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

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

DIFC and Lloyd’s collaborate to develop future talent in the insurance sector

DIFC Academy and Lloyd’s Academy will work together to foster development of future talent into insurance industry

National Finance strengthens ESG commitment with comprehensive sustainability strategy framework

Offering an in-depth overview of its current ecological footprint and future initiatives

Turkey's Getir and Abu Dhabi fund Mubadala still at odds over restructuring

"The approval of this restructuring plan marks a significant milestone for Getir, enabling access to critical funding and resources necessary to execute against the existing long-term strategy," Mubadala said

Unlocking Saudi Arabia’s capital markets: Apex FundRock’s role in driving growth

Apex FundRock’s launch of its Management Company (“ManCo”) business in Riyadh is a significant step to help strengthening the Kingdom’s financial ecosystem.

Shurooq raises the bar for luxury coastal living with sales launch of two new towers at Ajwan Khorfakkan

Prospective buyers who secure their units during ACRES 2025, from January 22 to 25, will receive a 50% discount on registration fees

Mashreq expands corporate banking footprint to Oman with tailored financial solutions

Mashreq’s entry into Oman comes amid growing demand for financial solutions aligned with regional and global market trends.

QNB net profit surges 8% to QR16.7bn in 2024

QNB Group’s presence spans 28 countries across three continents operating from approximately 900 locations

LSEG report on investment banking activity in the MENA region for 2024

Advisory fees earned from completed M&A transactions totalled US$295.9 million in 2024, a 3% increase from year ago levels.

Bahrain Airport Company, BBK sign strategic partnership to develop "Express Cargo Village"

The Express Cargo Village will feature advanced warehouses, aircraft service areas, and modern infrastructure.

The UAE’s Hedge Fund Boom: Lessons from an Emerging Financial Services Powerhouse

The shift in hedge fund location seems to be a long-term affair.

Saudi Arabia’s PIF completes acquisition of 23.08% stake in Saudi Re

The investment is expected to boost the growth of the local reinsurance sector and improve coverage for commercial activities for insurance firms and companies in general

UAE insurance sector has a challenge to keep premium spikes in check

Insurance premium increases are coming thick and fast and needs careful handling

Hassi Properties launches exclusive private office in Dubai

Catering to high-net-worth and ultra-high-net-worth individuals

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