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

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

The best of the best: RBI 2018 Global Awards winners revealed

It was a good night for Emirates NBD with three awards and for Royal Bank of Canada with two wins.

Bank ABC net profit surges 6pc

Our strategic priorities on our Wholesale Banking transformation, our digital bank rollout and our organisational health continue to progress and underpin the improving trend on our financial performance.

Bank introduces exclusive ‘Salary Transfer Campaign’

Additional benefits include access to Doha Bank’s e-Remittance service, which enables convenient 24/7 international transfers at the best available exchange rates.

Commercial International Bank Egypt Q1 consol Profit Rises

Q1 consol net interest income EGP 3.26 billion vs EGP 2.78 billion year ago

Saudi banks plan U.S. dollar bonds despite ample liquidity

The kingdom’s increasing reliance on international bond issues has also freed up liquidity for local banks.

Burgan Bank Group Announces First Quarter 2018 Earnings

Earnings per share grew year-on-year by 20% reaching 6.6 fils.

Al-Ahli Bank of Kuwait named ‘Best Retail Bank in Kuwait’

Honor by Asian Banker for 3rd consecutive year

IBQ wins prestigious award

The award recognised IBQ’s excellence in providing best-in-class services and expertise in Qatar’s corporate sector.

Retail Banking