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

Bank of Palestine Group announces new structure

Bank of Palestine announced a new structure for the Bank's group of companies designed to enhance the bank's overall growth strategy.

First Abu Dhabi Bank Named 'UAE Asset Manager of the Year'

Over 200 delegates attended the conference, representing asset managers, hedge funds, banks and brokers from across the MENA region.

QNB: Weathering the storm

In the most difficult circumstances, QNB's international strategy has paid dividends

Bank Muscat staff honoured at 35th anniversary celebrations

Bank Muscat reckons its competent people as key strength and is focused on equipping them to make vital contributions to the bank's growth and success.

Dubai Financial Market welcomes listing of Bahrain’s Khaleeji Commercial Bank

Trading commenced on the bank’s shares under the trading symbol "KHCB"

Kuwait's Largest Lender Plans Saudi Arabia, Egypt Expansion

NBK posted a 9 percent increase in nine-month profit in October as interest income and income from Islamic banking rose.

Gulf Bank Wins ‘Credit Risk Technology Implementation of the Year’ from Asian Banker

The Asian Banker is one of Asia’s leading consulting companies in financial services research, benchmarking and intelligence.

Ithmaar Bank's retail banking subsidiary Faysal Bank Limited reports net profit of $36.3 million

The announcement, by Ithmaar Group Chief Executive Officer and FBL Vice Chairman, Ahmed Abdul Rahim, follows the review and approval by the FBL Board of Directors of the financial results for the nine months ending September 30, 2017.

UAE banks refuse to accept coins for deposit or exchange

The Central Bank warned that it would, henceforth, closely monitor the banks that violate this instruction and will take appropriate measures in this regard.

Faysal Bank logs $36.3m net profit

FBL’s financial performance has earned the Bank “AA” and “A1+” ratings

Ithmaar Bank Awarded 'Best Islamic Retail Bank in Bahrain'

The award was received on behalf of the Ithmaar Bank Chief Executive Officer, Ahmed Abdul Rahim, by the Ithmaar Bank Head of Commercial and Financial Institutions, Abdulla Talib.

Bank Aljazira Wins 'Best Islamic Retail Bank' for Second Time

Mr. Khalid Al-Othman, Bank Aljazira’s Senior Vice President and Head of Retail Banking Group, stressed that “Winning this award for the second time cemented Bank AlJazira’s leadership in Islamic Retail Banking

Emirates NBD sees growth momentum gaining in retail and wealth management

Outlook is bullish with tailwinds from rising interest rates and improving economy

Gulf banks to benefit from financial buffers

It forecasts that real GDP growth in the region will pick up slightly to around 2 percent in 2018 from no growth in 2017

Union National Bank Is A Pillar Of The United Arab Emirates Economy

UAE’s Banking Sector Has Gone From Strength To Strength

CBE to receive EALB development plan by early 2018: EALB chairperson

We have managed to attract new deposits worth over EGP 1.2bn while negotiating new loans worth over EGP 2bn in food, real estate development, petroleum, grain storage sectors, says Kamal

Credit card details of many customers in UAE stolen

250 credit card customers in Dubai affected

Commercial Bank’s excellence in cash management recognised with 2nd national award in a row

The award for ‘Best Cash Management Bank in Qatar’ in 2017 adds to a number of recent accolades that underline Commercial Bank’s strategic objectives of creativity, innovation, and providing the best client experience.

NBB Wins 15th Consecutive Service Quality Award

NBB Receives A special Award From JPMorgan Chase Bank

Sustainable finance is realising inherent connection between economic growth, social, environmental, governance concerns: AAIB CEO

Banks should shift traditional operations towards microfinance, entrepreneurship, SMEs, says Hassan Abdalla, CEO of Arab African International Bank (AAIB)