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

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.

Dubai gold prices ease again, but can buyers expect a bigger drop?

Gold slips in Dubai as US-Iran tensions leave buyers watching next price move

Privatisation programme gains momentum

Developments in Egypt’s privatisation programme over the last two months have seen a change to a higher gear

Kuwait bank financing for imports falls to 3.33 billion dinars in five months

Total import financing stood at 3.33 billion dinars between January and May, marking an 8 percent decline, or 293 million dinars, from 3.627 billion dinars recorded during the corresponding period in 2025.

National Investments Company reinforces its commitment to sustainability

With the release of its annual sustainability report

Saudi banks maintain resilience as Q1 deposits rise 3.9%: Alvarez & Marsal

The sector’s net interest margin held steady at 2.84 percent, supported by lower funding costs as the cost of funds declined to 3.2 percent.

Ministry of Finance announces the official listing of the UAE's inaugural Sovereign Retail T-Sukuk Programme

Media briefing showcases the programme's strategic outlook

Saudi main index continues YTD growth momentum, advances 2.9%

The Dubai Financial Market General Index recorded the largest monthly gain in the GCC

JLL strengthens regional leadership to drive project delivery at scale

Maroun Deeb named Head of Project & Development Services for Middle East & Africa

State Street Secures Local Fund Administration License in Saudi Arabia

This is a significant step in how we support our clients in Saudi Arabia, as well as our global clients as they continue to invest in and expand their presence across the Middle East

UAE exports record oil volumes after Opec exit, shows ship-tracking data

The rise can be attributed to multiple factors, including a resumption in flows via the Strait of Hormuz

National Finance hosts ‘HR Future Ready Banking & Financial Services Sector’ forum

Driving workplace innovation and industry excellence

PIF assets rise 5% to $1.21tn, net profit more than doubles

PIF’s net profit for 2025 stood at SR65.1 billion, compared with SR25.8 billion in 2024, more than doubling year on year.

Allianz Trade Middle East is great place to Work Certified 2026

This year, 89% of employees said it’s a great place To Work

Saudi services exports climb 7.9% in Q1 as travel drives non-oil growth

The growth underscores the Kingdom’s continued progress in diversifying its economy under Vision 2030

Oman’s insurance sector investments climb 10.3% to $2.28bn in Q1

The regulation also requires insurers to invest at least 70 percent of their total investments within Oman

Foreigner real estate ownership changes given Cabinet approval, enhancing Saudi competitiveness

The move comes as Saudi Arabia’s real estate sector is experiencing rapid growth, underpinned by the Kingdom’s Vision 2030 economic transformation agenda.

Alternative Investments