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

Emirates Islamic launches Easy Card

Emirates Islamic today announced the launch of 'Easy Card', a card which provides for a simple approval process with a range of features and benefits that reward customers as they spend.

BankDhofar Launches New Debit Cards with EMV Technology

BankDhofar migrates with CBO-OmanNET EMV programme

Bank Muscat named ‘Best Bank in Oman’

Bank Muscat has been named the ‘Best Bank in Oman’ by Banker Middle East

Ithmaar Bank earns Excellence Award

Ithmaar Bank , which achieved 94.5 percent efficiency in the execution of electronic payments during 2014, received the Straight Through Processing Excellence Award at a ceremony held at the Bank's Seef Headquarters.

Egypt's Banque Misr in talks with banks for dollar loan

Banque Misr , Egypt's second-largest state lender, has invited banks to pitch for arranger roles on a potential dollar-denominated syndicated loan

Doha Bank starts operations in SA

Doha Bank Group, one of the largest commercial banks in Qatar, said it is this week opening an office in South Africa, which it sees as the “gateway to the African continent”.

NCB raises SR1bn through sukuk

Saudi Arabia's National Commercial Bank became the latest lender in the Kingdom to announce the sale of a capital-boosting Islamic bond, raising SR1 billion ($267 million) through a sukuk which will enhance its core capital.

National Bank of Egypt picks banks for potential benchmark bond

The Egyptian government returned to the international debt market this month after a five-year hiatus due to political and economic instability.

UAE bank NBF expects market-leading loan growth this year

National Bank of Fujairah (NBF) expects to outperform its rivals with double-digit loan growth in 2015 as buoyant demand in sectors such as trade finance, services, manufacturing and education offset slight softness in the infrastructure market, its CEO s

StanChart launches new employee benefits scheme

A new employee benefits scheme granting mothers 140 days of maternity leave as well as 10 working days to fathers as paternity leave has been launched by Standard Chartered Bank Bahrain.

UAE launches state bank to finance housing and job creation

The United Arab Emirates has launched a state-owned bank to finance housing and other projects.

Al Etihad Credit Bureau to debut scoring system next year

Al Etihad Credit Bureau's database of the credit history of all retail borrowers helps banks to build a picture of a potential borrower’s indebtedness, and allow them to assess their ability to honour the debt. Silvia Razgova / The National

NCB receives Euromoney, Banker Middle East awards

This is because the NCB believes that competitiveness and high professionalism constitute the main push to improve the banking services and products.”

FGB wins two Asian Banker Middle East and Africa Country Awards

These awards truly demonstrate and recognise our commitment to putting customers first

Emirates Development Bank launches in Abu Dhabi

Shaikh Mansour says bank is a qualitative addition to the banking sector of the UAE

Arab Banking Corporation rebrands to Bank ABC

The Legal names of the Arab Banking Corporation and its subsidiaries will not change.

Lebanon's Bank Audi aims to double Egypt earnings by 2017

Lebanon's Bank Audi aims to double its assets and earnings in Egypt by 2017 as it bets on a continued revival in the Arab world's most populous economy, its group strategy director told Reuters .

HSBC reportedly looking to sell Turkish ops to Bahraini lender

ABC has emerged as a leading contender to buy the nearly 300 branches which comprise HSBC's business in Turkey

Emirates NBD launches leisure and entertainment programme for cardholders

Emirates NBD today announced the launch of ‘Good Times’, a leisure and entertainment programme for its credit and debit card holders.

Strong growth for UAE banks

Central Bank of the UAE Governor Mubarak Al Mansouri said he expected credit growth to remain robust and that there was excess liquidity in the country's banking system.

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