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

Business activity in Dubai slows down in October, index says

The bank did not give corresponding figures for the sub indexes for September.

Ithmaar 9-month profit rises to $16.7m

Ithmaar Bank’s continued focus on growing its core retail banking business is clearly delivering results.

Kuwait to offer USD9.91bn bonds

Nationa Bank of Kuwait proclaimed that growing profits from its business in Egypt will help offset any impact from the drop in Egyptian pound

ABK posts KD 65.6 mln operating profit for Q3 – Total assets reach KD 4.4 bln, up 15.8%; EPS 12 fils

The reduction in net profit is due to our aggressive provisioning and disciplined financial approach.

China's CCB lists on Nasdaq Dubai sighting Mideast expansion

With a market capitalization of 173.3 billion dollars at the end of 2015, CCB is the fifth highest among listed banks in the world.

QNB and MetLife reveal Bancassurance products

The products are also versatile and can be tailored to suit each customer’s individual requirements.

China Construction Bank lists $600 million bond on Nasdaq Dubai

China Construction Bank look forward to strengthening ties with Dubai and the UAE, which offer a business friendly and welcoming environment

Gulf Bank reports 11% increase in net profit

Gulf Bank has announced today a net profit of KD 32.8 million for the first nine months of 2016

Tijari records net profit of KD 27.5 mln for 9M – Total assets reach KD 4,047 million

The Bank continues to maintain solid level of operating profit before provision amounting to KD 74.5 million compared to KD 74.0 million for the same period during last year.

Kuwait's Gulf Bank Q3 Net Profit Rose By 10 Pct

Net interest income rose to 29.1 million dinars in the third quarter of 2016

Burgan Bank Group Announces 9 months 2016 Results

Earnings per share for the 9 months of the financial year 2016 stood at 18.6 Fils.

OAB CEO Inspires Employees In Lead Programme

The first part of the programme focused on building self-awareness and challenged participants to develop different leadership styles, roles, self-management and practical coaching techniques.