https://middleeast.managersofwealth.com/ Thu, 21 Nov 2024 06:20:58 GMT part of MediaG8way Group https://middleeast.managersofwealth.com/ https://middleeast.managersofwealth.com/assets/images/logo.png KohanaPHP News Team Monday, November 18, 2024 12:00 am https://middleeast.managersofwealth.com/article/48756/mashreq-appoints-philip-philippides-as-ceo-of-mashreq-capital Philip brings more than 28 years of experience from across major global financial institutions, including Morgan Stanley, Blackrock/iShares, MSCI, and Amundi, as well as his own strategic consulting practice On the Move News Aggregation Team Monday, November 18, 2024 12:00 am https://middleeast.managersofwealth.com/article/48754/investcorp-names-aljomaih-as-new-saudi-ceo Bahrain-based Investcorp is a specialist in alternative investments across four asset classes On the Move News Team Friday, November 15, 2024 12:00 am https://middleeast.managersofwealth.com/article/48743/neuberger-berman-adds-to-middle-east-and-north-africa-capabilities-with-khalid-albdah-joining Khalid will lead the firm’s strategic development across client coverage, operations, and investments in the region On the Move News Team Thursday, November 14, 2024 12:00 am https://middleeast.managersofwealth.com/article/48739/aliph-capital-appoints-private-capital-veteran-as-managing-director Gaurav Wadhwa joins Aliph’s expanding team of GCC mid-market specialists On the Move News Aggregation Team Thursday, November 14, 2024 12:00 am https://middleeast.managersofwealth.com/article/48742/clarke-morton-shepherd-joins-project-ampamp-development-services-team-of-jll He brings 25 years of related experience to the role On the Move News Team Tuesday, November 12, 2024 12:00 am https://middleeast.managersofwealth.com/article/48725/hawksford-maintains-growth-trajectory-with-global-business-development-team-expansion AIms to maintain its focus on international expansion and support the increasingly diverse needs of its global client base On the Move News Aggregation Team Friday, November 08, 2024 12:00 am https://middleeast.managersofwealth.com/article/48717/kpmg-appoints-hossain-alshedoki-as-global-lead-for-iot-and-ot-offerings The Internet of Things (IoT) is one of the most highly anticipated technology developments in business. On the Move News Aggregation Team Wednesday, November 06, 2024 12:00 am https://middleeast.managersofwealth.com/article/48702/capital-gate-advisors-strengthens-public-policy-offering-with-tim-fox In his new role, Tim Fox will co-lead the Public Policy and Market Entry practice alongside Wajih Halawa, one of the two co-founders of Capital Gate Advisors. On the Move News Team Tuesday, November 05, 2024 12:00 am https://middleeast.managersofwealth.com/article/48686/citi-appoints-new-head-of-uae-citi-commercial-bank Vineet will report to Alexander Stiris, Head of Citi Commercial Bank for Europe, and the Middle East & Africa Clusters, and into the Citi Country Officer (CCO) and Banking Head for the UAE, Maria Ivanova On the Move News Team Tuesday, November 05, 2024 12:00 am https://middleeast.managersofwealth.com/article/48688/bhm-capital-has-been-appointed-as-the-liquidity-provider-for-adnh-catering-shares-listed-on-adx This strategic partnership is set to significantly enhance the liquidity of the shares, targeting greater price stability and more efficient transactions for investors, ensuring a seamless experience for both individual and institutional investors On the Move News Aggregation Team Tuesday, November 19, 2024 12:00 am https://middleeast.managersofwealth.com/article/48760/qataramp039s-central-bank-assets-grow-by-4-percent In addition, deposits and special drawing rights decreased by 1.83% to 4.84 billion riyals Legal, Tax, Regulation & Compliance News Aggregation Team Tuesday, November 19, 2024 12:00 am https://middleeast.managersofwealth.com/article/48761/blackrock-gets-abu-dhabi-license-weeks-after-nod-for-saudi-hq “Its strategic location, proactive government policies, and commitment to sustainable growth make it an ideal location for capital markets.” Legal, Tax, Regulation & Compliance News Aggregation Team Tuesday, November 19, 2024 12:00 am https://middleeast.managersofwealth.com/article/48765/mbank-signs-an-mou-with-meydan-management-services Entrepreneurs will be given the possibility to open a fully digital business bank account Legal, Tax, Regulation & Compliance News Aggregation Team Friday, November 15, 2024 12:00 am https://middleeast.managersofwealth.com/article/48749/qatar-central-bank-organises-capacity-building-programme-with-iilm He added that the program would help enhance the understanding of the role of Islamic financial markets and instruments, explore emerging opportunities, and share best practices that can help achieve strategic objectives. Legal, Tax, Regulation & Compliance News Aggregation Team Thursday, November 14, 2024 12:00 am https://middleeast.managersofwealth.com/article/48740/fabamprsquos-eosb-funds-secure-initial-approval-from-mohre-sca FAB’s EOSB Funds also simplify the administrative process for employers, enabling them to register through the bank’s EOSB online portal Legal, Tax, Regulation & Compliance News Team Wednesday, November 06, 2024 12:00 am https://middleeast.managersofwealth.com/article/48697/dfsa-fines-company-for-unauthorised-misleading-financial-promotions DFSA said that it had imposed a financial penalty of US$100,000 (AED367,000) on Vedas Marketing for conducting unauthorised financial promotions Legal, Tax, Regulation & Compliance News Aggregation Team Wednesday, November 06, 2024 12:00 am https://middleeast.managersofwealth.com/article/48699/sab-receives-prestigious-iso-certification The certification process involved thorough audits conducted by experts from the British Standards Institution over the past three months, assessing various processes and procedures within the bank. Legal, Tax, Regulation & Compliance News Aggregation Team Monday, November 04, 2024 12:00 am https://middleeast.managersofwealth.com/article/48680/cib-becomes-first-bank-to-undergo-electronic-inspection-under-egyptamprsquos-new-tax-system The event was attended by several banking and financial leaders, as well as officials from the Ministry of Finance, the Egyptian Tax Authority, and both the public and private sectors Legal, Tax, Regulation & Compliance News Aggregation Team Monday, November 04, 2024 12:00 am https://middleeast.managersofwealth.com/article/48684/qc-calls-for-study-on-carbon-tax-implications-for-gcc-economies The Chairman of Qatar Chamber noted that the European Union plans to impose this tax in 2026 Legal, Tax, Regulation & Compliance News Team Tuesday, October 29, 2024 12:00 am https://middleeast.managersofwealth.com/article/48650/saudi-exim-bank-and-africa-finance-corporation-sign-mou To Enhance Export Activities in the Middle East and Africa Legal, Tax, Regulation & Compliance News Team Monday, November 18, 2024 12:00 am https://middleeast.managersofwealth.com/article/48753/emirates-nbd-brings-back-its-mega-foreign-exchange-customer-promotion Over 10,000 winners to win prizes worth a total of AED 3 million over 3 months, including 115 daily and 35 monthly winners Retail Banking News Team Monday, November 18, 2024 12:00 am https://middleeast.managersofwealth.com/article/48757/gulf-bank-wins-mastercard-award-for-highest-tokenized-debit-portfolio-in-kuwait During Mastercard East Arabia Business Forum Retail Banking News Aggregation Team Friday, November 15, 2024 12:00 am https://middleeast.managersofwealth.com/article/48747/egypt-eg-bank-posts-8349-consolidated-profit-hike-in-9-months EG Bank is engaged in the provision of corporate, retail, and investment banking services through a network of 16 branches located across Egypt Retail Banking News Aggregation Team Thursday, November 14, 2024 12:00 am https://middleeast.managersofwealth.com/article/48737/uae-banking-sector-can-put-in-higher-growth-even-with-interest-rate-cuts-cbdamp039s-al-hammadi Sufficient demand exits for loans, investment opportunities in UAE, says CBD official Retail Banking News Aggregation Team Monday, November 11, 2024 12:00 am https://middleeast.managersofwealth.com/article/48721/saudi-awwal-bank-third-quarter-results-hereamp039s-what-analysts-are-forecasting-for-next-year We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year. Retail Banking News Team Friday, November 08, 2024 12:00 am https://middleeast.managersofwealth.com/article/48712/gulf-bank-holds-its-third-quarter-2024-earnings-webcast Waleed Khaled Mandani: Kuwait's financial system remains resilient Retail Banking News Aggregation Team Friday, November 08, 2024 12:00 am https://middleeast.managersofwealth.com/article/48710/bahrainamprsquos-nbb-begins-proceedings-in-potential-merger-with-bank-of-bahrain-and-kuwait The bank previously appointed Goldman Sachs as financial adviser for its negotiation Retail Banking News Aggregation Team Friday, November 08, 2024 12:00 am https://middleeast.managersofwealth.com/article/48715/oman-ahlibank-reports-80mln-net-profit-for-9-month-period The bank’s total assets surged by 10% Retail Banking News Team Monday, November 04, 2024 12:00 am https://middleeast.managersofwealth.com/article/48683/nbk-the-only-kuwaiti-bank-in-global-financeamprsquos-list-of-the-worldamprsquos-100-safest-banks-for-2024 A new achievement denoting local, regional and global trust in the bank Retail Banking News Aggregation Team Friday, November 01, 2024 12:00 am https://middleeast.managersofwealth.com/article/48675/qnb-becomes-first-to-launch-visaamprsquos-enhanced-click-to-pay QNB and Dibsy were recognized for their pioneering efforts by Visa at an award ceremony at QNB attended by QNB’s, Visa’s, and Dibsy’s executives. Retail Banking News Aggregation Team Wednesday, November 20, 2024 12:00 am https://middleeast.managersofwealth.com/article/48768/international-insurer-rokstone-launches-in-dubai-ifc The Dubai operation will capture regional business in MENA not currently coming to London Alternative Investments News Team Wednesday, November 20, 2024 12:00 am https://middleeast.managersofwealth.com/article/48770/savills-egypt-wins-amplsquobest-real-estate-agencyamprsquo-at-2024-euromoney-real-estate-awards The team expanded to over 165 professionals, delivering consultancy for more than 5.5 million square meters across the MENA region and actively managing over 1 million square meters in Egypt Alternative Investments News Team Tuesday, November 19, 2024 12:00 am https://middleeast.managersofwealth.com/article/48758/big-gulf-banks-buck-global-trend-as-lending-income-growth-continues QNB expects central banks in advanced economies to take policy rates from "restrictive territory towards neutral and accommodative levels by mid-2025 Alternative Investments News Aggregation Team Tuesday, November 19, 2024 12:00 am https://middleeast.managersofwealth.com/article/48762/saudi-insurers-expect-financial-boost-from-new-reinsurance-mechanism The mechanism is set to take effect on Jan. 1, giving licensed reinsurance companies the priority to accept or decline these assignments, it added. Alternative Investments News Aggregation Team Monday, November 18, 2024 12:00 am https://middleeast.managersofwealth.com/article/48752/kuwait-investment-authorityamprsquos-managing-directoramprsquos-term-cut-short-report-says The Kuwait Investment Authority’s website has updated its list of senior management, with Salem Al-Sabah as its manaigng director. Alternative Investments News Aggregation Team Monday, November 18, 2024 12:00 am https://middleeast.managersofwealth.com/article/48755/office-market-sees-increase-in-occupancy-rates-in-q3 The report states that recent activity indicates that there is minimal availability in Msheireb Downtown Alternative Investments News Aggregation Team Friday, November 15, 2024 12:00 am https://middleeast.managersofwealth.com/article/48746/kuwait-to-replace-head-of-its-1-trillion-sovereign-wealth-fund The fund has been beset by challenges in recent years, coinciding with a period of political upheaval in Kuwait. Alternative Investments News Team Thursday, November 14, 2024 12:00 am https://middleeast.managersofwealth.com/article/48738/pif-announces-sale-of-100mln-shares-in-stc Representing 2% of the company’s issued share capital Alternative Investments News Team Tuesday, November 12, 2024 12:00 am https://middleeast.managersofwealth.com/article/48726/middle-east-sovereign-wealth-funds-can-drive-sustainable-development-by-investing-in-global-south Stern at NYUAD’s Transition Investment Lab Annual Report launched at workshop titled The Great Reallocation: Mobilizing Capital for Transition Investment Alternative Investments News Aggregation Team Tuesday, November 12, 2024 12:00 am https://middleeast.managersofwealth.com/article/48730/foreign-fundsamprsquo-selling-pressure-drags-qse-19-points The Arab individual investors turned bullish in the main market, which saw no trading of treasury bills. Alternative Investments News Team Wednesday, November 20, 2024 12:00 am https://middleeast.managersofwealth.com/article/48766/rothschild-ampamp-co-continues-middle-east-expansion-with-new-wealth-management-office-in-dubai The new Dubai office, located in Dubai International Finance Centre (DIFC) and already fully operational, is headed by Sascha Benz, a senior banker who has relocated from Rothschild & Co in Switzerland. Wealth & Asset Management News Team Wednesday, November 20, 2024 12:00 am https://middleeast.managersofwealth.com/article/48767/hsbc-expands-global-private-banking-in-kuwait HSBC Global Private Banking advises on a broad range of tailored solutions in Kuwait in line with international investment norms through a personal, bespoke services Wealth & Asset Management News Aggregation Team Friday, November 15, 2024 12:00 am https://middleeast.managersofwealth.com/article/48745/nbk-wealth-named-best-private-banking-services-in-kuwait-2025 Global Finance announced the winners across various regional categories, drawing on comprehensive evaluations by the magazine’s editorial team. Wealth & Asset Management News Aggregation Team Tuesday, November 05, 2024 12:00 am https://middleeast.managersofwealth.com/article/48694/iq-eq-sees-uptick-in-family-office-set-up-services The firm recently received its corporate license to operate in the ADGM. Wealth & Asset Management News Aggregation Team Thursday, October 31, 2024 12:00 am https://middleeast.managersofwealth.com/article/48661/fab-and-gilded-offer-digitally-enabled-physical-gold-investments For private banking customers, FAB and Gilded is introducing digitally enabled physical gold investments. Wealth & Asset Management News Aggregation Team Thursday, October 31, 2024 12:00 am https://middleeast.managersofwealth.com/article/48662/qnb-bags-global-finance-magazineamp039s-best-private-bank-in-the-middle-east-and-qatar-2025-awards This accolade highlights QNB’s unmatched expertise in delivering superior wealth management solutions and personalised services to its elite clientele, in Qatar and the region. Wealth & Asset Management News Team Tuesday, October 29, 2024 12:00 am https://middleeast.managersofwealth.com/article/48646/maerki-baumann-establishes-middle-east-hub-in-abu-dhabi The focus of the new Middle East Hub will be on tech corporate customers in the Gulf region who rely on blockchain technology or crypto applications. Wealth & Asset Management News Aggregation Team Monday, October 28, 2024 12:00 am https://middleeast.managersofwealth.com/article/48639/uaeamp039s-economy-to-grow-over-5-in-2025-ubs-wealth-management The IMF recently maintained its forecast for the UAE’s GDP growth at 4%in 2024 Wealth & Asset Management News Team Friday, October 25, 2024 1:00 am https://middleeast.managersofwealth.com/article/48630/difc-foundations-a-unique-private-wealth-structuring-proposition A DIFC foundation can be established to hold all asset classes for charitable and / or non-charitable purposes and has an independent legal personality, typically combining the features of both a trust and a company. Wealth & Asset Management News Team Tuesday, October 22, 2024 1:00 am https://middleeast.managersofwealth.com/article/48606/where-can-wealth-managers-find-opportunity-when-assets-are-in-flux Firms will come under increasing pressure to deliver best-in-class client experiences Wealth & Asset Management News Aggregation Team Wednesday, November 20, 2024 12:00 am https://middleeast.managersofwealth.com/article/48769/emirates-nbd-partners-with-mckinsey-to-drive-ai-and-advanced-analytics The collaboration between the two companies began in 2021 FinTech News Aggregation Team Friday, November 15, 2024 12:00 am https://middleeast.managersofwealth.com/article/48748/kuwaitamprsquos-e-commerce-set-to-reach-kd-161-billion-in-2024 He added smartphones are within the reach of all residents of the country, regardless of their income and standard of living. FinTech News Aggregation Team Wednesday, November 13, 2024 12:00 am https://middleeast.managersofwealth.com/article/48731/visa-launches-flexible-payments-feature-in-us-uae The "flexible credential" feature lets customers use a single card to pay from different funding sources FinTech News Team Wednesday, November 13, 2024 12:00 am https://middleeast.managersofwealth.com/article/48735/egypt-showcases-cutting-edge-electronics-innovation At Electronica 2024 in Germany FinTech News Aggregation Team Tuesday, November 12, 2024 12:00 am https://middleeast.managersofwealth.com/article/48728/doha-bank-enhances-banking-experience-for-dpay-customers-with-new-mobile-banking-app-features Doha Bank is at the forefront of Qatar’s financial services by investing in digital innovations that enhance the customer experience through advanced banking tools. FinTech News Aggregation Team Monday, November 11, 2024 12:00 am https://middleeast.managersofwealth.com/article/48720/digital-wealth-management-from-exclusive-to-inclusive To seize the opportunity that digital wealth management presents, banks should first look for an engagement banking platform that can be layered on top of existing investments FinTech News Aggregation Team Friday, November 08, 2024 12:00 am https://middleeast.managersofwealth.com/article/48711/salt-edge-partners-with-spire-to-help-bahraini-banks-extend-open-banking-to-corporate-accounts The latest amendments plan to bring legal entities in line with the existing open banking framework. FinTech News Aggregation Team Friday, November 08, 2024 12:00 am https://middleeast.managersofwealth.com/article/48713/grant-thornton-partners-with-australian-it-company-oreta-in-uae-market The partnership will see Grant Thornton deepen its offerings in cloud and cybersecurity, combining its business advisory and digital consulting capabilities with Oreta’s tech knowhow and solutions. FinTech News Aggregation Team Thursday, November 07, 2024 12:00 am https://middleeast.managersofwealth.com/article/48705/jeel-and-audax-partner-to-launch-baas-open-banking-solutions-in-saudi-arabia In the shorter term, institutions in Saudi Arabia will benefit from rapid migration from legacy systems, unlocking new digital capabilities and flexible business models. FinTech News Aggregation Team Thursday, November 07, 2024 12:00 am https://middleeast.managersofwealth.com/article/48708/qcb-grants-sandbox-entry-approval-to-ajyal-fintech-solutions It is important to note that entry into the regulatory sandbox does not equate to full-scale licensing approval FinTech News Aggregation Team Tuesday, November 19, 2024 12:00 am https://middleeast.managersofwealth.com/article/48764/adib-egypt-receives-global-finance-magazineamprsquos-ampldquobest-islamic-financial-institution-in-egyptamprdquo-award-for-7th-year This commendation is also a testament to the bank’s sustainable growth and its strengthening position as the first choice for clients seeking Sharia-compliant banking solutions. Islamic Finance News Team Wednesday, November 13, 2024 12:00 am https://middleeast.managersofwealth.com/article/48733/bank-nizwa-reaffirms-leadership-position-with-remarkable-q3-performance With a net profit of OMR 12,431 million, reflecting a notable 6% increase Islamic Finance News Aggregation Team Tuesday, November 12, 2024 12:00 am https://middleeast.managersofwealth.com/article/48723/qib-recognised-as-safest-islamic-bank-in-qatar-and-2nd-in-gcc-by-global-finance This prestigious acknowledgment solidifies QIB's position as a beacon of safety and stability in Islamic banking locally and globally. Islamic Finance News Aggregation Team Tuesday, November 12, 2024 12:00 am https://middleeast.managersofwealth.com/article/48729/central-bank-pushes-for-islamic-banking-at-bahrain-conference The Central Bank of Afghanistan delegation traveled to Malaysia to attend the International Forum on Islamic Economics and Finance. Islamic Finance News Team Thursday, November 07, 2024 12:00 am https://middleeast.managersofwealth.com/article/48706/dubai-islamic-bank-nine-month-2024-group-financial-results Balance Sheet expands to AED 329 billion, up almost 5% YTD Islamic Finance News Aggregation Team Wednesday, November 06, 2024 12:00 am https://middleeast.managersofwealth.com/article/48700/adib-becomes-first-uae-bank-to-safely-test-fractional-sukuks-offering-to-retail-investors This supports the UAE's leading position as a global hub for technological innovation and financial services Islamic Finance News Team Wednesday, November 06, 2024 12:00 am https://middleeast.managersofwealth.com/article/48701/al-salam-bank-launches-asb-capital-a-new-asset-management-firm-in-the-difc-with-aums-of-usd-45-billion The announcement was made on the sidelines of the Gateway Gulf Investment Forum held in the Kingdom of Bahrain on November 3 and 4, 2024. Islamic Finance News Aggregation Team Tuesday, November 05, 2024 12:00 am https://middleeast.managersofwealth.com/article/48693/bait-al-mashura-journal-ranks-first-in-arab-world-for-specialisation-of-islamic-economics-and-finance The rank was awarded by the Arab Citation and Impact Factor (ARCIF), for the year 2024. Islamic Finance News Aggregation Team Friday, October 18, 2024 1:00 am https://middleeast.managersofwealth.com/article/48598/sharjah-islamic-bankamp039s-profit-before-tax-increased-by-29-for-nine-month-period-ended-30-september-2024 The overall revenue increase is because of the SIB's strong core performance; focus on SIB’s customer-centric approach and multiple new high profit oriented customized products Islamic Finance News Aggregation Team Wednesday, October 16, 2024 1:00 am https://middleeast.managersofwealth.com/article/48574/ithmaar-bank-enables-digital-onboarding-in-bahrain Ithmaar Bank designed this service to cater to the needs of corporates and SMEs clients Islamic Finance News Team Wednesday, November 20, 2024 12:00 am https://middleeast.managersofwealth.com/article/48771/kpmg-report-building-governance-for-a-sustainable-industrial-future-in-saudi-arabia-and-beyond The report highlights how government intervention is essential for fostering innovation, attracting investment, and supporting the growth of key sectors Research, Comment and Analysis News Team Wednesday, November 20, 2024 12:00 am https://middleeast.managersofwealth.com/article/48772/deloitte-middle-east-partners-gather-at-the-dubai-opera-for-their-annual-partner-meeting Deloitte Middle East welcomed over 50 partners in the past 12 months, with 24% being women. Research, Comment and Analysis News Aggregation Team Tuesday, November 19, 2024 12:00 am https://middleeast.managersofwealth.com/article/48763/kuwait-central-bank-holds-discount-rate-steady-at-40-despite-fed-cuts US Federal Reserve’s rate cuts are positive for the Gulf countries, which had previously raised their interest rates to align with the US to protect their currencies, as their exchange rates are pegged to the dollar Research, Comment and Analysis News Aggregation Team Monday, November 18, 2024 12:00 am https://middleeast.managersofwealth.com/article/48751/julius-baer-succession-planning-is-the-leading-family-topic Intergenerational wealth transfer and succession planning has moved up from second place [in 2023] to emerge as this year’s top family-related topic across every single region Research, Comment and Analysis News Team Thursday, November 14, 2024 12:00 am https://middleeast.managersofwealth.com/article/48741/uae-entrepreneurs-are-among-the-most-optimistic-globally-about-business-growth-despite-headwinds-hsbc-survey 98% of UAE business owners are confident about future growth Research, Comment and Analysis News Aggregation Team Wednesday, November 13, 2024 12:00 am https://middleeast.managersofwealth.com/article/48732/retailers-in-ksa-and-the-uae-must-innovate-and-differentiate-to-prosper-in-fast-changing-retail-markets According to a new report from Oliver Wyman Research, Comment and Analysis News Team Tuesday, November 12, 2024 12:00 am https://middleeast.managersofwealth.com/article/48724/sustainability-as-a-key-differentiator-for-banks Empathising with customers Research, Comment and Analysis News Aggregation Team Tuesday, November 05, 2024 12:00 am https://middleeast.managersofwealth.com/article/48687/saudi-vision-2030-to-catalyze-banking-sector-growth-moodyamprsquos Kingdom’s housing program has been a driver of credit growth for the banks over the last five years Research, Comment and Analysis News Aggregation Team Monday, November 04, 2024 12:00 am https://middleeast.managersofwealth.com/article/48681/pwc-egyptamprsquos-mampampa-landscape-is-showing-signs-of-recovery The situation now looks to have improved. Research, Comment and Analysis News Team Friday, November 01, 2024 12:00 am https://middleeast.managersofwealth.com/article/48670/new-deloitte-study-explores-the-future-of-sports-club-privatization-in-saudi-arabia-and-their-path-to-profitability Deloitte outlines strategic pathways for club ownership, guiding new investors in transforming newly privatized sports entities into profitable and sustainable ventures Research, Comment and Analysis 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 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 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 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 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 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 News Team Wednesday, June 05, 2024 1:00 am https://middleeast.managersofwealth.com/article/47841/efg-hermes-completes-advisory-on-764mln-ipo-of-fakeeh-care-group-on-the-saudi-exchange The IPO garnered widespread interest from local, regional, and international investors, with an oversubscription rate of 119 Investment Bank News Aggregation Team Friday, May 24, 2024 1:00 am https://middleeast.managersofwealth.com/article/47784/efg-holding-revenue-surges-92-to-egp-86bn-in-q1-2024-unveils-share-buyback-program EFG Hermes, the investment bank arm, played a key role in the strong Q1 results, with revenues more than doubling year-on-year to EGP 6.2bn. Investment Bank News Team Wednesday, May 08, 2024 1:00 am https://middleeast.managersofwealth.com/article/47691/banque-misr-announces-strategic-partnership-and-major-investment-in-belmazad Egypt’s First Digital Public Auction Platform Investment Bank News Team Thursday, March 21, 2024 12:00 am https://middleeast.managersofwealth.com/article/47432/efg-hermes-completes-advisory-on-4287mln-ipo-of-parkin-on-the-dfm The IPO set a record for the most subscribed offering on the Dubai Financial Market, with an overall subscription of approximately 165 times Investment Bank News Team Wednesday, November 20, 2024 12:00 am https://middleeast.managersofwealth.com/article/48773/bankdhofar-publishes-inaugural-sustainability-report-for-2023 Leading the way in ESG and corporate governance Planet SOS News Aggregation Team Friday, November 15, 2024 12:00 am https://middleeast.managersofwealth.com/article/48750/cop29-saudi-arabia-signs-major-green-energy-pact-with-central-asian-nations Saudi Arabia, a leader in Middle Eastern clean energy, aims to meet 50 percent of its power needs from renewable sources by 2030. Planet SOS News Team Tuesday, November 12, 2024 12:00 am https://middleeast.managersofwealth.com/article/48727/eso-and-bank-nizwa-conclude-waamprsquoai-competition-for-omanamprsquos-youth-to-raise-environmental-awareness Seeking to promote awareness and sustainable living practices by addressing challenges impacting the nation’s natural environment Planet SOS News Aggregation Team Monday, October 28, 2024 12:00 am https://middleeast.managersofwealth.com/article/48644/the-path-to-sustainable-business-through-esg-compliance Businesses in the UAE face rising pressures — and costs — to comply with ESG standards, leveraging lessons from global markets to drive both growth and environmental stewardship Planet SOS News Team Thursday, October 10, 2024 1:00 am https://middleeast.managersofwealth.com/article/48545/qib-joins-forces-with-dhl-express-qatar-by-signing-up-for-the-gogreen-plus-program This collaboration is part of QIB’s ongoing commitment to reducing its carbon footprint Planet SOS News Aggregation Team Monday, September 30, 2024 1:00 am https://middleeast.managersofwealth.com/article/48490/landmark-retail-signs-esg-linked-facility-with-emirates-nbd The agreement was signed in the presence of officials and representatives from both companies. Planet SOS News Aggregation Team Thursday, September 26, 2024 1:00 am https://middleeast.managersofwealth.com/article/48478/emirates-nbd-adds-impetus-to-sll-bond-push-ifr ENBD’s move which will include face-to-face presentations to potential buyers in London, as well as virtual meetings – comes with momentum rising around SLLBs Planet SOS News Team Wednesday, September 25, 2024 1:00 am https://middleeast.managersofwealth.com/article/48471/record-growth-drives-cost-advantage-of-renewable-power 81% of renewable additions in 2023 were cheaper than fossil fuel alternatives, offering countries a compelling business and investment case to triple renewables by 2030 Planet SOS News Aggregation Team Tuesday, September 03, 2024 1:00 am https://middleeast.managersofwealth.com/article/48345/climate-risk-and-esg-integration-in-arab-banks The Arab region is particularly vulnerable to the adverse effects of climate change. Planet SOS News Team Wednesday, August 28, 2024 1:00 am https://middleeast.managersofwealth.com/article/48306/ifc-and-jordan-ahli-bank-launch-first-locally-issued-sustainability-bond-in-jordan IFC has subscribed to a landmark six-year sustainability bond issued by Jordan Ahli Bank, one of the country’s leading banks Planet SOS