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

UK court orders Lebanese banks to pay $4m to saver

Lebanon's crippled banking system imposed a ban on withdrawals of dollar-denominated deposits

Qatar, Nigerian Manufacturers to strengthen economic cooperation

The event would be followed by an economic forum between the stakeholders from both countries on Friday in Abuja.

Regulating crypto assets continues to be a tough feat

A key question in the blockchain landscape is how regulators can strike the right balance

Dubai consultancy founder Nigel Sillitoe gets 10-year UAE Golden Visa

Sillitoe was one of the original investors in Insight Discovery and has over 25 years' experience in marketing, press relations and sales management.

Brookfield to buy 60% of First Abu Dhabi Bank’s payment arm

Brookfield to buy 60% of First Abu Dhabi Bank’s payment arm The bank’s payments business was valued at $1.15bn

Looming FATF Decision on Dirty Money List Poses Risks for UAE

The Financial Action Task Force in 2020 called for "fundamental and major improvements" by the UAE

Clifford Chance advises Republic of Turkey

Over 200 investors attended the Sukuk issuance, with 66% operating in the Middle East, 12% in the US, 12% in the UK, 5% in other European countries, 4% in Turkey, and 1% in Asia.

Joint cooperation agreement signed between UAE and Saudi Arabia in Internal Auditing

Aim to improve the capabilities of Internal Auditors between the two countries

Andersen Global Enters Collaboration Agreement with Bahrain-Based Law Firm

Almoayed Chambers Consultancy is a boutique law firm with specific focus on corporate commercial contracts

Walkers advises Pyypl

Walkers acted as BVI legal counsel for Pyypl on the early-stage funding round, alongside Al Tamimi & Company as lead counsel.

Lebanon central bank extends unlimited sale of dollars to banks until end-March

The bank had lifted the ceiling last month

Dubai’s Mashreq Bank could sell its payments business – and it may not be the only one

Abu Dhabi’s FAB is also reportedly targeting a sale of payments processing entity Magnati

Revealed: king of Jordan used Swiss accounts to hoard massive wealth

The data was shared with the Guardian and 47 other media outlets as part of a global investigation called Suisse secrets.

Seba Bank opens Abu Dhabi office

The office opening in Abu Dhabi will further accelerate the considerable growth that SEBA Bank has achieved over the past year.

Arab rulers, spy chiefs stashed millions in Swiss bank, shows data leak

Data leak from Swiss bank Credit Suisse has opened a peephole into private wealth of powerful figures across Middle East, raising new questions about self-dealing, as per a New York Times report

President Kenyatta welcomes UAE's plan to establish an Innovation and Entrepreneurship Centre in Kenya

The innovation and entrepreneurship centre will focus on launching programmes, workshops and initiatives geared towards providing aspiring and established Kenyan entrepreneurs with guidance on how they can inject innovation into their entrepreneurial ende

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