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

MEAB strives to become an Alpha Bank in Lebanon.

As the new Chairman, he steadfastly declares that, “As we look ahead, the Bank remains committed to sustainable growth.

Burgan Bank wins four awards

The bank’s success was recently announced at the Asian Banking and Finance 2015 Awards ceremony held at the Shangri-La Hotel in Singapore, where judges from global institutions identified Asian banks that rise above the rest with their groundbreakin

QCB loan-deposit cap set to weigh on bank lending

With the Qatar Central Bank stipulating banks to set the loan-to-deposit ratio to 100%, starting from 2017, the sector may witness some pressure on lending capacity and intensified competition in deposit mobilisation, according to global credit rating ag

KFH Receives Prestigious Citi Performance Excellence Award

Al-Nahedh: Technological Development is the Core of Service Quality, Serves in Achieving Clients' Ambitions

Oman central bank rejects Bank Muscat's $1.3 bln sukuk plan -source

No one from Oman's central bank was immediately available to comment on the Bank Muscat sukuk.

Four Egyptian Banks Chiefs restore Full Wages as Max Pay falls

The leaders of four banks have obtained their full wages retroactively following the cancelation of a system to apply maximum pay; high-profile governmental sources told Amwal Al Ghad Monday.

BBK supports Bahrain Association of Banks

BBK, Bahrain's pioneer in retail and commercial banking, underlined its ongoing support for the Bahrain Association of Banks (BAB) Banks by donating BD 19,000 to the Association.

Bank of Tokyo-Mitsubishi UFJ Dubai Branch obtains Islamic Finance license

Bank of Tokyo-Mitsubishi UFJ, Ltd. is pleased to announce that it obtained an Islamic Financial Business endorsement to operate an Islamic Window from the Dubai Financial Services Agency on 8 July, 2015.

Commercial Bank launches new Internet banking website

Commercial Bank’s new Internet banking website uses a variety of innovative new technologies to deliver the best online banking experience with the click of a button, the bank said in a statement.

Muslim Commercial Bank opens first wholesale banking branch in Dubai

Muslim Commercial Bank Limited inaugurated its first Wholesale Branch Banking operations in Dubai, UAE on 2 July 2015. An event celebrating the launch was held at the Armani Hotel, Dubai and was attended by Pakistan’s Finance Minister Ishaq Dar, Sh

Doha Bank aims to double India business to $5 billion in two years

The small and medium enterprises in Gujarat are our focus.

ING on course to win auction for HSBC's Turkish bank: sources

Dutch lender ING Group ING.AS is set to win the auction to buy HSBC's HSBA.L Turkish business

Bank Aljazira scores prestigious Customer Service Awards

Mr. Khalid Alothman, SVP & Head of Retail Banking Group at Bank Aljazira said “this award confirms our commitment to provide the highest customer service standards

Retail Industry in the Kingdom of Saudi Arabia on Booster Shots - Frost & Sullivan Assesses the Factors Fuelling Growth

The retail industry in the KSA is very competitive

Dar opens MCB branch in Dubai

Finance Minister Mohammad Ishaq Dar has inaugurated a branch of MCB Bank in Dubai heralding its first wholesale banking operations in the United Arab Emirates.

Oman's Bank Sohar and Bank Dhofar plan due diligence on proposed merger

Oman's Bank Sohar and Bank Dhofar have entered into a non-binding agreement on a proposed merger

Oman's Bank Sohar, Bank Dhofar plan due diligence on proposed merger

The banks agreed to proceed with due diligence, subject to receiving regulatory approvals, they said in separate statements.

Mashreq launches UAE's first certification program towards Sales Integrity & Ethics

Mashreq introduces "Integrity & Ethics" certification program in partnership with the Chartered Institute for Securities & Investment

National Bank of Oman decides not to buy United Finance

National Bank of Oman has walked away from talks to buy United Finance after due diligence, it said on Tuesday.

Banks in Oman back calls for avoiding debt pitfalls

Salim Al Kalbani, acting head of retail products, business and segments department at Bank Dhofar, says that customers should know what their requirements are.