Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

Financial position of banks' look sound: Central Bank of Oman chief

Al Zadjali pointed out that the Omani banking sector today has 16 commercial banks

Turkish bank operations in Russia to be excluded from Moscow sanctions

The Turkish Banking Association has told banks that their Russian operations will not face sanctions from Moscow, citing information provided by Denizbank

Arab Bank plc Financial Strength Rating affirmed by Capital Intelligence

Capital Intelligence (CI) has affirmed Arab Bank plc’s (AB) Financial Strength Rating (FSR) at ‘BBB+’. The FSR continues to be underscored by the Bank’s ample liquidity, deep customer deposit base, sound capital adequacy ratio, (CA

Expats told to close bank accounts before exit

The authorities says it should be closed before their departure to ensure that no one can access their accounts for financial transfers of a suspicious nature.

AAOIFI appoints members of its new technical boards after extensive selection process, from amongst 180 nominations from 37 countries

In carrying out all these activities, we will also continue to seek inputs and feedback from all out institutional members

CBB go-ahead for Bank of Khartoum

Special focus will be on financial institutions local and international and corporate customers and high net worth individuals will be dealt with selectively.

Israeli fintech teams up with Australia’s biggest bank

Economy Ministry’s deal with the Commonwealth Bank of Australia highlights the worldwide impact of Israeli financial technology

Qatar c.bank sells fewer T-bills than planned, yield rises

Bankers in the Gulf say a reduction in fresh oil and gas revenues flowing into bank deposits has been pushing up money rates around the region.

Bank of Khartoum wins nod for Bahrain branch

The Bahrain office will be will the first branch outside Sudan and the first Sudanese Bank that will be holding an Islamic wholesale banking branch license in the Kingdom.

Dentons named Litigation and Dispute Resolution Team of the Year

Legal Innovators recognised at The Oath Awards

Dubai International Financial Centre Launches Fully-Integrated Client Portal in Line with Dubai's 'Smart City' Initiative

Centre's upgraded Portal provides an enhanced end to end solution for companies and employee services

Qatar: Board members can be sued for liability only in 3 years

These were some of the highlights at a meeting of the Ministry of Economy and Commerce with the representatives of Qatar Lawyers Association and Qatar University wherein they discussed the provisions of new commercial companies’ law.

Dubai hedge fund 'to close' amid suspicions of Danish tax fraud

A three-month hunt was launched this summer and already around $250 million of assets has been seized in raids in the UK, the Wall Street Journal said.

Arab Monetary Fund and Bank for International Settlements Organize an International Meeting on Monetary Policy in the Arab Region

Arab Monetary Fund and Bank for International Settlements Organize a meeting of central banks on Monetary Policy in the Arab Region

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