Managers of Wealth - Middle East https://middleeast.managersofwealth.com/ Tue, 01 Jul 2025 02:10:35 BST part of MediaG8way Group https://middleeast.managersofwealth.com/ https://middleeast.managersofwealth.com/assets/images/logo.png Managers of Wealth - Middle East KohanaPHP IBM Consulting appoints Lula Mohanty as Managing Partner for Middle East & Africa News Aggregation Team Thursday, June 26, 2025 1:00 am https://middleeast.managersofwealth.com/article/49896/ibm-consulting-appoints-lula-mohanty-as-managing-partner-for-middle-east-ampamp-africa Mohanty brings extensive leadership experience from her 25 years with IBM. Between 2018 and 2023 On the Move UBS GWM Appoints New NRI Head in Dubai News Aggregation Team Tuesday, June 24, 2025 1:00 am https://middleeast.managersofwealth.com/article/49879/ubs-gwm-appoints-new-nri-head-in-dubai Bächli is expected to relocate from Singapore to take up the position, where he will oversee one of the firm’s most strategically important client corridors—linking Asia and the Middle East. On the Move Farzad Billimoria to join Barclays as Head of Private Bank for the UAE News Team Friday, June 20, 2025 1:00 am https://middleeast.managersofwealth.com/article/49864/farzad-billimoria-to-join-barclays-as-head-of-private-bank-for-the-uae Farzad Billimoria appointed to lead and accelerate PB’s growth ambitions in the UAE On the Move UBS GWM names new Dubai-based NRI head News Aggregation Team Friday, June 20, 2025 1:00 am https://middleeast.managersofwealth.com/article/49863/ubs-gwm-names-new-dubai-based-nri-head The bank's new NRI head will oversee the increasingly important corridor between Asia and the Middle East. On the Move Citi organizational announcement: Head of payments for Middle East and Africa News Team Wednesday, June 18, 2025 1:00 am https://middleeast.managersofwealth.com/article/49847/citi-organizational-announcement-head-of-payments-for-middle-east-and-africa He will be responsible for delivering Citi’s MEA payments priorities and seamlessly executing Citi’s global payments strategy in the cluster. On the Move JP Morgan AM appoints head of Mideast asset management News Aggregation Team Tuesday, June 17, 2025 1:00 am https://middleeast.managersofwealth.com/article/49839/jp-morgan-am-appoints-head-of-mideast-asset-management In his new role, Kurzo will report directly to Patrick Thomson, CEO for EMEA at JP Morgan Asset Management. On the Move KPMG appoints seven new partners in the Middle East News Aggregation Team Tuesday, June 17, 2025 1:00 am https://middleeast.managersofwealth.com/article/49845/kpmg-appoints-seven-new-partners-in-the-middle-east KPMG’s commitment to the Middle East has never been stronger. On the Move Nomura IWM Dubai reshuffles senior leadership News Team Monday, June 16, 2025 1:00 am https://middleeast.managersofwealth.com/article/49834/nomura-iwm-dubai-reshuffles-senior-leadership The Japanese lender moved to a larger office in Dubai to accommodate more people to strengthen its regional presence. On the Move QFC appoints new Director of Human Capital News Aggregation Team Thursday, June 12, 2025 1:00 am https://middleeast.managersofwealth.com/article/49822/qfc-appoints-new-director-of-human-capital He is also recognised for leveraging advanced HR technologies to drive operational efficiency and impact. On the Move Egypt’s Contact Financial names John Saad CEO, Said Zater becomes vice-chairperson News Aggregation Team Wednesday, June 11, 2025 1:00 am https://middleeast.managersofwealth.com/article/49814/egyptamprsquos-contact-financial-names-john-saad-ceo-said-zater-becomes-vice-chairperson The leadership transition comes as the non-banking financial services provider reported that its total financing portfolio surpassed 21 billion Egyptian pounds for the 2024 financial year. On the Move UAE signed 146 agreements to avoid double taxation on income in 2024 News Aggregation Team Monday, June 30, 2025 1:00 am https://middleeast.managersofwealth.com/article/49909/uae-signed-146-agreements-to-avoid-double-taxation-on-income-in-2024 Emirates also raised $4.6 billion from sale of T-sukuks through 14 auctions, according to Ministry of Finance Legal, Tax, Regulation & Compliance UAE Central Bank suspends bank's Islamic window from onboarding new customers for six months News Aggregation Team Friday, June 27, 2025 1:00 am https://middleeast.managersofwealth.com/article/49899/uae-central-bank-suspends-bankamp039s-islamic-window-from-onboarding-new-customers-for-six-months Lender also fined Dh3.5 million for non-compliance with Sharia governance rules Legal, Tax, Regulation & Compliance Central Bank suspends new Islamic banking customers at UAE bank, imposes Dh3.5 million fine News Aggregation Team Friday, June 27, 2025 1:00 am https://middleeast.managersofwealth.com/article/49902/central-bank-suspends-new-islamic-banking-customers-at-uae-bank-imposes-dh35-million-fine CBUAE action follows Sharia governance violations found during inspections Legal, Tax, Regulation & Compliance CBUAE fines UAE-based exchange house Dh2 million for violating AML rules News Aggregation Team Wednesday, June 25, 2025 1:00 am https://middleeast.managersofwealth.com/article/49886/cbuae-fines-uae-based-exchange-house-dh2-million-for-violating-aml-rules Penalty imposed after exam found non-compliance with anti-money laundering procedures Legal, Tax, Regulation & Compliance Oman to introduce 5% income tax on high earners from 2028 News Aggregation Team Monday, June 23, 2025 1:00 am https://middleeast.managersofwealth.com/article/49875/oman-to-introduce-5-income-tax-on-high-earners-from-2028 The new tax regime aims to broaden revenue streams while ensuring that most citizens remain unaffected Legal, Tax, Regulation & Compliance UAE’s central bank maintains base rate at 4.40% News Aggregation Team Friday, June 20, 2025 1:00 am https://middleeast.managersofwealth.com/article/49866/uaeamprsquos-central-bank-maintains-base-rate-at-440 This decision was taken following the US Fed’s decision to maintain the interest rate on reserve balances Legal, Tax, Regulation & Compliance Türkiye's central bank weighs rate cut as inflation softens: analysts News Aggregation Team Friday, June 13, 2025 1:00 am https://middleeast.managersofwealth.com/article/49829/tampuumlrkiyeamp039s-central-bank-weighs-rate-cut-as-inflation-softens-analysts Türkiye's central bank expects annual inflation to decline to 24 percent at the end of this year and 12 percent by the end of 2026 Legal, Tax, Regulation & Compliance Ajman Bank signs partnership with Azimut Group to offer investment advisory and opportunities to its clients News Team Wednesday, June 11, 2025 1:00 am https://middleeast.managersofwealth.com/article/49811/ajman-bank-signs-partnership-with-azimut-group-to-offer-investment-advisory-and-opportunities-to-its-clients The agreement brings together Ajman Bank’s growing wealth platform with Azimut’s international investment expertise Legal, Tax, Regulation & Compliance ADGM FSRA implements amendments to its Digital Asset Regulatory Framework News Team Wednesday, June 11, 2025 1:00 am https://middleeast.managersofwealth.com/article/49813/adgm-fsra-implements-amendments-to-its-digital-asset-regulatory-framework To streamline the process by which Virtual Assets are accepted for use within ADGM Legal, Tax, Regulation & Compliance Kuwait to cut off utilities for unpaid bills under new law to curb debt evasion News Aggregation Team Tuesday, June 10, 2025 1:00 am https://middleeast.managersofwealth.com/article/49804/kuwait-to-cut-off-utilities-for-unpaid-bills-under-new-law-to-curb-debt-evasion Residents given 30 days to pay or lose water, electricity under tough new decree Legal, Tax, Regulation & Compliance Emirates NBD clarifies on DirectRemit: No new fee for money transfers to India, Pakistan, Philippines, Egypt News Aggregation Team Monday, June 30, 2025 1:00 am https://middleeast.managersofwealth.com/article/49908/emirates-nbd-clarifies-on-directremit-no-new-fee-for-money-transfers-to-india-pakistan-philippines-egypt Dh26 fee applies to non-core corridors, not popular remittance countries: Emirates NBD Retail Banking Al Ahli bank of Kuwait Earns Top Honour At Global Brand Awards 2024 News Team Monday, June 30, 2025 1:00 am https://middleeast.managersofwealth.com/article/49910/al-ahli-bank-of-kuwait-earns-top-honour-at-global-brand-awards-2024 This achievement reflects their unwavering dedication to delivering exceptional customer service and setting industry benchmarks. Well-deserved recognition for an outstanding team! Retail Banking Sohar International launches Oman’s first open banking platform, ushering a new era of financial innovation News Team Monday, June 30, 2025 1:00 am https://middleeast.managersofwealth.com/article/49911/sohar-international-launches-omanamprsquos-first-open-banking-platform-ushering-a-new-era-of-financial-innovation This strategic advancement enhances the bank’s digital ecosystem Retail Banking Qatar National Bank suspends share buyback, to resume on July 10 News Aggregation Team Friday, June 27, 2025 1:00 am https://middleeast.managersofwealth.com/article/49905/qatar-national-bank-suspends-share-buyback-to-resume-on-july-10 QNB will not conduct its share repurchase during the closed period commencing from 25 June 2025 to 9 July 2025 Retail Banking FAB Becomes First Bank in MENA to Join China’s Cross-Border Payment Network News Aggregation Team Wednesday, June 25, 2025 1:00 am https://middleeast.managersofwealth.com/article/49888/fab-becomes-first-bank-in-mena-to-join-chinaamprsquos-cross-border-payment-network FAB is currently the only UAE bank operating a fully licensed branch in Mainland China and is committed to supporting the needs of clients and partners in both markets. Retail Banking FAB becomes MENA’s first lender to join CIPS as direct participant News Aggregation Team Tuesday, June 24, 2025 1:00 am https://middleeast.managersofwealth.com/article/49880/fab-becomes-menaamprsquos-first-lender-to-join-cips-as-direct-participant Move reinforces the ADX-listed bank’s position in cash management and clearing across the MENA region Retail Banking Oman’s Sohar, Ahli Bank postpone merger talks due to regulatory delays News Aggregation Team Tuesday, June 24, 2025 1:00 am https://middleeast.managersofwealth.com/article/49881/omanamprsquos-sohar-ahli-bank-postpone-merger-talks-due-to-regulatory-delays Ahli Bank will proceed with OMR50mln capital increase Retail Banking First Abu Dhabi Bank becomes First MENA Bank to join CIPS as direct participant News Team Friday, June 20, 2025 1:00 am https://middleeast.managersofwealth.com/article/49869/first-abu-dhabi-bank-becomes-first-mena-bank-to-join-cips-as-direct-participant Strengthening its regional cash management and clearing capabilities Retail Banking CBB Governor participates in HSBC GCC exchanges 2025 Conference News Team Thursday, June 19, 2025 1:00 am https://middleeast.managersofwealth.com/article/49856/cbb-governor-participates-in-hsbc-gcc-exchanges-2025-conference The event brings together representatives from GCC exchanges, alongside a number of international officials and investors Retail Banking Arab Bank receives ‘Best Bank in the Middle East 2025’ award News Aggregation Team Thursday, June 19, 2025 1:00 am https://middleeast.managersofwealth.com/article/49861/arab-bank-receives-amplsquobest-bank-in-the-middle-east-2025amprsquo-award Global Finance Awards cover more than 150 countries Retail Banking Union Insurance takes further measures to strengthen its financial position News Team Friday, June 27, 2025 1:00 am https://middleeast.managersofwealth.com/article/49900/union-insurance-takes-further-measures-to-strengthen-its-financial-position Company’s solvency and liquidity continue to be strong and recently solvency reached 144% Alternative Investments Oman’s finance and leasing sector supports economic diversification under Vision 2040 News Team Friday, June 27, 2025 1:00 am https://middleeast.managersofwealth.com/article/49901/omanamprsquos-finance-and-leasing-sector-supports-economic-diversification-under-vision-2040 Oxford Business Group’s latest Growth and Perspectives video highlights the sector’s role in enhancing access to capital and enabling sustainable growth Alternative Investments Trade volume with Saudi Arabia up 65% to QR4.9 billion: Qatar Chamber News Aggregation Team Friday, June 27, 2025 1:00 am https://middleeast.managersofwealth.com/article/49903/trade-volume-with-saudi-arabia-up-65-to-qr49-billion-qatar-chamber The meeting explored ways to enhance cooperation between the two chambers, aiming to strengthen collaboration between the private sectors of both countries, particularly in Al-Ahsa. Alternative Investments UAE secures top sovereign credit ratings from major agencies News Aggregation Team Friday, June 27, 2025 1:00 am https://middleeast.managersofwealth.com/article/49904/uae-secures-top-sovereign-credit-ratings-from-major-agencies Three major global credit rating agencies underscores the UAE’s robust fiscal standing, positioning it among a select group of countries globally with strong sovereign credit ratings across the board Alternative Investments Howden announces its entry into the Kingdom of Saudi Arabia to drive strategic growth opportunities News Team Thursday, June 26, 2025 1:00 am https://middleeast.managersofwealth.com/article/49898/howden-announces-its-entry-into-the-kingdom-of-saudi-arabia-to-drive-strategic-growth-opportunities Appointment of Motaz Bukhari as CEO, Howden Re, Kingdom of Saudi Arabia Alternative Investments Saudi Arabia raises $628m in June sukuk offering News Aggregation Team Wednesday, June 25, 2025 1:00 am https://middleeast.managersofwealth.com/article/49885/saudi-arabia-raises-628m-in-june-sukuk-offering The NDMC has maintained a steady pace of monthly issuances this year Alternative Investments National Investments Company expands regionally with first office at DIFC to serve a wider client base News Team Tuesday, June 24, 2025 1:00 am https://middleeast.managersofwealth.com/article/49884/national-investments-company-expands-regionally-with-first-office-at-difc-to-serve-a-wider-client-base In a strategic move to broaden its footprint and enhance service capabilities across key markets Alternative Investments Union Insurance reduces capital by 30.5% to offset accumulated losses News Aggregation Team Monday, June 23, 2025 1:00 am https://middleeast.managersofwealth.com/article/49873/union-insurance-reduces-capital-by-305-to-offset-accumulated-losses The last trading day before the capital adjustment is scheduled for 24 June 2025, with trading suspended on 25 and 26 June. Alternative Investments MSX, Estidama highlight startups incentive programme, business market in Dhofar News Team Thursday, June 19, 2025 1:00 am https://middleeast.managersofwealth.com/article/49855/msx-estidama-highlight-startups-incentive-programme-business-market-in-dhofar The orientation session was held in Salalah in cooperation with Dhofar Governorate’s branch of Oman Chamber of Commerce and Industry (OCCI). Alternative Investments Why are central banks doubling down on gold reserves? News Aggregation Team Thursday, June 19, 2025 1:00 am https://middleeast.managersofwealth.com/article/49859/why-are-central-banks-doubling-down-on-gold-reserves WGC says central banks see gold as a shield against rising geopolitical and economic risks Alternative Investments Dubai Beckons: Bugatti Towers and Billion-Dollar Funds Emerge News Aggregation Team Monday, June 30, 2025 1:00 am https://middleeast.managersofwealth.com/article/49907/dubai-beckons-bugatti-towers-and-billion-dollar-funds-emerge Among them is a well-known luxury real estate developer from Dubai. Wealth & Asset Management The Great Wealth Flight: Millionaires Relocate in Record Numbers News Team Thursday, June 26, 2025 1:00 am https://middleeast.managersofwealth.com/article/49893/the-great-wealth-flight-millionaires-relocate-in-record-numbers Far from a statistical curiosity, this mass movement of millionaires represents the largest voluntary transfer of private capital in modern history. Wealth & Asset Management Global Wealth Office at Nest Seekers International Unveils Dubai Expansion: Establishing the Middle East as a Commanding Force in Global Wealth Leadership News Team Thursday, June 26, 2025 1:00 am https://middleeast.managersofwealth.com/article/49894/global-wealth-office-at-nest-seekers-international-unveils-dubai-expansion-establishing-the-middle-east-as-a-commanding-force-in-global-wealth-leadership This milestone reinforces Global Wealth Office’s commitment to the Middle East as a global hub—accelerating UAE–U.S. capital flows, advancing strategic investments, and attracting high-value global investors through seamlessly integrated Wealth & Asset Management Former UAE bankers get into wealth management as more millionaires take up residence News Aggregation Team Wednesday, June 25, 2025 1:00 am https://middleeast.managersofwealth.com/article/49891/former-uae-bankers-get-into-wealth-management-as-more-millionaires-take-up-residence 'Around 30,000 ultra-rich will call UAE home in next 5 years', says Wealthbrix's Khanna Wealth & Asset Management Hoxton Wealth Gains Approval to Operate in DIFC News Team Wednesday, June 25, 2025 1:00 am https://middleeast.managersofwealth.com/article/49892/hoxton-wealth-gains-approval-to-operate-in-difc This is a significant stamp of legitimacy and opens doors for more robust operations and client engagement in the region. Wealth & Asset Management Private Banking from BankDhofar: A bespoke financial experience for the Sultanate’s most discerning clients News Team Tuesday, June 24, 2025 1:00 am https://middleeast.managersofwealth.com/article/49877/private-banking-from-bankdhofar-a-bespoke-financial-experience-for-the-sultanateamprsquos-most-discerning-clients Segment has continued to set new standards in an increasingly automated financial landscape Wealth & Asset Management Wealthbrix launches in DIFC with eight-figure investment backing, experienced board, and a commitment to elevate regional wealth management News Team Tuesday, June 24, 2025 1:00 am https://middleeast.managersofwealth.com/article/49882/wealthbrix-launches-in-difc-with-eight-figure-investment-backing-experienced-board-and-a-commitment-to-elevate-regional-wealth-management This launch comes at a pivotal moment for wealth managers. Wealth & Asset Management Hawksford shows commitment to UAE market through DMCC agreement News Team Monday, June 23, 2025 1:00 am https://middleeast.managersofwealth.com/article/49870/hawksford-shows-commitment-to-uae-market-through-dmcc-agreement Working closely with its well-established teams in the UK and Singapore, the agreement will also see Hawksford support greater trade flows across the UK-GCC-ASEAN corridor. Wealth & Asset Management How European family offices are reallocating capital towards the UAE News Aggregation Team Monday, June 23, 2025 1:00 am https://middleeast.managersofwealth.com/article/49878/how-european-family-offices-are-reallocating-capital-towards-the-uae The UAE imposes no personal income tax, capital gains tax, or inheritance tax Wealth & Asset Management Standard Chartered wins “Wealth Management Platform of the Year” award News Team Thursday, June 19, 2025 1:00 am https://middleeast.managersofwealth.com/article/49858/standard-chartered-wins-ampldquowealth-management-platform-of-the-yearamprdquo-award This recognition highlights the Bank's unwavering commitment to client success and its innovative approach to wealth management Wealth & Asset Management OPSWAT and SentinelOne enter OEM partnership to further strengthen multi-layered malware detection with AI News Team Monday, June 30, 2025 1:00 am https://middleeast.managersofwealth.com/article/49912/opswat-and-sentinelone-enter-oem-partnership-to-further-strengthen-multi-layered-malware-detection-with-ai The addition of SentinelOne’s AI detection capabilities equips OPSWAT customers with faster detection and better coverage across modern infrastructure FinTech Qatar’s payment system registers 54 million transactions worth QR15.280bn in May: QCB News Aggregation Team Friday, June 27, 2025 1:00 am https://middleeast.managersofwealth.com/article/49906/qataramprsquos-payment-system-registers-54-million-transactions-worth-qr15280bn-in-may-qcb QCB’s innovative instant payment service ‘Fawran’ aims to develop a digital payment ecosystem in the country. FinTech Orange Jordan announces the winners of the 2025 "Inspiring Change" Award for female entrepreneurs News Team Wednesday, June 25, 2025 1:00 am https://middleeast.managersofwealth.com/article/49889/orange-jordan-announces-the-winners-of-the-2025-ampquotinspiring-changeampquot-award-for-female-entrepreneurs With the support of Capital Bank and in partnership with Int@j FinTech NBK is the first bank to launch automated safe deposit boxes for customers News Team Wednesday, June 25, 2025 1:00 am https://middleeast.managersofwealth.com/article/49890/nbk-is-the-first-bank-to-launch-automated-safe-deposit-boxes-for-customers In line with its commitment to enriching customer experience and providing the best innovative digital services FinTech UAE employees outpace EMEA peers in cyber confidence and readiness, new Cohesity study reveals News Team Monday, June 23, 2025 1:00 am https://middleeast.managersofwealth.com/article/49871/uae-employees-outpace-emea-peers-in-cyber-confidence-and-readiness-new-cohesity-study-reveals 86% of UAE employees feel confident in identifying cyberattacks, but reporting gaps still exist FinTech How AI and microtools are empowering the next generation of Saudi entrepreneurs News Aggregation Team Friday, June 20, 2025 1:00 am https://middleeast.managersofwealth.com/article/49865/how-ai-and-microtools-are-empowering-the-next-generation-of-saudi-entrepreneurs Social media remains a key starting point, but surveys show long-term success depends on managing a dedicated digital presence FinTech EG Bank, Mastercard partner to boost digital payments in Egypt News Aggregation Team Wednesday, June 18, 2025 1:00 am https://middleeast.managersofwealth.com/article/49852/eg-bank-mastercard-partner-to-boost-digital-payments-in-egypt Our partnership with Mastercard is a pivotal milestone in our digital-first transformation journey. FinTech Saudi digital wallet tiqmo partners with MoneyGram News Aggregation Team Tuesday, June 17, 2025 1:00 am https://middleeast.managersofwealth.com/article/49840/saudi-digital-wallet-tiqmo-partners-with-moneygram This partnership reflects MoneyGram’s leadership in enabling digital cross-border payments and advancing financial inclusion across the region FinTech UAE deepens investment in social infrastructure amid population growth and strategic reforms News Team Tuesday, June 17, 2025 1:00 am https://middleeast.managersofwealth.com/article/49843/uae-deepens-investment-in-social-infrastructure-amid-population-growth-and-strategic-reforms The Middle East is set to see a 25% increase in social infrastructure project activity in the next two years FinTech Mindware expands Autodesk relationship to drive digital transformation in the Gulf and KSA News Team Monday, June 16, 2025 1:00 am https://middleeast.managersofwealth.com/article/49838/mindware-expands-autodesk-relationship-to-drive-digital-transformation-in-the-gulf-and-ksa Mindware will provide a comprehensive suite of value-added services, including partner enablement, technical support, consulting, and go-to-market strategies to drive Autodesk adoption FinTech BIBF launches a new series of professional micro-credentials in Islamic finance News Team Tuesday, June 24, 2025 1:00 am https://middleeast.managersofwealth.com/article/49883/bibf-launches-a-new-series-of-professional-micro-credentials-in-islamic-finance Supporting Bahrain’s position as a leading hub for Islamic banking Islamic Finance ADIB participates in the “Midday Break” initiative in collaboration with the Ministry of Human Resources and Emiratisation News Team Thursday, June 19, 2025 1:00 am https://middleeast.managersofwealth.com/article/49857/adib-participates-in-the-ampldquomidday-breakamprdquo-initiative-in-collaboration-with-the-ministry-of-human-resources-and-emiratisation Initiative enforces a midday work ban to safeguard labourers during peak heat hours Islamic Finance Leonteq partners with Emirates Islamic on Shari’a products News Aggregation Team Monday, June 16, 2025 1:00 am https://middleeast.managersofwealth.com/article/49833/leonteq-partners-with-emirates-islamic-on-shariamprsquoa-products Swiss fintech firm Leonteq teams up with UAE’s Emirates Islamic to deliver bespoke Shari’a-compliant structured products. Islamic Finance Islamic finance assets up 4.1% in 2024, reaching QR683bn News Aggregation Team Wednesday, June 11, 2025 1:00 am https://middleeast.managersofwealth.com/article/49810/islamic-finance-assets-up-41-in-2024-reaching-qr683bn Islamic finance assets in the State of Qatar experienced a 4.1 percent growth in 2024, reaching QR683bn ($187bn). Islamic Finance Emirates Islamic to delist from DFM on June 10 News Aggregation Team Tuesday, June 10, 2025 1:00 am https://middleeast.managersofwealth.com/article/49807/emirates-islamic-to-delist-from-dfm-on-june-10 EIB has instructed DFM to suspend trading of its shares Islamic Finance Saudi National Bank issues 5-year riyal sukuk worth $461mln at 6% News Aggregation Team Monday, June 09, 2025 1:00 am https://middleeast.managersofwealth.com/article/49794/saudi-national-bank-issues-5-year-riyal-sukuk-worth-461mln-at-6 The 5-year perpetual sukuk will be used to boost its capital Islamic Finance Dubai Islamic Bank launches third cohort of Emirati Development Program News Aggregation Team Friday, June 06, 2025 1:00 am https://middleeast.managersofwealth.com/article/49791/dubai-islamic-bank-launches-third-cohort-of-emirati-development-program The bank has over 10,000 staff working across offices and branches across the UAE. Islamic Finance QIB Named Islamic Bank of the Year in the Middle East by The Banker News Team Wednesday, June 04, 2025 1:00 am https://middleeast.managersofwealth.com/article/49776/qib-named-islamic-bank-of-the-year-in-the-middle-east-by-the-banker The award comes as QIB continues to strengthen its position as one of the most efficient and digitally advanced Islamic banks in the region Islamic Finance Qatar Islamic Bank mandates for USD 5-year sukuk News Aggregation Team Tuesday, June 03, 2025 1:00 am https://middleeast.managersofwealth.com/article/49766/qatar-islamic-bank-mandates-for-usd-5-year-sukuk The sukuk will be issued by QIB Sukuk Ltd. under the $5bln trust certificate issuance programme Islamic Finance Islamic banking in Egypt surges to EGP 1.08trn in March 2025 News Aggregation Team Monday, June 02, 2025 1:00 am https://middleeast.managersofwealth.com/article/49758/islamic-banking-in-egypt-surges-to-egp-108trn-in-march-2025 The number of Islamic banking branches grew to 320 in March 2025 Islamic Finance Lebanon’s economy to benefit from World Bank’s $250m recovery boost News Aggregation Team Thursday, June 26, 2025 1:00 am https://middleeast.managersofwealth.com/article/49897/lebanonamprsquos-economy-to-benefit-from-world-bankamprsquos-250m-recovery-boost The project follows a phased approach to address response Research, Comment and Analysis New KPMG study emphasizes need for robust internal controls and monitoring systems to combat rise in corporate fraud in MENA News Team Wednesday, June 25, 2025 1:00 am https://middleeast.managersofwealth.com/article/49887/new-kpmg-study-emphasizes-need-for-robust-internal-controls-and-monitoring-systems-to-combat-rise-in-corporate-fraud-in-mena Across the wider region, more than 223,000 digital assets remain vulnerable to cyberattacks Research, Comment and Analysis UAE will attract more millionaires as Emirates remains safest country despite regional war News Aggregation Team Monday, June 23, 2025 1:00 am https://middleeast.managersofwealth.com/article/49874/uae-will-attract-more-millionaires-as-emirates-remains-safest-country-despite-regional-war After Russia, Ukraine, European and US migration, UAE will see the next wave of migration from the region, says migration expert Research, Comment and Analysis World Bank report lauds Oman's strong economic performance News Aggregation Team Monday, June 23, 2025 1:00 am https://middleeast.managersofwealth.com/article/49876/world-bank-report-lauds-omanamp039s-strong-economic-performance Additionally, Oman maintained low inflation at 0.6% in 2024, compared to the GCC average of 2%. Research, Comment and Analysis World’s largest password leak exposes 16 billion credentials News Aggregation Team Friday, June 20, 2025 1:00 am https://middleeast.managersofwealth.com/article/49868/worldamprsquos-largest-password-leak-exposes-16-billion-credentials Unprecedented breach threatens global digital security Research, Comment and Analysis Saudi Arabia ranks 17th globally in competitiveness index as it outshines economic heavyweights News Aggregation Team Thursday, June 19, 2025 1:00 am https://middleeast.managersofwealth.com/article/49860/saudi-arabia-ranks-17th-globally-in-competitiveness-index-as-it-outshines-economic-heavyweights Kingdom placed behind China in 16th and ahead of Australia in 18th place Research, Comment and Analysis S&P upgrades Alkhaleej Takaful Insurance credit rating to A- News Aggregation Team Wednesday, June 18, 2025 1:00 am https://middleeast.managersofwealth.com/article/49853/sampampp-upgrades-alkhaleej-takaful-insurance-credit-rating-to-a According to a statement published on the Qatar Stock Exchange website, the upgrade reflects the company’s strong operating performance, Research, Comment and Analysis UAE's Binghatti Launches Asset Management Unit With $1 Billion Target News Aggregation Team Tuesday, June 17, 2025 1:00 am https://middleeast.managersofwealth.com/article/49844/uaeamp039s-binghatti-launches-asset-management-unit-with-1-billion-target Binghatti Capital aims to attract institutional investors, high-net-worth individuals and family offices Research, Comment and Analysis PwC Legal celebrates recognition at Middle East Legal Awards 2025 News Aggregation Team Tuesday, June 17, 2025 1:00 am https://middleeast.managersofwealth.com/article/49846/pwc-legal-celebrates-recognition-at-middle-east-legal-awards-2025 Held for the second time this year, the Middle East Legal Awards 2025 shines a spotlight on the region’s top performing legal firms Research, Comment and Analysis GCC budget spending estimated at $542.1bln for 2025: GCC-STAT News Aggregation Team Monday, June 16, 2025 1:00 am https://middleeast.managersofwealth.com/article/49836/gcc-budget-spending-estimated-at-5421bln-for-2025-gcc-stat Government revenues are expected to remain relatively stable, as oil prices remain at moderate to high levels Research, Comment and Analysis Mashreq expands global footprint with opening of representative office in Türkiye News Team Thursday, June 26, 2025 1:00 am https://middleeast.managersofwealth.com/article/49895/mashreq-expands-global-footprint-with-opening-of-representative-office-in-tampuumlrkiye With the new office, Mashreq now operates in 15 countries Investment Bank Citi presses revival in banking after making gains, despite exits: IFR News Aggregation Team Friday, June 13, 2025 1:00 am https://middleeast.managersofwealth.com/article/49824/citi-presses-revival-in-banking-after-making-gains-despite-exits-ifr Citi has ranked fifth for global investment banking fees in each of the last 12 years, according to LSEG data, which shows its broad strength, but also a failure to challenge the top three Investment Bank Alvarez & Marsal released Q1 2025 UAE Banking Pulse News Team Thursday, June 12, 2025 1:00 am https://middleeast.managersofwealth.com/article/49816/alvarez-ampamp-marsal-released-q1-2025-uae-banking-pulse The report analyses the performance of the UAE’s 10 largest listed banks, showing a strong start to the year marked by enhanced cost efficiency, rising non-interest income, and renewed M&A activity. Investment Bank Deutsche Bank secures ADGM license, expanding presence in UAE News Aggregation Team Thursday, May 22, 2025 1:00 am https://middleeast.managersofwealth.com/article/49716/deutsche-bank-secures-adgm-license-expanding-presence-in-uae Jean-Pierre Habis has been appointed as a senior manager for the new ADGM branch Investment Bank Beltone Investment Banking concludes EGP500mln securitized bond issuance for Jameel Finance-Egypt News Team Monday, May 19, 2025 1:00 am https://middleeast.managersofwealth.com/article/49691/beltone-investment-banking-concludes-egp500mln-securitized-bond-issuance-for-jameel-finance-egypt This transaction reinforces Beltone’s position as a leader in Egypt’s debt capital markets Investment Bank Standard Chartered opens representative office in Morocco News Team Thursday, May 15, 2025 1:00 am https://middleeast.managersofwealth.com/article/49674/standard-chartered-opens-representative-office-in-morocco New office located at the Casablanca Finance City Investment Bank Al Masraf reports net profit of AED 231mln in 2024 News Team Friday, May 02, 2025 1:00 am https://middleeast.managersofwealth.com/article/49600/al-masraf-reports-net-profit-of-aed-231mln-in-2024 Representing an Increase of 22% Investment Bank SICO named best investment bank in Bahrain News Team Tuesday, April 15, 2025 1:00 am https://middleeast.managersofwealth.com/article/49517/sico-named-best-investment-bank-in-bahrain For sixth consecutive year Investment Bank Dubai's Mashreq to work with Goldman Sachs to cater for rich clients News Aggregation Team Friday, April 11, 2025 1:00 am https://middleeast.managersofwealth.com/article/49498/dubaiamp039s-mashreq-to-work-with-goldman-sachs-to-cater-for-rich-clients Our strategic collaboration with Goldman Sachs represents a pivotal milestone in institutionalising our investment platform Investment Bank UAE Bank Investments Jump 16% To $202B In January News Aggregation Team Friday, April 11, 2025 1:00 am https://middleeast.managersofwealth.com/article/49506/uae-bank-investments-jump-16-to-202b-in-january Held-to-maturity bonds also grew 7.9% annually to $91.4 billion (AED 335.7 billion), although they saw a slight 1.1% dip compared to the previous month. Investment Bank Qatar-based GAB becomes the first accreditation body from the MENA region to sign APAC's MRA for GHG Accreditation News Team Monday, June 23, 2025 1:00 am https://middleeast.managersofwealth.com/article/49872/qatar-based-gab-becomes-the-first-accreditation-body-from-the-mena-region-to-sign-apacamp039s-mra-for-ghg-accreditation Positions GAB as a key enabler in the MENA region for climate accountability and sustainability practices aligned with international standards Planet SOS NBK wins best bank for sustainable finance in Kuwait by Global Finance News Team Thursday, June 12, 2025 1:00 am https://middleeast.managersofwealth.com/article/49818/nbk-wins-best-bank-for-sustainable-finance-in-kuwait-by-global-finance Affirming its ESG leadership in Kuwait’s banking sector Planet SOS 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