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

FRA approves fintech integration for 8 non-banking financial, brokerage firms

The FRA emphasized that this move aligns with its broader strategy to modernize and digitize non-banking financial services.

The Central Bank of Egypt hosts a specialized technical team in cybersecurity from the Central Bank of Tanzania

This standing is manifested in the establishment and operation of the region’s first sectorial CERT

Oman’s New Banking Law: Key Regulatory Changes, Compliance Requirements, and Business Impact

Oman’s New Banking Law enhances the Central Bank’s authority, increases capital requirements, and strengthens financial regulations across banking sectors. It introduces stricter compliance measures, expanded digital and Islamic banking provis

Ripple secures DFSA licence to offer regulated crypto payments from DIFC

Ripple will be the first blockchain-enabled payments provider licenced by the DFSA

Dubai Chambers Board of Directors discusses strategic direction and future initiatives

Brainstorming session held to exchange ideas supporting sustainable economic development

Fawry signs partnership with Ottu to expand online payment solutions in Egypt

The agreement aims to enhance Egypt’s online payment landscape by integrating Fawry’s payment infrastructure with Ottu’s management system

Experts laud CBJ monetary management, approach to currency flow regulation

These specialists deploy a comprehensive monetary toolkit to achieve strategic objectives while maintaining market discipline.

Estithmar Holding signs MoU with Qatar Primary Materials Company

The agreement was signed by Abd Almunem al-Sakka, Cluster Chief Executive Officer of Elegancia Services, a subsidiary of Estithmar Holding,

QBWA and Deloitte renew partnership agreement to empower women in business

This renewal marks the continuation of a highly successful partnership in 2024

Dentons wins four awards at the emeafinance Middle East Banking Awards 2024

Dentons' legal acumen extends across all areas of capital markets, Islamic and project finance

CBB grants license to Mena Industrial Bank

The bank will provide wholesale banking and trade finance solutions to corporations, government entities, and high-net-worth individuals, locally and regionally.

Evolving customer demands driving transformation in UAE banking sector

A report from New Metrics surveyed 600 consumers in order to gauge how evolving customer demands are driving change and progress.

Tax update: What’s new in the UAE? – February 2025

hese corporate tax reliefs apply to investment funds, holding entities, investment entities, fund management entities and wealth and investment management entities.

Central Bank of Bahrain receives French Business Delegation

The delegation, which was headed by Mr. Frédéric Sanchez Chairman of MEDEF International

Policymakers and experts convene at KPMG’s Public Sector Excellence Forum in Riyadh

Excellence in the public sector is not just an end goal but an ongoing process that requires a clear vision

Central Bank of Bahrain grants Financing Company license to L2O B.S.C. (c)

The issuance of this license reflects CBB’s efforts in supporting development of the financial services sector

Dubai reinforces position as leading regional financial hub

The DIFC's clients now include 27 of the world's 29 global systemically important banks and at the end of 2024

Mashreq signs a membership agreement with Mala’a

This agreement grants Mashreq access to a comprehensive database of credit and financial information

DIFC marks 20th anniversary, reports record performance in 2024

DIFC is set to open a new Funds Centre in 2025, offering dedicated space for investment managers to raise capital and expand their operations

UAE Central Bank mandates professional qualifications for senior insurance executives

The regulations also outline the criteria for continuing professional development

Legal, Tax, Regulation & Compliance