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

KFHOnline total transactions exceed 10 million in one year

Mandani: Digitization vital pillar of KFH strategy

ANB and ANB Invest win two prestigious awards

World Finance is an international bi-monthly print and online magazine providing comprehensive coverage and analysis of the financial industry, international business and the global economy.

QIIB receives top global certification on its information security standards

QIIB was awarded the ISO 27001 certification based on a set of criteria that were thoroughly examined, including the technological structure and procedures that the bank’s cybersecurity department has been adopting.

StanChart launches campaign to promote electronic cards usage

For existing card users, "they must continue using them but they need to do a minimum of 20 transactions within the three months period of the promo to qualify for the grand prize.

Gulf banks’ assets jump 3.1% to $2.3trln in third quarter

Each of the six GCC countries showed an increase in net loans and customer deposits: Kamco Research report

Despite Its High P/E Ratio, Is Abu Dhabi Commercial Bank PJSC Still Undervalued?

That corresponds to an earnings yield of approximately 10.7%.

Qatar economic growth to continue in 2020, says Commercial Bank CEO

This year, it was 2.6% and is expected to reach 3.2% – we are on a very improving trend.

Biggest Saudi bank pulls plug on $271b merger plan with rival

Saudi Arabia - where almost 30 local and international lenders serve more than 30 million people - is exploring potential mergers to boost its financial services sector after the combination of Saudi British Bank and Alawwal Bank.

Emirates NBD: the value of rewards

Therefore, the program has been developed to provide rewards to cover major essential expenses such as groceries, fuel and utilities.

Saudi Arabia's largest lender abandons potential merger

The boards of National Commercial Bank and Riyad Bank agreed to abandon tie up that would have created regional behemoth

HSBC helps Omani businesses go global

These firms include the upper end of the small and medium-sized enterprise (SME) segment

First Abu Dhabi Bank further expands in Saudi Arabia with the opening of Jeddah branch

Bank commencing operations in Riyadh and Al Khobar earlier in 2019

Egypt- Sarwa Capital closes EGP 1.8bn securitisation bonds

The issue has seen strong demand from institutional investors and banks which reflects investor confidence in Sarwa Securitization issuances as the leading private issuer of bonds in the market, the first and largest issuer of securitization bonds, and th

UAE's largest bank expands further in Saudi Arabia

New branch opening in Jeddah follows initial operations in Riyadh and Al Khobar earlier in 2019

Consumer optimism in the GCC hits new high

E-commerce across the Middle East surged by as much as 1,500%

UAE to create 8,000 banking job opportunities by 2022

Jamal Al Jassmi, General Manager at EIBFS stressed the committee’s keenness to adopt several initiatives aimed at attracting citizens to work in the banking and insurance sectors

Mashreq’s NeoBiz offers integrated accounting solutions

Zoho’s software will deliver banking and accounting on a single platform

ICICI Bank unveils new center in Bahrain with retail, corporate banking facilities

The new service center will offer services for all the products offered by the Manama branch, except cash deposit and withdrawal facilities.

NBB takes the lead as the first bank in the MENA region to launch open banking solutions

NBB has spearheaded the development of Open Banking technologies following the regulatory mandates set by the CBB in November 2018 which urged all banks in the Kingdom to adopt Open Banking in line with its long term vision for customer transparency, effi

Morocco’s Bank Profits Exceeded $1.1 Bn by End of September

During this period, the banks strengthened their capital in the context of the gradual implementation of the new precautionary measures for the banking sector.

Retail Banking