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

Saudi Tadawul Group’s Q2 profit falls 4% on higher operating expenses

This marks the sixth consecutive quarterly decline in the group’s profits on a year-on-year basis, a trend that began around a year and a half ago

Dubai gold prices are climbing again. Here’s how far they remain from July’s peak

Gold opens the week higher in Dubai after steep July swings and a renewed global rally

Mozambique and Egypt Seek Deeper Economic and Investment Ties

Beyond economic cooperation, Abdelatty called for enhanced collaboration in the military and security domains

Dubai Customs measures inject Dh79m liquidity into businesses, support Dh33.9b trade flow

Customs duty extensions, instalment options and penalty cuts help companies

Dubai Chambers explores ways to strengthen trade and investment ties with Shanghai Federation of Industry and Commerce

Salem AlShamsi: “We are focused on building long-term strategic partnerships that enable Chinese companies to capitalise on Dubai’s competitive advantages.”

Anybody who bet against the Gulf in past 50 years has lost money, says Investcorp's Alardhi

Investment firm moves towards target of hitting $100 billion in assets under management in five to seven years

B&S Investments Launches Global Investment Summit 2026 to Move European Capital Into Gulf Markets

Inaugural Paris Edition Targets a Capital Pipeline of Approximately USD 28.59 Billion, Rising to USD 50 Billion by 2030

Egyptian pound steadies below EGP 51 as regional tensions keep dollar demand elevated

The Egyptian pound stabilized below EGP 51 against the US dollar at Thursday's close of business (COB), as recent escalation in attacks between the US and Iran and concerns over the closing of Bab Al-Mandeb Strait continued to support demand for the

The BIBF strengthens regional leadership development through strategic partnership with Namaa X

Collaboration advances executive education, leadership excellence and organisational transformation across the GCC

DAMAC opens final tower at Chelsea Residences

Last release at Dubai Maritime City follows sell-out success of the first five towers

Tensions spur ultra-rich to diversify across Asia

Anecdotal evidence suggests that high-net-worth individuals are already exploring moving assets from the Middle East to elsewhere in Asia, with most of them preferring Singapore.

ECB strengthens income assessment and enriches individual credit reports with GPSSA and Nafis data

Strengthening income assessment and broadening the information available through the Individual Credit Report

Sharjah Chamber explores business opportunities under UAE’s CEPAs to drive investment and trade growth

The workshop featured representatives from the UAE Ministry of Foreign Trade and DHL Group, the world's leading logistics company

The Future Investment Initiative announces landmark 10th anniversary edition in Riyadh

Taking place in Riyadh from October 26–29, 2026 under the theme “The Power of Legacy”

Credit granted by banks in Oman to private sector rises

Their investments in foreign securities also increased by 36.1 percent, reaching OMR 2.6 billion by the end of May 2026.

Venture studios, innovation challenges push Qatar startups towards contracts

Supporting founders in gaining C-suite access to corporations, presenting their solutions, and developing innovation together can have a long-term impact on the startup’s viability,” Lints stated.

Dubai Chambers teams up with Wio Bank for faster business banking

Through the collaboration, members of Dubai Chamber of Commerce will benefit from a simplified digital account opening process with Wio Bank, alongside improved access to credit solutions

Damac announces handover of 8,800 residential units across Dubai

The handovers span several of its flagship destinations, including Damac Hills, Damac Hills 2, Damac Lagoons, Chic Tower and Elegance Tower

Standard Chartered launches Asia-focused investment fund for UAE wealth clients

The launch comes as Standard Chartered sees growing demand from UAE-based investors for globally diversified portfolios that provide exposure to long-term structural growth opportunities while helping improve resilience across market cycles

Saudi reserve assets rise 8% to $495bn as foreign holdings increase

In contrast, the value of SDRs declined 3.3 percent to SR78.64 billion over the year.

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