Managers of Wealth - Middle East https://middleeast.managersofwealth.com/ Fri, 29 Aug 2025 22:32:09 BST part of MediaG8way Group https://middleeast.managersofwealth.com/ https://middleeast.managersofwealth.com/assets/images/logo.png Managers of Wealth - Middle East KohanaPHP Senior restructuring expert James Long joins FTI Consulting’s Corporate Finance & Restructuring Segment in the Middle East News Team Friday, August 29, 2025 1:00 am https://middleeast.managersofwealth.com/article/50241/senior-restructuring-expert-james-long-joins-fti-consultingamprsquos-corporate-finance-ampamp-restructuring-segment-in-the-middle-east Mr. Long will support clients across the Middle East, and wider EMEA region On the Move Simon-Kucher appoints new partner Huseyin Binzat to lead consumer practice in the United Arab Emirates News Team Friday, August 29, 2025 1:00 am https://middleeast.managersofwealth.com/article/50242/simon-kucher-appoints-new-partner-huseyin-binzat-to-lead-consumer-practice-in-the-united-arab-emirates Binzat is a seasoned advisor with over 18 years of experience in strategy consulting and executive leadership On the Move Shuaa Capital appoints new group CEO to accelerate growth plans News Team Thursday, August 28, 2025 1:00 am https://middleeast.managersofwealth.com/article/50231/shuaa-capital-appoints-new-group-ceo-to-accelerate-growth-plans Wafik Ben Mansour assumes role of senior advisor to the board On the Move LGT Hires Former Julius Baer Banker in Dubai News Aggregation Team Thursday, August 28, 2025 1:00 am https://middleeast.managersofwealth.com/article/50233/lgt-hires-former-julius-baer-banker-in-dubai In her new role, she will serve as a Senior Banker, advising ultra-high-net-worth clients in the EMEA region (Europe, Middle East and Africa) as well as in Asia. On the Move Former HSBC banker joins Oman Investment Bank as head of DCM, Structured Finance News Aggregation Team Thursday, August 28, 2025 1:00 am https://middleeast.managersofwealth.com/article/50234/former-hsbc-banker-joins-oman-investment-bank-as-head-of-dcm-structured-finance Sadler joins the bank from HSBC Saudi Arabia On the Move PwC promotes Ahmed Saleh to partner in Capital Projects Services practice News Aggregation Team Wednesday, August 27, 2025 1:00 am https://middleeast.managersofwealth.com/article/50220/pwc-promotes-ahmed-saleh-to-partner-in-capital-projects-services-practice Saleh has also contributed to procurement strategies, local content initiatives, and operating model development. On the Move Tenable names Matthew Brown as Chief Financial Officer News Team Friday, August 22, 2025 1:00 am https://middleeast.managersofwealth.com/article/50205/tenable-names-matthew-brown-as-chief-financial-officer Brown succeeds Steve Vintz, who recently was appointed as a Co-Chief Executive Officer of the Company alongside Mark On the Move Zane Hedge joins Kroll as Senior Director in the Expert Services practice News Aggregation Team Thursday, August 21, 2025 1:00 am https://middleeast.managersofwealth.com/article/50200/zane-hedge-joins-kroll-as-senior-director-in-the-expert-services-practice , Zane Hedge specializes in project management, project controls, claims and dispute resolution, as well as strategic and operational advice. On the Move Zeeba Askar appointed new Chief Executive Officer of BAB News Team Wednesday, August 20, 2025 1:00 am https://middleeast.managersofwealth.com/article/50195/zeeba-askar-appointed-new-chief-executive-officer-of-bab Mr. Yasser Alsharifi, Chairman of BAB, extended his congratulations to Mrs. Askar on her new appointment On the Move The Zubair Corporation appoints Fahad Al Bulushi as Group Chief Financial Officer News Team Monday, August 18, 2025 1:00 am https://middleeast.managersofwealth.com/article/50178/the-zubair-corporation-appoints-fahad-al-bulushi-as-group-chief-financial-officer Bringing over 25 years of experience in Finance, Investment, and Executive Leadership On the Move Egypt central bank slashes key interest rates by 200 bps News Aggregation Team Friday, August 29, 2025 1:00 am https://middleeast.managersofwealth.com/article/50236/egypt-central-bank-slashes-key-interest-rates-by-200-bps The bank set the deposit rate at 22% and the lending rate at 23%, bolstering the government's emphasis on economic growth Legal, Tax, Regulation & Compliance Will Central Bank of Egypt cut interest rates again amid economic shifts? News Aggregation Team Thursday, August 28, 2025 1:00 am https://middleeast.managersofwealth.com/article/50228/will-central-bank-of-egypt-cut-interest-rates-again-amid-economic-shifts Current economic indicators suggest that the CBE may be in a comfortable position to resume monetary easing. Legal, Tax, Regulation & Compliance Lebanon agrees bail for ex-central bank chief: judicial officials News Aggregation Team Wednesday, August 27, 2025 1:00 am https://middleeast.managersofwealth.com/article/50218/lebanon-agrees-bail-for-ex-central-bank-chief-judicial-officials He is widely viewed as a key culprit in Lebanon’s economic crash Legal, Tax, Regulation & Compliance ADGM launches ‘Real Estate Advertising Permit’ service in collaboration with Madhmoun News Team Friday, August 22, 2025 1:00 am https://middleeast.managersofwealth.com/article/50204/adgm-launches-amplsquoreal-estate-advertising-permitamprsquo-service-in-collaboration-with-madhmoun The service introduced in line with ADGM’s aim to reduce fake listings Legal, Tax, Regulation & Compliance CBE reports uptick in foreign assets and reserves in mid-2025, NFAs hit $10.49B in July News Aggregation Team Friday, August 22, 2025 1:00 am https://middleeast.managersofwealth.com/article/50207/cbe-reports-uptick-in-foreign-assets-and-reserves-in-mid-2025-nfas-hit-1049b-in-july The continued growth in reserves has been underpinned by improved tourism receipts Legal, Tax, Regulation & Compliance Turkish central bank’s reserves grow to record $176B as foreign equity inflows continue News Aggregation Team Friday, August 22, 2025 1:00 am https://middleeast.managersofwealth.com/article/50209/turkish-central-bankamprsquos-reserves-grow-to-record-176b-as-foreign-equity-inflows-continue Net reserves excluding currency swap transactions. Legal, Tax, Regulation & Compliance FTI Consulting deepens Strategy & Transformation capabilities with senior hires News Aggregation Team Thursday, August 21, 2025 1:00 am https://middleeast.managersofwealth.com/article/50199/fti-consulting-deepens-strategy-ampamp-transformation-capabilities-with-senior-hires The new senior experts will help the firm meet growing client demand for transformation expertise across both the public and private sectors. Legal, Tax, Regulation & Compliance UAE Central Bank suspends licence of insurance company Yas Takaful News Aggregation Team Wednesday, August 20, 2025 1:00 am https://middleeast.managersofwealth.com/article/50193/uae-central-bank-suspends-licence-of-insurance-company-yas-takaful Company penalised for 'failure to comply with the regulatory framework governing insurance companies' Legal, Tax, Regulation & Compliance UAE Central Bank suspends licence of YAS Takaful over regulatory breaches News Aggregation Team Tuesday, August 19, 2025 1:00 am https://middleeast.managersofwealth.com/article/50183/uae-central-bank-suspends-licence-of-yas-takaful-over-regulatory-breaches Despite the suspension, the company remains legally obligated to fulfill all commitments related to insurance contracts issued prior to this action Legal, Tax, Regulation & Compliance Gulf Bank warns of rising fraud attempts during summer and travel seasons News Team Monday, August 18, 2025 1:00 am https://middleeast.managersofwealth.com/article/50179/gulf-bank-warns-of-rising-fraud-attempts-during-summer-and-travel-seasons In a Marina FM interview, Gulf Bank reinforced its commitment to the “Diraya” campaign Legal, Tax, Regulation & Compliance Saudi bank credit grows 15.8 percent to $849.18 billion in June 2025 News Aggregation Team Thursday, August 28, 2025 1:00 am https://middleeast.managersofwealth.com/article/50229/saudi-bank-credit-grows-158-percent-to-84918-billion-in-june-2025 Long-term credit accounted for 48.8 percent of total bank credit, amounting to SAR1.55 trillion by the end of June 2025 Retail Banking Saudi Awwal Bank mandates banks for USD Tier 2 green bond offering News Aggregation Team Wednesday, August 27, 2025 1:00 am https://middleeast.managersofwealth.com/article/50224/saudi-awwal-bank-mandates-banks-for-usd-tier-2-green-bond-offering Goldman Sachs International and HSBC Bank plc are acting as joint global coordinators Retail Banking Commercial Bank concludes third edition of Young Investors Programme News Aggregation Team Wednesday, August 27, 2025 1:00 am https://middleeast.managersofwealth.com/article/50222/commercial-bank-concludes-third-edition-of-young-investors-programme The ceremony celebrated the hard work of the youth as they completed their practical learning journey. Retail Banking Arab Bank and Laliga announce exclusive MENA partnership News Aggregation Team Wednesday, August 27, 2025 1:00 am https://middleeast.managersofwealth.com/article/50223/arab-bank-and-laliga-announce-exclusive-mena-partnership This collaboration with LALIGA, is set to reinforce Arab Bank’s brand engagement with millions of Spanish league followers and football fans across the Middle East and North Africa Retail Banking National Bank of Oman reinforces premium banking offering through privilege banking News Team Wednesday, August 27, 2025 1:00 am https://middleeast.managersofwealth.com/article/50226/national-bank-of-oman-reinforces-premium-banking-offering-through-privilege-banking Eligible for customers earning a monthly salary of OMR 1,000 to OMR 2,999 Retail Banking BankDhofar named ‘Best Customer-Centric Banking Brand – Oman 2025’ News Team Tuesday, August 26, 2025 1:00 am https://middleeast.managersofwealth.com/article/50217/bankdhofar-named-amplsquobest-customer-centric-banking-brand-ampndash-oman-2025amprsquo The award reaffirms the bank’s dedication to placing customers at the heart of its operations and its ongoing efforts to redefine service standards in the Omani banking sector Retail Banking Bank NXT launches private segment for high-net-worth clients in Egypt News Aggregation Team Friday, August 22, 2025 1:00 am https://middleeast.managersofwealth.com/article/50206/bank-nxt-launches-private-segment-for-high-net-worth-clients-in-egypt The private segment offers a set of financial and non-financial services to support long-term client relationships Retail Banking Jordan Kuwait Bank Named Best Customer-Centric Bank Jordan 2025 by International Business Magazine News Team Friday, August 22, 2025 1:00 am https://middleeast.managersofwealth.com/article/50208/jordan-kuwait-bank-named-best-customer-centric-bank-jordan-2025-by-international-business-magazine International Business Magazine announces Jordan Kuwait Bank (JKB) as the winner of the award title- Best Customer-centric Bank Jordan 2025 Retail Banking BankDhofar leads the charge in Oman’s digital banking revolution News Team Thursday, August 21, 2025 1:00 am https://middleeast.managersofwealth.com/article/50197/bankdhofar-leads-the-charge-in-omanamprsquos-digital-banking-revolution This move was quickly followed by the bank becoming the first in Oman to integrate Samsung Pay, Apple Pay and push provisioning to Samsung Wallet on the horizon Retail Banking Qatar banks' total assets scale up to $583bln in June: QNBFS News Aggregation Team Thursday, August 21, 2025 1:00 am https://middleeast.managersofwealth.com/article/50198/qatar-banksamp039-total-assets-scale-up-to-583bln-in-june-qnbfs Total assets moved up 3.8% in June compared to end-2024 Retail Banking First Abu Dhabi Bank launches region’s first Blue Bond to fund marine conservation News Aggregation Team Friday, August 29, 2025 1:00 am https://middleeast.managersofwealth.com/article/50238/first-abu-dhabi-bank-launches-regionamprsquos-first-blue-bond-to-fund-marine-conservation The issuance aligns with FAB’s Sustainable Finance Framework 2023 and adheres to the International Capital Market Association (ICMA) Green Bond Principles Alternative Investments Saudi Arabia’s residential market demonstrates stability amidst evolving end-user needs: JLL News Team Friday, August 29, 2025 1:00 am https://middleeast.managersofwealth.com/article/50240/saudi-arabiaamprsquos-residential-market-demonstrates-stability-amidst-evolving-end-user-needs-jll Fueled by evolving end-user needs and a growing preference for affordable apartment living Alternative Investments Saudi Arabia, China strengthen trade and investment ties in high-level talks News Aggregation Team Thursday, August 28, 2025 1:00 am https://middleeast.managersofwealth.com/article/50227/saudi-arabia-china-strengthen-trade-and-investment-ties-in-high-level-talks Al-Falih also attended a roundtable with the Saudi ambassador to China Alternative Investments Madbouly follows up on efforts to attract investment to Egypt’s ICT sector News Aggregation Team Wednesday, August 27, 2025 1:00 am https://middleeast.managersofwealth.com/article/50219/madbouly-follows-up-on-efforts-to-attract-investment-to-egyptamprsquos-ict-sector The meeting highlighted efforts to build bridges of cooperation with international organisations Alternative Investments Azizi Developments celebrates handover of Azizi Azure in Riviera, MBR City News Team Wednesday, August 27, 2025 1:00 am https://middleeast.managersofwealth.com/article/50225/azizi-developments-celebrates-handover-of-azizi-azure-in-riviera-mbr-city Riviera is part of Azizi Developments’ award-winning portfolio Alternative Investments Private equity, venture capital investments in Israel on the rise News Aggregation Team Tuesday, August 26, 2025 1:00 am https://middleeast.managersofwealth.com/article/50214/private-equity-venture-capital-investments-in-israel-on-the-rise The report singled out the technology sector. Alternative Investments Ministry of Finance receives Best Industry Enabler Award for transforming procurement and empowering local suppliers News Team Wednesday, August 20, 2025 1:00 am https://middleeast.managersofwealth.com/article/50196/ministry-of-finance-receives-best-industry-enabler-award-for-transforming-procurement-and-empowering-local-suppliers MoF has reaffirmed its commitment to supporting the National In-Country Value (ICV) Programme Alternative Investments QNB earns global recognition for its corporate banking excellence in 2025 News Aggregation Team Monday, August 18, 2025 1:00 am https://middleeast.managersofwealth.com/article/50175/qnb-earns-global-recognition-for-its-corporate-banking-excellence-in-2025 Qatar Stock Exchange stated in a release on its website on Sunday Alternative Investments Kuwait issues new rules for mandatory insurance policies News Aggregation Team Monday, August 18, 2025 1:00 am https://middleeast.managersofwealth.com/article/50177/kuwait-issues-new-rules-for-mandatory-insurance-policies The decision comes as part of efforts to enhance transparency, protect the rights of policyholders, and strengthen the development of the local insurance market Alternative Investments UAE property market soars to $87bn as luxury sales set records News Aggregation Team Thursday, August 14, 2025 1:00 am https://middleeast.managersofwealth.com/article/50155/uae-property-market-soars-to-87bn-as-luxury-sales-set-records UAE property deals hit $87bn in H1 2025 as luxury sales soar, developer profits rise, and investors favour real estate over tech Alternative Investments Emirates Family Office Association teams up with Hong Kong Academy News Aggregation Team Friday, August 29, 2025 1:00 am https://middleeast.managersofwealth.com/article/50237/emirates-family-office-association-teams-up-with-hong-kong-academy The Emirates Family Office Association forms a relationship with the Hong Kong Academy for Wealth Legacy to develop ties between Asia and the Middle East. Wealth & Asset Management HSBC unit to halt services to ‘high risk’ Middle East wealthy clients News Aggregation Team Tuesday, August 26, 2025 1:00 am https://middleeast.managersofwealth.com/article/50211/hsbc-unit-to-halt-services-to-amplsquohigh-riskamprsquo-middle-east-wealthy-clients The move follows a finding by the Swiss banking watchdog Finma that the lender’s private bank failed to conduct adequate due diligence on high-risk accounts held Wealth & Asset Management Standard Chartered eyes affluent growth via digital wealth-lending and global network News Aggregation Team Friday, August 22, 2025 1:00 am https://middleeast.managersofwealth.com/article/50203/standard-chartered-eyes-affluent-growth-via-digital-wealth-lending-and-global-network The bank is positioning to capture the next wave of growth, according to Ayesha Abbas. Wealth & Asset Management How private banking expertise and brokerage excellence are building lasting success for 18 Bricks News Aggregation Team Monday, July 28, 2025 1:00 am https://middleeast.managersofwealth.com/article/50048/how-private-banking-expertise-and-brokerage-excellence-are-building-lasting-success-for-18-bricks Former private banker, star broker and CEO, Mohamed Rafik shares how he built up 18 Bricks Wealth & Asset Management Wealth Management firm Affinity opens Dubai office News Aggregation Team Friday, July 25, 2025 1:00 am https://middleeast.managersofwealth.com/article/50040/wealth-management-firm-affinity-opens-dubai-office Firm has established base in Jersey Wealth & Asset Management Eton Solutions Announces Strategic Partnership with Asas Capital to Launch ‘Family Office as a Service’ in the Middle East News Team Thursday, July 24, 2025 1:00 am https://middleeast.managersofwealth.com/article/50035/eton-solutions-announces-strategic-partnership-with-asas-capital-to-launch-amplsquofamily-office-as-a-serviceamprsquo-in-the-middle-east This collaboration will launch the Middle East’s first “Family Office as a Service” platform, combining Asas Capital’s regional expertise with Eton’s cutting-edge ERP technology to transform wealth management for ultra-high Wealth & Asset Management Affinity Expands Into the Middle East with New Office in the DIFC News Aggregation Team Thursday, July 24, 2025 1:00 am https://middleeast.managersofwealth.com/article/50036/affinity-expands-into-the-middle-east-with-new-office-in-the-difc The DIFC allows us to be present, available and more connected to many of the families and advisers we already work with Wealth & Asset Management Standard Chartered: UAE leads key markets in HNW allocation to sustainable investments News Team Wednesday, July 23, 2025 1:00 am https://middleeast.managersofwealth.com/article/50028/standard-chartered-uae-leads-key-markets-in-hnw-allocation-to-sustainable-investments UAE investors allocate the highest share of their portfolios to sustainable investments among eight markets surveyed globally for new report Wealth & Asset Management UBS, Rand Merchant Bank lead financial adviser M&A rankings in MEA for H1 2025 News Aggregation Team Tuesday, July 22, 2025 1:00 am https://middleeast.managersofwealth.com/article/50020/ubs-rand-merchant-bank-lead-financial-adviser-mampampa-rankings-in-mea-for-h1-2025 UBS topped by value, with $1.6bn in advised deals, while Rand Merchant Bank led by volume, with four deals to its credit. Wealth & Asset Management Asia and the Middle East both see significant growth in 2024 of HNW international life insurance new business sales News Team Thursday, July 17, 2025 1:00 am https://middleeast.managersofwealth.com/article/49992/asia-and-the-middle-east-both-see-significant-growth-in-2024-of-hnw-international-life-insurance-new-business-sales The study shows that HNW international life insurance new business sales in Asia grew by 6% to £7.8 billion in 2024, up from £7.4 billion in 2023. Wealth & Asset Management O Gold, botim launch MENA’s first fintech gold investment solutions News Aggregation Team Friday, August 29, 2025 1:00 am https://middleeast.managersofwealth.com/article/50235/o-gold-botim-launch-menaamprsquos-first-fintech-gold-investment-solutions Upon an agreement signed in 2023, this partnership makes botim the first fintech in the UAE to officially offer gold investment solutions FinTech Women in AI is a strategic advantage for UAE, says TII’s Dr Najwa Aaraj News Aggregation Team Friday, August 29, 2025 1:00 am https://middleeast.managersofwealth.com/article/50239/women-in-ai-is-a-strategic-advantage-for-uae-says-tiiamprsquos-dr-najwa-aaraj This Emirati Women’s Day is not just a celebration of what has been achieved but a reminder of what’s still at stake, says the CEO of the Technology Innovation Institute (TII) FinTech Qatar’s investment in quantum computing could redefine Gulf’s tech landscape News Aggregation Team Thursday, August 28, 2025 1:00 am https://middleeast.managersofwealth.com/article/50230/qataramprsquos-investment-in-quantum-computing-could-redefine-gulfamprsquos-tech-landscape Qatar is signaling that it does not want to be a latecomer to the quantum era. FinTech Cognite expands global footprint with new Abu Dhabi entity to accelerate industrial AI adoption in the region News Team Tuesday, August 26, 2025 1:00 am https://middleeast.managersofwealth.com/article/50213/cognite-expands-global-footprint-with-new-abu-dhabi-entity-to-accelerate-industrial-ai-adoption-in-the-region By establishing a local center for expertise, technology, and support, Cognite is solidifying its commitment to its growing customer base in the area FinTech Oman embraces cashless future as mobile payments surge News Aggregation Team Tuesday, August 26, 2025 1:00 am https://middleeast.managersofwealth.com/article/50216/oman-embraces-cashless-future-as-mobile-payments-surge Financial literacy is emerging as a critical balancing factor. FinTech Saudi Arabian bank, SAB launches first Islamic Repo on blockchain News Aggregation Team Friday, August 22, 2025 1:00 am https://middleeast.managersofwealth.com/article/50210/saudi-arabian-bank-sab-launches-first-islamic-repo-on-blockchain The total number of valid business records in KSA reached 1.72 million. FinTech Wio Bank Partners with Xero to Enhance Accounting for SMEs in the UAE News Aggregation Team Wednesday, August 20, 2025 1:00 am https://middleeast.managersofwealth.com/article/50189/wio-bank-partners-with-xero-to-enhance-accounting-for-smes-in-the-uae Real-time insights ensure an accurate view of overall financial health, making it easier for business owners to make more informed decisions. FinTech Central Bank Approves Misr Digital Innovation’s Transition to onebank, Egypt’s First Fully Digital Bank News Aggregation Team Wednesday, August 20, 2025 1:00 am https://middleeast.managersofwealth.com/article/50191/central-bank-approves-misr-digital-innovationamprsquos-transition-to-onebank-egyptamprsquos-first-fully-digital-bank The bank intends to use technology that meets the demands of a digital-first environment. FinTech Doha sees surge in startup activities, innovation News Aggregation Team Wednesday, August 20, 2025 1:00 am https://middleeast.managersofwealth.com/article/50194/doha-sees-surge-in-startup-activities-innovation International recognition underscores Qatar’s progress in fostering a vibrant startup ecosystem. FinTech Misr Digital Innovation secures approval for Egypt’s first fully digital bank News Aggregation Team Tuesday, August 19, 2025 1:00 am https://middleeast.managersofwealth.com/article/50184/misr-digital-innovation-secures-approval-for-egyptamprsquos-first-fully-digital-bank The launch of onebank's products and services is anticipated in 2026. FinTech Al Baraka Islamic Bank returns to Q2 profitability News Aggregation Team Tuesday, August 26, 2025 1:00 am https://middleeast.managersofwealth.com/article/50215/al-baraka-islamic-bank-returns-to-q2-profitability The bank posted a net profit after tax of BD0.1 million in three-month period ended June 30 2025 compared to a net loss of BD1.5 million last year Islamic Finance ADIB Capital launches ADIB Islamic Trade Opportunities Fund News Team Tuesday, August 19, 2025 1:00 am https://middleeast.managersofwealth.com/article/50187/adib-capital-launches-adib-islamic-trade-opportunities-fund Targeting low duration diversified trade opportunities in developed markets Islamic Finance GCC ties to propel ASEAN Islamic finance past $1tn, Fitch says News Aggregation Team Friday, August 15, 2025 1:00 am https://middleeast.managersofwealth.com/article/50172/gcc-ties-to-propel-asean-islamic-finance-past-1tn-fitch-says GCC investors already hold stakes in some Malaysian banks Islamic Finance Bank Nizwa reinforces human capital development with second NANMU program for employees News Team Tuesday, August 12, 2025 1:00 am https://middleeast.managersofwealth.com/article/50141/bank-nizwa-reinforces-human-capital-development-with-second-nanmu-program-for-employees Reaffirming its resolute dedication to nurturing high-caliber talent and cultivating deep-rooted capabilities within the Islamic banking sector Islamic Finance Dubai Islamic Bank surpasses $100b in assets on strong H1 growth News Aggregation Team Thursday, August 07, 2025 1:00 am https://middleeast.managersofwealth.com/article/50122/dubai-islamic-bank-surpasses-100b-in-assets-on-strong-h1-growth Net profit for the six months ended June stood at Dh3.7 billion, a 10% increase from a year earlier Islamic Finance DIB Reports robust H1’25 financial results, with operating revenue of AED6.4bln driving a 16% increase in pre-tax profit to AED4.3bln News Team Wednesday, August 06, 2025 1:00 am https://middleeast.managersofwealth.com/article/50111/dib-reports-robust-h1amprsquo25-financial-results-with-operating-revenue-of-aed64bln-driving-a-16-increase-in-pre-tax-profit-to-aed43bln Double-digit growth in financing and customer deposits Islamic Finance IsDB drives development across over 2 percent of world’s countries News Aggregation Team Monday, August 04, 2025 1:00 am https://middleeast.managersofwealth.com/article/50089/isdb-drives-development-across-over-2-percent-of-worldamprsquos-countries The bank was founded through a visionary initiative led by Saudi King Faisal bin Abdulaziz Islamic Finance Backbase, the global leader in AI-powered banking technology, today announced the recent News Aggregation Team Monday, August 04, 2025 1:00 am https://middleeast.managersofwealth.com/article/50095/backbase-the-global-leader-in-ai-powered-banking-technology-today-announced-the-recent As a digitally focused bank, LIB set out to differentiate itself through an experience-led approach to banking. Islamic Finance QIIB wins 2025 “Leadership Award for Sustainable Islamic Finance” in Qatar News Aggregation Team Wednesday, July 30, 2025 1:00 am https://middleeast.managersofwealth.com/article/50066/qiib-wins-2025-ampldquoleadership-award-for-sustainable-islamic-financeamprdquo-in-qatar The bank was also commended for its pioneering initiatives in developing products that are in line with the principles of sustainable Islamic finance. Islamic Finance Amlak Finance announces early and full settlement of outstanding financing facilities News Team Friday, July 25, 2025 1:00 am https://middleeast.managersofwealth.com/article/50044/amlak-finance-announces-early-and-full-settlement-of-outstanding-financing-facilities Amlak successfully made an early settlement by paying AED 898 million to the six remaining financiers Islamic Finance Why banks hold the key to the energy transition amid oil glut News Aggregation Team Tuesday, August 26, 2025 1:00 am https://middleeast.managersofwealth.com/article/50212/why-banks-hold-the-key-to-the-energy-transition-amid-oil-glut Regions like the Gulf remain key, both for current energy resilience and future transition leadership Research, Comment and Analysis UAE investors bullish on real estate, tech, and energy, survey reveals News Aggregation Team Wednesday, August 20, 2025 1:00 am https://middleeast.managersofwealth.com/article/50192/uae-investors-bullish-on-real-estate-tech-and-energy-survey-reveals Over the next five years, 58 per cent believe the Middle East will generate the strongest returns Research, Comment and Analysis Best Consumer Digital Bank Awards in Middle East & Africa 2025 in partnership with Infosys News Team Tuesday, August 19, 2025 1:00 am https://middleeast.managersofwealth.com/article/50181/best-consumer-digital-bank-awards-in-middle-east-ampamp-africa-2025-in-partnership-with-infosys Only banks that entered the competition were considered for awards Research, Comment and Analysis Qatar: Commercial Bank Snaps Up HSBC Veteran News Aggregation Team Friday, August 15, 2025 1:00 am https://middleeast.managersofwealth.com/article/50171/qatar-commercial-bank-snaps-up-hsbc-veteran The Gulf state, with a population of just under three million, is the world’s third-largest exporter of natural gas Research, Comment and Analysis Expanding into the Middle East: Real insights from regional leaders News Team Wednesday, August 13, 2025 1:00 am https://middleeast.managersofwealth.com/article/50149/expanding-into-the-middle-east-real-insights-from-regional-leaders The Gulf Cooperation Council is laying the foundations for a unified market, with aligned tax systems, shared infrastructure and ease of mobility across borders. Research, Comment and Analysis Sustainability Forum Middle East to launch fourth edition in the Kingdom of Bahrain News Team Wednesday, August 13, 2025 1:00 am https://middleeast.managersofwealth.com/article/50152/sustainability-forum-middle-east-to-launch-fourth-edition-in-the-kingdom-of-bahrain Gathering global business and climate leaders Research, Comment and Analysis Emirates NBD's zero-fee local equities trading reports more than $1.36bln in customer trades News Aggregation Team Tuesday, August 12, 2025 1:00 am https://middleeast.managersofwealth.com/article/50144/emirates-nbdamp039s-zero-fee-local-equities-trading-reports-more-than-136bln-in-customer-trades Launched on 26 August 2024, the offering has significantly increased access to local markets, empowering investors to trade UAE-listed equities commission-free Research, Comment and Analysis Baker Tilly International expands regional presence with launch of new UAE network firm led by new CEO News Team Tuesday, August 12, 2025 1:00 am https://middleeast.managersofwealth.com/article/50146/baker-tilly-international-expands-regional-presence-with-launch-of-new-uae-network-firm-led-by-new-ceo The globally recognised accountancy network establishes its UAE operations with a future-focused mandate across audit, tax, and consultancy under visionary leadership of the new CEO Research, Comment and Analysis Dubai joins the world’s top 10 cities where the ultra-wealthy buy second homes News Aggregation Team Monday, August 11, 2025 1:00 am https://middleeast.managersofwealth.com/article/50132/dubai-joins-the-worldamprsquos-top-10-cities-where-the-ultra-wealthy-buy-second-homes Global luxury property hotspots shift as Dubai gains ground Research, Comment and Analysis Why UAE, Saudi, Qatari banks are giving out more loans at lower interest rates News Aggregation Team Friday, August 08, 2025 1:00 am https://middleeast.managersofwealth.com/article/50127/why-uae-saudi-qatari-banks-are-giving-out-more-loans-at-lower-interest-rates Emirates NBD, FAB, Al Rajhi raise guidance as easing rates fuel loan and income growth Research, Comment and Analysis SNB Capital reaches a landmark milestone of successfully closing 100 investment banking transaction milestone News Team Thursday, August 28, 2025 1:00 am https://middleeast.managersofwealth.com/article/50232/snb-capital-reaches-a-landmark-milestone-of-successfully-closing-100-investment-banking-transaction-milestone Among these 100 transactions are some of the most significant deals in the region and internationally Investment Bank Investment Banking Surge in the GCC: From Oil to Assets News Aggregation Team Tuesday, July 29, 2025 1:00 am https://middleeast.managersofwealth.com/article/50059/investment-banking-surge-in-the-gcc-from-oil-to-assets From Saudi Arabia’s Vision 2030 blueprint to the United Arab Emirates’ digital and green ambitions Investment Bank EIB, Banque Misr to help Egypt-based SMEs post-COVID-19 News Aggregation Team Friday, July 11, 2025 1:00 am https://middleeast.managersofwealth.com/article/49968/eib-banque-misr-to-help-egypt-based-smes-post-covid-19 The EIB financing forms part of the EIB contribution to the Team Europe response to the COVID-19 crisis in the European Union partner countries. Investment Bank EFG Hermes advises on the signing of landmark $190mln investment in Alameda Healthcare by DPI News Team Monday, July 07, 2025 1:00 am https://middleeast.managersofwealth.com/article/49940/efg-hermes-advises-on-the-signing-of-landmark-190mln-investment-in-alameda-healthcare-by-dpi This transaction marks Egypt’s largest private equity healthcare investment to date, reinforcing investor confidence in backing fast-growing platforms in Egypt Investment Bank Eurasian Development Bank raises funds on the UAE Capital Market to finance its investment projects in Central Asia News Team Thursday, July 03, 2025 1:00 am https://middleeast.managersofwealth.com/article/49930/eurasian-development-bank-raises-funds-on-the-uae-capital-market-to-finance-its-investment-projects-in-central-asia This pioneering issuance of AED 200 million was arranged by FAB in partnership with ADFD Investment Bank 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 QatarEnergy ranked among most-valued global energy brands News Aggregation Team Wednesday, August 13, 2025 1:00 am https://middleeast.managersofwealth.com/article/50153/qatarenergy-ranked-among-most-valued-global-energy-brands The region’s brands contributed $71.3bn to the ranking Planet SOS Emerge, Emirates Development Bank to collaborate on developing, financing solar projects in UAE News Aggregation Team Friday, August 08, 2025 1:00 am https://middleeast.managersofwealth.com/article/50125/emerge-emirates-development-bank-to-collaborate-on-developing-financing-solar-projects-in-uae Through its tailored financing solutions and strategic support, EDB continues to drive innovation Planet SOS Boubyan Bank releases 2024 Annual Sustainability Report News Team Tuesday, August 05, 2025 1:00 am https://middleeast.managersofwealth.com/article/50101/boubyan-bank-releases-2024-annual-sustainability-report Strategic steps to reinforce Governance and Strengthen ESG Principles Planet SOS Crédit Agricole Egypt and Infinity join forces to accelerate transition to solar energy News Team Thursday, July 24, 2025 1:00 am https://middleeast.managersofwealth.com/article/50037/crampeacutedit-agricole-egypt-and-infinity-join-forces-to-accelerate-transition-to-solar-energy Through this partnership, Infinity’s customers will have access to Crédit Agricole Egypt’s solar loan Planet SOS 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