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

FGB-NBAD Deal To Trigger A Wave Of Consolidations In U.A.E. Banking Market

First Abu Dhabi Bank is the chosen name for the new entity born out of the merger.

Qatari riyal under pressure as Saudi, UAE banks delay Qatar deals

Qatar has dismissed the terrorism charge and welcomed a Kuwaiti mediation effort.

KPMG Report: Bahrain Banking Sector Remains Resilient in Challenging Times

The challenging economic conditions in the region has led to widespread drop in profits in the past 12 months.

Rising output, new orders lift UAE business morale to 8-month high

May data signalled a further increase in business activity at the non-oil private sector firms.

New UAE bank merger recognised as leading institution in UAE and region

The Euromoney Awards for Excellence, now in their 26th consecutive year, were the first of their kind in the global financial publishing industry.

Gulf Bank Named ‘Best Retail Bank in Kuwait’ by the Banker Middle East

Gulf Bank has received several other awards during 2017, recognizing various elements of the Bank’s work.

Gulf Bank Staff member May Dashti Receives ‘MESA CISO 100’ award

The two-day conference included roundtable sessions and panel discussions, in addition to presentations by global leaders and policy makers.

Abu Dhabi banks slash over 900 jobs in 12 months

Between Q1 2016 and Q1 2017, banks in Abu Dhabi cut 917 jobs across the sector, according to preliminary statistics from the Statistics Center in Abu Dhabi.

Banks' liquidity conditions easing as deposits grow

The CBO statistics showed that the flow of deposits from the government and public enterprises significantly improved during the first quarter of 2017 against a declining trend in the previous year.

Saudi's Alawwal Bank picks JPMorgan to advise on merger -sources

British banks are the biggest shareholders in both lenders.

Most Omani Banks Post Better Q1 Performance

Financial statements released by the banks showed that the net profit of Bank Muscat grew to RO44.2mn in the first quarter compared to RO43.7mn in the corresponding period last year.

CBI partners with Al Jalila Foundation

We are proud to partner with Al Jalila Foundation, an important national foundation focused on driving real impact across the UAE by investing in healthcare.

Emirates NBD rolls out e-commerce marketplace

The likes of souq.com, amazon.com, and noon.com are the big giants, and they are the ones who will drive online shopping. T

Israel's Bank Leumi Q1 profit up, pays 1st dividend in 6 years

Leumi said it would pay a dividend for the quarter of 124 million shekels.

FAB Wealth Sentiment Index hits record high

The Index revealed that 60 per cent of WSI Council Members plan to invest more and are optimistic about the economy.

Top 10 banks in Saudi Arabia

The kingdom’s biggest listed banks, as ranked by total asset size

QIIB bags ‘2017 banking excellence award’ from World Union of Arab Bankers

It also endorses our success in other operations and services that we provide with a high level of efficiency and professionalism.

National Bank of Fujairah retains top position at the Banker Middle East Industry Awards 2017

National Bank of Fujairah PJSC announced that it has won the “Best Corporate Bank UAE” and “Best Commercial Bank UAE” awards at the 2017 Banker Middle East Industry Awards.

NBO honoured with ‘Best Customer Relationship Manager Project’ award

The digital software was introduced in 2015, and creates a single enabling system to manage the entire customer experience and power the bank’s end-to-end lead management across all business lines and channels, increasing sales conversions and reduc

Doha Bank wins ‘Best Bank Governance – Qatar 2017’

Doha Bank has one of the largest international networks among Qatari banks with presence in 16 countries.

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