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

AUB honours employees for offering innovative proposals

During an award ceremony for the first edition of the initiative

QIB named Islamic Bank of the Year and Best Islamic Retail Bank in Qatar

The bank’s strategy is closely tied with the Qatar National Vision 2030 and the government’s commitment to investments in the country’s infrastructure, the diversification of the economy, and the development of a strong private sector.

Al Khaliji posts half yearly net profit of QR352mn

The bank continues to focus on maintaining an efficient cost base, and for H1, 2019

Bank ABC and Emirates NBD capital launch

The Facility has a tenor of 3 years, and the proceeds of the Facility shall be utilized for NBO’s general corporate purposes.

QNB wins three prestigious ABF awards in Singapore

Recognised as a leading publication for banking and finance executives in Asia, Asian Banking and Finance magazine evaluates the most outstanding practices and innovative strategies in Asia.

Finance: After its acquisition, Attijariwafa Bank is struggling in Egypt

These decisions reflect a clear ambition. Attijari, whose net banking income reached Dh22.4bn ($2.3bn) in 2018 (+3.4%), wants to prevent its largest acquisition from turning into a disappointment.

Oman’s economic reforms forecast to propel growth to 3.9% by 2021

Oil and non-oil sectors to remain buoyant

NBF reports 15% rise in second-quarter net profit as impairment charges decline

Bank also reported a record first-half profit of Dh357.1m

Emirates NBD plans further expansion in KSA

Bank granted SAMA approval to open 20 new branches in the Kingdom

Mashreq posts Dh1.2 billion H1 net profit

Low impairment and higher non-interest income supported profit growth

Boubyan Bank to climb 20 percent in revenue

The bank's profit is also likely to hit record KWD 67 million by 2020, KWD 75 million by 2021, and KWD 92 million by 2022.

Oman- Euromoney honours Bank Muscat for outstanding contribution

As the flagship financial institution in Oman, Bank Muscat aims to deliver reliable, dynamic and innovative banking services.

Retail Bank Loyalty Program Market Business Status and Outlook 2019 to 2025

The Retail Bank Loyalty Program market will register a 5.8% CAGR in terms of revenue, the global market size will reach US$ 1240 million by 2025, from US$ 880 million in 2019.

Ajman Bank Launches New Branch in Dalma Mall and Introduces Another Digital Initiative

The opening of the Dalma Mall branch is in line with our growth strategy and will allow us to serve more customers while offering them greater convenience.

QIIB posts half yearly net profit of QR510.6mn

The Qatari economy is achieving remarkable results thanks to the support, care and vision of His Highness the Amir Sheikh Tamim bin Hamad al-Thani.” Sheikh Dr Khalid said

Gulf Bank awarded prestigious ‘Operational Excellence Award’ by Deutsche Bank

This achievement demonstrates how Gulf Bank is greatly reducing the administrative impact of payment processing

FAB posts record H1 net profit of $1.7bn

Customer deposits reached Dh462 billion, up 7 per cent year-on-year.

Emirates NBD second quarter net profit surges 80% on income from unit IPO

Dubai's largest bank made Dh2.1bn from the initial public offering of Network International in London

Dubai Islamic Bank Q2 profit jumps 14%

The Islamic lender announced a 12.78% year-on-year rise in its first half net income

Commercial Bank Group’s half yearly net profit rises 9.2% to QR934mn

The increase was mainly in the government and services sectors.

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