Middle East wealth managers build Dubai-Riyadh hubs as ultra-rich clients demand digital, Shariah-compliant advice
Dubai and Riyadh are becoming the region’s key wealth-management hubs as assets and clients shift.
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UAE banks keep 17% capital adequacy and 146.6% liquidity coverage as conflict risk rises
The UAE central bank says banks remain resilient, with assets above AED 5.42 trillion.
Citi, StanChart evacuate Dubai offices, HSBC closes Qatar branches as fears grow
Citi and Standard Chartered evacuate Dubai staff while HSBC temporarily closes Qatar branches.
Petronas inks 20‑year 2 MTPA LNG deal with QatarEnergy to secure supply as Gulf tensions flare
Petronas signs 20‑year 2 MTPA LNG SPA with QatarEnergy amid Strait of Hormuz crisis.
Vietnam’s PV Gas receives first 2026 LNG cargo via Hormuz just before Iran blockade tightened
Vietnam’s PV Gas receives 63,000 tonne LNG shipment via Strait of Hormuz before Iran blockade escalation.
HSBC kicks off sale of Singapore insurance business sale, eyes over $1 billion value
HSBC launches sale of Singapore insurance unit, targeting US$1bn+ valuation amid regional consolidation wave.
Nvidia’s new Vera Rubin platform sends Asia chipmakers higher, then US export‑permit threat triggers pullback
Nvidia Rubin launch lifts Asia chips, but US export permit threats reverse gains.
Singapore’s UI Boustead REIT kicks off 2026’s largest IPO with S$973.6m industrial and business‑park portfolio
UI Boustead REIT raises S$973.6m in 2026’s biggest IPO, anchored by industrial and tech assets.
ASEAN Islamic finance assets set to top US$1tn in 2026, led by Malaysia and Indonesia
S&P sees ASEAN Islamic finance assets passing US$1 trillion, but growth remains concentrated.
ADB warns US$2.5tn trade‑finance gap to widen as Southeast Asia supply chains realign
ADB says Southeast Asia’s supply‑chain shift is outpacing banks’ ability to fund trade.
