Managers of Wealth - Middle East https://middleeast.managersofwealth.com/ Tue, 29 Apr 2025 19:19:26 BST part of MediaG8way Group https://middleeast.managersofwealth.com/ https://middleeast.managersofwealth.com/assets/images/logo.png Managers of Wealth - Middle East KohanaPHP Mashreq appoints Marwan Galadari as the New Head of Trading Companies News Team Tuesday, April 29, 2025 1:00 am https://middleeast.managersofwealth.com/article/49575/mashreq-appoints-marwan-galadari-as-the-new-head-of-trading-companies Marwan brings to Mashreq a wealth of expertise and experience in the banking industry and a proven track record in driving growth On the Move RAK Digital Assets Oasis appoints Paul Dawalibi as CEO to spearhead vision of becoming the World’s Leading Innovation Hub News Team Tuesday, April 29, 2025 1:00 am https://middleeast.managersofwealth.com/article/49576/rak-digital-assets-oasis-appoints-paul-dawalibi-as-ceo-to-spearhead-vision-of-becoming-the-worldamprsquos-leading-innovation-hub This strategic transition marks a pivotal moment in RAK DAO’s evolution On the Move Arthur D. Little appoints Sundeep Khanna as partner in performance practice News Team Thursday, April 24, 2025 1:00 am https://middleeast.managersofwealth.com/article/49561/arthur-d-little-appoints-sundeep-khanna-as-partner-in-performance-practice To strengthen focus on Middle East retail sector On the Move Invest Bank strengthens leadership team to accelerate transformation and enhance financial governance News Team Wednesday, April 23, 2025 1:00 am https://middleeast.managersofwealth.com/article/49547/invest-bank-strengthens-leadership-team-to-accelerate-transformation-and-enhance-financial-governance Appointments underscore Invest Bank’s focus on strengthening governance, enhancing agility, and accelerating innovation across its operations On the Move EFG announces strategic leadership appointment in Dubai News Team Tuesday, April 22, 2025 1:00 am https://middleeast.managersofwealth.com/article/49546/efg-announces-strategic-leadership-appointment-in-dubai She will work closely with the senior management team of EFG International to support the Group’s overall strategic objectives and positioning. On the Move Specialty MGA Africa & Middle East appoints two senior underwriters News Aggregation Team Thursday, April 17, 2025 1:00 am https://middleeast.managersofwealth.com/article/49533/specialty-mga-africa-ampamp-middle-east-appoints-two-senior-underwriters In her new role, El Bahtouri will be based in the Casablanca office, driving growth in the P&C reinsurance markets and developing a balanced portfolio of specialist lines focused on client needs. On the Move Citi announces Carmen Haddad will join Citi Wealth in a senior capacity News Team Wednesday, April 16, 2025 1:00 am https://middleeast.managersofwealth.com/article/49525/citi-announces-carmen-haddad-will-join-citi-wealth-in-a-senior-capacity Serving as Vice Chair, Citi Private Bank On the Move Al-Futtaim Automotive appoints Katib Belkhodja as Marketing Director for Toyota & Lexus UAE News Team Tuesday, April 15, 2025 1:00 am https://middleeast.managersofwealth.com/article/49516/al-futtaim-automotive-appoints-katib-belkhodja-as-marketing-director-for-toyota-ampamp-lexus-uae The move places a seasoned executive with broader divisional experience at the helm of the company’s core business On the Move KKR Appoints General David Petraeus as Chairman of the Middle East and Establishes Dedicated Investment Team in the Region News Team Tuesday, April 15, 2025 1:00 am https://middleeast.managersofwealth.com/article/49519/kkr-appoints-general-david-petraeus-as-chairman-of-the-middle-east-and-establishes-dedicated-investment-team-in-the-region Expansion builds on 16-year local presence and several investments in the region On the Move Id8 retail appoints Premal Patel as Board Advisor to support Middle East and Emerging Markets Business Expansion News Team Tuesday, April 15, 2025 1:00 am https://middleeast.managersofwealth.com/article/49521/id8-retail-appoints-premal-patel-as-board-advisor-to-support-middle-east-and-emerging-markets-business-expansion With over 30 years of experience across the UK and the GCC, Premal is a renowned leader in retail data, customer loyalty, retail media, and digital transformation On the Move Federation of GCC Chambers announces Gulf-Moroccan Investment Forum News Aggregation Team Monday, April 28, 2025 1:00 am https://middleeast.managersofwealth.com/article/49570/federation-of-gcc-chambers-announces-gulf-moroccan-investment-forum The forum will be widely attended by ministers, senior officials, and business leaders from both the Gulf and Moroccan sides. Legal, Tax, Regulation & Compliance Saudi Arabia and Qatar to pay back Syria’s debt to the World Bank News Aggregation Team Monday, April 28, 2025 1:00 am https://middleeast.managersofwealth.com/article/49574/saudi-arabia-and-qatar-to-pay-back-syriaamprsquos-debt-to-the-world-bank A joint statement by the finance ministries of Saudi and Qatar said the decision to pay Syria’s nearly $15 million debt to the World Bank Legal, Tax, Regulation & Compliance Egypt: Banque Misr suspends Talat Harb CDs starting April 27 News Aggregation Team Friday, April 25, 2025 1:00 am https://middleeast.managersofwealth.com/article/49564/egypt-banque-misr-suspends-talat-harb-cds-starting-april-27 The fixed-return "Triple Summit" certificate will also see its interest rate drop by 2% Legal, Tax, Regulation & Compliance Lebanon receives preliminary approval to increase World Bank loan to $400m News Aggregation Team Friday, April 25, 2025 1:00 am https://middleeast.managersofwealth.com/article/49565/lebanon-receives-preliminary-approval-to-increase-world-bank-loan-to-400m The Lebanese prime minister said in March that the World Bank had presented a $1 billion program Legal, Tax, Regulation & Compliance SACE in Egypt: First framework agreement launched with ALEXBANK News Team Friday, April 25, 2025 1:00 am https://middleeast.managersofwealth.com/article/49566/sace-in-egypt-first-framework-agreement-launched-with-alexbank €200 million in guarantees to boost exports to Egypt — a strategic priority for Italy's “Mattei Plan” Legal, Tax, Regulation & Compliance Walkers Advise Mashreqbank on its Landmark US$500m Sukuk Issuance News Team Thursday, April 24, 2025 1:00 am https://middleeast.managersofwealth.com/article/49555/walkers-advise-mashreqbank-on-its-landmark-us500m-sukuk-issuance This marked the first issuance from the CEEMEA region following US President Donald Trump's tariff announcement on 2 April 2025. Legal, Tax, Regulation & Compliance Grant Thornton UAE to join multinational platform News Team Thursday, April 24, 2025 1:00 am https://middleeast.managersofwealth.com/article/49559/grant-thornton-uae-to-join-multinational-platform Through the agreement, Grant Thornton UAE will join the multinational platform that Grant Thornton Advisors initially created earlier this year with Grant Thornton Ireland Legal, Tax, Regulation & Compliance UAE Central Bank hits banking entity with 'financial sanction' News Aggregation Team Tuesday, April 22, 2025 1:00 am https://middleeast.managersofwealth.com/article/49545/uae-central-bank-hits-banking-entity-with-amp039financial-sanctionamp039 Regulator finds gaps in bank's anti-money laundering policies and processes Legal, Tax, Regulation & Compliance Emirati Entrepreneur Fatima Ahmed Rashid Qasimi Pioneers Global Shariah-Compliant Wealth Solutions News Team Wednesday, April 16, 2025 1:00 am https://middleeast.managersofwealth.com/article/49530/emirati-entrepreneur-fatima-ahmed-rashid-qasimi-pioneers-global-shariah-compliant-wealth-solutions Secura International provides access to top-tier global asset managers Legal, Tax, Regulation & Compliance Double Taxation agreed with Bahrain News Aggregation Team Friday, April 11, 2025 1:00 am https://middleeast.managersofwealth.com/article/49496/double-taxation-agreed-with-bahrain Prior to the vote, Policy and Resources said the agreement would meet “BEPS minimum standards”. Legal, Tax, Regulation & Compliance BankDhofar named Oman’s fastest growing bank by branch network News Team Tuesday, April 29, 2025 1:00 am https://middleeast.managersofwealth.com/article/49577/bankdhofar-named-omanamprsquos-fastest-growing-bank-by-branch-network This prestigious award highlights the bank’s commitment to enhancing accessibility and delivering a comprehensive suite of banking services tailored to meet the evolving needs of its diverse customer base Retail Banking NBK continues to strengthen its operational resilience and invest in advanced technologies News Team Tuesday, April 29, 2025 1:00 am https://middleeast.managersofwealth.com/article/49579/nbk-continues-to-strengthen-its-operational-resilience-and-invest-in-advanced-technologies Speaking at the 1Q2025 Earning Conference Call Retail Banking Arab Bank Group profits grow by 7% to $271 million for first quarter of 2025 News Aggregation Team Tuesday, April 29, 2025 1:00 am https://middleeast.managersofwealth.com/article/49581/arab-bank-group-profits-grow-by-7-to-271-million-for-first-quarter-of-2025 The Group maintained its strong capital base with a total equity of USD 12.1 billion. Retail Banking Jordan: Arab Bank Group says profits grow by 7% to $271mln for Q1 2025 News Aggregation Team Tuesday, April 29, 2025 1:00 am https://middleeast.managersofwealth.com/article/49582/jordan-arab-bank-group-says-profits-grow-by-7-to-271mln-for-q1-2025 The group’s liquidity and asset quality remain “solid” where loan-to-deposit ratio stood at 74 per cent and credit provisions held against non-performing loans continue to exceed 100 per cent Retail Banking Oman Arab Bank powers a cashless experience at Muscat International Book Fair 2025 News Team Monday, April 28, 2025 1:00 am https://middleeast.managersofwealth.com/article/49573/oman-arab-bank-powers-a-cashless-experience-at-muscat-international-book-fair-2025 One of the most anticipated cultural events in the Sultanate, the book fair attracts thousands of visitors annually, celebrating literature, learning, and creativity Retail Banking Saudi EXIM Bank’s credit facilities more than double to $8.93bn News Aggregation Team Friday, April 25, 2025 1:00 am https://middleeast.managersofwealth.com/article/49563/saudi-exim-bankamprsquos-credit-facilities-more-than-double-to-893bn This aligns with the bank’s goal to double the value of Saudi industrial exports from SR254 billion in 2022 to SR557 billion in 2030, and SR892 billion by 2035. Retail Banking Dubai Islamic Bank showcases an exceptional first quarter 2025 Performance News Team Friday, April 25, 2025 1:00 am https://middleeast.managersofwealth.com/article/49567/dubai-islamic-bank-showcases-an-exceptional-first-quarter-2025-performance Reaffirming its Position as the Global Leader in Islamic Finance Retail Banking Emirates NBD’s profit before tax rises 56% to AED 7.8 billion News Team Thursday, April 24, 2025 1:00 am https://middleeast.managersofwealth.com/article/49556/emirates-nbdamprsquos-profit-before-tax-rises-56-to-aed-78-billion On strong loan growth and improving deposit mix Retail Banking Ahlibank strategic partner of Trade and Treasury TransAhlibank strategic partner of Trade and Treasury Transformation Summitformation Summit News Aggregation Team Thursday, April 24, 2025 1:00 am https://middleeast.managersofwealth.com/article/49557/ahlibank-strategic-partner-of-trade-and-treasury-transahlibank-strategic-partner-of-trade-and-treasury-transformation-summitformation-summit These efforts aim to enhance operational efficiency and deliver an exceptional customer experience Retail Banking Commercial Bank awarded ‘Best in-class Straight Through Processing rates’ by JP Morgan News Aggregation Team Wednesday, April 23, 2025 1:00 am https://middleeast.managersofwealth.com/article/49550/commercial-bank-awarded-amplsquobest-in-class-straight-through-processing-ratesamprsquo-by-jp-morgan Commercial Bank’s financial solutions have always been centered around customer convenience. Retail Banking Aditum's DIFC Fund Range Crosses $250M; Firm Sees Increasing Demand for Domestic-Domiciled Products News Aggregation Team Tuesday, April 29, 2025 1:00 am https://middleeast.managersofwealth.com/article/49578/aditumamp039s-difc-fund-range-crosses-250m-firm-sees-increasing-demand-for-domestic-domiciled-products This milestone coincides with broader growth across Aditum’s business lines, bringing total assets under management to $7.7 billio Alternative Investments Saudi Arabia’s FDI drops to three-year low News Aggregation Team Tuesday, April 29, 2025 1:00 am https://middleeast.managersofwealth.com/article/49580/saudi-arabiaamprsquos-fdi-drops-to-three-year-low An annual government report attributes the slowdown to "lower global liquidity and tighter monetary conditions". Alternative Investments Real estate developers urge financial support, regulatory reforms, and global promotion to drive growth News Aggregation Team Monday, April 28, 2025 1:00 am https://middleeast.managersofwealth.com/article/49569/real-estate-developers-urge-financial-support-regulatory-reforms-and-global-promotion-to-drive-growth Developers further recommended removing tax obstacles for real estate investment funds Alternative Investments Emirates and flydubai set new record News Team Monday, April 28, 2025 1:00 am https://middleeast.managersofwealth.com/article/49572/emirates-and-flydubai-set-new-record Showcasing the strength of their partnership with over 5 million passengers carried on joint network in last year Alternative Investments Dubai real estate residential sales up 22.4%, commercial deals rise 18.2% in Q1 2025, reports Engel & Völkers Middle East News Team Thursday, April 24, 2025 1:00 am https://middleeast.managersofwealth.com/article/49558/dubai-real-estate-residential-sales-up-224-commercial-deals-rise-182-in-q1-2025-reports-engel-ampamp-vampoumllkers-middle-east Robust investor confidence, population growth, and infrastructure investment continue to fuel cross-sector expansion Alternative Investments Kuwait: KFH announces $549.4mln net profit in Q1 2025 News Aggregation Team Wednesday, April 23, 2025 1:00 am https://middleeast.managersofwealth.com/article/49552/kuwait-kfh-announces-5494mln-net-profit-in-q1-2025 Net financing income for the first quarter of the year reached KD 318.9 million; an increase of 21.1 pct compared to the same period last year Alternative Investments QInvest realises 43% return on investment on class A multi-family US residential real estate project News Aggregation Team Wednesday, April 23, 2025 1:00 am https://middleeast.managersofwealth.com/article/49554/qinvest-realises-43-return-on-investment-on-class-a-multi-family-us-residential-real-estate-project QInvest has now successfully exited the project, realizing an attractive return on its investment. Alternative Investments Invest Qatar and QNB partner to offer tailored services to foreign investors News Aggregation Team Tuesday, April 22, 2025 1:00 am https://middleeast.managersofwealth.com/article/49540/invest-qatar-and-qnb-partner-to-offer-tailored-services-to-foreign-investors This collaboration is designed to strengthen Qatar’s position as a leading investment destination by offering streamlined access to business setup services and customised financial solutions. Alternative Investments QSE index soars to 10,213 level, market capitalisation reaches QR600.59bn News Aggregation Team Thursday, April 17, 2025 1:00 am https://middleeast.managersofwealth.com/article/49534/qse-index-soars-to-10213-level-market-capitalisation-reaches-qr60059bn This increase was supported by positive performances across various sectors, reflecting a generally optimistic market sentiment. Alternative Investments Stc Group to spearhead multicloud tech innovation in MENA with Kyndryl News Team Thursday, April 17, 2025 1:00 am https://middleeast.managersofwealth.com/article/49535/stc-group-to-spearhead-multicloud-tech-innovation-in-mena-with-kyndryl Stc Group and Kyndryl’s multiyear partnership is set to enhance cloud and IT Alternative Investments Fund firms fear bank backlash over direct family office business News Aggregation Team Thursday, April 17, 2025 1:00 am https://middleeast.managersofwealth.com/article/49532/fund-firms-fear-bank-backlash-over-direct-family-office-business Asset managers seeing a rise in approaches from investment savvy family offices, but worry dealing direct will strain key private bank distribution partnerships in the region. Wealth & Asset Management Lighthouse Canton Launches Family Office Report News Aggregation Team Wednesday, April 16, 2025 1:00 am https://middleeast.managersofwealth.com/article/49523/lighthouse-canton-launches-family-office-report The white paper was released during a roundtable hosted in collaboration with the Dubai International Financial Center's (DIFC) Family Wealth Center. Wealth & Asset Management QNB named Qatar’s Best Private Bank for 2025 by Euromoney News Aggregation Team Wednesday, April 16, 2025 1:00 am https://middleeast.managersofwealth.com/article/49526/qnb-named-qataramprsquos-best-private-bank-for-2025-by-euromoney These prestigious accolades underscore QNB’s unwavering commitment to delivering world-class private banking solutions tailored to meet the evolving needs of its high-net-worth clients. Wealth & Asset Management BankDhofar introduces bespoke concierge service for private banking clients News Team Tuesday, April 15, 2025 1:00 am https://middleeast.managersofwealth.com/article/49515/bankdhofar-introduces-bespoke-concierge-service-for-private-banking-clients Eligible private banking clients will be assigned a dedicated concierge manager, providing round-the-clock access, seven days a week Wealth & Asset Management UBS recognized as “The Middle East’s Best for Family Office Services” in Euromoney’s 2025 Private Banking Awards News Team Thursday, April 03, 2025 1:00 am https://middleeast.managersofwealth.com/article/49459/ubs-recognized-as-ampldquothe-middle-eastamprsquos-best-for-family-office-servicesamprdquo-in-euromoneyamprsquos-2025-private-banking-awards UBS received 22 awards across various categories Wealth & Asset Management Origin Private Office in collaboration with Aldar Development unveils exclusive investment opportunities in Abu Dhabi News Team Wednesday, April 02, 2025 1:00 am https://middleeast.managersofwealth.com/article/49445/origin-private-office-in-collaboration-with-aldar-development-unveils-exclusive-investment-opportunities-in-abu-dhabi This collaboration leverages the expertise of Origin Private Office in identifying exceptional investment opportunities for their clientele, alongside Aldar Development's portfolio of world-class properties. Wealth & Asset Management Nomura expands in Singapore, Dubai as wealth turns a profit News Aggregation Team Wednesday, March 12, 2025 12:00 am https://middleeast.managersofwealth.com/article/49331/nomura-expands-in-singapore-dubai-as-wealth-turns-a-profit The Tokyo-based firm is moving to a new office in Dubai that can accommodate up to 60 staff Wealth & Asset Management HSBC MENAT CEO pledges more investments to lead in wealth, capital markets News Aggregation Team Monday, March 10, 2025 12:00 am https://middleeast.managersofwealth.com/article/49317/hsbc-menat-ceo-pledges-more-investments-to-lead-in-wealth-capital-markets In an exclusive interview with Zawya, Selim Kervanci, HSBC’s newly appointed CEO for the Middle East, North Africa and Türkiye, expressed confidence that the bank can maintain its leadership position in ECM/DCM and investment banking in the reg Wealth & Asset Management Gulf investors will no longer go for formulaic wealth management advise News Aggregation Team Monday, March 10, 2025 12:00 am https://middleeast.managersofwealth.com/article/49323/gulf-investors-will-no-longer-go-for-formulaic-wealth-management-advise High networth clients will no longer sign up to more-of-the-same on wealth handling Wealth & Asset Management Julius Baer’s Kunal Sumaya on Dubai’s rise as an investment haven for NRIs News Aggregation Team Friday, March 07, 2025 12:00 am https://middleeast.managersofwealth.com/article/49309/julius-baeramprsquos-kunal-sumaya-on-dubaiamprsquos-rise-as-an-investment-haven-for-nris The COVID-19 pandemic further reinforced this shift, prompting more individuals to explore residency and investment opportunities abroad. Wealth & Asset Management AI Becomes New Cash Cow for Dubai News Aggregation Team Monday, April 28, 2025 1:00 am https://middleeast.managersofwealth.com/article/49568/ai-becomes-new-cash-cow-for-dubai The DIFC, a free financial zone at the heart of the Gulf metropolis where 44,000 people work FinTech Visa supports cross-border transfers in Bahrain News Aggregation Team Thursday, April 17, 2025 1:00 am https://middleeast.managersofwealth.com/article/49536/visa-supports-cross-border-transfers-in-bahrain Initially, this service is accessible to clients of Bahrain Islamic Bank (BisB) and Khaleeji Bank. FinTech AI in Middle East banking could add 13.6% to GDP by 2030, reveals report News Aggregation Team Monday, April 14, 2025 1:00 am https://middleeast.managersofwealth.com/article/49510/ai-in-middle-east-banking-could-add-136-to-gdp-by-2030-reveals-report The report underscores the United Arab Emirates (UAE) and Saudi Arabia as frontrunners in embracing AI in banking. FinTech Standard Chartered and OKX launch world-leading collateral mirroring programme News Team Monday, April 14, 2025 1:00 am https://middleeast.managersofwealth.com/article/49511/standard-chartered-and-okx-launch-world-leading-collateral-mirroring-programme The programme will see leading institutions, such as Brevan Howard Digital, onboard onto this pioneering programme. FinTech Taurus Unveils First Interbank Digital Asset Network News Aggregation Team Thursday, April 10, 2025 1:00 am https://middleeast.managersofwealth.com/article/49488/taurus-unveils-first-interbank-digital-asset-network Taurus-NETWORK creates an ecosystem covering public and permissioned DLTs, as well as all types of assets whether cryptocurrencies, tokenised securities, and digital currencies. FinTech Turkey's Sipay raises $78 million News Aggregation Team Wednesday, April 09, 2025 1:00 am https://middleeast.managersofwealth.com/article/49480/turkeyamp039s-sipay-raises-78-million Sipay's white labelled embedded finance apps provide support for digital wallets, investments and loyalty schemes, among others. FinTech Capgemini to establish AI Center of Excellence in Egypt to accelerate AI-driven innovation for global clients News Team Wednesday, April 09, 2025 1:00 am https://middleeast.managersofwealth.com/article/49483/capgemini-to-establish-ai-center-of-excellence-in-egypt-to-accelerate-ai-driven-innovation-for-global-clients This initiative bolsters Capgemini’s strong ties with Egypt as a strategic innovation hub for global organizations. FinTech Global Finance Names The Innovators 2025 – The Most Innovative Banks and the Most Innovative Financial Technology Companies News Team Tuesday, April 08, 2025 1:00 am https://middleeast.managersofwealth.com/article/49473/global-finance-names-the-innovators-2025-ampndash-the-most-innovative-banks-and-the-most-innovative-financial-technology-companies This is Global Finance’s twelftth annual awards program recognizing entities that regularly identify new paths and design new tools in finance. FinTech The Central Bank of the UAE awards tap payments a full payment services license News Team Tuesday, April 08, 2025 1:00 am https://middleeast.managersofwealth.com/article/49476/the-central-bank-of-the-uae-awards-tap-payments-a-full-payment-services-license This marks the completion of regulatory approvals across the entire GCC FinTech Kaspersky uncovers advanced Triada trojan preinstalled on counterfeit smartphones News Team Friday, April 04, 2025 1:00 am https://middleeast.managersofwealth.com/article/49463/kaspersky-uncovers-advanced-triada-trojan-preinstalled-on-counterfeit-smartphones Embedded in the system firmware, the malware operates undetected and grants attackers’ full control over infected devices FinTech NBO Muzn Islamic Banking Sorouh initiative with three strategic MoUs News Team Thursday, April 24, 2025 1:00 am https://middleeast.managersofwealth.com/article/49560/nbo-muzn-islamic-banking-sorouh-initiative-with-three-strategic-mous The signings reflect Muzn Islamic Banking’s commitment to enable affordable home ownership through strategic partnerships and Shari’a compliant financial solutions Islamic Finance GCC Islamic banks to witness more M&A activity in 2025 News Aggregation Team Tuesday, April 22, 2025 1:00 am https://middleeast.managersofwealth.com/article/49541/gcc-islamic-banks-to-witness-more-mampampa-activity-in-2025 Newer and smaller Islamic banks are more vulnerable to M&A due to weaker franchises, Fitch Ratings says Islamic Finance Boubyan Bank records KD 26.5mln in net profits for Q1 2025 News Team Tuesday, April 22, 2025 1:00 am https://middleeast.managersofwealth.com/article/49542/boubyan-bank-records-kd-265mln-in-net-profits-for-q1-2025 Net profit growth of 6% and earnings per share of 5.31 fils Islamic Finance Bank Nizwa signs MoU with Knowledge Oman News Team Tuesday, April 22, 2025 1:00 am https://middleeast.managersofwealth.com/article/49543/bank-nizwa-signs-mou-with-knowledge-oman Promoting Islamic Finance Awareness through Knowledge Sharing Islamic Finance Madinah forum to discuss Islamic finance progress News Aggregation Team Wednesday, April 16, 2025 1:00 am https://middleeast.managersofwealth.com/article/49527/madinah-forum-to-discuss-islamic-finance-progress Symposium will explore six main topics and over 20 sub-themes, focusing on Islamic banking’s role in economic development, justice, and sustainability Islamic Finance BBK and Solidarity sign BD58 million Islamic Murabaha financing deal News Aggregation Team Thursday, April 03, 2025 1:00 am https://middleeast.managersofwealth.com/article/49458/bbk-and-solidarity-sign-bd58-million-islamic-murabaha-financing-deal Through this financing agreement, BBK reaffirms its active role in advancing Bahrain’s economic development and fostering financial resilience across the kingdom . Islamic Finance Qatar International Islamic Bank recommits to Misys News Aggregation Team Tuesday, April 01, 2025 1:00 am https://middleeast.managersofwealth.com/article/49442/qatar-international-islamic-bank-recommits-to-misys Qatar International Islamic Bank, a long-standing customer of Misys, is implementing the new version of the vendor’s core system for Islamic banks, FusionBanking Essence Islamic, front-to-back office. Islamic Finance Emirates Islamic successfully issues $750mln 5 year Senior Unsecured Sukuk News Team Monday, March 24, 2025 12:00 am https://middleeast.managersofwealth.com/article/49396/emirates-islamic-successfully-issues-750mln-5-year-senior-unsecured-sukuk The Sukuk attracted a very strong order book in excess of USD 1.6 billion, resulting in a 2.1 times oversubscription rate Islamic Finance Gulf banks seal refinancing trades News Aggregation Team Wednesday, March 19, 2025 12:00 am https://middleeast.managersofwealth.com/article/49369/gulf-banks-seal-refinancing-trades Emirates Islamic Bank is well-liked by investors, including international investors. Islamic Finance Gulf Islamic Investments to double investment in the US News Aggregation Team Wednesday, March 19, 2025 12:00 am https://middleeast.managersofwealth.com/article/49370/gulf-islamic-investments-to-double-investment-in-the-us Company is exploring private equity and private debt opportunities in range of sectors Islamic Finance Saudi Arabia to power data platforms with AI to drive Vision 2030 goals News Aggregation Team Monday, April 28, 2025 1:00 am https://middleeast.managersofwealth.com/article/49571/saudi-arabia-to-power-data-platforms-with-ai-to-drive-vision-2030-goals In his opening remarks at the first Saudi Statistics Forum held from April 27–28 in Riyadh Research, Comment and Analysis GCC family Offices emerge as new venture capital powerhouses amid global tech push News Team Friday, April 25, 2025 1:00 am https://middleeast.managersofwealth.com/article/49562/gcc-family-offices-emerge-as-new-venture-capital-powerhouses-amid-global-tech-push 78 percent of family offices globally plan to invest in digital assets in the next two to three years, redefining the future of private capital Research, Comment and Analysis Knight Frank: Luxury home sales surge as world’s wealthy flock to the Middle East News Team Wednesday, April 23, 2025 1:00 am https://middleeast.managersofwealth.com/article/49548/knight-frank-luxury-home-sales-surge-as-worldamprsquos-wealthy-flock-to-the-middle-east 7,200 millionaires moved to the UAE in 2024, boosting total resident HNWIs to 134,000 Research, Comment and Analysis Saudi Arabia ranks 15th globally for AI research papers, Global AI Competitiveness Index News Team Wednesday, April 23, 2025 1:00 am https://middleeast.managersofwealth.com/article/49549/saudi-arabia-ranks-15th-globally-for-ai-research-papers-global-ai-competitiveness-index Surpassing Netherlands, Singapore, Russia, Switzerland, and Sweden Research, Comment and Analysis Why Qatar is an Ideal Location for Wealth Management Opportunities News Aggregation Team Wednesday, April 16, 2025 1:00 am https://middleeast.managersofwealth.com/article/49529/why-qatar-is-an-ideal-location-for-wealth-management-opportunities Qatar is a prime destination for wealth management and investment. Research, Comment and Analysis World Bank gives $500m to create new jobs in Turkey News Aggregation Team Monday, April 07, 2025 1:00 am https://middleeast.managersofwealth.com/article/49466/world-bank-gives-500m-to-create-new-jobs-in-turkey The new funding is part of a World Bank package to support Turkey’s earthquake-affected region, strengthen the labour market and revitalise economic recovery. Research, Comment and Analysis Making Record Profits: Emirates NBD Group CEO Shayne Nelson Q&A News Aggregation Team Monday, April 07, 2025 1:00 am https://middleeast.managersofwealth.com/article/49472/making-record-profits-emirates-nbd-group-ceo-shayne-nelson-qampampa The regional network is enabling us to capture more corporate business across the region. Research, Comment and Analysis How women in the Gulf are moving beyond inheritance to become wealth creators News Team Friday, April 04, 2025 1:00 am https://middleeast.managersofwealth.com/article/49460/how-women-in-the-gulf-are-moving-beyond-inheritance-to-become-wealth-creators This trend also applies in the Gulf countries, which are witnessing a sharp rise in affluent women actively shaping the region’s economic future. Research, Comment and Analysis Why expats and wealth managers are drawn to the Middle East News Team Thursday, April 03, 2025 1:00 am https://middleeast.managersofwealth.com/article/49451/why-expats-and-wealth-managers-are-drawn-to-the-middle-east This is due to their government’s actively trying to attract more wealthy individuals and businesses as they transition away from having a predominantly oil-based economy. Research, Comment and Analysis GCC banks ride wave of economic diversification, poised for robust year News Aggregation Team Wednesday, April 02, 2025 1:00 am https://middleeast.managersofwealth.com/article/49450/gcc-banks-ride-wave-of-economic-diversification-poised-for-robust-year EY’s GCC Banking Sector Outlook predicts sustained growth, driven by resilient economies, transformation plans, and robust demand in 2025 Research, Comment and Analysis 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 UAE banks investments reach $202bln by end of January News Aggregation Team Thursday, April 10, 2025 1:00 am https://middleeast.managersofwealth.com/article/49491/uae-banks-investments-reach-202bln-by-end-of-january Banks' investments in equities grew by 19.4 percent year-on-year Investment Bank EFG Foundation, Bank NXT Foundation, and Kaf Insurance sign an agreement with the Magdi Yacoub Heart Foundation News Team Friday, April 04, 2025 1:00 am https://middleeast.managersofwealth.com/article/49464/efg-foundation-bank-nxt-foundation-and-kaf-insurance-sign-an-agreement-with-the-magdi-yacoub-heart-foundation To support training and qualification of nurses at the Aswan Heart Centre Investment Bank NBB expands mortgage financing for Bahraini expats in Saudi Arabia, UAE News Aggregation Team Thursday, March 13, 2025 12:00 am https://middleeast.managersofwealth.com/article/49341/nbb-expands-mortgage-financing-for-bahraini-expats-in-saudi-arabia-uae As part of NBB's dedication to providing comprehensive and accessible housing solutions, the bank is leveraging its strong presence in Saudi Arabia and the UAE to assist clients in securing their ideal property in their homeland Investment Bank EFG Hermes completes advisory on $333mln IPO of Asyad Shipping Company on the Muscat Stock Exchange News Team Wednesday, March 12, 2025 12:00 am https://middleeast.managersofwealth.com/article/49334/efg-hermes-completes-advisory-on-333mln-ipo-of-asyad-shipping-company-on-the-muscat-stock-exchange Asyad Shipping offered a total of 20% of its total issued share capital Investment Bank QNB Capital named Best Investment Bank in Qatar 2025 by Global Finance News Aggregation Team Friday, March 07, 2025 12:00 am https://middleeast.managersofwealth.com/article/49314/qnb-capital-named-best-investment-bank-in-qatar-2025-by-global-finance This award is a testament to our unwavering dedication to delivering innovative financial solutions Investment Bank UAE's FAB prepares overhaul, picks Citi veteran as new investment banking head, sources say News Aggregation Team Thursday, March 06, 2025 12:00 am https://middleeast.managersofwealth.com/article/49306/uaeamp039s-fab-prepares-overhaul-picks-citi-veteran-as-new-investment-banking-head-sources-say As part of the reorganisation, FAB is set to hire Citi dealmaking veteran Linos Lekkas as its new head of investment banking, the sources said Investment Bank Bank of Bahrain and Kuwait partners with JP Morgan Chase News Aggregation Team Thursday, February 27, 2025 12:00 am https://middleeast.managersofwealth.com/article/49269/bank-of-bahrain-and-kuwait-partners-with-jp-morgan-chase In addition, the system automates complex processes to facilitate faster and more secure cross-border transactions. Investment Bank Gulf Bank completes sustainability governance infrastructure News Team Wednesday, January 22, 2025 12:00 am https://middleeast.managersofwealth.com/article/49086/gulf-bank-completes-sustainability-governance-infrastructure Reinforcing its environmental and social commitments Planet SOS Ahlibank reaffirms its Commitment to sustainability through the installation of solar energy systems at its headquarters News Team Tuesday, December 31, 2024 12:00 am https://middleeast.managersofwealth.com/article/48977/ahlibank-reaffirms-its-commitment-to-sustainability-through-the-installation-of-solar-energy-systems-at-its-headquarters This initiative is a milestone in the bank’s efforts to further its Environmental, Social, and Governance (ESG) objectives Planet SOS MENA’s transformative role in climate adaptation News Aggregation Team Friday, December 27, 2024 12:00 am https://middleeast.managersofwealth.com/article/48961/menaamprsquos-transformative-role-in-climate-adaptation This would translate to summer heat in parts of Algeria, Saudi Arabia and Iraq intensifying by up to 8 C by 2100, highlighting the dire implications of inaction for one of the world’s hottest regions. Planet SOS Arab co-operation in energy sector discussed News Aggregation Team Thursday, December 19, 2024 12:00 am https://middleeast.managersofwealth.com/article/48923/arab-co-operation-in-energy-sector-discussed The discussion highlighted the strong ties between Kuwait and the Arab countries represented in OAPEC Planet SOS United Arab Bank & Canon to deliver impactful carbon compensation for business printing in UAE News Team Friday, December 13, 2024 12:00 am https://middleeast.managersofwealth.com/article/48892/united-arab-bank-ampamp-canon-to-deliver-impactful-carbon-compensation-for-business-printing-in-uae Collaboration introduces Canon's first climate project contribution program in the UAE Planet SOS Sustainability Forum Middle East welcomes Boston Consulting Group as a Forum Partner for its third edition News Team Thursday, December 12, 2024 12:00 am https://middleeast.managersofwealth.com/article/48891/sustainability-forum-middle-east-welcomes-boston-consulting-group-as-a-forum-partner-for-its-third-edition The Forum, which is set to attract over 400 regional business leaders, policymakers, and sustainability experts Planet SOS Ministry of Climate Change and Environment prepares to launch framework for Extended Producer Responsibility (EPR) in the UAE News Team Monday, December 09, 2024 12:00 am https://middleeast.managersofwealth.com/article/48861/ministry-of-climate-change-and-environment-prepares-to-launch-framework-for-extended-producer-responsibility-epr-in-the-uae With the aim of advancing integrated waste management and boosting the circular economy Planet SOS Saudi Arabia launches national sustainability committee News Aggregation Team Monday, December 09, 2024 12:00 am https://middleeast.managersofwealth.com/article/48865/saudi-arabia-launches-national-sustainability-committee The Kingdom shares the environmental challenges witnessed in many other countries Planet SOS Bloomberg Intelligence Report highlights MENA’s growing sustainable finance market News Team Friday, December 06, 2024 12:00 am https://middleeast.managersofwealth.com/article/48856/bloomberg-intelligence-report-highlights-menaamprsquos-growing-sustainable-finance-market COP 28 accelerated sustainable finance issuances in MENA Planet SOS Salik named Official Mobility Partner of the 2024 Future Sustainability Forum News Team Thursday, December 05, 2024 12:00 am https://middleeast.managersofwealth.com/article/48844/salik-named-official-mobility-partner-of-the-2024-future-sustainability-forum Cementing Salik’s commitment in green mobility solutions Planet SOS