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

Foreign currency deposits in Egypt's banks rise 15.2% YoY in 2024

This growth is attributed to deposits from the public business sector, the private business sector, and the household sector

Dubai real estate has another busy month with property sales worth AED40bn

A market update issued today by fäm Properties showed that apartment sales worth AED19.9bn rose 31.2%

Saudi bank lending hits record $788bn as corporate loans surge

Financial and insurance activities loans followed real estate with the third-highest growth rate, increasing by 31 percent to SR136.6 billion.

EVEST Awarded “ BEST CFD BROKER” at the Qatar Financial Expo & Awards 2025

Technology is no longer just a tool—it has become the backbone of the investment industry.

Avison Young UAE to Streamline Asset Management Operations with Yardi Cloud Solutions

Global real estate services firm to implement intuitive property management and financial platforms to enhance service delivery and asset management in the United Arab Emirates

RSM hits global $10 billion milestone and celebrates massive growth in MENA

In the 12 months of 2024, RSM booked 6% revenue growth to lift its revenues from $9.4 billion in 2023 to $10.0 billion last year.

Construction projects in Saudi Arabia: HKA shares key lessons for contractors

Experts from the firm outline how a better understanding of risk factors

IQ posts net profit of QR4.5bn in 2024

In 2024, the petrochemical sector faced significant challenges from both demand and supply sides.

Emirates NBD brings back its Mega Foreign Exchange and Trade customer promotion for SME customers

The higher the foreign exchange or trade transactions, the greater the chances for customers to win enticing prizes.

Keyper partners with First Abu Dhabi Bank and Dubai First to transform rent payments

With guaranteed cashback and a chance to win one month’s rent

Bank Muscat, Knight Frank MENA lead sale of 5-star hotel in Dubai

The landmark transaction was institutionally run in a process format, on behalf of the bank by the Knight Frank MENA Capital Markets team

QIC named Insurer of The Year in Qatar

For the 4th consecutive year at the prestigious MENA II Awards 2025

Qatar’s data center market to reach over QR750m in 2025

The data further highlights that Qatar’s network infrastructure dominates the market

Kuwait ready to move on long-awaited mortgage law

The repayment period for mortgages would be 25 years

Qatar’s investments in AI developments bolster tech market

Last year, the Qatar Investment Authority (QIA) announced a $1bn fund of funds initiative to accelerate the startup ecosystem in the region.

Dubai’s Samana Developers targets ultra-wealthy with $600mn Elie Saab Maldives hideaway

Nightly rates to hit $8,000 at Elie Saab’s first Maldives resort, as Dubai developer launches $2.3 million pool apartments with invite-only beach villas launching for sale soon

Bahrain’s GFH US investments in AI, data centres exceed $200mln

The investments target infrastructure development in the US

DP World's multi-currency stablecoin solution for efficient global trade settlements

By collaborating with leading firms from Singapore, India, the UAE, and other key markets, DP World aims to introduce accessible, instant, and transparent cross-border payment solutions powered by stablecoins

Saudi Vision 2030 spurring growth across the real estate sector, says industry leader at Davos

Housing demand in Saudi Arabia is surging, driving the need for significant funding and development

Saudi Arabia plans $600 billion in new US investment, trade over four years

Trump said following his inauguration on Monday that he would consider making Saudi Arabia his first destination for a foreign visit

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