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

Dubai working with HSBC bank on $7 bln financing for Expo 2020

Split between commercial loans and ECA funding to be decided

Ahli United Bank named ‘Bank of The Year Mideast’

This represents the second time that AUB has received this prestigious award.

Doha Bank MD: Gulf countries look to invest in Bangladesh

Governments of Gulf states have undertaken expansionary fiscal policy framework worth hundred and seventy billion dollars

2 Abu Dhabi banks to merge into largest Gulf Arab bank

Officials say the government of Abu Dhabi and government-related firms will own 37 percent of the bank, which will have a presence in 21 countries.

Doha Bank opens Bangladesh representative office in Dhaka

Doha Bank Q.S.C. inaugurated its Bangladesh Representative office

Qatar’s Ezdan picks up $460m with Chinese support

Property firm Ezdan of Qatar has rallied 10 banks to participate in its $460m Islamic loan refinancing. All were Middle Eastern except HSBC

Jordanian, Arab investors set to buy 20pct stake of Arab Bank

One of the largest privately owned banks in the Arab world.

QNB aims to become leading bank in Africa, Asia by 2020

The conference presents a “great opportunity” for networking across QNB’s growing international network

India's SBI to bolster operations in GCC

SBI already has one branch in Muscat, two in Bahrain and one in Jeddah.

RAKBank arranges $15m loan for Seylan Bank

Loan to help Seylan expand FCBU portfolio

International Bank of Qatar wins at The Banker Middle East Industry Awards 2016

The awards are based on a peer-vote process and nominations are open to banks and financial institutions in nine countries across the MENA region.

Egypt's Commercial International Bank close to finalising sale of CI Capital

CIB would maintain the remaining stake in the company.

Qatar’s Commercial Bank launches new mortgage consolidation campaign

Commercial Bank puts its customers first with innovative products and services to meet their needs.

Commercial Bank of Dubai to Target Tech-Savvy Citizens with Digital-Only Bank

The number of mobile banking apps in 2015 rose by 25 percent to 13.5 million from 2014 figures.

Islamic bank Al Rayan forays into Scotland; to add more products

The bank was launched in 2004 with a retail focus, but an acquisition by Qatar's Masraf Al Rayan in 2014 saw a capital injection of 100 million pounds that helped expand its business lines.

Commercial Bank of Qatar launches 5-year plan to stem losses

To cut real estate exposure to 16 pct

Doha Bank bags 3 awards

The awards indicate the success of Doha Bank’s innovation in the retail segment.

Payfort Receives Doha Bank Partners Award

According to PayFort State of Payments 2016 research report, some US$ 0.42 billion (QAR 1.5 billion) of online payments are made annually by Qatar buyers.

UAE monetary data points to tightening liquidity conditions

Non-resident deposits saw a moderate increase of 0.3 per cent in October compared to September.

National Bank of Fujairah scoops ‘Best New Islamic Window – UAE’ Award at the Islamic Business & Finance Awards 2016

Our Islamic balance sheet has grown rapidly, in the future, we see no reason why we cannot compete with larger and more established Islamic financiers.

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