Managers of Wealth - Middle East http://middleeast.managersofwealth.com/ Fri, 08 Aug 2025 07:33:41 BST part of MediaG8way Group http://middleeast.managersofwealth.com/ http://middleeast.managersofwealth.com/assets/images/logo.png Managers of Wealth - Middle East KohanaPHP AES nabs Nedbank’s Bates for chief exec role News Aggregation Team Thursday, August 07, 2025 1:00 am http://middleeast.managersofwealth.com/article/50120/aes-nabs-nedbankamprsquos-bates-for-chief-exec-role Bates joins Private Wealth and Family Office in Dubai On the Move AES appoints Andrew Bates as CEO of AES Private Wealth and Family Office News Team Wednesday, August 06, 2025 1:00 am http://middleeast.managersofwealth.com/article/50108/aes-appoints-andrew-bates-as-ceo-of-aes-private-wealth-and-family-office Strengthening commitment to globally minded families in MENA On the Move Bank of Sharjah appoints Paul Cox as Chief Retail Banking Officer News Team Wednesday, August 06, 2025 1:00 am http://middleeast.managersofwealth.com/article/50112/bank-of-sharjah-appoints-paul-cox-as-chief-retail-banking-officer Marking a strategic move to strengthen the Bank’s retail and wealth management capabilities On the Move Baker Tilly welcomes new member firm in the UAE News Aggregation Team Friday, August 01, 2025 1:00 am http://middleeast.managersofwealth.com/article/50080/baker-tilly-welcomes-new-member-firm-in-the-uae With the UAE market playing a pivotal role in its Middle East operations, Baker Tilly’s top leadership needed to move swiftly behind the scenes to address the gap. On the Move PwC Middle East announces Riyadh Al Najjar’s appointment to the PwC Global Board News Team Thursday, July 31, 2025 1:00 am http://middleeast.managersofwealth.com/article/50071/pwc-middle-east-announces-riyadh-al-najjaramprsquos-appointment-to-the-pwc-global-board The PwC Global Board plays a key role in shaping the firm’s strategic direction, providing guidance on key global initiatives, and ensuring alignment across territories to drive sustainable growth and transformation On the Move UBS Appoints New Market Head of Wealth Management in Israel News Aggregation Team Wednesday, July 30, 2025 1:00 am http://middleeast.managersofwealth.com/article/50064/ubs-appoints-new-market-head-of-wealth-management-in-israel Following the departure of a manager, the bank is establishing unified leadership. On the Move HSBC names Mohammed Fannouch co-head of capital markets and advisory for MENAT region News Aggregation Team Tuesday, July 29, 2025 1:00 am http://middleeast.managersofwealth.com/article/50057/hsbc-names-mohammed-fannouch-co-head-of-capital-markets-and-advisory-for-menat-region Fannouch, who joined HSBC in 2008, will continue to be based in Saudi Arabia's capital Riyadh, where he most recently served as co-head of the investment banking franchise in the kingdom On the Move In-demand Goldman Sachs London MD leaves for Abu Dhabi fund News Aggregation Team Friday, July 25, 2025 1:00 am http://middleeast.managersofwealth.com/article/50041/in-demand-goldman-sachs-london-md-leaves-for-abu-dhabi-fund He joined the firm from Goldman Sachs, where he spent eight years, and was most recently a managing director in its new Capital Solutions Group – an umbrella that cover bankers specializing in private equity and credit work. On the Move Bain & Company announces senior leadership appointments in its Enterprise Technology practice News Team Friday, July 25, 2025 1:00 am http://middleeast.managersofwealth.com/article/50042/bain-ampamp-company-announces-senior-leadership-appointments-in-its-enterprise-technology-practice Delivering accelerated business transformations by leveraging the most advanced technology platforms and solutions On the Move Dow Jones appoints Anand Joawn as General Manager, Middle East News Team Friday, July 25, 2025 1:00 am http://middleeast.managersofwealth.com/article/50047/dow-jones-appoints-anand-joawn-as-general-manager-middle-east A newly created leadership position designed to spearhead the company’s ambitious expansion On the Move UAE Central Bank penalizes finance firm Dh600,000 for regulatory violations News Aggregation Team Thursday, August 07, 2025 1:00 am http://middleeast.managersofwealth.com/article/50121/uae-central-bank-penalizes-finance-firm-dh600000-for-regulatory-violations Firm failed to comply with Market Conduct, Consumer Protection Regulations and Standards Legal, Tax, Regulation & Compliance 17% of Jordanian programme completed to boost digital services transformation — WB News Aggregation Team Thursday, August 07, 2025 1:00 am http://middleeast.managersofwealth.com/article/50119/17-of-jordanian-programme-completed-to-boost-digital-services-transformation-ampmdash-wb The programme is financed through two main components: a $321 million World Bank loan and a $29 million trust fund grant Legal, Tax, Regulation & Compliance Egypt’s net international reserves hit record $49.04bn in July: CBE News Aggregation Team Wednesday, August 06, 2025 1:00 am http://middleeast.managersofwealth.com/article/50110/egyptamprsquos-net-international-reserves-hit-record-4904bn-in-july-cbe This marks the highest level of foreign currency reserves ever recorded in Egypt Legal, Tax, Regulation & Compliance Saudi central bank submits new banking draft law to legislative authorities News Aggregation Team Wednesday, August 06, 2025 1:00 am http://middleeast.managersofwealth.com/article/50115/saudi-central-bank-submits-new-banking-draft-law-to-legislative-authorities The banking sector was highlighted for its strong capitalization, with a solvency ratio of 19.6% at the end of 2024 Legal, Tax, Regulation & Compliance UAE Central Bank fines exchange house Dh10.7 million News Aggregation Team Monday, August 04, 2025 1:00 am http://middleeast.managersofwealth.com/article/50094/uae-central-bank-fines-exchange-house-dh107-million The exchange house failed to comply with the AML/CFT policies Legal, Tax, Regulation & Compliance Rakbank becomes the first UAE bank to offer crypto trading for retail News Aggregation Team Wednesday, July 30, 2025 1:00 am http://middleeast.managersofwealth.com/article/50068/rakbank-becomes-the-first-uae-bank-to-offer-crypto-trading-for-retail Rakbank became the first traditional bank in the UAE to enable crypto trading for retail users through its mobile app, powered by Bitpanda. Legal, Tax, Regulation & Compliance Banque Misr Signs Cooperation Protocol with Dubizzle to Support Real Estate Finance Services News Team Tuesday, July 29, 2025 1:00 am http://middleeast.managersofwealth.com/article/50058/banque-misr-signs-cooperation-protocol-with-dubizzle-to-support-real-estate-finance-services The bank always strives to enhance the excellence of its services and maintain its long-term success Legal, Tax, Regulation & Compliance Central Bank of Egypt offers debt instruments on Monday News Aggregation Team Monday, July 28, 2025 1:00 am http://middleeast.managersofwealth.com/article/50054/central-bank-of-egypt-offers-debt-instruments-on-monday The first auction was valued at $553mln and will mature in 91 days on October 28, 2025 Legal, Tax, Regulation & Compliance Ex-Turkish central bank governor Süreyya Serdengeçti passes away at 73 News Aggregation Team Monday, July 28, 2025 1:00 am http://middleeast.managersofwealth.com/article/50055/ex-turkish-central-bank-governor-sampuumlreyya-serdengeampccedilti-passes-away-at-73 He held several other positions before being appointed as the governor of the central bank in March 2001 Legal, Tax, Regulation & Compliance KPMG in Qatar welcomes class of 2025: Building the next generation of business leaders News Team Tuesday, July 22, 2025 1:00 am http://middleeast.managersofwealth.com/article/50021/kpmg-in-qatar-welcomes-class-of-2025-building-the-next-generation-of-business-leaders Reaffirming the firm’s long-standing commitment to talent development Legal, Tax, Regulation & Compliance Khaleeji Bank reports net profit attributable to shareholders of BD5.614mln for H1 2025 News Team Thursday, August 07, 2025 1:00 am http://middleeast.managersofwealth.com/article/50117/khaleeji-bank-reports-net-profit-attributable-to-shareholders-of-bd5614mln-for-h1-2025 For the six‑month period ended 30th June 2025 Retail Banking Why UAE, Saudi, Qatari banks are giving out more loans at lower interest rates News Aggregation Team Thursday, August 07, 2025 1:00 am http://middleeast.managersofwealth.com/article/50123/why-uae-saudi-qatari-banks-are-giving-out-more-loans-at-lower-interest-rates Emirates NBD, FAB, Al Rajhi raise guidance as easing rates fuel loan and income growth Retail Banking Bahrain Development Bank bags two wins at Asian Banking & Finance Retail Banking Awards 2025 News Aggregation Team Wednesday, August 06, 2025 1:00 am http://middleeast.managersofwealth.com/article/50109/bahrain-development-bank-bags-two-wins-at-asian-banking-ampamp-finance-retail-banking-awards-2025 BDB addresses short-term liquidity challenges as well with its Invoice Discounting via the digital platform tijara. Retail Banking Banking consortium grants $127mln syndicated loan to Mountain View for East Cairo project News Aggregation Team Tuesday, August 05, 2025 1:00 am http://middleeast.managersofwealth.com/article/50098/banking-consortium-grants-127mln-syndicated-loan-to-mountain-view-for-east-cairo-project The funds will partially finance the investment costs of Mountain View’s real estate project in East Cairo, which has an estimated total development value of $296mln Retail Banking Alfardan Exchange wins Arab Banks Awards & Commendations of Excellence 2025 News Aggregation Team Tuesday, August 05, 2025 1:00 am http://middleeast.managersofwealth.com/article/50104/alfardan-exchange-wins-arab-banks-awards-ampamp-commendations-of-excellence-2025 These efforts support the company’s vision to be the premier choice for financial services in Qatar. Retail Banking UAE's Largest Bank FAB Relocates to New London Address Cementing 48-Year Legacy in the UK News Team Monday, August 04, 2025 1:00 am http://middleeast.managersofwealth.com/article/50088/uaeamp039s-largest-bank-fab-relocates-to-new-london-address-cementing-48-year-legacy-in-the-uk The new relocation celebrates FAB's nearly five-decade presence in the UK and affirms the bank's commitment to London as a key global financial hub. Retail Banking Ithmaar Bank announces half-year profits News Team Monday, August 04, 2025 1:00 am http://middleeast.managersofwealth.com/article/50091/ithmaar-bank-announces-half-year-profits Announced its financial results for the six-month period ended 30 June 2025 Retail Banking Gulf Bank transitions entire recruitment process to a fully digital experience News Aggregation Team Monday, August 04, 2025 1:00 am http://middleeast.managersofwealth.com/article/50092/gulf-bank-transitions-entire-recruitment-process-to-a-fully-digital-experience Shift streamlines the recruitment journey, making it more efficient and user-friendly Retail Banking FABMISR launches "Al Oula" – A milestone for women's financial empowerment News Team Monday, August 04, 2025 1:00 am http://middleeast.managersofwealth.com/article/50096/fabmisr-launches-ampquotal-oulaampquot-ampndash-a-milestone-for-womenamp039s-financial-empowerment Al Oula stands at the forefront of government efforts, further contributing to the empowerment of the 12 million women Retail Banking Khaleeji Bank announces exclusive offers for clients applying to transfer their credit card balances News Team Friday, August 01, 2025 1:00 am http://middleeast.managersofwealth.com/article/50083/khaleeji-bank-announces-exclusive-offers-for-clients-applying-to-transfer-their-credit-card-balances Includes a 0% profit rate for 6 months and cashback of up to 3% Retail Banking This marks the highest level of foreign currency reserves ever recorded in Egypt News Aggregation Team Wednesday, August 06, 2025 1:00 am http://middleeast.managersofwealth.com/article/50113/this-marks-the-highest-level-of-foreign-currency-reserves-ever-recorded-in-egypt Its British subsidiary London Square contributed USD 156 million in the first half. Alternative Investments B2B opens a new window into Egypt’s real estate market through the gateway of Oman News Team Wednesday, August 06, 2025 1:00 am http://middleeast.managersofwealth.com/article/50114/b2b-opens-a-new-window-into-egyptamprsquos-real-estate-market-through-the-gateway-of-oman B2B decided to take a different path by turning its focus to the Omani market Alternative Investments EQIQ unveils Boxy after a year in stealth News Team Tuesday, August 05, 2025 1:00 am http://middleeast.managersofwealth.com/article/50099/eqiq-unveils-boxy-after-a-year-in-stealth $1.5M Pre-seed investment to disrupt Iraq’s logistics sector Alternative Investments Qatari investors group's profits rise by 1.48% News Aggregation Team Tuesday, August 05, 2025 1:00 am http://middleeast.managersofwealth.com/article/50105/qatari-investors-groupamp039s-profits-rise-by-148 The Group's financial statements, published on the Qatar Stock Exchange website on Monday Alternative Investments Solidarity Bahrain raises BD 12mln through preference share issuance News Team Monday, August 04, 2025 1:00 am http://middleeast.managersofwealth.com/article/50093/solidarity-bahrain-raises-bd-12mln-through-preference-share-issuance First Sharia-compliant Tier 1 capital instrument in Bahrain Alternative Investments UAE investors now prefer gold bars - less of cash News Aggregation Team Friday, August 01, 2025 1:00 am http://middleeast.managersofwealth.com/article/50081/uae-investors-now-prefer-gold-bars-less-of-cash Gold bars are the favourite choice, whether in physical form or tokenized: HSBC Alternative Investments Abu Dhabi office market displays strength amid record occupancy and rental growth, reports Savills News Team Friday, August 01, 2025 1:00 am http://middleeast.managersofwealth.com/article/50085/abu-dhabi-office-market-displays-strength-amid-record-occupancy-and-rental-growth-reports-savills Tight supply and rising demand push occupancy and rental rates for Grade A spaces to record highs Alternative Investments Oman joins World Free Zones Organization to shore more foreign investment News Aggregation Team Friday, August 01, 2025 1:00 am http://middleeast.managersofwealth.com/article/50086/oman-joins-world-free-zones-organization-to-shore-more-foreign-investment Membership will support efforts to improve operational efficiency and develop more targeted marketing strategies Alternative Investments Barwa Real Estate posts net profit of QR560m in H1 News Aggregation Team Thursday, July 31, 2025 1:00 am http://middleeast.managersofwealth.com/article/50073/barwa-real-estate-posts-net-profit-of-qr560m-in-h1 The results showed a net profit of QR560m attributable to the shareholders of the parent, compared to a net profit of QR557m during the same period of the previous year. Alternative Investments Kuwait's KFH reports net profit of $1.11bln for H1 2025 News Aggregation Team Thursday, July 31, 2025 1:00 am http://middleeast.managersofwealth.com/article/50078/kuwaitamp039s-kfh-reports-net-profit-of-111bln-for-h1-2025 Earnings ‎per share for the first half of 2025 reached 19.23 fils Alternative Investments How private banking expertise and brokerage excellence are building lasting success for 18 Bricks News Aggregation Team Monday, July 28, 2025 1:00 am http://middleeast.managersofwealth.com/article/50048/how-private-banking-expertise-and-brokerage-excellence-are-building-lasting-success-for-18-bricks Former private banker, star broker and CEO, Mohamed Rafik shares how he built up 18 Bricks Wealth & Asset Management Wealth Management firm Affinity opens Dubai office News Aggregation Team Friday, July 25, 2025 1:00 am http://middleeast.managersofwealth.com/article/50040/wealth-management-firm-affinity-opens-dubai-office Firm has established base in Jersey Wealth & Asset Management Eton Solutions Announces Strategic Partnership with Asas Capital to Launch ‘Family Office as a Service’ in the Middle East News Team Thursday, July 24, 2025 1:00 am http://middleeast.managersofwealth.com/article/50035/eton-solutions-announces-strategic-partnership-with-asas-capital-to-launch-amplsquofamily-office-as-a-serviceamprsquo-in-the-middle-east This collaboration will launch the Middle East’s first “Family Office as a Service” platform, combining Asas Capital’s regional expertise with Eton’s cutting-edge ERP technology to transform wealth management for ultra-high Wealth & Asset Management Affinity Expands Into the Middle East with New Office in the DIFC News Aggregation Team Thursday, July 24, 2025 1:00 am http://middleeast.managersofwealth.com/article/50036/affinity-expands-into-the-middle-east-with-new-office-in-the-difc The DIFC allows us to be present, available and more connected to many of the families and advisers we already work with Wealth & Asset Management Standard Chartered: UAE leads key markets in HNW allocation to sustainable investments News Team Wednesday, July 23, 2025 1:00 am http://middleeast.managersofwealth.com/article/50028/standard-chartered-uae-leads-key-markets-in-hnw-allocation-to-sustainable-investments UAE investors allocate the highest share of their portfolios to sustainable investments among eight markets surveyed globally for new report Wealth & Asset Management UBS, Rand Merchant Bank lead financial adviser M&A rankings in MEA for H1 2025 News Aggregation Team Tuesday, July 22, 2025 1:00 am http://middleeast.managersofwealth.com/article/50020/ubs-rand-merchant-bank-lead-financial-adviser-mampampa-rankings-in-mea-for-h1-2025 UBS topped by value, with $1.6bn in advised deals, while Rand Merchant Bank led by volume, with four deals to its credit. Wealth & Asset Management Asia and the Middle East both see significant growth in 2024 of HNW international life insurance new business sales News Team Thursday, July 17, 2025 1:00 am http://middleeast.managersofwealth.com/article/49992/asia-and-the-middle-east-both-see-significant-growth-in-2024-of-hnw-international-life-insurance-new-business-sales The study shows that HNW international life insurance new business sales in Asia grew by 6% to £7.8 billion in 2024, up from £7.4 billion in 2023. Wealth & Asset Management PIMCO Announces New Partnership with Aditum in the United Arab Emirates News Team Thursday, July 10, 2025 1:00 am http://middleeast.managersofwealth.com/article/49960/pimco-announces-new-partnership-with-aditum-in-the-united-arab-emirates Aditum Launches Two Funds Offering Access to PIMCO Strategies Wealth & Asset Management GCC wealth management landscape is shifting to address investor concerns around agility and technology News Team Thursday, July 10, 2025 1:00 am http://middleeast.managersofwealth.com/article/49965/gcc-wealth-management-landscape-is-shifting-to-address-investor-concerns-around-agility-and-technology Nearly 55% of GCC clients reported arranging more advisor meetings in response to market volatility, well above the global average. Wealth & Asset Management Family Office Summit’s Obediah Ayton on trends impacting generational wealth transfer News Aggregation Team Thursday, July 03, 2025 1:00 am http://middleeast.managersofwealth.com/article/49927/family-office-summitamprsquos-obediah-ayton-on-trends-impacting-generational-wealth-transfer The chair of the summit shares insights, ranging from next-gen leadership and gender diversity to wealth tech and sustainability Wealth & Asset Management Tarabut Secures In-Principle Approval from the Central Bank of the UAE, Marking a Milestone for Embedded Finance and Financial Inclusion News Team Wednesday, August 06, 2025 1:00 am http://middleeast.managersofwealth.com/article/50116/tarabut-secures-in-principle-approval-from-the-central-bank-of-the-uae-marking-a-milestone-for-embedded-finance-and-financial-inclusion With this approval, Tarabut becomes the first regional fintech to be licensed under Open Finance FinTech DIB partners with Visa News Team Tuesday, August 05, 2025 1:00 am http://middleeast.managersofwealth.com/article/50107/dib-partners-with-visa To become first bank globally to offer real-time transfers to 11bln cards, wallets and accounts FinTech QFC report highlights requirements for advancing real-world asset tokenisation News Team Monday, August 04, 2025 1:00 am http://middleeast.managersofwealth.com/article/50090/qfc-report-highlights-requirements-for-advancing-real-world-asset-tokenisation Underscores the need for coordinated, forward-looking regulatory frameworks and multi-stakeholder cooperation FinTech TELUS Digital expands into the Middle East with opening of Dubai office News Aggregation Team Friday, August 01, 2025 1:00 am http://middleeast.managersofwealth.com/article/50082/telus-digital-expands-into-the-middle-east-with-opening-of-dubai-office TELUS Digital is a certified partner of numerous major technology vendors, including Salesforce, ServiceNow, Adobe, Appian and cloud providers. FinTech UAE’s Mubadala Capital invests in US AI firm Anaconda's $150mln Series C News Aggregation Team Friday, August 01, 2025 1:00 am http://middleeast.managersofwealth.com/article/50087/uaeamprsquos-mubadala-capital-invests-in-us-ai-firm-anacondaamp039s-150mln-series-c Mubadala’s portfolio of AI investments include G42 and Space42 FinTech IBM report: Data breach costs drop 18% in the Middle East, reaching SAR 27mln in 2025 News Team Thursday, July 31, 2025 1:00 am http://middleeast.managersofwealth.com/article/50072/ibm-report-data-breach-costs-drop-18-in-the-middle-east-reaching-sar-27mln-in-2025 IBM’s annual Cost of a Data Breach report reveals AI adoption, encryption and DevSecOps strategies helped reduce breach costs – but financial, energy and healthcare sectors remain most exposed FinTech EazyPay, Mastercard boost B2B payments in Bahrain News Aggregation Team Thursday, July 31, 2025 1:00 am http://middleeast.managersofwealth.com/article/50077/eazypay-mastercard-boost-b2b-payments-in-bahrain Tailored to optimise virtual card transactions, the platform automates receivables for merchants, replacing time-consuming manual processes with seamless, straight-through payment flows. FinTech Lean Technologies receives IPA from the Central Bank of the UAE News Aggregation Team Tuesday, July 29, 2025 1:00 am http://middleeast.managersofwealth.com/article/50061/lean-technologies-receives-ipa-from-the-central-bank-of-the-uae Following this announcement, the approval will enable Lean Technologies to provide Open Finance solutions in the UAE FinTech Wipro wins Multi-Year “Smart Grid” deal from Saudi Electric Company News Team Friday, July 25, 2025 1:00 am http://middleeast.managersofwealth.com/article/50045/wipro-wins-multi-year-ampldquosmart-gridamprdquo-deal-from-saudi-electric-company Wipro will implement a Smart Meter Data Management (MDM) system for the transmission network to modernize the client’s meter data platform FinTech CBUAE and Presight launch a technology services-based joint venture News Aggregation Team Thursday, July 24, 2025 1:00 am http://middleeast.managersofwealth.com/article/50039/cbuae-and-presight-launch-a-technology-services-based-joint-venture The new joint venture will deliver sovereign, AI-powered technological platforms FinTech Dubai Islamic Bank surpasses $100b in assets on strong H1 growth News Aggregation Team Thursday, August 07, 2025 1:00 am http://middleeast.managersofwealth.com/article/50122/dubai-islamic-bank-surpasses-100b-in-assets-on-strong-h1-growth Net profit for the six months ended June stood at Dh3.7 billion, a 10% increase from a year earlier Islamic Finance DIB Reports robust H1’25 financial results, with operating revenue of AED6.4bln driving a 16% increase in pre-tax profit to AED4.3bln News Team Wednesday, August 06, 2025 1:00 am http://middleeast.managersofwealth.com/article/50111/dib-reports-robust-h1amprsquo25-financial-results-with-operating-revenue-of-aed64bln-driving-a-16-increase-in-pre-tax-profit-to-aed43bln Double-digit growth in financing and customer deposits Islamic Finance IsDB drives development across over 2 percent of world’s countries News Aggregation Team Monday, August 04, 2025 1:00 am http://middleeast.managersofwealth.com/article/50089/isdb-drives-development-across-over-2-percent-of-worldamprsquos-countries The bank was founded through a visionary initiative led by Saudi King Faisal bin Abdulaziz Islamic Finance Backbase, the global leader in AI-powered banking technology, today announced the recent News Aggregation Team Monday, August 04, 2025 1:00 am http://middleeast.managersofwealth.com/article/50095/backbase-the-global-leader-in-ai-powered-banking-technology-today-announced-the-recent As a digitally focused bank, LIB set out to differentiate itself through an experience-led approach to banking. Islamic Finance QIIB wins 2025 “Leadership Award for Sustainable Islamic Finance” in Qatar News Aggregation Team Wednesday, July 30, 2025 1:00 am http://middleeast.managersofwealth.com/article/50066/qiib-wins-2025-ampldquoleadership-award-for-sustainable-islamic-financeamprdquo-in-qatar The bank was also commended for its pioneering initiatives in developing products that are in line with the principles of sustainable Islamic finance. Islamic Finance Amlak Finance announces early and full settlement of outstanding financing facilities News Team Friday, July 25, 2025 1:00 am http://middleeast.managersofwealth.com/article/50044/amlak-finance-announces-early-and-full-settlement-of-outstanding-financing-facilities Amlak successfully made an early settlement by paying AED 898 million to the six remaining financiers Islamic Finance S&P reaffirms ICIEC’s AA- financial strength and issuer credit rating with Stable outlook News Team Monday, July 21, 2025 1:00 am http://middleeast.managersofwealth.com/article/50014/sampampp-reaffirms-iciecamprsquos-aa-financial-strength-and-issuer-credit-rating-with-stable-outlook This rating remains the highest within its peer group globally Islamic Finance Dubai Islamic Bank arranges $1bln sovereign financing for Government of Pakistan News Aggregation Team Wednesday, July 09, 2025 1:00 am http://middleeast.managersofwealth.com/article/49956/dubai-islamic-bank-arranges-1bln-sovereign-financing-for-government-of-pakistan The five-year facility is an innovative transaction, partially guaranteed by a Policy-Based Guarantee (PBG) from the Asian Development Bank (ADB) — marking the first PBG transaction of its kind undertaken by ADB for the country. Islamic Finance Sukuk issuances: AAOIFI unlikely to implement Standard 62 this year News Aggregation Team Wednesday, July 09, 2025 1:00 am http://middleeast.managersofwealth.com/article/49957/sukuk-issuances-aaoifi-unlikely-to-implement-standard-62-this-year The world of Islamic capital markets is anxiously awaiting the final version of Standard 62, which in its draft exposure emphasised ownership transfer of assets and asked for detailed treatment on hybrid sukuk as well as Tier-1 and Tier-2 capital sukuk Islamic Finance New Milestone for Al Baraka Bank Egypt: Four prestigious awards from EMEA Finance Cement its leadership in Islamic Finance News Team Wednesday, July 02, 2025 1:00 am http://middleeast.managersofwealth.com/article/49925/new-milestone-for-al-baraka-bank-egypt-four-prestigious-awards-from-emea-finance-cement-its-leadership-in-islamic-finance The diversity of awards highlights the bank’s excellence in structured and syndicated finance and Asset Based Securitisation Islamic Finance UAE tops the global race for millionaire migration News Aggregation Team Tuesday, August 05, 2025 1:00 am http://middleeast.managersofwealth.com/article/50097/uae-tops-the-global-race-for-millionaire-migration As high-net-worth individuals flee economic uncertainty and political instability, the Emirates is emerging as the world’s top destination for relocating wealth Research, Comment and Analysis PwC Middle East’s ‘Future Ready MENA’ report, calls for investment in entrepreneurial skills to unlock youth potential News Team Tuesday, August 05, 2025 1:00 am http://middleeast.managersofwealth.com/article/50100/pwc-middle-eastamprsquos-amplsquofuture-ready-menaamprsquo-report-calls-for-investment-in-entrepreneurial-skills-to-unlock-youth-potential Youth across the region are showing strong entrepreneurial intent, with 46% of workers expressing interest in starting their own business Research, Comment and Analysis Knight Frank: Annual residential price growth tops 17% in Abu Dhabi News Team Tuesday, August 05, 2025 1:00 am http://middleeast.managersofwealth.com/article/50102/knight-frank-annual-residential-price-growth-tops-17-in-abu-dhabi Average residential prices rose by 6.4% in Q2 2025 Research, Comment and Analysis New Bain & Company analysis details how buyers can unlock full value from carved-out businesses News Team Wednesday, July 30, 2025 1:00 am http://middleeast.managersofwealth.com/article/50069/new-bain-ampamp-company-analysis-details-how-buyers-can-unlock-full-value-from-carved-out-businesses Buying a divested business can be a strategic way to reshape your portfolio and jump-start growth Research, Comment and Analysis Global growth forecast rises slightly, inflation set to ease by 2026 News Aggregation Team Wednesday, July 30, 2025 1:00 am http://middleeast.managersofwealth.com/article/50070/global-growth-forecast-rises-slightly-inflation-set-to-ease-by-2026 IMF upgrades global economic outlook amid easing tariffs and improving conditions Research, Comment and Analysis Money transfers: UAE expats get fee cuts as currencies drop against dollar News Aggregation Team Monday, July 28, 2025 1:00 am http://middleeast.managersofwealth.com/article/50053/money-transfers-uae-expats-get-fee-cuts-as-currencies-drop-against-dollar With dollar/dirham gaining, UAE expats shop around for best rates - and lowest fees Research, Comment and Analysis Why UAE residents choose gold over their bank savings accounts News Aggregation Team Monday, July 21, 2025 1:00 am http://middleeast.managersofwealth.com/article/50019/why-uae-residents-choose-gold-over-their-bank-savings-accounts More expats are trading low bank returns for gold’s glittering appeal—here’s why Research, Comment and Analysis Middle East Cybersecurity Market Forecast Report 2025-2030 | Government Investments, Cyber-Insurance Demand, Expanding Services, and a Thriving Startup Ecosystem - ResearchAndMarkets.com News Team Friday, July 18, 2025 1:00 am http://middleeast.managersofwealth.com/article/50006/middle-east-cybersecurity-market-forecast-report-2025-2030-government-investments-cyber-insurance-demand-expanding-services-and-a-thriving-startup-ecosystem-researchandmarketscom The Middle East cybersecurity market is projected to grow from USD 16.75 billion in 2025 to USD 26.04 billion by 2030, with a CAGR of 9.2% Research, Comment and Analysis AWS and Deloitte ramp up Middle East alliance and eye $1 billion goal by 2030 News Aggregation Team Wednesday, July 16, 2025 1:00 am http://middleeast.managersofwealth.com/article/49993/aws-and-deloitte-ramp-up-middle-east-alliance-and-eye-1-billion-goal-by-2030 By 2030, the two companies want to have jointly delivered $1 billion worth of services. Research, Comment and Analysis Pamela Thomson-Hall on WTW’s next phase of growth in the Middle East News Aggregation Team Wednesday, July 16, 2025 1:00 am http://middleeast.managersofwealth.com/article/49994/pamela-thomson-hall-on-wtwamprsquos-next-phase-of-growth-in-the-middle-east From my perspective leading international markets, this region presents a unique opportunity to scale broking and consulting businesses with real impact. Research, Comment and Analysis Investment Banking Surge in the GCC: From Oil to Assets News Aggregation Team Tuesday, July 29, 2025 1:00 am http://middleeast.managersofwealth.com/article/50059/investment-banking-surge-in-the-gcc-from-oil-to-assets From Saudi Arabia’s Vision 2030 blueprint to the United Arab Emirates’ digital and green ambitions Investment Bank EIB, Banque Misr to help Egypt-based SMEs post-COVID-19 News Aggregation Team Friday, July 11, 2025 1:00 am http://middleeast.managersofwealth.com/article/49968/eib-banque-misr-to-help-egypt-based-smes-post-covid-19 The EIB financing forms part of the EIB contribution to the Team Europe response to the COVID-19 crisis in the European Union partner countries. Investment Bank EFG Hermes advises on the signing of landmark $190mln investment in Alameda Healthcare by DPI News Team Monday, July 07, 2025 1:00 am http://middleeast.managersofwealth.com/article/49940/efg-hermes-advises-on-the-signing-of-landmark-190mln-investment-in-alameda-healthcare-by-dpi This transaction marks Egypt’s largest private equity healthcare investment to date, reinforcing investor confidence in backing fast-growing platforms in Egypt Investment Bank Eurasian Development Bank raises funds on the UAE Capital Market to finance its investment projects in Central Asia News Team Thursday, July 03, 2025 1:00 am http://middleeast.managersofwealth.com/article/49930/eurasian-development-bank-raises-funds-on-the-uae-capital-market-to-finance-its-investment-projects-in-central-asia This pioneering issuance of AED 200 million was arranged by FAB in partnership with ADFD Investment Bank Mashreq expands global footprint with opening of representative office in Türkiye News Team Thursday, June 26, 2025 1:00 am http://middleeast.managersofwealth.com/article/49895/mashreq-expands-global-footprint-with-opening-of-representative-office-in-tampuumlrkiye With the new office, Mashreq now operates in 15 countries Investment Bank 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 Boubyan Bank releases 2024 Annual Sustainability Report News Team Tuesday, August 05, 2025 1:00 am http://middleeast.managersofwealth.com/article/50101/boubyan-bank-releases-2024-annual-sustainability-report Strategic steps to reinforce Governance and Strengthen ESG Principles Planet SOS Crédit Agricole Egypt and Infinity join forces to accelerate transition to solar energy News Team Thursday, July 24, 2025 1:00 am http://middleeast.managersofwealth.com/article/50037/crampeacutedit-agricole-egypt-and-infinity-join-forces-to-accelerate-transition-to-solar-energy Through this partnership, Infinity’s customers will have access to Crédit Agricole Egypt’s solar loan Planet SOS 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