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

EFG Hermes Secures #1 Position in MENA Equity Capital Markets for 2024 with Market-Leading Executions

These transactions were successfully executed across four major GCC exchanges

Arab Health 2025 to begin Monday with over 3,800 exhibitors

This year Arab Health will host more than 40 country pavilions

KPMG’s globally aggregated revenue rises 5.1% to surpass US$ 38.4bln mark

Regional growth robust as aggregated revenue in the MESAC region increases by 19.1% (in local currency)

IMF: Oman grows with inflation under control

The International Monetary Fund (IMF) reports that the country has adopted economic measures that foster growth beyond the oil sector.

Turkish Central Bank delivers expected 250bp rate cut

At the year’s first MPC meeting, the Central Bank of Turkey continued its easing cycle, which began in December, with another 250bp rate cut, bringing the policy rate to 45%, as anticipated. The accompanying statement highlighted a decline in

Four M&A trends that will drive 2025's deals rebound

With deal flow predicted to increase during the next 12 months

Some UAE employees no longer need salary certificate for banking services

The initiative aims to benefit over 45,000 federal employees across more than 50 government entities

Standard Chartered: GCC To maintain economic resilience amid global uncertainty in 2025

Lower interest rates are likely to provide additional support, particularly for borrowing-sensitive industries across Saudi Arabia, the UAE, and Qatar

73% of Savills researchers anticipate increased real estate investment activity in MENA by 2025

Driven by infrastructure development, visionary economic plans, and rising demand across various sectors

UAE employees demand higher housing, transport allowances amidst rising rents, Salik tolls

From the cost of living perspective, salaries remain a priority for a lot of professionals coming to the UAE

Boursa Kuwait encourages entrepreneurship with gold sponsorship of LOYAC’s Kontinue program

The program features interactive workshops led by expert entrepreneurs and industry leaders, covering a wide range of essential topics.

Computing sector revenue to reach QR265m in 2025

Researchers state that Qatar is currently experiencing developments in the computing and tech industry by exploring opportunities for productive individuals

ADIB Opens 72Nd Branch At Mall Of Egypt

The Mall of Egypt branch is the second to open in a shopping mall in 2024

Fitch revises outlook on 5 Omani banks to positive; long-term ratings affirmed

The outlook for Bank Muscat has been revised to positive from stable, with its Long-Term IDR affirmed at ‘BB+’ and its Viability Rating (VR) at ‘bb+’.

Qatari banks to uphold robust financial metrics in 2025: Fitch

Qatari banks are projected to uphold their robust financial metrics in 2025, despite persisting asset quality pressures, according to a recent peer review by Fitch Ratings.

Qatar moving with firm steps towards bright future

Since the launch of Qatar National Vision 2030, Qatar has made significant progress in leveraging the returns of its investments in the energy sector to build world-class infrastructure and institutions.

Public finance of GCC countries witnessed significant financial surplus in 2022, 2023: GCC-Stat

The total public finances in the GCC countries also recorded a significant deficit during 2014-2021.

Robust growth for KPMG as global revenues rise 5.1% to $38.4bln

An increase of 5.1% in local currency and 5.4% US$ from FY23

UAE Wealth Management - Market Sizing and Growth Opportunities to 2028 - ResearchAndMarkets.com

The UAE wealth management market has experienced robust growth, driven by rising asset values and an increase in affluent individuals seeking professional investment advice.

Hilton London Metropole hotel review: Affordable luxury and city views in London's 'Little Arabia'

Located on cosmopolitan Edgware Road, this four-star hotel has long-been popular with GCC travellers

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