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

Bank Limited to advance its retail analytics programme

Pakistan’s largest bank Habib Bank Limited has announced its strategic retail analytics programme in collaboration with Qarar, UAE’s leading decision analytics consultancy.

United Arab Bank Wins a Genesys Award

The Genesys Middle East Summit is one of the leading annual events in the region.

Qatar banks can survive Gulf, foreign funds withdrawal, S&P says

Deposits and other funding sources from GCC countries represent about 8 percent of total liabilities of Qatari lenders or $20 billion.

Chairman of Samba Financial Group voted ‘Arab Banker of the year 2017’

Al Eisa further expressed his gratitude and appreciation to Sheikh Mohamed El-Sabbah, as well as its board members and Secretary General.

Qatar c.bank asks for FX data as capital outflows pressure riyal

The central bank's move to gather data on the currency market was in response to this concern.

China Construction Bank rings bell to list $1.2 billion bond on Nasdaq Dubai

Listing underlines growing economic ties between UAE and China

Gulf firms struggle to keep Qatar business ties despite crisis

Banks and firms across Gulf Arab nations sought to keep business links to Qatar open and avoid a costly fire sale of assets on Wednesday as a political freeze descended on the region.

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

Retail Banking