Managers of Wealth - Middle East https://middleeast.managersofwealth.com/ Sat, 22 Feb 2025 02:57:29 GMT part of MediaG8way Group https://middleeast.managersofwealth.com/ https://middleeast.managersofwealth.com/assets/images/logo.png Managers of Wealth - Middle East KohanaPHP Ex-DFSA COO named Securities and Commodities Authority CEO News Aggregation Team Friday, February 21, 2025 12:00 am https://middleeast.managersofwealth.com/article/49242/ex-dfsa-coo-named-securities-and-commodities-authority-ceo He played a ‘pivotal role in supporting the UAE’s efforts in exiting from the FATF Grey List’ On the Move Klay strengthens multi-family office team with key appointments in UAE News Team Thursday, February 20, 2025 12:00 am https://middleeast.managersofwealth.com/article/49232/klay-strengthens-multi-family-office-team-with-key-appointments-in-uae These pivotal additions are set to enhance Klay's capabilities On the Move Barclays Appoints Corporate Banking Duo in Singapore News Aggregation Team Tuesday, February 18, 2025 12:00 am https://middleeast.managersofwealth.com/article/49216/barclays-appoints-corporate-banking-duo-in-singapore In the newly created role, they will both be based out of Singapore. On the Move ADGM appoints Justice Paul Heath KC as a Judge to ADGM Courts News Team Friday, February 14, 2025 12:00 am https://middleeast.managersofwealth.com/article/49206/adgm-appoints-justice-paul-heath-kc-as-a-judge-to-adgm-courts Justice Paul Heath KC replaces Justice William Stone SBS KC after he retired as a Judge in late 2024 On the Move TBH boosts Saudi team with leadership hires Mike Belt and Alaa Arabi News Aggregation Team Thursday, February 13, 2025 12:00 am https://middleeast.managersofwealth.com/article/49202/tbh-boosts-saudi-team-with-leadership-hires-mike-belt-and-alaa-arabi Both new members join the Australian-origin firm in its growing Saudi practice On the Move EFG Hermes appoints Dr. Khalid AlSweilem as Chairman of EFG Hermes KSA News Team Tuesday, February 11, 2025 12:00 am https://middleeast.managersofwealth.com/article/49184/efg-hermes-appoints-dr-khalid-alsweilem-as-chairman-of-efg-hermes-ksa Dr. AlSweilem’s leadership comes as part of EFG Hermes’ ongoing commitment to expanding its presence in the Kingdom On the Move Ocorian appoints new head of Dubai regulatory compliance provider News Aggregation Team Monday, February 10, 2025 12:00 am https://middleeast.managersofwealth.com/article/49183/ocorian-appoints-new-head-of-dubai-regulatory-compliance-provider She previously worked at National Bank of Fujairah On the Move Morgan Stanley MENA appoints new co-heads for investment banking News Aggregation Team Thursday, February 06, 2025 12:00 am https://middleeast.managersofwealth.com/article/49161/morgan-stanley-mena-appoints-new-co-heads-for-investment-banking Pradyut Pratap and Usman Akram are the new Co-Heads of MENA Investment Banking On the Move Emirates NBD names new group head of wealth advisory News Aggregation Team Wednesday, February 05, 2025 12:00 am https://middleeast.managersofwealth.com/article/49151/emirates-nbd-names-new-group-head-of-wealth-advisory The internal promotion comes after the bank introduced its next gen programme last year. On the Move Barclays Private Bank appoints head of investments for Switzerland and Dubai News Aggregation Team Wednesday, February 05, 2025 12:00 am https://middleeast.managersofwealth.com/article/49152/barclays-private-bank-appoints-head-of-investments-for-switzerland-and-dubai The senior hire was previously at Pictet focusing on the Middle East region. On the Move DIFC marks 20th anniversary, reports record performance in 2024 News Aggregation Team Wednesday, February 19, 2025 12:00 am https://middleeast.managersofwealth.com/article/49228/difc-marks-20th-anniversary-reports-record-performance-in-2024 DIFC is set to open a new Funds Centre in 2025, offering dedicated space for investment managers to raise capital and expand their operations Legal, Tax, Regulation & Compliance UAE Central Bank mandates professional qualifications for senior insurance executives News Aggregation Team Tuesday, February 18, 2025 12:00 am https://middleeast.managersofwealth.com/article/49220/uae-central-bank-mandates-professional-qualifications-for-senior-insurance-executives The regulations also outline the criteria for continuing professional development Legal, Tax, Regulation & Compliance Qatar Central Bank Issues Data Handling And Protection Regulation News Aggregation Team Monday, February 17, 2025 12:00 am https://middleeast.managersofwealth.com/article/49210/qatar-central-bank-issues-data-handling-and-protection-regulation The Qatar Central Bank emphasizes the importance of securing data usage within the financial sector Legal, Tax, Regulation & Compliance Qatar Central Bank issues Data Handling and Protection Regulation News Aggregation Team Monday, February 17, 2025 12:00 am https://middleeast.managersofwealth.com/article/49212/qatar-central-bank-issues-data-handling-and-protection-regulation The goal is to provide advanced financial services efficiently while ensuring data protection. Legal, Tax, Regulation & Compliance Doha Bank, CMU-Q sign MoU News Team Monday, February 17, 2025 12:00 am https://middleeast.managersofwealth.com/article/49214/doha-bank-cmu-q-sign-mou Our collaboration with Carnegie Mellon University in Qatar will help bridge the gap between academia and industry Legal, Tax, Regulation & Compliance Egypt's Khazna to apply for banking licence after securing $16 million in pre-Series B News Aggregation Team Friday, February 07, 2025 12:00 am https://middleeast.managersofwealth.com/article/49168/egyptamp039s-khazna-to-apply-for-banking-licence-after-securing-16-million-in-pre-series-b Khazna, an Egypt-based fintech that offers financial services to underserved segments, has raised a $16 million pre-Series B funding round as it prepares to apply for a digital banking licence. Legal, Tax, Regulation & Compliance KPMG to host inaugural Public Sector Excellence Forum 2025 in Riyadh News Aggregation Team Wednesday, February 05, 2025 12:00 am https://middleeast.managersofwealth.com/article/49155/kpmg-to-host-inaugural-public-sector-excellence-forum-2025-in-riyadh Along the lines of these four themes, the Public Sector Excellence Forum will delve into key areas such as building national competence to meet future challenges and leveraging cutting-edge technologies like AI to revolutionize public service delivery. Legal, Tax, Regulation & Compliance QSE signs MoU with Arqaam Capital News Aggregation Team Wednesday, February 05, 2025 12:00 am https://middleeast.managersofwealth.com/article/49159/qse-signs-mou-with-arqaam-capital This initiative allows listed companies to gain coverage by reputable research firms, facilitating greater market visibility and informed investment decisions. Legal, Tax, Regulation & Compliance Dubai and Abu Dhabi attendees at wealth management seminars given guidance News Team Tuesday, February 04, 2025 12:00 am https://middleeast.managersofwealth.com/article/49146/dubai-and-abu-dhabi-attendees-at-wealth-management-seminars-given-guidance On how to plan financially against a background of rising taxes in the UK Legal, Tax, Regulation & Compliance Global management consultancy Oliver Wyman grows revenues by 9% to $3.4 billion News Aggregation Team Tuesday, February 04, 2025 12:00 am https://middleeast.managersofwealth.com/article/49149/global-management-consultancy-oliver-wyman-grows-revenues-by-9-to-34-billion While the bulk of Marsh McLennan’s revenues derive from risk & insurance services – at $15.4 billion last year – the contribution of Oliver Wyman continues to grow. Legal, Tax, Regulation & Compliance HSBC to sell Bahrain retail banking operations as restructuring progresses News Aggregation Team Wednesday, February 19, 2025 12:00 am https://middleeast.managersofwealth.com/article/49224/hsbc-to-sell-bahrain-retail-banking-operations-as-restructuring-progresses The deal will see a transfer of retail loans, deposits and accounts of about 76,000 customers to BBK Retail Banking Emirates NBD to issue $1bln AT1 capital securities priced at 6.25% News Aggregation Team Wednesday, February 19, 2025 12:00 am https://middleeast.managersofwealth.com/article/49225/emirates-nbd-to-issue-1bln-at1-capital-securities-priced-at-625 Dubai’s largest lender will list the issuance on Euronext Dublin and Nasdaq Dubai Retail Banking Housing Bank Named 'Top Employer Jordan 2025' for the Third Consecutive Year News Aggregation Team Wednesday, February 19, 2025 12:00 am https://middleeast.managersofwealth.com/article/49231/housing-bank-named-amp039top-employer-jordan-2025amp039-for-the-third-consecutive-year The certification process involves a comprehensive evaluation of several key areas Retail Banking NBO launches graduate program to empower future leaders in Oman’s banking sector News Team Tuesday, February 18, 2025 12:00 am https://middleeast.managersofwealth.com/article/49219/nbo-launches-graduate-program-to-empower-future-leaders-in-omanamprsquos-banking-sector The National Bank of Oman (NBO) has launched its Graduate Program (NBO Tomorrow’s Leaders), designed to attract and develop talented graduates from diverse fields. Retail Banking Checkout.com Becomes the First Acquirer in the UAE to Launch Visa Direct Push-to-Card Solution News Aggregation Team Tuesday, February 18, 2025 12:00 am https://middleeast.managersofwealth.com/article/49221/checkoutcom-becomes-the-first-acquirer-in-the-uae-to-launch-visa-direct-push-to-card-solution The Push-to-Card solution enables merchants and consumers in the UAE to send money quickly and easily to eligible Visa cards, offering near real-time fund disbursements. Retail Banking BankDhofar elevates government financial management with Treasury Single Account integration News Team Monday, February 17, 2025 12:00 am https://middleeast.managersofwealth.com/article/49209/bankdhofar-elevates-government-financial-management-with-treasury-single-account-integration By aligning with key government initiatives, the Bank contributes significantly to effective financial management and operational efficiency. Retail Banking Suez Canal Bank aims to become key player in Egypt’s financial, banking sector: CEO & managing director News Aggregation Team Monday, February 17, 2025 12:00 am https://middleeast.managersofwealth.com/article/49213/suez-canal-bank-aims-to-become-key-player-in-egyptamprsquos-financial-banking-sector-ceo-ampamp-managing-director The bank’s investment strategy includes launching or investing in financial arms specialising in non-banking financial services Retail Banking Ant International opens first Middle East office in Saudi News Aggregation Team Thursday, February 13, 2025 12:00 am https://middleeast.managersofwealth.com/article/49198/ant-international-opens-first-middle-east-office-in-saudi Ant International operates in 200 markets worldwide, serving 90 million merchants with its financial and digital solutions. Retail Banking KIB Group achieved profit of $75mln for the year 2024 News Aggregation Team Wednesday, February 12, 2025 12:00 am https://middleeast.managersofwealth.com/article/49194/kib-group-achieved-profit-of-75mln-for-the-year-2024 Total operating income increased by 26% over 2023 Retail Banking Foreign asset surplus in Egypt’s banking sector reaches $5.2bln in 2024 News Aggregation Team Tuesday, February 11, 2025 12:00 am https://middleeast.managersofwealth.com/article/49186/foreign-asset-surplus-in-egyptamprsquos-banking-sector-reaches-52bln-in-2024 Net foreign assets first recorded a surplus in May 2024, reaching $13.46bln after a deficit of $3.47bln at the end of April Retail Banking Mubadala sovereign wealth fund invests $437m in Bitcoin. There’s more… News Aggregation Team Friday, February 21, 2025 12:00 am https://middleeast.managersofwealth.com/article/49236/mubadala-sovereign-wealth-fund-invests-437m-in-bitcoin-thereamprsquos-moreamphellip It has also been noted that the investment by the Abu Dhabi sovereign wealth fund roughly coincided with BlackRock Alternative Investments GCC equity markets to deliver returns of 12-13% in 2025: FAB News Aggregation Team Friday, February 21, 2025 12:00 am https://middleeast.managersofwealth.com/article/49243/gcc-equity-markets-to-deliver-returns-of-12-13-in-2025-fab Dubai’s stock market delivered a return of 30.57% as of December 16 Alternative Investments UAE banks led by FAB finance $232mln to energy trader BGN News Aggregation Team Friday, February 21, 2025 12:00 am https://middleeast.managersofwealth.com/article/49241/uae-banks-led-by-fab-finance-232mln-to-energy-trader-bgn ADEX-backed revolving credit line increased from $100 million Alternative Investments Nisus Finance expands global investor reach for DIFC property fund News Team Friday, February 21, 2025 12:00 am https://middleeast.managersofwealth.com/article/49244/nisus-finance-expands-global-investor-reach-for-difc-property-fund Invests $55M in Prime Dubai Residences Alternative Investments Bridging market set to grow following wave of US and Middle Eastern investment News Aggregation Team Thursday, February 20, 2025 12:00 am https://middleeast.managersofwealth.com/article/49237/bridging-market-set-to-grow-following-wave-of-us-and-middle-eastern-investment Despite these plummeting numbers, American and Middle Eastern investors purchasing super-prime London property Alternative Investments Apex Group reaffirms commitment to Saudi Arabia with HQ launch News Team Thursday, February 20, 2025 12:00 am https://middleeast.managersofwealth.com/article/49234/apex-group-reaffirms-commitment-to-saudi-arabia-with-hq-launch Apex Group’s commitment to Saudi Arabia goes beyond establishing a regional headquarters. Alternative Investments Arab Fund champions collaborative efforts to advance impact measurement & management in development finance News Team Thursday, February 20, 2025 12:00 am https://middleeast.managersofwealth.com/article/49235/arab-fund-champions-collaborative-efforts-to-advance-impact-measurement-ampamp-management-in-development-finance The workshop aims to help both funds maximize the impact of their development projects Alternative Investments Al Ramz continues regional expansion with Bahrain Bourse market making license News Team Wednesday, February 19, 2025 12:00 am https://middleeast.managersofwealth.com/article/49226/al-ramz-continues-regional-expansion-with-bahrain-bourse-market-making-license Al Ramz Capital LLC secures market maker license on Bahrain Bourse Alternative Investments InCred Group Acquires Arrow Capital DIFC, Expanding Its Footprint in the Middle East News Team Tuesday, February 18, 2025 12:00 am https://middleeast.managersofwealth.com/article/49218/incred-group-acquires-arrow-capital-difc-expanding-its-footprint-in-the-middle-east This strategic move marks a significant expansion of InCred's global capabilities across wealth management, investment banking, and asset management, while strengthening its presence in the Middle East and Africa. Alternative Investments Union of Arab Banks to launch project for restructuring Syrian banking sector with European partnership News Aggregation Team Tuesday, February 18, 2025 12:00 am https://middleeast.managersofwealth.com/article/49222/union-of-arab-banks-to-launch-project-for-restructuring-syrian-banking-sector-with-european-partnership He noted that the previous regime left a heavy economic legacy that the new government will face in the coming period, representing significant challenges. Alternative Investments Gulf wealth managers prepare for consolidation in 2025 News Aggregation Team Tuesday, February 18, 2025 12:00 am https://middleeast.managersofwealth.com/article/49223/gulf-wealth-managers-prepare-for-consolidation-in-2025 The Gulf is the key jurisdiction to watch in 2025, leading this surge of M&A and consolidation. Wealth & Asset Management Aument Capital Group Secures In-Principle Approval from FSRA News Team Wednesday, February 12, 2025 12:00 am https://middleeast.managersofwealth.com/article/49192/aument-capital-group-secures-in-principle-approval-from-fsra This approval positions the AumentCapital Group to expand its tech-enabled wealth management solutions to theMENA region Wealth & Asset Management Mashreq delivers another year of exceptional growth with a record AED 9.9bln net profit before tax in 2024 News Team Friday, January 31, 2025 12:00 am https://middleeast.managersofwealth.com/article/49137/mashreq-delivers-another-year-of-exceptional-growth-with-a-record-aed-99bln-net-profit-before-tax-in-2024 Total Operating Income increased by 24% in 2024 to AED 13.4 billion, delivering another year of exceptional growth Wealth & Asset Management The Rise of Family Offices: Wealth Management in Modern Times News Aggregation Team Tuesday, January 28, 2025 12:00 am https://middleeast.managersofwealth.com/article/49112/the-rise-of-family-offices-wealth-management-in-modern-times As financial markets become increasingly complex, family offices have emerged as welcome market participants, offering haute-couture strategies that align with broader family values and long-term goals. Wealth & Asset Management Holborn Assets Unveils New App to Optimise Wealth Management News Team Tuesday, January 28, 2025 12:00 am https://middleeast.managersofwealth.com/article/49113/holborn-assets-unveils-new-app-to-optimise-wealth-management One of the app's stand-out features is its ability to track residency and citizenship by investment applications. Wealth & Asset Management Dubai lures Chinese banks looking for opportunities in wealth management News Aggregation Team Friday, January 24, 2025 12:00 am https://middleeast.managersofwealth.com/article/49096/dubai-lures-chinese-banks-looking-for-opportunities-in-wealth-management The regulator says CICC has been granted a license, having seen an “uptick” in interest from Hong Kong hedge funds. Wealth & Asset Management Citi rolls out affluent credit card in the UAE News Aggregation Team Tuesday, January 21, 2025 12:00 am https://middleeast.managersofwealth.com/article/49079/citi-rolls-out-affluent-credit-card-in-the-uae The Citi Ultima Mastercard credit card was introduced to select Citigold Private Clients in Dubai. Wealth & Asset Management Gulf Bank unveils exclusive new services for private banking clients News Team Tuesday, January 21, 2025 12:00 am https://middleeast.managersofwealth.com/article/49081/gulf-bank-unveils-exclusive-new-services-for-private-banking-clients A New Brand Identity that Aligns with Customer Aspirations and Provides an Exceptional Experience for the Affluent Wealth & Asset Management ASK Private Wealth widens its global footprint through new DIFC office to serve NRIs and global investors News Team Wednesday, January 15, 2025 12:00 am https://middleeast.managersofwealth.com/article/49047/ask-private-wealth-widens-its-global-footprint-through-new-difc-office-to-serve-nris-and-global-investors Part of Blackstone-backed ASK Asset & Wealth Management Group, ASK Wealth Advisors (DIFC) Pvt Ltd (‘ASKWA DIFC’) will use DIFC as a hub for its Middle East and Africa operations Wealth & Asset Management Growth of new hubs challenges Swiss private banking stalwarts News Aggregation Team Friday, January 10, 2025 12:00 am https://middleeast.managersofwealth.com/article/49021/growth-of-new-hubs-challenges-swiss-private-banking-stalwarts The global financial landscape is undergoing a dramatic transformation. Wealth & Asset Management Fawry launches e-wallet deposit, withdrawal service via partnership with Banque Misr, EBC News Aggregation Team Thursday, February 20, 2025 12:00 am https://middleeast.managersofwealth.com/article/49233/fawry-launches-e-wallet-deposit-withdrawal-service-via-partnership-with-banque-misr-ebc The new service enables customers who hold e-wallets from any bank or financial institution to easily perform cash in and out interoperable at electronic points of sale available through Fawry's network FinTech Alinma Bank signs with IBM for hybrid cloud and AI integration News Team Thursday, February 20, 2025 12:00 am https://middleeast.managersofwealth.com/article/49239/alinma-bank-signs-with-ibm-for-hybrid-cloud-and-ai-integration IBM and Alinma Bank announce that Alinma Bank, a leading financial institution in Saudi Arabia, has adopted IBM’s advanced hybrid cloud and AI integration technologies. FinTech DGHR signs MoU with Digital Dubai Authority to enhance joint cooperation News Team Wednesday, February 19, 2025 12:00 am https://middleeast.managersofwealth.com/article/49227/dghr-signs-mou-with-digital-dubai-authority-to-enhance-joint-cooperation In advancing digital transformation goals across government entities FinTech KPMG expands PREVA accounting service into Saudi Arabia, Jordan and Lebanon News Aggregation Team Wednesday, February 19, 2025 12:00 am https://middleeast.managersofwealth.com/article/49229/kpmg-expands-preva-accounting-service-into-saudi-arabia-jordan-and-lebanon PREVA is designed to bridge this gap, providing CEOs, founders and leadership teams with an accounting foundation. FinTech Saudi BNPL fintech Tabby raises $160m Series E, IPO plans reportedly underway News Aggregation Team Thursday, February 13, 2025 12:00 am https://middleeast.managersofwealth.com/article/49196/saudi-bnpl-fintech-tabby-raises-160m-series-e-ipo-plans-reportedly-underway Wellington Management previously spearheaded Tabby’s $200 million Series D in 2023, which saw the company achieve unicorn status with a valuation of $1.5 billion. FinTech Saudi fintech firm RasMal nets $4.8m pre-series A News Aggregation Team Thursday, February 13, 2025 12:00 am https://middleeast.managersofwealth.com/article/49197/saudi-fintech-firm-rasmal-nets-48m-pre-series-a The funding will enhance automation in equity transfers and fundraisng, aligning with Saudi Vision 2030’s goal of developing a tech-driven financial ecosystem. FinTech Why is Top Fintech Talent Considering Moving to the Middle East? News Aggregation Team Thursday, February 13, 2025 12:00 am https://middleeast.managersofwealth.com/article/49199/why-is-top-fintech-talent-considering-moving-to-the-middle-east At that time, the venture capital (VC) scene in the region remained very small. FinTech Google Cloud and Accenture launch Generative AI Center of Excellence in Saudi Arabia News Aggregation Team Thursday, February 13, 2025 12:00 am https://middleeast.managersofwealth.com/article/49203/google-cloud-and-accenture-launch-generative-ai-center-of-excellence-in-saudi-arabia Now, Saudi Arabia has been unveiled as the next location (and first in the Middle East), with the initiative set to provide a major boost to the Kingdom’s generative AI scene. FinTech Al Rayan Bank selects Finastra to upgrade its core banking solution for enhanced Islamic finance services in Qatar News Team Wednesday, February 12, 2025 12:00 am https://middleeast.managersofwealth.com/article/49195/al-rayan-bank-selects-finastra-to-upgrade-its-core-banking-solution-for-enhanced-islamic-finance-services-in-qatar The bank will upgrade to Finastra’s next-generation core banking solution as part of its technology transformation journey FinTech Qatar continues to position as global leader in balancing tech innovation News Aggregation Team Monday, February 10, 2025 12:00 am https://middleeast.managersofwealth.com/article/49176/qatar-continues-to-position-as-global-leader-in-balancing-tech-innovation Many companies are investing in data privacy and protection initiatives, technologies, audits and trainings as a core tenet of their operations. FinTech ADIB-Egypt’s strategy, future vision to strengthen its market position are on right track: CEO News Aggregation Team Monday, February 17, 2025 12:00 am https://middleeast.managersofwealth.com/article/49211/adib-egyptamprsquos-strategy-future-vision-to-strengthen-its-market-position-are-on-right-track-ceo Our outstanding financial performance reflects a strong commitment to comprehensive growth. Islamic Finance NBO Muzn Islamic Banking introduces corporate running Wakala Financing solution News Team Wednesday, January 29, 2025 12:00 am https://middleeast.managersofwealth.com/article/49122/nbo-muzn-islamic-banking-introduces-corporate-running-wakala-financing-solution This solution empowers businesses of all sizes by addressing their critical working capital needs, receivable financing, and other funding requirements Islamic Finance ADIB Launches Money Management Tracker, Offering Customers Greater Insight Into Spending News Aggregation Team Friday, January 24, 2025 12:00 am https://middleeast.managersofwealth.com/article/49098/adib-launches-money-management-tracker-offering-customers-greater-insight-into-spending This feature looks to empower customers to make more informed financial decisions Islamic Finance Bahrain: Ithmaar Bank launches reward programme for corporate clients News Aggregation Team Wednesday, January 22, 2025 12:00 am https://middleeast.managersofwealth.com/article/49082/bahrain-ithmaar-bank-launches-reward-programme-for-corporate-clients The programme offers eligible Ithmaar Modaraba accountholders the chance to win an additional one per cent profit on their investment Islamic Finance Maples Group supports Warba Bank with launch of $200mln Islamic fund News Team Wednesday, January 22, 2025 12:00 am https://middleeast.managersofwealth.com/article/49087/maples-group-supports-warba-bank-with-launch-of-200mln-islamic-fund Establishing a Cayman Islands-based Shariah-compliant structure to allocate capital to its newly established Warba Islamic Income Fund Islamic Finance QIB named Best Islamic Bank in the GCC from World Union of Arab Bankers News Team Monday, January 13, 2025 12:00 am https://middleeast.managersofwealth.com/article/49030/qib-named-best-islamic-bank-in-the-gcc-from-world-union-of-arab-bankers QIB’s recognition as Best Islamic Bank in the GCC for the year 2024 reaffirms its position as a leader in Shari’a-compliant banking. Islamic Finance Bank Nizwa Fuels Oman's growth with innovative Islamic banking solutions News Team Monday, January 13, 2025 12:00 am https://middleeast.managersofwealth.com/article/49032/bank-nizwa-fuels-omanamp039s-growth-with-innovative-islamic-banking-solutions Leading the path to prosperity Islamic Finance Dhofar Islamic launches special financing campaign with competitive rates starting from 4.75% News Team Thursday, January 09, 2025 12:00 am https://middleeast.managersofwealth.com/article/49018/dhofar-islamic-launches-special-financing-campaign-with-competitive-rates-starting-from-475 The campaign provides an excellent opportunity for customers to secure affordable Sharia-compliant financing Islamic Finance Emirates Islamic wins ‘Best Islamic Bank for SMEs’ and ‘Best Bond Issue of the Year’ at MEA Finance Awards 2024 News Team Friday, December 27, 2024 12:00 am https://middleeast.managersofwealth.com/article/48964/emirates-islamic-wins-amplsquobest-islamic-bank-for-smesamprsquo-and-amplsquobest-bond-issue-of-the-yearamprsquo-at-mea-finance-awards-2024 The bank was recognised as ‘Best Islamic Bank for SMEs’ for its strong proposition for small and medium enterprises Islamic Finance Bank of London and The Middle East plc News Aggregation Team Tuesday, December 24, 2024 12:00 am https://middleeast.managersofwealth.com/article/48954/bank-of-london-and-the-middle-east-plc Integral to Parent’s Strategy: BLME is a key and integral part of BBY Islamic Finance Turkey receives climate funding from Beijing agency News Aggregation Team Friday, February 21, 2025 12:00 am https://middleeast.managersofwealth.com/article/49230/turkey-receives-climate-funding-from-beijing-agency The investment programme will be reviewed semi-annually to meet Turkey’s evolving infrastructure needs. Research, Comment and Analysis Rethink multipolarity – an investor’s roadmap News Team Friday, February 21, 2025 12:00 am https://middleeast.managersofwealth.com/article/49240/rethink-multipolarity-ampndash-an-investoramprsquos-roadmap Fiscal constraints require a minimum price for Saudi Arabia and Russia, as well as for US energy companies to continue investing in their activities. Research, Comment and Analysis Forbes Middle East celebrates 100 prominent female leaders defining business In 2025 News Team Thursday, February 13, 2025 12:00 am https://middleeast.managersofwealth.com/article/49200/forbes-middle-east-celebrates-100-prominent-female-leaders-defining-business-in-2025 Recognizing the Region’s Most Powerful Women in Business Research, Comment and Analysis Deloitte strengthens presence in Saudi Arabia, launches AI services News Aggregation Team Wednesday, February 12, 2025 12:00 am https://middleeast.managersofwealth.com/article/49191/deloitte-strengthens-presence-in-saudi-arabia-launches-ai-services In an interview with Arab News on the sidelines of the LEAP 2025 Tech Conference in Riyadh Research, Comment and Analysis Mashreq enters Oman with ‘humility of an old friend, ambition of a partner’ News Aggregation Team Monday, February 10, 2025 12:00 am https://middleeast.managersofwealth.com/article/49180/mashreq-enters-oman-with-amplsquohumility-of-an-old-friend-ambition-of-a-partneramprsquo This analysis formed the basis of our narrative and video treatment Research, Comment and Analysis Ferrari reports another record-breaking year News Aggregation Team Wednesday, February 05, 2025 12:00 am https://middleeast.managersofwealth.com/article/49160/ferrari-reports-another-record-breaking-year Net profit in the fourth quarter was up 31 percent from the period the year before to 386 million euros, also ahead of forecasts. Research, Comment and Analysis Private banking and expats in the Middle East: a conversation with Amer Malik from Dubai News Team Tuesday, February 04, 2025 12:00 am https://middleeast.managersofwealth.com/article/49144/private-banking-and-expats-in-the-middle-east-a-conversation-with-amer-malik-from-dubai WealthBriefing met with Amer Malik recently, Head of Middle East International at Lombard Odier, at the Swiss private bank’s offices in Dubai. Research, Comment and Analysis Al-Sager: NBK's agility and resilience drive its success in navigating a shifting global landscape News Team Monday, February 03, 2025 12:00 am https://middleeast.managersofwealth.com/article/49140/al-sager-nbkamp039s-agility-and-resilience-drive-its-success-in-navigating-a-shifting-global-landscape On the Sidelines of the 2024 Analyst Conference Research, Comment and Analysis How Transform positions itself as a leading change management partner News Aggregation Team Friday, January 31, 2025 12:00 am https://middleeast.managersofwealth.com/article/49132/how-transform-positions-itself-as-a-leading-change-management-partner A lack of strategic alignment, poor execution, employee resistance, and change fatigue are among the long list of factors which can derail change initiatives. Research, Comment and Analysis Ooredoo Group to build large international submarine cables connecting GCC countries, Iraq News Aggregation Team Friday, January 31, 2025 12:00 am https://middleeast.managersofwealth.com/article/49135/ooredoo-group-to-build-large-international-submarine-cables-connecting-gcc-countries-iraq Ooredoo Oman, an Ooredoo Group company, last year signed an agreement to land the 2Africa Cable System in Barka and Salalah in Oman. Research, Comment and Analysis Turkish export credit bank in 2024 financed $7.8 billion News Aggregation Team Thursday, January 16, 2025 12:00 am https://middleeast.managersofwealth.com/article/49054/turkish-export-credit-bank-in-2024-financed-78-billion These developments made FX deposits more attractive among other commercial loans for exporters Investment Bank Al Ahly Pharos closes advisory on Capital Securitization’s $99mln securitization issue News Aggregation Team Friday, January 03, 2025 12:00 am https://middleeast.managersofwealth.com/article/48989/al-ahly-pharos-closes-advisory-on-capital-securitizationamprsquos-99mln-securitization-issue This transaction was implemented in cooperation with NBE, Arab African International Bank, and Suez Canal Bank who acted as the transaction’s underwriters Investment Bank EFG Hermes Closes EGP 1.78 Billion Securitization Deal for Bedaya Mortgage Finance News Aggregation Team Monday, December 30, 2024 12:00 am https://middleeast.managersofwealth.com/article/48972/efg-hermes-closes-egp-178-billion-securitization-deal-for-bedaya-mortgage-finance The issuance comes as their fifth since inception and the third in a wider EGP 10.0 billion program. Investment Bank Citibank honours QIIB with ‘Excellence in Straight Through Processing Payments’ award News Aggregation Team Monday, December 09, 2024 12:00 am https://middleeast.managersofwealth.com/article/48863/citibank-honours-qiib-with-amplsquoexcellence-in-straight-through-processing-paymentsamprsquo-award Citibank explained that the award was granted to QIIB in recognition of its outstanding performance Investment Bank EFG Hermes concludes $13.51mln securitized bond issuance for valU News Aggregation Team Tuesday, November 19, 2024 12:00 am https://middleeast.managersofwealth.com/article/48759/efg-hermes-concludes-1351mln-securitized-bond-issuance-for-valu The bonds are backed by a receivables portfolio assigned to EFG for Securitization, the special purpose vehicle managing the issuance Investment Bank HSBC leads as MENA’s top earner in investment banking fees News Aggregation Team Tuesday, October 22, 2024 1:00 am https://middleeast.managersofwealth.com/article/48612/hsbc-leads-as-menaamprsquos-top-earner-in-investment-banking-fees HSBC was followed by Standard Chartered ($56.5 million) and First Abu Dhabi Bank ($56 million) in the league tables Investment Bank EFG Hermes introduces streamlined custody arrangement and asset servicing arrangement services across 40 markets News Team Monday, September 02, 2024 1:00 am https://middleeast.managersofwealth.com/article/48335/efg-hermes-introduces-streamlined-custody-arrangement-and-asset-servicing-arrangement-services-across-40-markets The service is designed to address the unique challenges faced by HNWIs, family offices, and small- to mid-sized funds in accessing custody arrangement services Investment Bank EFG Holding continues to report solid performance in the second quarter of 2024 News Team Wednesday, August 14, 2024 1:00 am https://middleeast.managersofwealth.com/article/48228/efg-holding-continues-to-report-solid-performance-in-the-second-quarter-of-2024 EFG Hermes, the Investment Bank, saw its Investment Banking division report all-time high revenues together with Brokerage revenues shooting up Investment Bank EFG Hermes completes advisory on Budget Saudi’s $121mln acquisition of AutoWorld News Team Monday, July 22, 2024 1:00 am https://middleeast.managersofwealth.com/article/48108/efg-hermes-completes-advisory-on-budget-saudiamprsquos-121mln-acquisition-of-autoworld EFG Hermes acted as the sole financial advisor on the transaction, which is set to create a new powerhouse in the Saudi auto industry Investment Bank NIC recognized as the ‘Best Local Investment Bank in Kuwait - 2024’ News Aggregation Team Monday, June 10, 2024 1:00 am https://middleeast.managersofwealth.com/article/47864/nic-recognized-as-the-amplsquobest-local-investment-bank-in-kuwait-2024amprsquo Euromoney award confirms NIC’s distinguished services and continuous achievements Investment Bank Gulf Bank completes sustainability governance infrastructure News Team Wednesday, January 22, 2025 12:00 am https://middleeast.managersofwealth.com/article/49086/gulf-bank-completes-sustainability-governance-infrastructure Reinforcing its environmental and social commitments Planet SOS Ahlibank reaffirms its Commitment to sustainability through the installation of solar energy systems at its headquarters News Team Tuesday, December 31, 2024 12:00 am https://middleeast.managersofwealth.com/article/48977/ahlibank-reaffirms-its-commitment-to-sustainability-through-the-installation-of-solar-energy-systems-at-its-headquarters This initiative is a milestone in the bank’s efforts to further its Environmental, Social, and Governance (ESG) objectives Planet SOS MENA’s transformative role in climate adaptation News Aggregation Team Friday, December 27, 2024 12:00 am https://middleeast.managersofwealth.com/article/48961/menaamprsquos-transformative-role-in-climate-adaptation This would translate to summer heat in parts of Algeria, Saudi Arabia and Iraq intensifying by up to 8 C by 2100, highlighting the dire implications of inaction for one of the world’s hottest regions. Planet SOS Arab co-operation in energy sector discussed News Aggregation Team Thursday, December 19, 2024 12:00 am https://middleeast.managersofwealth.com/article/48923/arab-co-operation-in-energy-sector-discussed The discussion highlighted the strong ties between Kuwait and the Arab countries represented in OAPEC Planet SOS United Arab Bank & Canon to deliver impactful carbon compensation for business printing in UAE News Team Friday, December 13, 2024 12:00 am https://middleeast.managersofwealth.com/article/48892/united-arab-bank-ampamp-canon-to-deliver-impactful-carbon-compensation-for-business-printing-in-uae Collaboration introduces Canon's first climate project contribution program in the UAE Planet SOS Sustainability Forum Middle East welcomes Boston Consulting Group as a Forum Partner for its third edition News Team Thursday, December 12, 2024 12:00 am https://middleeast.managersofwealth.com/article/48891/sustainability-forum-middle-east-welcomes-boston-consulting-group-as-a-forum-partner-for-its-third-edition The Forum, which is set to attract over 400 regional business leaders, policymakers, and sustainability experts Planet SOS Ministry of Climate Change and Environment prepares to launch framework for Extended Producer Responsibility (EPR) in the UAE News Team Monday, December 09, 2024 12:00 am https://middleeast.managersofwealth.com/article/48861/ministry-of-climate-change-and-environment-prepares-to-launch-framework-for-extended-producer-responsibility-epr-in-the-uae With the aim of advancing integrated waste management and boosting the circular economy Planet SOS Saudi Arabia launches national sustainability committee News Aggregation Team Monday, December 09, 2024 12:00 am https://middleeast.managersofwealth.com/article/48865/saudi-arabia-launches-national-sustainability-committee The Kingdom shares the environmental challenges witnessed in many other countries Planet SOS Bloomberg Intelligence Report highlights MENA’s growing sustainable finance market News Team Friday, December 06, 2024 12:00 am https://middleeast.managersofwealth.com/article/48856/bloomberg-intelligence-report-highlights-menaamprsquos-growing-sustainable-finance-market COP 28 accelerated sustainable finance issuances in MENA Planet SOS Salik named Official Mobility Partner of the 2024 Future Sustainability Forum News Team Thursday, December 05, 2024 12:00 am https://middleeast.managersofwealth.com/article/48844/salik-named-official-mobility-partner-of-the-2024-future-sustainability-forum Cementing Salik’s commitment in green mobility solutions Planet SOS