http://middleeast.managersofwealth.com/ Wed, 18 Sep 2024 10:04:47 BST part of MediaG8way Group http://middleeast.managersofwealth.com/ http://middleeast.managersofwealth.com/assets/images/logo.png KohanaPHP News Aggregation Team Tuesday, September 17, 2024 1:00 am http://middleeast.managersofwealth.com/article/48417/old-mutual-names-company-insider-as-ceo-designate-of-its-new-bank Old Mutual has appointed company veteran Clarence Nethengwe as CEO-designate of its new banking business On the Move News Team Tuesday, September 17, 2024 1:00 am http://middleeast.managersofwealth.com/article/48416/global-financial-services-group-gsb-makes-double-hire-for-wealth-division Paul Waterman and Craig Holding join the firm in Dubai On the Move News Team Monday, September 16, 2024 1:00 am http://middleeast.managersofwealth.com/article/48409/dentons-bolsters-its-saudi-arabia-regulatory-and-litigation-practice-with-the-arrival-of-partner-abdullah-alsulaimi Abdullah has been involved in drafting several key legislations over the past 10 years. On the Move News Aggregation Team Wednesday, September 11, 2024 1:00 am http://middleeast.managersofwealth.com/article/48391/oliver-wyman-boosts-digital-practice-with-new-partner-keirin-lee His track record includes helping government clients shape their country-level AI agenda On the Move News Team Tuesday, September 10, 2024 1:00 am http://middleeast.managersofwealth.com/article/48382/iq-eq-appoints-joe-ives-as-commercial-director-for-uae In his new role, Joe will be responsible for driving IQ-EQ’s commercial strategy, growth plans, and go-to-market approach in the UAE On the Move News Team Monday, September 09, 2024 1:00 am http://middleeast.managersofwealth.com/article/48374/alixpartners-expands-middle-east-operations-with-appointment-of-stephan-essig Stephan brings a wealth of experience in restructuring, performance improvement, post-merger integration, foreign direct investment and organizational change with expertise in logistics & transportation, maritime, free zones, wealth funds and ministri On the Move News Aggregation Team Thursday, September 05, 2024 1:00 am http://middleeast.managersofwealth.com/article/48356/mufg-plans-hiring-spree-in-push-to-bank-more-european-startups MUFG is leaning into lending as the Bank of Japan raised rates for the second time in 17 years in July On the Move News Team Thursday, September 05, 2024 1:00 am http://middleeast.managersofwealth.com/article/48357/knight-frank-mena-welcomes-petri-mannila-as-partner-and-head-of-prime-residential-uae To drive expansion and market growth in the region On the Move News Team Wednesday, September 04, 2024 1:00 am http://middleeast.managersofwealth.com/article/48346/gsb-bolsters-private-team-in-dubai-with-new-hire He has joined as a Senior Partner of GSB Private On the Move News Team Wednesday, September 04, 2024 1:00 am http://middleeast.managersofwealth.com/article/48353/mashreq-egypt-appoints-chief-risk-officer He will also be responsible for leading the development of risk policies, enhancing risk governance frameworks, and maintaining the quality of Mashreq Egypt’s credit portfolio On the Move News Aggregation Team Tuesday, September 17, 2024 1:00 am http://middleeast.managersofwealth.com/article/48420/uae-fines-foreign-bank-dhs5m-for-money-laundering-breaches The central bank directed the foreign bank to present the regulator’s action to its board of directors Legal, Tax, Regulation & Compliance News Aggregation Team Thursday, September 12, 2024 1:00 am http://middleeast.managersofwealth.com/article/48394/arab-monetary-fund-official-lauds-performance-of-qataramprsquos-banking-sector "Qatar represents 11.9% of the assets of the Arab banking sector achieving third rank among the Arab countries" Legal, Tax, Regulation & Compliance News Team Monday, September 09, 2024 1:00 am http://middleeast.managersofwealth.com/article/48370/omanamprsquos-credit-grows-to-816bn-in-july-up-38-yearly The Central Bank of Oman’s latest bulletin reported a 2.3 percent rise in credit Legal, Tax, Regulation & Compliance News Team Thursday, September 05, 2024 1:00 am http://middleeast.managersofwealth.com/article/48358/qatar-financial-centre-pmi-non-energy-sector-business-conditions-strengthen-in-august PMI rises above long-run average as growth of jobs and new orders strengthen Legal, Tax, Regulation & Compliance News Aggregation Team Tuesday, September 03, 2024 1:00 am http://middleeast.managersofwealth.com/article/48344/egyptamprsquos-central-bank-increases-lending-to-government The central bank reported a 31.1% increase in the “M1” money supply Legal, Tax, Regulation & Compliance News Aggregation Team Monday, September 02, 2024 1:00 am http://middleeast.managersofwealth.com/article/48328/qatar-financial-centre-issues-qfc-digital-assets The framework also provides for the legal recognition of smart contracts. Legal, Tax, Regulation & Compliance News Team Monday, September 02, 2024 1:00 am http://middleeast.managersofwealth.com/article/48329/uae-federal-tax-authority-issues-tax-guide-for-investment-funds-and-investment-managers The IFIM Guide provides useful clarifications and examples on some of these conditions. Legal, Tax, Regulation & Compliance News Aggregation Team Monday, September 02, 2024 1:00 am http://middleeast.managersofwealth.com/article/48333/former-executive-sues-shuaa-capital-for-6mln-in-amplsquounpaid-labour-duesamprsquo The executive was not named in the statement, but is understood to be former MD, board member and largest individual shareholder Jassim AlSeddiqi Legal, Tax, Regulation & Compliance News Aggregation Team Friday, August 30, 2024 1:00 am http://middleeast.managersofwealth.com/article/48320/dubai-financial-services-authority-approves-61-new-firms-in-h1 DFSA’s efforts have also bolstered the growth of the capital markets within the DIFC, which remains the world’s largest market for ESG sukuk Legal, Tax, Regulation & Compliance News Aggregation Team Friday, August 30, 2024 1:00 am http://middleeast.managersofwealth.com/article/48322/saudi-arabia-poland-set-up-business-council-to-strengthen-economic-ties This move is part of Saudi Arabia’s broader strategy to deepen economic ties with Europe Legal, Tax, Regulation & Compliance News Aggregation Team Tuesday, September 17, 2024 1:00 am http://middleeast.managersofwealth.com/article/48418/commercial-bankamprsquos-msci-esg-rating-upgraded-to-amplsquoaamprsquo We are committed to a resilient and sustainable financial future in line with the State’s goals Retail Banking News Team Tuesday, September 17, 2024 1:00 am http://middleeast.managersofwealth.com/article/48421/national-bank-of-fujairah-pjsc-enhances-its-capital-composition The new issuance has been privately placed with the Government of Fujairah Retail Banking News Aggregation Team Monday, September 16, 2024 1:00 am http://middleeast.managersofwealth.com/article/48410/qatar-commercial-bank-receives-amplsquoaamprsquo-rating-in-msci-esg-assessment Commercial Bank’s ‘A’ rating represents an upgrade from its previous rating of BBB and puts it among the leading banks in Qatar for ESG ratings Retail Banking News Team Monday, September 16, 2024 1:00 am http://middleeast.managersofwealth.com/article/48413/burgan-bank-unveils-black-visa-infinite-privilege-its-latest-invitation-only-credit-card Confirming its commitment to elevating its ultra-high-net-worth clients’ banking experience to unmatched heights Retail Banking News Team Monday, September 16, 2024 1:00 am http://middleeast.managersofwealth.com/article/48414/qdb-recognized-as-best-digital-bank-at-2024-banking-excellence-awards The award celebrates digital initiatives that transcend traditional online banking services Retail Banking News Aggregation Team Friday, September 13, 2024 1:00 am http://middleeast.managersofwealth.com/article/48406/uae-bank-close-to-acquiring-5b-stake-in-indian-bank Speculations rife about the lender being Yes Bank Retail Banking News Aggregation Team Thursday, September 12, 2024 1:00 am http://middleeast.managersofwealth.com/article/48395/qatar-commercial-bank-reinforces-commitment-to-sustainability-digital-innovation-at-arab-banking-conference The event brought together leading banking and financial institutions from across the Arab world to discuss key trends shaping the future of the banking sector Retail Banking News Aggregation Team Wednesday, September 11, 2024 1:00 am http://middleeast.managersofwealth.com/article/48386/egyptamp039s-banque-misr-raises-foreign-currency-exchange-limit-for-travelers Egypt's Banque Misr raises foreign currency exchange limit for travelers Retail Banking News Aggregation Team Wednesday, September 11, 2024 1:00 am http://middleeast.managersofwealth.com/article/48387/uae-rakbank-executes-its-first-central-bank-digital-currency-cross-border-transaction The trade, facilitated through CBUAE’s mBridge platform, instantaneously transferred digital dirham against digital Chinese yuan Retail Banking News Team Wednesday, September 11, 2024 1:00 am http://middleeast.managersofwealth.com/article/48388/burgan-bank-ranks-among-ampldquothe-bankeramprsquosamprdquo-top-100-arab-banks-in-2024-marking-a-new-achievement The Bank ranked 35th on the magazine’s list, confirming the strength of its financial standing and the success of its efforts in pursuing excellence and leadership Retail Banking News Team Wednesday, September 18, 2024 1:00 am http://middleeast.managersofwealth.com/article/48423/global-finance-names-the-best-sme-banks-2025 Winners have also been named in 72 countries, territories and districts and six US regions. Alternative Investments News Team Wednesday, September 18, 2024 1:00 am http://middleeast.managersofwealth.com/article/48427/metropolitan-group-announces-major-recruitment-drive-to-hire-over-100-real-estate-agents-across-uae The recruitment campaign underscores Metropolitan Group’s commitment to identifying top agents and developing future team leaders in the industry Alternative Investments News Aggregation Team Tuesday, September 17, 2024 1:00 am http://middleeast.managersofwealth.com/article/48419/amplsquoqataramprsquos-startup-initiatives-embrace-transformation-in-tech-industryamprsquo MCIT official, Abdulla stressed that the launch of numerous initiatives in the country reflects that Qatar is shifting towards a technology hub in the region. Alternative Investments News Aggregation Team Friday, September 13, 2024 1:00 am http://middleeast.managersofwealth.com/article/48403/pgim-opens-abu-dhabi-office-joining-money-managersamprsquo-rush-to-uae-capital The investment management firm said it has served clients in the Middle East for many years, but Abu Dhabi office would be its first in the region Alternative Investments News Team Thursday, September 12, 2024 1:00 am http://middleeast.managersofwealth.com/article/48398/qnb-group-to-approve-a-buyback-of-qnbamp039s-shares The Share Buyback will be executed after obtaining regulatory approvals from the Qatar Central Bank and Qatar Financial Markets Authority Alternative Investments News Aggregation Team Thursday, September 12, 2024 1:00 am http://middleeast.managersofwealth.com/article/48399/nasdaq-dubai-welcomes-400-million-green-bond-from-bank-of-china With the addition of this listing, the total value of bonds listed on Nasdaq Dubai by the Bank of China reaches $1.47 billion Alternative Investments News Team Tuesday, September 10, 2024 1:00 am http://middleeast.managersofwealth.com/article/48381/difc-pioneers-new-initiatives-to-support-influx-of-wealth-and-asset-management-firms DIFC continues to experience an influx of wealth and asset management firms. Alternative Investments News Team Monday, September 09, 2024 1:00 am http://middleeast.managersofwealth.com/article/48371/svreico-and-fawry-forge-strategic-alliance-marking-fawryamprsquos-acquisition-of-an-80-stake-in-svreicoamprsquos-administrative-building The roots of this partnership trace back to 2021 when Fawry initially secured two floors in Svreico’s administrative building Alternative Investments News Aggregation Team Friday, September 06, 2024 1:00 am http://middleeast.managersofwealth.com/article/48363/egypt-qalaa-holdings-inks-debt-settlement-agreement-with-4-banks-for-939mln The agreement also comprises a 60,127-square-meter land plot overlooking the Nile in Tibeen area, as well as compensations for fluctuations in exchange rate and stock prices Alternative Investments News Team Friday, September 06, 2024 1:00 am http://middleeast.managersofwealth.com/article/48368/bank-of-sharjah-successfully-priced-us-500mln-senior-unsecured-bond-in-the-international-markets The issuance received tremendous response from international investors, attracting orders that peaked at US$ 1.4 billion, or almost 3x oversubscription Alternative Investments News Aggregation Team Monday, September 16, 2024 1:00 am http://middleeast.managersofwealth.com/article/48408/efg-private-banker-relocates-from-switzerland-to-dubai A private banker that has had stints in Hong Kong and Zurich, has relocated to Dubai. Wealth & Asset Management News Team Friday, September 13, 2024 1:00 am http://middleeast.managersofwealth.com/article/48400/family-offices-confident-recent-growth-in-wealth-will-continue More than nine in ten (92%) of those who have seen asset values increase expect even more growth over the next five years with 48% expecting dramatic increases. Wealth & Asset Management News Team Tuesday, September 10, 2024 1:00 am http://middleeast.managersofwealth.com/article/48377/burgan-bank-expands-its-private-banking-network-to-include-al-adailiya-branch Confirming its commitment to offering high-net-worth clients a convenient private banking experience Wealth & Asset Management News Aggregation Team Tuesday, September 10, 2024 1:00 am http://middleeast.managersofwealth.com/article/48376/former-bos-middle-east-market-head-launches-mfo The multi family office, which currently operates as a team of five, is looking to provide wealth management services with a purpose-driven approach. Wealth & Asset Management News Team Monday, September 09, 2024 1:00 am http://middleeast.managersofwealth.com/article/48369/what-are-you-seeing-in-the-global-private-wealth-industry-right-now-by-ernesto-mairhofer-head-of-private-wealth-and-family-offices-of-citco-corporate-solutions Citco offers a fully comprehensive breadth of services that can be customized to fit individual client needs Wealth & Asset Management News Aggregation Team Thursday, September 05, 2024 1:00 am http://middleeast.managersofwealth.com/article/48354/jpmorgan-sets-up-dubai-private-banking-team-to-tap-wealth-boom JPMorgan’s international private bank is larger than any of its US rivals Wealth & Asset Management News Team Thursday, September 05, 2024 1:00 am http://middleeast.managersofwealth.com/article/48355/deloitte-privateamprsquos-latest-report-in-its-family-office-insights-series The family office arena has been growing rapidly Wealth & Asset Management News Team Tuesday, September 03, 2024 1:00 am http://middleeast.managersofwealth.com/article/48336/gbst-wins-best-emea-wealth-platform-technology-provider-for-composer-at-international-fintech-awards-for-the-second-year-running The award recognises the value that GBST’s Composer SaaS platform brings to leading financial organisations globally following its multi-million-dollar transformation to cloud-native architecture. Wealth & Asset Management News Aggregation Team Monday, September 02, 2024 1:00 am http://middleeast.managersofwealth.com/article/48334/nomura-unveils-hiring-plans-for-wealth-management There are currently 50 bankers in Hong Kong and 40 bankers in Singapore. Wealth & Asset Management News Aggregation Team Thursday, August 29, 2024 1:00 am http://middleeast.managersofwealth.com/article/48311/mhq-ranked-top-for-private-wealth-management-in-chambers-global-2024-guide-yann-mrazek-achieves-band-1-ranking-for-7th-consecutive-year Clients also praise Yann for being ‘acutely aware of international market trends and the way UAE platforms provide useful solutions for clients.’ Wealth & Asset Management News Aggregation Team Wednesday, September 18, 2024 1:00 am http://middleeast.managersofwealth.com/article/48424/how-the-middle-east-is-redefining-sustainable-wealth-management Automated processes in wealth management are proving to be a double boon FinTech News Team Wednesday, September 18, 2024 1:00 am http://middleeast.managersofwealth.com/article/48428/settle-payments-secures-2mln-pre-seed-funding-led-by-shorooq-partners-to-overhaul-b2b-payments-in-egypt SETTLE’s services will automate critical financial operations and offer companies across Egypt and other areas real-time cash flow management for better decision-making FinTech News Aggregation Team Wednesday, September 18, 2024 1:00 am http://middleeast.managersofwealth.com/article/48430/mastercard-and-first-abu-dhabi-bank-harnessing-the-power-of-partnerships-to-drive-payment-innovation-across-the-region A case in point is the long-standing collaboration between Mastercard, a global technology company in the payments industry, and First Abu Dhabi Bank (FAB), the largest bank in the UAE. FinTech News Team Tuesday, September 17, 2024 1:00 am http://middleeast.managersofwealth.com/article/48422/beyon-money-wins-amplsquobest-mobile-payments-appamprsquo-award-at-mea-finance-awards This is a proud moment for us and is a result of the commitment of all Beyon Money’s team members in Bahrain and in UAE, as well as our customers’ trust and loyalty to Beyon Money’s products FinTech News Aggregation Team Friday, September 13, 2024 1:00 am http://middleeast.managersofwealth.com/article/48404/paymob-secures-22m-extension-to-series-b-funding-raises-72m-in-total The additional funding will further boost Paymob’s efforts to expand its regional footprint and reinforce its position as a leading payments provider in the region FinTech News Team Thursday, September 12, 2024 1:00 am http://middleeast.managersofwealth.com/article/48396/ebrd-promotes-digital-transition-in-egypt The Bank’s investment will support Paymob’s product development FinTech News Aggregation Team Wednesday, September 11, 2024 1:00 am http://middleeast.managersofwealth.com/article/48384/vision-bank-launches-digital-banking-app-in-saudi-arabia Our vision to transform banking with unprecedented simplicity FinTech News Aggregation Team Wednesday, September 11, 2024 1:00 am http://middleeast.managersofwealth.com/article/48389/kpmg-bring-its-global-servicenow-alliance-to-bahrain This alliance underscores our commitment to helping businesses in Bahrain achieve digital excellence.” FinTech News Team Tuesday, September 10, 2024 1:00 am http://middleeast.managersofwealth.com/article/48378/abu-dhabi-fintech-flapkap-secures-34m-in-debt-and-equity-funding Abu Dhabi-based FlapKap, a leading fintech platform providing revenue-based and embedded financing solutions in the MENA region, today announced the completion of $34M in new debt and equity funding. FinTech News Team Friday, September 06, 2024 1:00 am http://middleeast.managersofwealth.com/article/48362/grath-expands-operations-to-the-middle-east The new office at DIFC will serve as a central hub for Grath’s operations in the Middle East FinTech News Aggregation Team Wednesday, September 18, 2024 1:00 am http://middleeast.managersofwealth.com/article/48425/bank-investments-in-monetary-bills-islamic-cd-hit-62bln-by-end-of-q2-24-cbuae The statistics showed that the Central Bank’s foreign assets increased by 5.3 percent Islamic Finance News Aggregation Team Monday, September 16, 2024 1:00 am http://middleeast.managersofwealth.com/article/48412/omanamprsquos-islamic-banking-assets-surge-18-reflecting-broader-gcc-growth-trends The growth in Oman aligns with a broader regional trend. Islamic Finance News Aggregation Team Monday, September 16, 2024 1:00 am http://middleeast.managersofwealth.com/article/48415/qib-wins-five-awards-at-the-asset-triple-a-islamic-finance-awards QIB's Group CEO Bassel Gamal said that these awards reflect the Bank's ongoing commitment to delivering innovative, customer-focused Islamic banking solutions Islamic Finance News Aggregation Team Friday, September 13, 2024 1:00 am http://middleeast.managersofwealth.com/article/48402/gcc-islamic-banks-to-maintain-strong-profitability-driven-by-economic-growth Profit margins are expected to remain insulated from potential Fed monetary policy easing Islamic Finance News Aggregation Team Tuesday, September 10, 2024 1:00 am http://middleeast.managersofwealth.com/article/48380/network-international-partners-with-ruya-to-improve-islamic-banking The partnership is expected to elevate Shariah-compliant banking standards and drive innovation within the UAE’s expanding digital economy. Islamic Finance News Team Tuesday, September 10, 2024 1:00 am http://middleeast.managersofwealth.com/article/48383/bank-nizwa-discusses-key-islamic-banking-topics-at-islamic-finance-news-oman-2024-conference The bank was awarded with the ‘Best Islamic Bank in Oman’ title Islamic Finance News Team Monday, September 09, 2024 1:00 am http://middleeast.managersofwealth.com/article/48373/bankdhofar-launches-innovative-podcast-series-to-promote-financial-literacy In collaboration with Hala FM Islamic Finance News Aggregation Team Wednesday, September 04, 2024 1:00 am http://middleeast.managersofwealth.com/article/48352/kfh-group-completes-the-conversion-of-ahli-united-bank-ampndash-egypt-to-sharia-compliant-banking This conversion is part of the strategic shift that the Group initiated following the successful acquisition of Ahli United Group-Bahrain in October 2022: official Islamic Finance News Team Tuesday, August 27, 2024 1:00 am http://middleeast.managersofwealth.com/article/48301/global-islamic-finance-summit-2024-shaping-the-future-of-islamic-finance The Global Islamic Finance Summit is proud to partner with the Maldives Islamic Bank as a Strategic Partner Islamic Finance News Team Thursday, August 22, 2024 1:00 am http://middleeast.managersofwealth.com/article/48285/international-islamic-banking-forum-successfully-concluded-in-ethiopia Interest-Free/ Islamic Finance Set to Transform Africa: Hassan Mohammed, State Minister of Industry, Ethiopia Islamic Finance News Aggregation Team Wednesday, September 18, 2024 1:00 am http://middleeast.managersofwealth.com/article/48426/uae-banking-sectoramprsquos-liquid-assets-rise-to-218bln-by-end-of-q2-24 The value of liquid assets in the UAE banking sector increased quarter-on-quarter (QoQ) by 2 percent Research, Comment and Analysis News Aggregation Team Monday, September 16, 2024 1:00 am http://middleeast.managersofwealth.com/article/48411/moodyamp039s-affirms-qatari-banks-mitigated-risks-of-unexpected-shocks The report added that Qatari banks were primarily financed during the recent period through customer deposits, which accounted for approximately 52% of total assets by the end of June 2024 Research, Comment and Analysis News Aggregation Team Friday, September 13, 2024 1:00 am http://middleeast.managersofwealth.com/article/48407/shane-horgan-leads-new-digital-practice-of-global-think-group Global Think Group is positioned to deliver impactful, measurable results that support our clients’ business and policy goals Research, Comment and Analysis News Team Thursday, September 12, 2024 1:00 am http://middleeast.managersofwealth.com/article/48397/saudi-arabiaamprsquos-banks-see-continued-growth-in-loans-ampamp-advances-deposits-and-profitability-in-second-quarter Growth in operating income (+1.9 percent) mainly on the back of higher net interest income Research, Comment and Analysis News Aggregation Team Wednesday, September 11, 2024 1:00 am http://middleeast.managersofwealth.com/article/48385/ey-moving-financial-services-partners-to-ksa-to-tap-market-opportunities EY’s growth in the financial services landscape is driven by an expansive market, on the back of developments such as a growing banking sector Research, Comment and Analysis News Aggregation Team Friday, September 06, 2024 1:00 am http://middleeast.managersofwealth.com/article/48365/moodyamprsquos-upgrades-outlook-on-six-omani-banks-to-amplsquopositiveamprsquo The rating agency further mentioned that the positive outlook on the long-term deposit ratings suggests that a downgrade in the near term is unlikely. Research, Comment and Analysis News Aggregation Team Thursday, September 05, 2024 1:00 am http://middleeast.managersofwealth.com/article/48360/public-sector-loans-drive-qatar-banksamprsquo-credit-growth-in-july-qnbfs The real estate sector was the main driver for the rise in private sector loans in July. Research, Comment and Analysis News Aggregation Team Tuesday, September 03, 2024 1:00 am http://middleeast.managersofwealth.com/article/48337/algeria-joins-brics-new-development-bank The Algerian Ministry of Finance considers this a momentous move after a year has passed since the application for membership was submitted Research, Comment and Analysis News Aggregation Team Friday, August 30, 2024 1:00 am http://middleeast.managersofwealth.com/article/48324/residential-transaction-volume-surges-by-35-in-q2-2024 Experts note that this surge may be partly attributed to the recent developments witnessed in mortgage regulations, which projects 15 percent annual growth. Research, Comment and Analysis News Aggregation Team Thursday, August 29, 2024 1:00 am http://middleeast.managersofwealth.com/article/48313/gcc-banks-set-record-with-215bn-in-q2-lending-profits The quarter saw one of the highest total interest incomes at $52.2 billion, with a credit yield averaging 4.3 percent. Research, Comment and Analysis News Team Monday, September 02, 2024 1:00 am http://middleeast.managersofwealth.com/article/48335/efg-hermes-introduces-streamlined-custody-arrangement-and-asset-servicing-arrangement-services-across-40-markets The service is designed to address the unique challenges faced by HNWIs, family offices, and small- to mid-sized funds in accessing custody arrangement services Investment Bank News Team Wednesday, August 14, 2024 1:00 am http://middleeast.managersofwealth.com/article/48228/efg-holding-continues-to-report-solid-performance-in-the-second-quarter-of-2024 EFG Hermes, the Investment Bank, saw its Investment Banking division report all-time high revenues together with Brokerage revenues shooting up Investment Bank 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 Tuesday, September 03, 2024 1:00 am http://middleeast.managersofwealth.com/article/48345/climate-risk-and-esg-integration-in-arab-banks The Arab region is particularly vulnerable to the adverse effects of climate change. Planet SOS News Team Wednesday, August 28, 2024 1:00 am http://middleeast.managersofwealth.com/article/48306/ifc-and-jordan-ahli-bank-launch-first-locally-issued-sustainability-bond-in-jordan IFC has subscribed to a landmark six-year sustainability bond issued by Jordan Ahli Bank, one of the country’s leading banks Planet SOS News Aggregation Team Friday, August 02, 2024 1:00 am http://middleeast.managersofwealth.com/article/48177/qataramprsquos-non-hydrocarbon-sector-has-strong-potential-to-drive-growth This has a strong potential to drive growth in non-hydrocarbon sectors. Planet SOS News Aggregation Team Monday, July 29, 2024 1:00 am http://middleeast.managersofwealth.com/article/48141/masdar-partners-with-endesa-in-ampeuro17bln-renewable-energy-transaction-in-spain The transaction would see Masdar become a partner for 2.5 gigawatts (GW) of renewable energy assets in Spain, subject to regulatory approvals and other conditions Planet SOS 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