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

CI Capital concludes advisory on United Bank’s EGP 4.57B IPO on EGX

This marks the first bank IPO on the EGX in nearly 30 years.

Oman’s economic growth to pick up to 3% in 2025-26, World Bank says

Inflation within the GCC is expected to remain relatively stable

UAE residents, businesses will have relief after 2024's biggest insurance premium hikes

After 2024's record hikes, 'market will not see increases on increases': Liva Group CEO

PIF prepares for Third Private Sector Forum in February 2025

The goal is to equip businesses with the information needed to make informed investment decisions.

Qatar launches 'green bond trading' on London Stock Exchange

The green bonds are currently listed on the London Stock Exchange and aim to finance environmentally friendly projects."

Saudi Venture Capital invests in a private equity fund by Aliph Capital

Aliph Fund I invests in mid-market companies across Saudi Arabia

Markaz: Kuwait equity markets positive despite geopolitical uncertainty

S&P GCC Composite Index down 1.4% in November

Progeny becomes CII international professional partner firm

Achieving IPPF status brings Progeny’s international offices in UAE, Singapore, Hong Kong, Belgium into alignment

Abu Dhabi sovereign wealth fund Mubadala nabs Canadian asset manager

Demand for stakes in asset management businesses (from other asset management businesses) is rising

Al Marwan Real Estate to boost residential experience with Yardi

Sharjah-based property management and development company to reshape residential communities and unify real estate processes with intuitive cloud technology

QSE opens week on stronger note; foreign funds turn bullish

The Gulf individuals were seen increasingly net sellers in the main bourse, which saw no trading of sovereign bonds.

Demand and ongoing investments to boost growth of GCC companies

Prospects are better for 2025 after a tough 2022-2024 for Sub-Saharan Africa

JTC to Acquire Specialist Fiduciary Business FFP, Cayman Islands, BVI and Dubai

JTC’s Commercial Office has been actively working on the establishment of a Governance Service practice.

‘QSTP enhances role as natural ecosystem for world-class tech-preneurs’

Dr. Lau said “As we move forward in our journey, our sights are set on further broadening our impact as a natural ecosystem for world-class entrepreneurs."

PwC acquires Saudi consultancy firm Emkan Education

This combination is a significant milestone in our commitment to helping shape the future of education across the region.

US private equity company Andalusian to open first global office in UAE by early 2025

It is among a raft of companies looking to capitalise on regional liquidity and investment in emerging asset classes such as private credit

International insurer Rokstone launches in Dubai IFC

The Dubai operation will capture regional business in MENA not currently coming to London

Savills Egypt wins ‘Best Real Estate Agency’ at 2024 Euromoney Real Estate Awards

The team expanded to over 165 professionals, delivering consultancy for more than 5.5 million square meters across the MENA region and actively managing over 1 million square meters in Egypt

Big Gulf banks buck global trend as lending income growth continues

QNB expects central banks in advanced economies to take policy rates from "restrictive territory towards neutral and accommodative levels by mid-2025

Saudi insurers expect financial boost from new reinsurance mechanism

The mechanism is set to take effect on Jan. 1, giving licensed reinsurance companies the priority to accept or decline these assignments, it added.

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