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

UAE will attract more millionaires as Emirates remains safest country despite regional war

After Russia, Ukraine, European and US migration, UAE will see the next wave of migration from the region, says migration expert

World Bank report lauds Oman's strong economic performance

Additionally, Oman maintained low inflation at 0.6% in 2024, compared to the GCC average of 2%.

World’s largest password leak exposes 16 billion credentials

Unprecedented breach threatens global digital security

Saudi Arabia ranks 17th globally in competitiveness index as it outshines economic heavyweights

Kingdom placed behind China in 16th and ahead of Australia in 18th place

S&P upgrades Alkhaleej Takaful Insurance credit rating to A-

According to a statement published on the Qatar Stock Exchange website, the upgrade reflects the company’s strong operating performance,

UAE's Binghatti Launches Asset Management Unit With $1 Billion Target

Binghatti Capital aims to attract institutional investors, high-net-worth individuals and family offices

PwC Legal celebrates recognition at Middle East Legal Awards 2025

Held for the second time this year, the Middle East Legal Awards 2025 shines a spotlight on the region’s top performing legal firms

GCC budget spending estimated at $542.1bln for 2025: GCC-STAT

Government revenues are expected to remain relatively stable, as oil prices remain at moderate to high levels

Central banks navigate uncertainty, global risks, Trump's tariffs

The U.S. central bank will lead the way and is likely to announce after the second day of its meeting on June 18

Deloitte Middle East advances AI integration with launch of Global Agentic Network

The strategic initiative advances AI-powered digital workforce solutions to drive intelligent automation, future-ready operations, and transformative growth across the region

World Bank to end ban on nuclear energy projects, still debating upstream gas

He said the board was not yet in agreement on whether the bank should engage in funding the production of natural gas, and if so, under what circumstances.

Are UAE banks doing enough to get women on board?

Some banks meet targets, but there's still so much to be done in getting, retaining talent

Waystone strengthens UAE presence with launch of onshore Management Company and Distribution Company solutions

The launch comes amid significant regulatory changes reshaping the UAE’s investment funds landscape.

Banking, realty, energy sectors drive Qatari-listed companies’ earnings in Q1

The surge in earnings was primarily driven by earnings growth in the Banking, Real Estate and Energy sectors.

EY, ELM, IBM and PwC list in LinkedIn’s top employers list for Saudi Arabia

Now into its fifth local edition, LinkedIn’s annual list is a determination of which companies offer the best opportunities for career growth

MENA region recorded 225 M&A deals with a value of $46bln during Q1 2025

Both deal value and deal volume in Q1 2025 increased when compared to Q1 2024

How the UAE became the world's second-largest hub for gold trade

How infrastructure, policy, and timing helped the UAE rise to gold-trading prominence

GCC banks post record profits

In the first quarter of this year, financial institutions in the Gulf reported a net profit of USD 15.6 billion, 7.1% higher than in the previous quarter.

SAB and HSBC to power Riyadh Air’s expansion across Mideast, Asia

Executives from SAB and HSBC joined Riyadh Air at its new head office at the GACA Campus on Airport Road, for a signing ceremony to mark the partnership.

Latest KPMG study reveals dip in AI trust amid rising adoption

The research captures the views of ~48,000 people from 47 countries

Research, Comment and Analysis