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

ADGM joins International Forum of Independent Audit Regulators

Strengthening regulatory ties across 56 jurisdictions, ADGM reinforces its commitment to global audit excellence and serving the public interest

PwC Middle East in Egypt hosts its annual tax and legal seminar

Discussing Tax transformation and regulatory changes in Egypt

Allianz Egypt, Suez Canal Bank partner to expand bancassurance services

The move aims to meet the demands of clients and offer high-quality insurance services

RTA plans to embrace cloud computing with new AWS agreement

Amazon Web Services to assist RTA with application programming including AI, AR, VR, data solutions and the Internet of Things

Saudi banks’ credit up by 10% to reach $690bn in 2023

The education sector, in particular, secured SR6.28 billion. Credit extended to these two sectors grew by 51 percent and 33 percent, respectively.

IMF, Egypt agree on ‘main elements’ of economic reform programme

The International Monetary Fund has agreed with Egypt on key policy components of an economic reform programme

Sharjah Asset Management – Ecosystem partner for the Sharjah Entrepreneurship Festival 2024

Showcasing its prominent investment projects at its participating pavilion

UAE Central Bank issues $327,000 fine to insurance company

UAE Central Bank dishes out $327,000 fine to insurance company

Gulf Medical University and Knight Frank launch joint internship

Gulf Medical University is one of most in-demand private medical universities in the Middle East.

Saudi Investment Ministry to maintain record of private sector’s foreign investments

He highlighted the crucial role of private sector participation in this survey

Arab Investment Court delegation explores QICDRC legal system, operations

During a comprehensive tour of the court, al-Sahouti provided insights into the success of the legal system in Qatar

QFC signs MoU with MEEZA to boost digital services sector

Under this partnership, the QFC will introduce firms registered on its platform to the wide variety of services offered by MEEZA at special and competitive rates.

NBK warns against suspicious fraudulent e-mails

In support of the “Let’s Be Aware” banking awareness campaign

What the UAE and KSA joining the BRICS bloc means for your business

The inclusion is poised to reshape the business environment in these countries, offering a fresh landscape of possibilities for companies operating there.

McKenzie once again brings home Banking & Finance Legal Adviser of the Year Award

This increased facility will support Afreximbank to expand and diversify African trade, increase trade finance, and improve the facilitation of intra-African trade and value-added exports

KSA’s Social Development Bank signs $266m deals to back entrepreneurs

Al-Rashid went on to state that the agreements paved the way for achieving significant entrepreneurial advancements.

Saudi Arabia jumps 25 places in World Bank’s national statistics indicator

The World Bank’s ranking takes into account the maturity and performance of the statistical systems of 186 countries.

DIFC Innovation Hub, Julius Baer and Euroclear join forces to address challenges posed by the future of digital asset inheritance

Collaboration to bring solutions for digital assets inheritance and estate planning

QIB and Edaa sign an agreement to distribute dividends to shareholders of listed companies in Qatar

The signing ceremony, held on January 21, 2024

QIB launches new Sustainable Deposit

Adhering to all applicable Absolute Mudaraba regulations, adding the exclusive allocation of funds

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