Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

Research, Comment and Analysis

Forbes Middle East unveils the Middle East’s top 100 CEOs 2023

Meet the titans heading the region’s biggest homegrown companies

Google to support AI research and sustainability solutions in the UAE

Wealth & Asset Management

Exclusive survey by Lombard Odier shows high-net-worth Middle East investors’ strong shift to sustainable investment and Islamic Finance

Cybersecurity skills gap contributed to 80% of breaches

Research, Comment and Analysis

UBS Investor Sentiment: Investors Concerned About the War Yet Stay the Course with their Portfolios

On the Move

Tokinvest appoints Mike Mingee as chief compliance officer

State Street Appoints Majed Al Hassoun as Head of KSA and Bahrain

Esterad Bank appoints Hana Al Murran as Head of Compliance and MLRO

Goldman Sachs names Omar Alzaim as CEO of bank's Saudi operations

BNY Hires Tech Expert for Ventures Unit in UAE

JANA consultant heads to Qatar

Legal, Tax, Regulation & Compliance

UAE Central Bank lowers interest rates following US Federal Reserve move

Bahrain's central bank cuts overnight deposit rate by 25 bps, statement says

Simplified tax system for small projects in place: Egyptian Tax Authority

Strategic partnership between Times Developments and ABB announced

KPMG in Qatar hosts annual IFRS Update Workshop 2024

Egypt pound breaches 50 to the dollar, Central Bank says

Retail Banking

Gulf Bank’s year of distinction with 13 global and regional awards in 2024

Egypt parliament approves $2bn loan from regional banks

Kuwait’s Burgan Bank to take over United Gulf in 2025

Al Salam Bank announces platinum sponsorship of CPISP

NBK advises customers to ensure updating civil ID and personal documents through official websites

Qatar Central Bank cuts interest rates by 30 basis points

Alternative Investments

Record Emerald Hills sale brings AED 40mln profit for investor

Invesco releases 2025 Investment Outlook “After the Landing”

Afreximbank and Egyptian Exporters Association empower 150 African SMEs with export readiness training

AlUla Development Company awards advisory and project management to JLL

Dubai Real Estate Market Achieves AED 40 Billion in November 2024 Transactions

The Middle East has private capital’s best growth potential in 2025 say global asset managers, polled by Apex Group

Wealth & Asset Management

Mashreq: how to manage wealth through geopolitical uncertainty

UAE family offices to take centre stage in global wealth management

BlackRock accelerates wealth access to private markets in Europe, Middle East and Asia Pacific

Aspen Digital receives Financial Services Permission in ADGM to provide services in digital assets

Standard Chartered expands UAE private banking team to serve growing pool of global ultra-rich

Global wealth management group GSB launches FutureOf fund

FinTech

IBM opens new office in Qatar’s capital city Doha

Fintech Abu Dhabi affirms Abu Dhabi as hub for financial innovation

Visa partners with Saudi Awwal Bank and Monsha'at for third edition of She's Next

Middle East banks brace for a stable yet FinTech-driven transformation in 2025

First Abu Dhabi Bank Chooses Broadridge to Build Global Agency Securities Finance Business

National Bank of Kuwait's innovative digital strategy strengthens its leadership in fintech

Islamic Finance

The Eurasian Development Bank, IsDBI and the London Stock Exchange Group host a discussion on the future of Islamic finance in Central Asia

ADIB Ventures partners with Lean Technologies to deliver innovative products

Bank Muscat taps Nucleus Software to enhance its collection strategy

Egypt considers issuing green, Islamic bonds in local market for first time: FM

Emirates Islamic extends long-term strategic partnership agreement with Visa

Islamic finance expert calls for authenticity and reform in the industry

Research, Comment and Analysis

The rise of family-owned business in the Middle East

Qatar retail sales projected to grow at annualised rate of 2.2% up to 2028: Alpen Capital

Global Finance Names The World’s Best Trade Finance Providers 2025

Qatar’s budget for 2025 prioritises spending on vital sectors

Fiaz Hussain on his 25 years in management consulting and his time at Argon & Co

What are some of the current challenges for mental health in the workplace?

Investment Bank

Citibank honours QIIB with ‘Excellence in Straight Through Processing Payments’ award

EFG Hermes concludes $13.51mln securitized bond issuance for valU

HSBC leads as MENA’s top earner in investment banking fees

EFG Hermes introduces streamlined custody arrangement and asset servicing arrangement services across 40 markets

EFG Holding continues to report solid performance in the second quarter of 2024

EFG Hermes completes advisory on Budget Saudi’s $121mln acquisition of AutoWorld

Planet SOS

Arab co-operation in energy sector discussed

United Arab Bank & Canon to deliver impactful carbon compensation for business printing in UAE

Sustainability Forum Middle East welcomes Boston Consulting Group as a Forum Partner for its third edition

Ministry of Climate Change and Environment prepares to launch framework for Extended Producer Responsibility (EPR) in the UAE

Saudi Arabia launches national sustainability committee

Bloomberg Intelligence Report highlights MENA’s growing sustainable finance market