Managers of Wealth - Middle East
https://middleeast.managersofwealth.com/
Fri, 11 Sep 2026 20:54:09 BSTpart of MediaG8way Group
https://middleeast.managersofwealth.com/
https://middleeast.managersofwealth.com/assets/images/logo.pngManagers of Wealth - Middle EastKohanaPHPHSBC hunts for new finance chief: IFRNews Aggregation TeamFriday, September 11, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52157/hsbc-hunts-for-new-finance-chief-ifr
HSBC said its board has started the search process and will consider internal and external candidatesOn the MoveAllianz Global Investors expands Middle East team with two senior appointmentsNews TeamFriday, September 11, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52158/allianz-global-investors-expands-middle-east-team-with-two-senior-appointments
James Tevenan has joined the firm to lead wholesale coverage in the Middle EastOn the MoveJulius Baer appoints Prashant Ajitsaria as Group Head for NRI Clients in SwitzerlandNews TeamWednesday, September 09, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52141/julius-baer-appoints-prashant-ajitsaria-as-group-head-for-nri-clients-in-switzerland
Will focus on further growing Julius Baer’s global NRI business across key markets including the UK, Africa and the UAEOn the MoveArtane Partners Appoints Hashim Alawami as Chairman of the Board, Deepening Saudi and Gulf Investor AccessNews Aggregation TeamTuesday, September 08, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52133/artane-partners-appoints-hashim-alawami-as-chairman-of-the-board-deepening-saudi-and-gulf-investor-access
The appointment comes as Gulf sovereign and family capital takes a growing role in North American and European private markets. On the MoveBlackRock appoints Dixit Joshi as Managing Director, Middle East Technology and Advisory Solutions, and Digital AssetsNews TeamTuesday, September 08, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52136/blackrock-appoints-dixit-joshi-as-managing-director-middle-east-technology-and-advisory-solutions-and-digital-assets
Based in Dubai, Dixit will focus on the expansion of BlackRock’s Middle East platform across capital markets and technologyOn the MoveCarmignac moves into Middle East with new Dubai officeNews Aggregation TeamFriday, September 04, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52120/carmignac-moves-into-middle-east-with-new-dubai-office
Younes will be supported by a board of directors including Habib Achkar, the founder of Marcory Advisors who joined Carmignac’s board in 2024.On the MovePictet AM strengthens its ETF business in EMEA with the signing of Alfred Le LéonNews Aggregation TeamWednesday, September 02, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52101/pictet-am-strengthens-its-etf-business-in-emea-with-the-signing-of-alfred-le-lampeacuteon
Alfred Le Léon joins from J.P. Morgan to lead the firm’s new AI-enhanced ETF range across European exchanges.On the MoveJordan Ahli Bank appoints Ahmad Jaradat as head of Personal BankingNews TeamWednesday, September 02, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52106/jordan-ahli-bank-appoints-ahmad-jaradat-as-head-of-personal-banking
joining the management team with more than 25 years of experience in branch management, retail banking and business developmentOn the MoveBank of Singapore strengthens Dubai franchiseNews Aggregation TeamTuesday, September 01, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52094/bank-of-singapore-strengthens-dubai-franchise
Mahesh Ramakrishnan and Shikhy Chandhok join Bank of Singapore in Dubai this month.On the MoveHitesh Motwani appointed CEO of InsuranceMarket.ae as founder Avinash Babur moves to Chairman roleNews TeamFriday, August 28, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52090/hitesh-motwani-appointed-ceo-of-insurancemarketae-as-founder-avinash-babur-moves-to-chairman-role
Motwani's appointment culminates a journey of more than thirteen years within the organisationOn the MoveCredit Suisse AT1 bonds case: Bahrain court rejects all seven claims against HDFC BankNews Aggregation TeamFriday, September 11, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52159/credit-suisse-at1-bonds-case-bahrain-court-rejects-all-seven-claims-against-hdfc-bank
A Bahrain court has rejected all seven legal proceedings brought by investors against HDFC Bank over Credit Suisse Additional Tier 1 bonds, finding insufficient evidence to substantiate their allegations against the bank.Legal, Tax, Regulation & ComplianceUAE prosecutor reveals how ordinary people can become part of money-laundering networksNews Aggregation TeamThursday, September 10, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52153/uae-prosecutor-reveals-how-ordinary-people-can-become-part-of-money-laundering-networks
Rented bank accounts, fake firms and bogus deals are putting residents at riskLegal, Tax, Regulation & ComplianceMozambique Courts UAE Capital to Drive IndustrialisationNews Aggregation TeamWednesday, September 09, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52139/mozambique-courts-uae-capital-to-drive-industrialisation
The initiative comes as Mozambique seeks to position itself as an attractive destination for international capitalLegal, Tax, Regulation & ComplianceMinistry of Finance announces amendments to the VAT executive regulationNews TeamWednesday, September 09, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52143/ministry-of-finance-announces-amendments-to-the-vat-executive-regulation
As part of its ongoing efforts to further develop the UAE's tax systemLegal, Tax, Regulation & ComplianceADGM Reinforces Abu Dhabi’s Standing as a Global Financial Hub with 54% Growth in AUM and Almost 14,000 Active LicencesNews TeamWednesday, September 09, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52144/adgm-reinforces-abu-dhabiamprsquos-standing-as-a-global-financial-hub-with-54-growth-in-aum-and-almost-14000-active-licences
The results reflect the continued expansion of capital, business activity and talent across ADGM, as global institutions increasingly structure, deploy and manage investment through Abu Dhabi. Legal, Tax, Regulation & ComplianceFRA approves four companies to conduct non-banking activities using fintechNews Aggregation TeamTuesday, September 08, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52134/fra-approves-four-companies-to-conduct-non-banking-activities-using-fintech
The Authority grants such approvals as part of its constitutional and legal mandate to regulate and supervise non-banking financial markets and instrumentsLegal, Tax, Regulation & ComplianceSukoon Takaful, Ajman Bank sign Sharia-compliant dealNews Aggregation TeamFriday, September 04, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52123/sukoon-takaful-ajman-bank-sign-sharia-compliant-deal
Partnership will give Ajman Bank customers access to tailored Takaful solutionsLegal, Tax, Regulation & ComplianceBahrain Bourse concludes the first edition of its graduate training program "Emerging Talents"News TeamThursday, September 03, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52113/bahrain-bourse-concludes-the-first-edition-of-its-graduate-training-program-ampquotemerging-talentsampquot
The event recognized the program participants who were awarded certificates of completionLegal, Tax, Regulation & ComplianceKuwait tightens anti-money laundering rules for gold, real estate sectorsNews Aggregation TeamThursday, September 03, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52116/kuwait-tightens-anti-money-laundering-rules-for-gold-real-estate-sectors
New rules require stricter customer checks, transaction monitoring and reportingLegal, Tax, Regulation & ComplianceCBUAE strengthens UAE’s role in G20 financial stability effortsNews Aggregation TeamWednesday, September 02, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52104/cbuae-strengthens-uaeamprsquos-role-in-g20-financial-stability-efforts
He also outlined the challenges central banks face in conducting monetary policy amid rapid changes in the global economyLegal, Tax, Regulation & ComplianceFirst Abu Dhabi Bank and Mastercard unveil UAE’s First World Legend Exclusive card, pairing bespoke design with luxury lifestyle benefitsNews TeamFriday, September 11, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52154/first-abu-dhabi-bank-and-mastercard-unveil-uaeamprsquos-first-world-legend-exclusive-card-pairing-bespoke-design-with-luxury-lifestyle-benefits
The card reflects FAB’s commitment to meeting the unique needs and expectations of its premium clientele through personalized, high-touch banking and lifestyle solutions. Retail BankingFirst Abu Dhabi Bank and Mastercard unveil UAE’s first World Legend Exclusive card, pairing bespoke design with luxury lifestyle benefitsNews TeamThursday, September 10, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52150/first-abu-dhabi-bank-and-mastercard-unveil-uaeamprsquos-first-world-legend-exclusive-card-pairing-bespoke-design-with-luxury-lifestyle-benefits
Invitation‑only membership offers dedicated relationship management and a curated suite of global lifestyle privilegesRetail BankingAbu Dhabi Commercial Bank to receive universal banking license in Kazakhstan by year-end - regulatorNews Aggregation TeamWednesday, September 09, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52140/abu-dhabi-commercial-bank-to-receive-universal-banking-license-in-kazakhstan-by-year-end-regulator
In late March, the agency granted ADCB permission to establish a subsidiary bank in Kazakhstan. Retail BankingQatar banking sector assets hold steady as lending rises in JulyNews Aggregation TeamTuesday, September 08, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52137/qatar-banking-sector-assets-hold-steady-as-lending-rises-in-july
Total banking sector assets stood at $602bln in July 2026Retail BankingSaudi Central Bank Invests $6.95 Million in Bank of New York Mellon Corporation $BNYNews Aggregation TeamMonday, September 07, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52129/saudi-central-bank-invests-695-million-in-bank-of-new-york-mellon-corporation-bny
Several brokerages recently issued reports on BNY. Royal Bank Of Canada upped their target price on shares of Bank of New York Mellon from $142.00 to $168.00Retail BankingNBK ranks among the region’s 10 leading banks in the Banker’s Top Arab Banks 2026News TeamMonday, September 07, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52130/nbk-ranks-among-the-regionamprsquos-10-leading-banks-in-the-bankeramprsquos-top-arab-banks-2026
In a ranking reaffirming the strength of NBK’s brand and solid financial positionRetail BankingFirst Abu Dhabi Bank tests 24/7 cross-border payments with CitiNews Aggregation TeamFriday, September 04, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52118/first-abu-dhabi-bank-tests-247-cross-border-payments-with-citi
UAE bank uses tokenised deposits in live US dollar transactions through Swift LedgerRetail BankingBank ABC Named ‘Best Bank for Cash Management in the Middle East in 2026’ Among Four Prestigious Global Finance AwardsNews Aggregation TeamFriday, September 04, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52122/bank-abc-named-amplsquobest-bank-for-cash-management-in-the-middle-east-in-2026amprsquo-among-four-prestigious-global-finance-awards
The Bank was awarded Best Bank for Cash Management in the Middle East in 2026Retail BankingSohar International and National Bank of Oman jointly leads $720mln refinancing facility for Phoenix PowerNews TeamThursday, September 03, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52110/sohar-international-and-national-bank-of-oman-jointly-leads-720mln-refinancing-facility-for-phoenix-power
Following the 15-year extension of its Power Purchase Agreement with Oman Power and Water Procurement CompanyRetail BankingVision Bank launches SME financing to support cross-border tradeNews TeamThursday, September 03, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52114/vision-bank-launches-sme-financing-to-support-cross-border-trade
New Shari’ah-compliant proposition is designed to help SMEs access short-term trade finance through digital platform partnerships in selected marketsRetail BankingQatar Investment Authority invests in Positron AI's Series C financingNews Aggregation TeamFriday, September 11, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52156/qatar-investment-authority-invests-in-positron-aiamp039s-series-c-financing
The new financing will support the development and commercialization of Positron's next-generation technologyAlternative InvestmentsAlpha FMC expands presence across the GCC with new office in RiyadhNews Aggregation TeamThursday, September 10, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52151/alpha-fmc-expands-presence-across-the-gcc-with-new-office-in-riyadh
The Riyadh office is Alpha's third office in the GCCAlternative InvestmentsGallagher warns DIFC firms that professional indemnity exposures remain significant despite regulation changeNews TeamTuesday, September 08, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52135/gallagher-warns-difc-firms-that-professional-indemnity-exposures-remain-significant-despite-regulation-change
Firms affected by the change include those operating in asset management, fund management, managing investment portfolios, and those operating digital investment or trust platforms Alternative InvestmentsEFG Hermes ONE co-launches ePassport verification for foreign investorsNews Aggregation TeamMonday, September 07, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52127/efg-hermes-one-co-launches-epassport-verification-for-foreign-investors
This partnership supports EFG Holding’s commitment to expanding technology-driven innovation and promoting digital transformation across Egypt’s financial services ecosystem.Alternative InvestmentsSaudi banking assets climb to $1.5tn as lending expandsNews Aggregation TeamThursday, September 03, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52112/saudi-banking-assets-climb-to-15tn-as-lending-expands
The figures extend a period of expansion for the kingdom’s banks, driven in particular by increased lending to businesses and other private-sector borrowers.Alternative InvestmentsLesha Bank completes acquisition of equity interests in diversified aviation portfolioNews TeamWednesday, September 02, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52108/lesha-bank-completes-acquisition-of-equity-interests-in-diversified-aviation-portfolio
The transaction represents another significant milestone in the continued growth of the Bank's aviation investmentAlternative InvestmentsEgyptian Exchange leads Arab markets with 56.9% market cap growth in June 2026News Aggregation TeamFriday, August 28, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52085/egyptian-exchange-leads-arab-markets-with-569-market-cap-growth-in-june-2026
The benchmark EGX30 index climbed 40.6% in 2025 and advanced a further 33.5% by mid-August 2026Alternative InvestmentsQatar: Office market signals resilience buoyed by long-term corporate leasesNews Aggregation TeamFriday, August 28, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52091/qatar-office-market-signals-resilience-buoyed-by-long-term-corporate-leases
The report noted that despite broader uncertainty, landlord pricing discipline has kept prime office rents steadyAlternative InvestmentsEgyptian pound recovers closer to EGP 50/$1 at Wednesday’s COBNews Aggregation TeamThursday, August 27, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52079/egyptian-pound-recovers-closer-to-egp-501-at-wednesdayamprsquos-cob
The Egyptian pound has started to recover towards the end of this week, strengthening to almost EGP 50/$1 at Wednesday’s close of business (COB) for the third time this month, according to Central Bank of Egypt (CBE) data.Alternative InvestmentsEgyptian pound recovers closer to EGP 50/$1 at Wednesday’s COBNews Aggregation TeamThursday, August 27, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52080/egyptian-pound-recovers-closer-to-egp-501-at-wednesdayamprsquos-cob
The Egyptian pound has started to recover towards the end of this week, strengthening to almost EGP 50/$1 at Wednesday’s close of business (COB) for the third time this month, according to Central Bank of Egypt (CBE) data.Alternative InvestmentsiFAST Hong Kong and J.P. Morgan Asset Management Partner to Expand Discretionary Portfolio Solutions for Wealth AdvisersNews TeamTuesday, September 08, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52131/ifast-hong-kong-and-jp-morgan-asset-management-partner-to-expand-discretionary-portfolio-solutions-for-wealth-advisers
The collaboration underscores iFAST Hong Kong's commitment to its Business-to-Business (B2B) partners, giving wealth advisers and their clients access to a professionally managed investment solution that saves time and broadens choice.Wealth & Asset ManagementMiddle East - Why geopolitical uncertainty is reshaping how families plan their wealthNews TeamMonday, September 07, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52125/middle-east-why-geopolitical-uncertainty-is-reshaping-how-families-plan-their-wealth
We spoke with Ahmad Chahidi, senior wealth planner at Union Bancaire Privée (UBP) Middle EastWealth & Asset ManagementStandard Chartered becomes first Global Systemically Important Bank (G-SIB) to launch Institutional Bitcoin and Ether spot trading in the UAENews TeamFriday, September 04, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52117/standard-chartered-becomes-first-global-systemically-important-bank-g-sib-to-launch-institutional-bitcoin-and-ether-spot-trading-in-the-uae
DFSA regulated offering extends access to digital assets through the DIFC and supports the UAE’s efforts to be a leading global centre for financial innovationWealth & Asset ManagementCiti’s Services Business Pioneers Live Transactions on Swift’s Ledger, Collaborating with FAB and OCBC to Redefine Always-On Global PaymentsNews TeamThursday, September 03, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52109/citiamprsquos-services-business-pioneers-live-transactions-on-swiftamprsquos-ledger-collaborating-with-fab-and-ocbc-to-redefine-always-on-global-payments
DBS and UOB Set to Join Initiative, Expanding Always-On Payment CapabilitiesWealth & Asset ManagementSaudi banking assets reach $1.5tn in July: SAMANews Aggregation TeamTuesday, September 01, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52099/saudi-banking-assets-reach-15tn-in-july-sama
Profitability also remained strong, with return on equity reaching 15 percent in 2024, supported by continued credit growth.Wealth & Asset ManagementAdoption and awareness of international wealth insurance rise in Asia and the Middle East as annual sales grow to nearly £10bnNews TeamWednesday, August 26, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52071/adoption-and-awareness-of-international-wealth-insurance-rise-in-asia-and-the-middle-east-as-annual-sales-grow-to-nearly-amppound10bn
The sector remains significantly underpenetrated, providing substantial scope for future growth with this opportunity underpinned by several favourable demographic, client and industry trends and enhanced by continued improvements in market understanding.Wealth & Asset ManagementBanks and fintechs have become turbo-charged collaboratorsNews TeamTuesday, August 25, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52063/banks-and-fintechs-have-become-turbo-charged-collaborators
HSBC’s inaugural Asia Fintech Summit in Hong Kong on 21 August 2026 was an opportunity to celebrate this collaboration. Wealth & Asset ManagementSNB Group Launches Mastercard’s World Legend Card for Private Banking ClientsNews Aggregation TeamFriday, August 21, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52050/snb-group-launches-mastercardamprsquos-world-legend-card-for-private-banking-clients
The launch reflects SNB Group’s continued commitment to delivering innovative banking solutions and exceptional experiences tailored to the evolving expectations of affluent customers.Wealth & Asset ManagementSaudi Family Wealth Is Entering Its Governance DecadeNews Aggregation TeamThursday, August 20, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52042/saudi-family-wealth-is-entering-its-governance-decade
As succession pressures, cross-border assets and next-generation expectations converge, Saudi family businesses need structures that preserve control without weakening family identity.Wealth & Asset ManagementIQ-EQ’s Pete Unwin on the new era of Gulf family wealthNews Aggregation TeamWednesday, August 19, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52032/iq-eqamprsquos-pete-unwin-on-the-new-era-of-gulf-family-wealth
As regional wealth passes between generations, family offices are trading informality for governance, diversification and professional management, says Pete Unwin, head of Private Wealth and Family Office, Middle East at IQ-EQWealth & Asset ManagementAl Faisal Holding & BKN301 Launch Qatar Fintech VentureNews Aggregation TeamFriday, September 11, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52160/al-faisal-holding-ampamp-bkn301-launch-qatar-fintech-venture
The new venture will combine Al Faisal Holding’s local network with BKN301’s digital banking and AI infrastructure.FinTechEgypt’s mobile wallet transactions rise 62% in H1 2026: NTRANews Aggregation TeamThursday, September 10, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52146/egyptamprsquos-mobile-wallet-transactions-rise-62-in-h1-2026-ntra
The value of these transactions increased by 56% to EGP 2.96 trillion from EGP 1.90 trillion in H1 2025FinTechSaudi Arabia's cloud transformation puts data resilience at the heart of digital growthNews Aggregation TeamThursday, September 10, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52147/saudi-arabiaamp039s-cloud-transformation-puts-data-resilience-at-the-heart-of-digital-growth
Customers need to know that their data is protected and that they can recover quickly when disruption occurs.FinTechRakbank rebrands after 50 years, doubles down on digital bankingNews Aggregation TeamThursday, September 10, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52148/rakbank-rebrands-after-50-years-doubles-down-on-digital-banking
The bank said the new identity reinforces its commitment to combining digital innovation with personalised banking servicesFinTechEgypt moves to build $1bn AI data centre with Nvidia techNews Aggregation TeamThursday, September 10, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52149/egypt-moves-to-build-1bn-ai-data-centre-with-nvidia-tech
Egypt plans a 200-megawatt AI data center.FinTechSaudi Arabia's Salla buys PayLink to build out merchant payment acceptance servicesNews Aggregation TeamWednesday, September 09, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52138/saudi-arabiaamp039s-salla-buys-paylink-to-build-out-merchant-payment-acceptance-services
Following the acquisition, Salla has also partnered with domestic fintech Naml to further expand its offering for Saudi Arabian merchants.FinTechArab Global Crypto Exchange to Launch on September 10 with AED Support and Zero Platform Fees on Crypto TransfersNews TeamWednesday, September 09, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52142/arab-global-crypto-exchange-to-launch-on-september-10-with-aed-support-and-zero-platform-fees-on-crypto-transfers
Founded by veteran capital markets executive Satish Gogia, the UAE-licensed platform is designed to simplify access to digital assets through direct AED bank transfers and secure asset management.FinTechStandard Chartered: Nearly two-thirds of Saudi businesses see AI as key to advancing tradeNews TeamWednesday, September 09, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52145/standard-chartered-nearly-two-thirds-of-saudi-businesses-see-ai-as-key-to-advancing-trade
64% view artificial intelligence and advanced analytics as highly relevant or transformational to advancing tradeFinTechThe Middle East’s digital asset boom raises the bar for infrastructureNews Aggregation TeamTuesday, September 08, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52132/the-middle-eastamprsquos-digital-asset-boom-raises-the-bar-for-infrastructure
The United Arab Emirates, Bahrain, and other GCC countries are emerging as some of the world’s most ambitious digital asset markets.FinTechQIB introduces new suite of features to its mobile appNews Aggregation TeamMonday, September 07, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52124/qib-introduces-new-suite-of-features-to-its-mobile-app
The new capability significantly improves navigation within the app, allowing users to access the more than 320 offered features more efficiently while saving time.FinTechQatar and Oman pitch Middle East-backed financing for infrastructure projects in Global SouthNews Aggregation TeamFriday, September 11, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52155/qatar-and-oman-pitch-middle-east-backed-financing-for-infrastructure-projects-in-global-south
Islamic finance will be able to complement conventional funding to accelerate developmentIslamic FinanceQatar’s Islamic Banking sector expands, fueled by digitalization and sustainabilityNews Aggregation TeamThursday, September 10, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52152/qataramprsquos-islamic-banking-sector-expands-fueled-by-digitalization-and-sustainability
Asset quality continued to improve amid declining non-performing loans (NPLs) and strengthened risk coverage provisions, while capital reserves and liquidity remained well above regulatory minimums.Islamic FinanceQFC, AlRayan Bank join forces to boost banking access, Islamic financeNews Aggregation TeamFriday, September 04, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52119/qfc-alrayan-bank-join-forces-to-boost-banking-access-islamic-finance
Both parties will exchange best practices and strengthen alignment with international regulatory standards.Islamic FinanceQatar Islamic banks see surge in foreign deposits as lending shifts towards public sectorNews Aggregation TeamTuesday, August 18, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52031/qatar-islamic-banks-see-surge-in-foreign-deposits-as-lending-shifts-towards-public-sector
Islamic banks accounted for 29% of total banking-sector financing in 2025Islamic FinanceDIB launches its first Youth Council to develop the next generation of talentNews TeamThursday, August 13, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52007/dib-launches-its-first-youth-council-to-develop-the-next-generation-of-talent
New Council channels fresh perspectives into meaningful participation while creating opportunities for young talent to develop and contributeIslamic FinanceDukhan Bank becomes Qatar’s 1st Islamic bank to go live on Kinexys blockchain networkNews Aggregation TeamTuesday, August 04, 2026 1:00 am
https://middleeast.managersofwealth.com/article/51947/dukhan-bank-becomes-qataramprsquos-1st-islamic-bank-to-go-live-on-kinexys-blockchain-network
The network supports major global currencies and enables near-instant settlement, programmable payments, and improved liquidity management.Islamic FinanceADIB delivers strong H1 2026 results, with net profit before tax increasing 9% to AED 4.3bln, and industry-leading ROE of 28%News TeamThursday, July 30, 2026 1:00 am
https://middleeast.managersofwealth.com/article/51926/adib-delivers-strong-h1-2026-results-with-net-profit-before-tax-increasing-9-to-aed-43bln-and-industry-leading-roe-of-28
ADIB crossed the AED 300 billion asset milestone, underscoring the strength of ADIB’s customer franchise and sustained business growthIslamic FinanceIslamic banking hits 19% of Oman’s banking assets: S&PNews Aggregation TeamWednesday, July 22, 2026 1:00 am
https://middleeast.managersofwealth.com/article/51881/islamic-banking-hits-19-of-omanamprsquos-banking-assets-sampampp
The sector comprises two fully fledged Islamic banks: Bank Nizwa and Alizz Islamic Bank — alongside five Islamic windows operated by conventional lenders. Islamic FinanceAlinma Bank launches Future Bankers Program in partnership with Kaplan Professional MENA in RiyadhNews TeamWednesday, July 22, 2026 1:00 am
https://middleeast.managersofwealth.com/article/51882/alinma-bank-launches-future-bankers-program-in-partnership-with-kaplan-professional-mena-in-riyadh
The Saudi banking app industry is set to surpass SAR 121 billion by 2030Islamic FinanceIslamic Banking In Kuwait: A Strong Domestic FranchiseNews Aggregation TeamTuesday, July 21, 2026 1:00 am
https://middleeast.managersofwealth.com/article/51872/islamic-banking-in-kuwait-a-strong-domestic-franchise
The sector's share of total assets rose to 51% as of May 31, 2026, from 46% in 2020, while the share of domestic credit grew to 53% from 48%.Islamic FinanceGCC corporate profits surge to record $74.8bn as oil boosts earnings News Aggregation TeamMonday, September 07, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52128/gcc-corporate-profits-surge-to-record-748bn-as-oil-boosts-earnings
The strong figures underscore the resilience of GCC corporates even as geopolitical tensions and regional disruptions continue to weigh on investor sentiment. Research, Comment and AnalysisMiddle East tensions and rate uncertainty keep lid on housing marketNews TeamThursday, September 03, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52111/middle-east-tensions-and-rate-uncertainty-keep-lid-on-housing-market
“Over recent months, expectations for interest rates have been driven by the stop-start nature of the conflict in the Middle East. Research, Comment and AnalysisUAE is home to 59 billionaires with combined wealth of $201 billionNews Aggregation TeamTuesday, September 01, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52093/uae-is-home-to-59-billionaires-with-combined-wealth-of-201-billion
The UAE ranked 14th globally by billionaire population, behind Saudi Arabia, which had 68 billionaires with combined wealth of $175 billion. Research, Comment and AnalysisAnthropic names Bain & Company a Global Premier Partner for ClaudeNews Aggregation TeamFriday, August 28, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52086/anthropic-names-bain-ampamp-company-a-global-premier-partner-for-claude
Our partnership with Anthropic brings together its frontier AI technology with Bain & Company’s deep strategicResearch, Comment and AnalysisUAE ‘spy sheikh’ backs 49% stake in Trump family’s crypto bank venture, WSJ reportsNews Aggregation TeamFriday, August 28, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52087/uae-amplsquospy-sheikhamprsquo-backs-49-stake-in-trump-familyamprsquos-crypto-bank-venture-wsj-reports
The venture received preliminary conditional approval for a federal bank charter as the Trump administration makes decisions affecting the UAE, including its access to advanced U.S. AI chips.Research, Comment and AnalysisKuwait banks seek to extend customer complaint processing deadline to 6 working daysNews Aggregation TeamThursday, August 27, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52083/kuwait-banks-seek-to-extend-customer-complaint-processing-deadline-to-6-working-days
Late-day complaints at the center of proposalResearch, Comment and AnalysisEgypt holds nearly half of Africa’s $7bn sukuk market, Fitch saysNews Aggregation TeamThursday, August 20, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52046/egypt-holds-nearly-half-of-africaamprsquos-7bn-sukuk-market-fitch-says
In its latest report, the credit rating agency said African sukuk crossed $7 billion outstanding in August, up 16 percent year on year.Research, Comment and AnalysisITC developments across Oman at an all-time high, says expertNews Aggregation TeamWednesday, August 19, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52037/itc-developments-across-oman-at-an-all-time-high-says-expert
We are seeing a growing number of projects being introduced to the market, with further launches potentially planned for the second half of 2026.Research, Comment and AnalysisUAE bank deposits rise as credit grows Dh24.7 billion in JuneNews Aggregation TeamMonday, August 17, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52020/uae-bank-deposits-rise-as-credit-grows-dh247-billion-in-june
Bank deposits increased from Dh3.4634 trillion at the end of May, with growth driven by a 1.2% rise in resident deposits to Dh3.1812 trillion. Research, Comment and AnalysisMore UAE residents are opting for monthly rentals. Here's whyNews Aggregation TeamThursday, August 13, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52004/more-uae-residents-are-opting-for-monthly-rentals-hereamp039s-why
Property owners and operators shifting to cater for residents rather than touristsResearch, Comment and AnalysisQIA announces investment in Lesha Bank fundNews Aggregation TeamFriday, August 14, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52012/qia-announces-investment-in-lesha-bank-fund
Through a number of initiatives, the QIA seeks to support the continued development and diversification of Qatar's capital markets.Investment BankSaudi banks' profits rise 8.2% in Q2 2026 to SAR 24.9 billionNews Aggregation TeamFriday, July 24, 2026 1:00 am
https://middleeast.managersofwealth.com/article/51894/saudi-banksamp039-profits-rise-82-in-q2-2026-to-sar-249-billion
Among the remaining banks, Bank Albilad recorded profits of SAR 791.6 millionInvestment BankLesha Bank records net profit of QAR 123.7mln for H1 2026, reflecting 50.1% year-on-year growthNews TeamThursday, July 23, 2026 1:00 am
https://middleeast.managersofwealth.com/article/51887/lesha-bank-records-net-profit-of-qar-1237mln-for-h1-2026-reflecting-501-year-on-year-growth
The Bank delivered strong growth across its key financial metrics during the periodInvestment BankDeutsche Bank signs agreement with Dubai DET to boost international investor engagementNews Aggregation TeamFriday, July 10, 2026 1:00 am
https://middleeast.managersofwealth.com/article/51824/deutsche-bank-signs-agreement-with-dubai-det-to-boost-international-investor-engagement
The two parties hope to create pathways for global investorsInvestment BankOman opens Angola-based investment bank to deepen Africa trade linksNews Aggregation TeamWednesday, April 22, 2026 1:00 am
https://middleeast.managersofwealth.com/article/51410/oman-opens-angola-based-investment-bank-to-deepen-africa-trade-links
Oman has launched a new corporate investment bank in Angola as part of efforts to deepen its financial presence in Africa and strengthen trade links with emerging markets.Investment BankHSBC says it’s committed to commercial, investment banking in Egypt amid reports it’s inching closer to exiting retail franchiseNews Aggregation TeamTuesday, February 24, 2026 12:00 am
https://middleeast.managersofwealth.com/article/51128/hsbc-says-itamprsquos-committed-to-commercial-investment-banking-in-egypt-amid-reports-itamprsquos-inching-closer-to-exiting-retail-franchise
HSBC is very committed to Egypt as a strategic market in which we are squarely focused on the needs of our corporate and investment banking clients,” HSBC Egypt CEO Todd Wilcox told EnterpriseAMInvestment BankCiti signs deal to sell 24% equity stake in BanamexNews TeamTuesday, February 24, 2026 12:00 am
https://middleeast.managersofwealth.com/article/51126/citi-signs-deal-to-sell-24-equity-stake-in-banamex
Among the investors were U.S. private equity firm General Atlantic, Afore Sura, Brazilian investment bank BTG Pactual, Chubb and funds managed by Blackstone, Liberty Strategic Capital, and Qatar Investment AuthorityInvestment BankUmniaBank reports strong performance for 2025 with net profit of MAD57mNews Aggregation TeamWednesday, February 11, 2026 12:00 am
https://middleeast.managersofwealth.com/article/51062/umniabank-reports-strong-performance-for-2025-with-net-profit-of-mad57m
Umnia Bank began operations in Morocco in 2017 as the country’s first participative bank.Investment BankIntesa Sanpaolo Strengthens Its Focus on the Middle East: Imi Cib Solidifies Its Role as a Strategic Partner in the Gulf RegionNews TeamMonday, January 05, 2026 12:00 am
https://middleeast.managersofwealth.com/article/50862/intesa-sanpaolo-strengthens-its-focus-on-the-middle-east-imi-cib-solidifies-its-role-as-a-strategic-partner-in-the-gulf-region
These activities are further complemented by advisory and interest rate hedging operations.Investment BankGoldman Sachs opens Middle East headquarters in Saudi ArabiaNews Aggregation TeamFriday, December 12, 2025 12:00 am
https://middleeast.managersofwealth.com/article/50780/goldman-sachs-opens-middle-east-headquarters-in-saudi-arabia
According to LSEG data, the investment bank drove dealmaking activity in the region over the first three quarters of 2025, topping the M&A league table in MENA with 24 deals valued at $104 billionInvestment BankMiddle East Energy 2026 opens in Dubai, bringing global energy leaders together to power the region’s futureNews TeamWednesday, September 02, 2026 1:00 am
https://middleeast.managersofwealth.com/article/52105/middle-east-energy-2026-opens-in-dubai-bringing-global-energy-leaders-together-to-power-the-regionamprsquos-future
50th edition brings together the global energy community with thousands of attendees, 1,500+ exhibitors and energy stakeholders from more than 120 countriesPlanet SOSTitan Egypt and SolarizEgypt sign long-term agreementNews TeamTuesday, June 23, 2026 1:00 am
https://middleeast.managersofwealth.com/article/51722/titan-egypt-and-solarizegypt-sign-long-term-agreement
To establish an 11.45mW solar power plant at Beni Suef Cement CompanyPlanet SOSMinistry of Environment and Climate Change launches digital service for safe disposal of electronic wasteNews Aggregation TeamThursday, May 14, 2026 1:00 am
https://middleeast.managersofwealth.com/article/51522/ministry-of-environment-and-climate-change-launches-digital-service-for-safe-disposal-of-electronic-waste
The service is accessed by submitting an electronic request and specifying the type of waste and its locationPlanet SOSFAB unveils net zero transition plan in 2026 transition pathways updateNews TeamWednesday, April 22, 2026 1:00 am
https://middleeast.managersofwealth.com/article/51409/fab-unveils-net-zero-transition-plan-in-2026-transition-pathways-update
Report highlights progress on operational and financed emissions, with AED 114.4bn mobilised in 2025 and continued momentum toward 2030 sustainable finance targetPlanet SOSSustainable Finance Awards 2026: Middle EastNews Aggregation TeamTuesday, March 10, 2026 12:00 am
https://middleeast.managersofwealth.com/article/51200/sustainable-finance-awards-2026-middle-east
Banks in the UAE have innovated Sharia-compliant sukuks by structuring these instruments using sustainable frameworks amid growing international demand. Planet SOSEgypt: CBE catalyses banking sector’s shift toward sustainable financeNews Aggregation TeamTuesday, February 17, 2026 12:00 am
https://middleeast.managersofwealth.com/article/51087/egypt-cbe-catalyses-banking-sectoramprsquos-shift-toward-sustainable-finance
Participants emphasised the need to reinforce climate-aligned financial systems across Egypt and Africa, strengthen resilience and ensure sustainable growthPlanet SOSNational Finance continues advancing Oman’s development agenda through its sustainable finance offering News TeamWednesday, January 14, 2026 12:00 am
https://middleeast.managersofwealth.com/article/50922/national-finance-continues-advancing-omanamprsquos-development-agenda-through-its-sustainable-finance-offering
This focus aligns with the objectives of Oman Vision 2040, particularly in promoting environmentally conscious development across the financial sectorPlanet SOSADIB strengthens ESG ratings with MSCI and sustainalyticsNews TeamMonday, December 15, 2025 12:00 am
https://middleeast.managersofwealth.com/article/50788/adib-strengthens-esg-ratings-with-msci-and-sustainalytics
ADIB continues to strengthen its position as one of the highest-rated banks in the UAE and the wider region for ESG performancePlanet SOSSustainability Forum Middle East announces GARMCO as forum partner for its 2026 editionNews TeamTuesday, December 09, 2025 12:00 am
https://middleeast.managersofwealth.com/article/50761/sustainability-forum-middle-east-announces-garmco-as-forum-partner-for-its-2026-edition
The Forum is held in the presence of H.E. Dr. Mohamed bin Mubarak Bin Daina, Minister of Oil and Environment and Special Envoy for Climate AffairPlanet SOSEBRD invests US $40 mil in Infinity to accelerate renewable energy growth across AfricaNews TeamTuesday, November 11, 2025 12:00 am
https://middleeast.managersofwealth.com/article/50621/ebrd-invests-us-40-mil-in-infinity-to-accelerate-renewable-energy-growth-across-africa
Funds for 3 GW of renewable energy projects to advance clean energy on the continentPlanet SOS