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

Ajman Department of Tourism, Culture and Media signs cooperation agreement with Germany’s Vtours

To strengthen emirate’s presence in German market

Oil prices up 1% as Iran crisis disrupts Middle East supply

The primary ‌near-term driver for oil prices remains the US-Iran conflict

GCC banks resilient to Iran conflict risks amid strong buffers

Analysts and rating agencies say the region’s banking system remains fundamentally resilient despite rising geopolitical tensions.

Saudi Tadawul’s net profit drops 36% on softer trading activity

Operating revenues dipped, partially offset by higher revenues from non-trading services

Nasdaq Dubai announces temporary closure amid Mideast conflict

The DFSA continues to closely monitor developments in the region, and remains in regular contact with local authorities and relevant advisories

New York hedge fund CEO eyes UAE opportunity

TR Investments expands global footprint from New York to Dubai, targeting Gulf investors

UAE gold prices jump more than Dh10 as war fears drive rush to safe assets

Regional conflict fuels safe-haven demand while local bullion hits multi-week highs

Foreign funds resort to heavy selloff as QSE index plummets 215 points; M-cap erodes QR14.04bn

The domestic funds were increasingly net buyers in the main bourse, which saw no trading of sovereign bonds.

Dollar Jumps, Euro Rises Against Egyptian Pound

Other banks reported similar ranges, with most quotations clustering just below the EGP 48 threshold for buying.

UAE Central Bank launches world’s first sovereign financial cloud platform

CBUAE partners Core42 to build secure AI-powered financial cloud ecosystem

Saudi environmental compliance sector unveils opportunities worth over $8bn

Sectors such as industry, energy, mining, construction, services, and infrastructure rely on it to comply with environmental regulations and enhance operational efficiency.

Gold, silver prices rise in Dubai amid US tariff uncertainty

Spot gold jumped 0.62 per cent to $5,190.4 per ounce at around 9 am UAE time.

Deloitte announces the launch of an EMEA firm

The primary purpose of this change is to serve the EMEA market at even greater scale through strategic alignment across participating firms.

Closing Bell: Saudi main index nudges up 0.34% to close at 10,984

The total trading turnover of the benchmark index was SR4.39 billion ($1.17 billion), as 59 of the stocks advanced and 202 retreated.

Aljazira Bank and BIBF conclude a specialised leadership development program under the “Future Leaders” initiative

Attended by a number of senior executives from both entities, with the participation of a select group of youth from across the GCC countries.

SICO reports BD 5.5mln ($14.6mln) net profit attributable to shareholders for the year ended 31 December 2025

For the quarter, SICO’s recorded a consolidated net profit attributable to shareholders of BD 0.43 million

Partners Group announces planned office in Kuwait, expanding its presence in the GCC

The application process for the office is under way, and subject to regulatory approvals, the firm expects to announce its completion and the appointment of a local leadership team in due course

TMG promoted from the Small Cap segment to the Mid Cap segment within the FTSE Russell Global Equity Index Series

As part of the March 2026 Semi-Annual Review for the Middle East & Africa region.

Klaim Holdings and Amwal Capital Partners sign private credit facility of up to USD 25mln

To accelerate regional and U.S. growth

World Bank to manage Gaza reconstruction fund: Ajay Banga

Gaza fund ready for donations, says World Bank President

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