for-2025amp039 This year, the list highlighted 40 asset managers entrusted with managing assets on a fiduciary basis. Alternative Investments Abu Dhabi sovereign fund ramps up US investments in AI News Aggregation Team Friday, March 14, 2025 12:00 am http://middleeast.managersofwealth.com/article/49347/abu-dhabi-sovereign-fund-ramps-up-us-investments-in-ai Lila Sciences to deploy capital for autonomous labs, infrastructure and building an AI platform Alternative Investments Investcorp Capital acquires a diversified portfolio of private market investments News Team Friday, March 14, 2025 12:00 am http://middleeast.managersofwealth.com/article/49350/investcorp-capital-acquires-a-diversified-portfolio-of-private-market-investments The Portfolio is comprised of assets in high-potential sectors such as technology and business services, with a large majority in North America and Europe Alternative Investments Aldar Investment raises $500m through an oversubscribed green sukuk News Aggregation Team Friday, March 14, 2025 12:00 am http://middleeast.managersofwealth.com/article/49351/aldar-investment-raises-500m-through-an-oversubscribed-green-sukuk The proceeds will be used in line with Aldar’s Green Finance Framework to refinance sustainability-accredited real estate within AIP’s portfolio Alternative Investments Nomura expands in Singapore, Dubai as wealth turns a profit News Aggregation Team Wednesday, March 12, 2025 12:00 am http://middleeast.managersofwealth.com/article/49331/nomura-expands-in-singapore-dubai-as-wealth-turns-a-profit The Tokyo-based firm is moving to a new office in Dubai that can accommodate up to 60 staff Wealth & Asset Management HSBC MENAT CEO pledges more investments to lead in wealth, capital markets News Aggregation Team Monday, March 10, 2025 12:00 am http://middleeast.managersofwealth.com/article/49317/hsbc-menat-ceo-pledges-more-investments-to-lead-in-wealth-capital-markets In an exclusive interview with Zawya, Selim Kervanci, HSBC’s newly appointed CEO for the Middle East, North Africa and Türkiye, expressed confidence that the bank can maintain its leadership position in ECM/DCM and investment banking in the reg Wealth & Asset Management Gulf investors will no longer go for formulaic wealth management advise News Aggregation Team Monday, March 10, 2025 12:00 am http://middleeast.managersofwealth.com/article/49323/gulf-investors-will-no-longer-go-for-formulaic-wealth-management-advise High networth clients will no longer sign up to more-of-the-same on wealth handling Wealth & Asset Management Julius Baer’s Kunal Sumaya on Dubai’s rise as an investment haven for NRIs News Aggregation Team Friday, March 07, 2025 12:00 am http://middleeast.managersofwealth.com/article/49309/julius-baeramprsquos-kunal-sumaya-on-dubaiamprsquos-rise-as-an-investment-haven-for-nris The COVID-19 pandemic further reinforced this shift, prompting more individuals to explore residency and investment opportunities abroad. Wealth & Asset Management Canaccord Wealth expands international footprint with Middle East office News Aggregation Team Thursday, March 06, 2025 12:00 am http://middleeast.managersofwealth.com/article/49302/canaccord-wealth-expands-international-footprint-with-middle-east-office SEO Richard Burden has 30 years’ experience working across Middle East and recently re-located to Dubai Wealth & Asset Management Standard Chartered expands UAE private banking team News Aggregation Team Tuesday, March 04, 2025 12:00 am http://middleeast.managersofwealth.com/article/49287/standard-chartered-expands-uae-private-banking-team The new team members will report to Nash Mithani, market head, private banking, UAE and head, Global South Asia Community. Wealth & Asset Management The Growth and Evolution of Independent Wealth Management in the UAE News Aggregation Team Monday, March 03, 2025 12:00 am http://middleeast.managersofwealth.com/article/49283/the-growth-and-evolution-of-independent-wealth-management-in-the-uae At a recent Hubbis forum in Dubai, industry leaders came together to discuss the trends, opportunities, and challenges shaping the sector. Wealth & Asset Management Dubai strengthens position as global wealth hub at Family Office Summit 2025 News Team Friday, February 28, 2025 12:00 am http://middleeast.managersofwealth.com/article/49277/dubai-strengthens-position-as-global-wealth-hub-at-family-office-summit-2025 Event brought together global visionaries, investors, and industry leaders managing over $1 trillion in assets Wealth & Asset Management Barclays Private Bank's UAE CEO: 'This is the year of execution' News Aggregation Team Wednesday, February 26, 2025 12:00 am http://middleeast.managersofwealth.com/article/49260/barclays-private-bankamp039s-uae-ceo-amp039this-is-the-year-of-executionamp039 The UAE business has performed well in terms of AUM growth since the pandemic made Dubai a hot destination for wealth migration, Barclays boss says. Wealth & Asset Management Gulf wealth managers prepare for consolidation in 2025 News Aggregation Team Tuesday, February 18, 2025 12:00 am http://middleeast.managersofwealth.com/article/49223/gulf-wealth-managers-prepare-for-consolidation-in-2025 The Gulf is the key jurisdiction to watch in 2025, leading this surge of M&A and consolidation. Wealth & Asset Management Vision Bank becomes operational with Finastra's cloud-native, Islamic banking treasury solution News Aggregation Team Thursday, March 20, 2025 12:00 am http://middleeast.managersofwealth.com/article/49377/vision-bank-becomes-operational-with-finastraamp039s-cloud-native-islamic-banking-treasury-solution The cloud deployment aligns with Vision Bank's strategy of improving user experiences while meeting new market demands. FinTech AWS partners with Accenture to bring its Cloud Institute to KSA and UAE News Aggregation Team Tuesday, March 18, 2025 12:00 am http://middleeast.managersofwealth.com/article/49363/aws-partners-with-accenture-to-bring-its-cloud-institute-to-ksa-and-uae The KSA and UAE edition comprises a nine-course training program with both e-learning and live instructor-led sessions, and features over 150 interactive labs FinTech Crypto payments outfit Ripple secures key Dubai licence News Aggregation Team Monday, March 17, 2025 12:00 am http://middleeast.managersofwealth.com/article/49352/crypto-payments-outfit-ripple-secures-key-dubai-licence The entity, a leader in enterprise blockchain and crypto solutions, will be the first blockchain-enabled payments provider licensed by the DFSA FinTech SME BankDhofar partners with Smartech to launch advanced POS solutions for SMEs News Team Monday, March 17, 2025 12:00 am http://middleeast.managersofwealth.com/article/49356/sme-bankdhofar-partners-with-smartech-to-launch-advanced-pos-solutions-for-smes This helps businesses maintain accurate financial records and gain better control over their cash flow FinTech Doha Bank unveils fintech, innovation hub to drive QNV 2030 News Aggregation Team Monday, March 17, 2025 12:00 am http://middleeast.managersofwealth.com/article/49357/doha-bank-unveils-fintech-innovation-hub-to-drive-qnv-2030 Doha Bank’s award-winning digital portal has already established a strong foundation for fintech partnerships FinTech Oman sovereign wealth fund invests in US biotech firm Tidal Vision News Aggregation Team Thursday, March 13, 2025 12:00 am http://middleeast.managersofwealth.com/article/49338/oman-sovereign-wealth-fund-invests-in-us-biotech-firm-tidal-vision Fund among investors in Tidal’s $140 million fundraising FinTech Serenity launches world-first Biometric-Secured Blockchain Card News Team Friday, March 07, 2025 12:00 am http://middleeast.managersofwealth.com/article/49310/serenity-launches-world-first-biometric-secured-blockchain-card DeDaSP specialist revolutionizes secure data storage with sAxess FinTech Emirates NBD enters the digital asset space offering crypto on the Liv X App News Team Friday, March 07, 2025 12:00 am http://middleeast.managersofwealth.com/article/49312/emirates-nbd-enters-the-digital-asset-space-offering-crypto-on-the-liv-x-app New crypto offering, launched in partnership with Aquanow, strengthens the Group’s innovation arm and its vision of being a pioneer in combining innovation and trust FinTech SC Ventures partners with Visa to support SME growth and innovation in the MENA region News Team Monday, March 03, 2025 12:00 am http://middleeast.managersofwealth.com/article/49284/sc-ventures-partners-with-visa-to-support-sme-growth-and-innovation-in-the-mena-region The SME sector in the Middle East is evolving, with businesses moving beyond traditional industries such as trading and construction FinTech MoneyHash named a UAE Future 100 winner, recognized for driving innovation in the fintech sector News Team Monday, March 03, 2025 12:00 am http://middleeast.managersofwealth.com/article/49285/moneyhash-named-a-uae-future-100-winner-recognized-for-driving-innovation-in-the-fintech-sector The company's unified API and streamlined checkout experience address the complexities of payment infrastructure in the MEA region, empowering businesses to thrive FinTech Gulf banks seal refinancing trades News Aggregation Team Wednesday, March 19, 2025 12:00 am http://middleeast.managersofwealth.com/article/49369/gulf-banks-seal-refinancing-trades Emirates Islamic Bank is well-liked by investors, including international investors. Islamic Finance Gulf Islamic Investments to double investment in the US News Aggregation Team Wednesday, March 19, 2025 12:00 am http://middleeast.managersofwealth.com/article/49370/gulf-islamic-investments-to-double-investment-in-the-us Company is exploring private equity and private debt opportunities in range of sectors Islamic Finance Islamic Finance Shows Potential in Central Asia as GCC Ties Deepen News Team Wednesday, March 05, 2025 12:00 am http://middleeast.managersofwealth.com/article/49297/islamic-finance-shows-potential-in-central-asia-as-gcc-ties-deepen Islamic banks are not covered as part of the deposit protection scheme in many Central Asian countries, which could negatively affect confidence. Islamic Finance WFW deal honoured with three awards by Islamic Finance News News Team Friday, February 28, 2025 12:00 am http://middleeast.managersofwealth.com/article/49280/wfw-deal-honoured-with-three-awards-by-islamic-finance-news The transaction was celebrated in IFN’s Deals of the Year special issue, winning the ‘Cross Border’, ‘Structured Finance’, and ‘Europe’ Deal of the Year 2024 awards. Islamic Finance Islamic treasury sukuk auction for February 2025 attracts bids worth AED 7.1bln News Team Thursday, February 27, 2025 12:00 am http://middleeast.managersofwealth.com/article/49272/islamic-treasury-sukuk-auction-for-february-2025-attracts-bids-worth-aed-71bln Marking an oversubscription of 6.5 times Islamic Finance Dubai Islamic Bank publishes its first sustainability-linked finance facilities financing framework News Team Wednesday, February 26, 2025 12:00 am http://middleeast.managersofwealth.com/article/49264/dubai-islamic-bank-publishes-its-first-sustainability-linked-finance-facilities-financing-framework The first for any Islamic bank globally Islamic Finance ADIB becomes the first bank in the UAE to launch a banking experience on Apple Vision Pro as part of its 2035 vision News Team Wednesday, February 26, 2025 12:00 am http://middleeast.managersofwealth.com/article/49265/adib-becomes-the-first-bank-in-the-uae-to-launch-a-banking-experience-on-apple-vision-pro-as-part-of-its-2035-vision First Bank in the UAE to Offer a Mixed-Reality Immersive Banking Experience Islamic Finance ADIB-Egypt’s strategy, future vision to strengthen its market position are on right track: CEO News Aggregation Team Monday, February 17, 2025 12:00 am http://middleeast.managersofwealth.com/article/49211/adib-egyptamprsquos-strategy-future-vision-to-strengthen-its-market-position-are-on-right-track-ceo Our outstanding financial performance reflects a strong commitment to comprehensive growth. Islamic Finance NBO Muzn Islamic Banking introduces corporate running Wakala Financing solution News Team Wednesday, January 29, 2025 12:00 am http://middleeast.managersofwealth.com/article/49122/nbo-muzn-islamic-banking-introduces-corporate-running-wakala-financing-solution This solution empowers businesses of all sizes by addressing their critical working capital needs, receivable financing, and other funding requirements Islamic Finance ADIB Launches Money Management Tracker, Offering Customers Greater Insight Into Spending News Aggregation Team Friday, January 24, 2025 12:00 am http://middleeast.managersofwealth.com/article/49098/adib-launches-money-management-tracker-offering-customers-greater-insight-into-spending This feature looks to empower customers to make more informed financial decisions Islamic Finance Deloitte Middle East report: Gulf SWFs lead global growth as assets forecast to reach $18trln by 2030 News Team Friday, March 21, 2025 12:00 am http://middleeast.managersofwealth.com/article/49385/deloitte-middle-east-report-gulf-swfs-lead-global-growth-as-assets-forecast-to-reach-18trln-by-2030 Gulf SWFs invested $82bn in 2023 and another $55bn in just the first nine months of 2024, representing two-thirds of all new SWF activity Research, Comment and Analysis Saudi Arabia dominates Forbes’ 2025 list of MENA’s most valuable banks News Aggregation Team Thursday, March 20, 2025 12:00 am http://middleeast.managersofwealth.com/article/49380/saudi-arabia-dominates-forbesamprsquo-2025-list-of-menaamprsquos-most-valuable-banks Al-Rajhi Bank retained its position as the region’s most valuable bank, leading with a market capitalization of $105.6 billion Research, Comment and Analysis 1 in 5 GCC organisations planning to grow headcount in 2025 News Aggregation Team Tuesday, March 18, 2025 12:00 am http://middleeast.managersofwealth.com/article/49362/1-in-5-gcc-organisations-planning-to-grow-headcount-in-2025 2025 will be a key year for those transformations, with the GCC set to navigate a number of important economic Research, Comment and Analysis S&P Upgrades Saudi Arabia, Yet Enthusiasm Diminishes News Aggregation Team Tuesday, March 18, 2025 12:00 am http://middleeast.managersofwealth.com/article/49360/sampampp-upgrades-saudi-arabia-yet-enthusiasm-diminishes The report also praises the government for cutting back on some megaprojects Research, Comment and Analysis Saudi bank earnings aided by lower interest rates, despite liquidity tightening News Team Thursday, March 13, 2025 12:00 am http://middleeast.managersofwealth.com/article/49345/saudi-bank-earnings-aided-by-lower-interest-rates-despite-liquidity-tightening Net income at banks in Saudi Arabia improved to SAR21.5 billion in 4Q24 Research, Comment and Analysis Qatar Chamber announces economic entity to boost private sector investments between Qatar and Sudan News Aggregation Team Wednesday, March 12, 2025 12:00 am http://middleeast.managersofwealth.com/article/49332/qatar-chamber-announces-economic-entity-to-boost-private-sector-investments-between-qatar-and-sudan The economic entity aims to bolster economic integration between Africa and the Gulf countries Research, Comment and Analysis Egypt’s annual inflation drops sharply to 12.8% News Aggregation Team Tuesday, March 11, 2025 12:00 am http://middleeast.managersofwealth.com/article/49326/egyptamprsquos-annual-inflation-drops-sharply-to-128 Egypt’s economic foundations have been showing positive results. Research, Comment and Analysis Tourism growth bolsters Qatar’s surging retail demand News Aggregation Team Monday, March 10, 2025 12:00 am http://middleeast.managersofwealth.com/article/49322/tourism-growth-bolsters-qataramprsquos-surging-retail-demand The report highlights that Doha’s 19 largest malls currently offer nearly 1.5 million sq m of gross leasable area Research, Comment and Analysis Dubai as global capital destination’: Whitepaper on wealth management outlines opportunities for Indian investors News Aggregation Team Monday, March 10, 2025 12:00 am http://middleeast.managersofwealth.com/article/49324/dubai-as-global-capital-destinationamprsquo-whitepaper-on-wealth-management-outlines-opportunities-for-indian-investors The whitepaper indicates that Dubai is becoming a prime location for Indian Family Offices due to its financial advantages and strategic location. Research, Comment and Analysis HSBC Global Research expects MENAT GDP to reach almost $4 trillion by year-end News Aggregation Team Thursday, March 06, 2025 12:00 am http://middleeast.managersofwealth.com/article/49298/hsbc-global-research-expects-menat-gdp-to-reach-almost-4-trillion-by-year-end Public and private markets are reshaping investment and capital flows with the Middle East and Asia emerging as the new center of gravity. Research, Comment and Analysis NBB expands mortgage financing for Bahraini expats in Saudi Arabia, UAE News Aggregation Team Thursday, March 13, 2025 12:00 am http://middleeast.managersofwealth.com/article/49341/nbb-expands-mortgage-financing-for-bahraini-expats-in-saudi-arabia-uae As part of NBB's dedication to providing comprehensive and accessible housing solutions, the bank is leveraging its strong presence in Saudi Arabia and the UAE to assist clients in securing their ideal property in their homeland Investment Bank EFG Hermes completes advisory on $333mln IPO of Asyad Shipping Company on the Muscat Stock Exchange News Team Wednesday, March 12, 2025 12:00 am http://middleeast.managersofwealth.com/article/49334/efg-hermes-completes-advisory-on-333mln-ipo-of-asyad-shipping-company-on-the-muscat-stock-exchange Asyad Shipping offered a total of 20% of its total issued share capital Investment Bank QNB Capital named Best Investment Bank in Qatar 2025 by Global Finance News Aggregation Team Friday, March 07, 2025 12:00 am http://middleeast.managersofwealth.com/article/49314/qnb-capital-named-best-investment-bank-in-qatar-2025-by-global-finance This award is a testament to our unwavering dedication to delivering innovative financial solutions Investment Bank UAE's FAB prepares overhaul, picks Citi veteran as new investment banking head, sources say News Aggregation Team Thursday, March 06, 2025 12:00 am http://middleeast.managersofwealth.com/article/49306/uaeamp039s-fab-prepares-overhaul-picks-citi-veteran-as-new-investment-banking-head-sources-say As part of the reorganisation, FAB is set to hire Citi dealmaking veteran Linos Lekkas as its new head of investment banking, the sources said Investment Bank Bank of Bahrain and Kuwait partners with JP Morgan Chase News Aggregation Team Thursday, February 27, 2025 12:00 am http://middleeast.managersofwealth.com/article/49269/bank-of-bahrain-and-kuwait-partners-with-jp-morgan-chase In addition, the system automates complex processes to facilitate faster and more secure cross-border transactions. Investment Bank EFG Hermes successfully completes USD 2.84bln marketed offering of ADNOC Gas shares on behalf of ADNOC News Team Tuesday, February 25, 2025 12:00 am http://middleeast.managersofwealth.com/article/49254/efg-hermes-successfully-completes-usd-284bln-marketed-offering-of-adnoc-gas-shares-on-behalf-of-adnoc The transaction, which involved the sale of approximately 3.1 billion shares representing a 4% stake in ADNOC Gas and valued at USD 2.84 billion, marks the first-ever marketed offering in the UAE and the largest placement on the ADX to date Investment Bank Turkish export credit bank in 2024 financed $7.8 billion News Aggregation Team Thursday, January 16, 2025 12:00 am http://middleeast.managersofwealth.com/article/49054/turkish-export-credit-bank-in-2024-financed-78-billion These developments made FX deposits more attractive among other commercial loans for exporters Investment Bank Al Ahly Pharos closes advisory on Capital Securitization’s $99mln securitization issue News Aggregation Team Friday, January 03, 2025 12:00 am http://middleeast.managersofwealth.com/article/48989/al-ahly-pharos-closes-advisory-on-capital-securitizationamprsquos-99mln-securitization-issue This transaction was implemented in cooperation with NBE, Arab African International Bank, and Suez Canal Bank who acted as the transaction’s underwriters Investment Bank EFG Hermes Closes EGP 1.78 Billion Securitization Deal for Bedaya Mortgage Finance News Aggregation Team Monday, December 30, 2024 12:00 am http://middleeast.managersofwealth.com/article/48972/efg-hermes-closes-egp-178-billion-securitization-deal-for-bedaya-mortgage-finance The issuance comes as their fifth since inception and the third in a wider EGP 10.0 billion program. Investment Bank Citibank honours QIIB with ‘Excellence in Straight Through Processing Payments’ award News Aggregation Team Monday, December 09, 2024 12:00 am http://middleeast.managersofwealth.com/article/48863/citibank-honours-qiib-with-amplsquoexcellence-in-straight-through-processing-paymentsamprsquo-award Citibank explained that the award was granted to QIIB in recognition of its outstanding performance Investment Bank 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 Bloomberg Intelligence Report highlights MENA’s growing sustainable finance market News Team Friday, December 06, 2024 12:00 am http://middleeast.managersofwealth.com/article/48856/bloomberg-intelligence-report-highlights-menaamprsquos-growing-sustainable-finance-market COP 28 accelerated sustainable finance issuances in MENA Planet SOS Salik named Official Mobility Partner of the 2024 Future Sustainability Forum News Team Thursday, December 05, 2024 12:00 am http://middleeast.managersofwealth.com/article/48844/salik-named-official-mobility-partner-of-the-2024-future-sustainability-forum Cementing Salik’s commitment in green mobility solutions Planet SOS