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

Russian bank VEB opens office in Abu Dhabi

The VEB representative office in Abu Dhabi will promote cooperation between the UAE and Russia in exports and investment

Dubai's Mashreq applies for Saudi banking licence

Mashreq already has a presence outside the United Arab Emirates in Egypt and Qatar

Commercial Bank, QFC sign MoU for strategic partnership

Bank for their corporate banking needs, and allow Commercial Bank to offer retail banking services to the firms’ new and existing employees.

Omani lenders seek to join merger wave in Mideast banking

The move comes amid consolidation among banks in the six-nation Gulf Co-operation Council to better compete in a crowded market.

Al Ahli Bank of Kuwait seeks acquisitions as Gulf lenders merge

Al Ahli Bank now operates 39 branches in Egypt, as well as 31 domestic branches and two in the UAE

Emirates NBD wins global recognition at RBI 2018 Global Awards

The bank was recognized as the Middle East Retail Bank of the Year for its exceptional performance in 2017

Omani lenders seek to join merger wave in Middle East

The move comes amid consolidation among banks in the Gulf Cooperation Council to better compete in a crowded market.

al khaliji launches first humanoid robot bank ambassadors

With this launch, the bank aims to sensitise the community on the rapid advances in smart banking capabilities around us.

Al Ahli Bank of Kuwait eyes greater share of GCC debt market deals

Kuwaiti lender is building capacity at DIFC hub as it looks to roll out structured finance and advisory services for its clients

Oman Arab Bank, Alizz Islamic explore merger

Alizz, which has a market capitalization of $200 million, said its board has agreed to proceed and explore this opportunity with Oman Arab Bank, it said in a statement.

Qatari Bank Closes Gap on Abu Dhabi Rival in Mideast Shuffle

FAB traded at a premium to QNB since a merger in April 2017

Doha Bank enhances online security features

Available 24/7 from anywhere in the world, the new and improved DBank Online portal’s intuitive interface makes Internet banking easy and user-friendly, while offering customers complete control over their banking activities from their desktop or mo

Pakistan hires UAE banks to raise $200m loan

Pakistan needs to raise funds to offset a drop in international reserves

Emirates NBD to buy majority stake in Turkey bank

In addition, Emirates NBD will pay interest on the consideration for the period between October 31, 2017 and the transaction closing date.

Al Ahli Bank of Kuwait opens new branch in the DIFC

Tom Lind appointed Senior Executive Officer to lead ABK’s operations in DIFC

Alinma named fastest growing bank for sixth time in 10 years

Alinma remains fully committed to providing our partners (customers) with only the most innovative, transparent, fully Shariah-compliant products and services with an almost single-minded focus on exemplary service standards,” said Al-Fares.

Burgan Bank recognized as one of the Best ‘Regional Problem Solvers’

Award for enhancing business operations with unique solutions

Qatar bank assets rise 8.8% to $383.2bn in March: QNB

The real estate price index continued its recovery, rising 1% month-on-month (m-o-m) in March.

Commercial Bank of Qatar starts marketing first public bond since Gulf rift

The issue is of benchmark size - which normally means upwards of $500 million - and is expected to price later on Thursday, the document showed.

BankDhofar topped with Best Mobile App from Excellence Awards Academy

BankDhofar offers a wide range of instant mobile banking services

Retail Banking