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

CBI posts 40% increase in Operating Profit.

Commercial Bank International PSC today announced its full year financial results for year ended 31 December 2014, subject to approval by the UAE Central Bank.

Commercial Bank exclusive Platinum Sponsor of Qatar Motor Show 2015

Special promotions and offers announced coinciding with the Motor Show

Perfumed bank cards target women's rising clout

Islamic banks are going to new lengths to grab the market share offered by an increasing number of working women in the Gulf region.

Khaleeji Commercial Bank Announces the Financial Results for the Year 2014

Khaleeji Commercial Bank, a prominent Islamic retail bank, announced its financial results for the year ended 31 December 2014 making a net profit of BD 3 million, compared to net loss of BD 19.2 million reported in 2013.

QNB ranked best bank brand in Mideast, Africa

QNB has been confirmed as the most valuable banking brand in the Middle East and Africa, according to the annual survey carried out by Brand Finance and published by The Banker Magazine

NBK Most Valuable Banking Brand in Kuwait

National Bank of Kuwait was recognized as the most valuable banking brand in Kuwait in 2015

Home financing agreement signed by Bank Nizwa and Zawaya Development

The new partnership is in line with the bank’s strategy to bring Islamic banking closer to customers by working with businesses and offering Shari’ah compliant products that will support the growth of the real-estate industry in Oman.

RAKBANK, Kalyan Jewellers Launch ‘Goldback’ Credit Card In UAE

The credit card offers users between three to seven per cent goldback on purchases made locally and internationally.

QNB tops ‘most valuable bank’ list in Mideast

Brand Finance Banking 500 ..... annual ranking of the most valuable banking brands in the world

Citi Bahrain launches rewards programme

Citi Bahrain has launched a rewards programme giving its local credit card customers access to merchandise from across the globe.

UAE’s NBAD CEO Declines Comment On Citigroup’s Egypt Consumer Unit

The lender was one of 10 bidders for the business put up for sale by the U.S. bank in October, a source told Reuters earlier this month.

Doha Bank wins accolades at Banker Middle East product awards

Tailored to suit the needs of Qatar’s dynamic population, the housing loan product by Doha Bank is pledge to offer the most competitive interest rate which did really entice people during the course of the recent years to take a purchase decision ju

Qatar Development Bank wins Best SME Loan provider award

This year’s awards were hotly contested by 110 nominees across 27 categories. The awards are among the most recognized and prestigious for financial institutions in the Middle East and North Africa (Mena).

Boubyan Bank Top Winner

Eleven banks and financial services providers in Kuwait shared a total of 22 Banker Middle East Product Awards between them; six institutions picked up more than one Award each with three taking home two and two scoring a hat-trick.

Gulf Bank receives ‘Best Customer Experience Overall Branch in Kuwait’ award

The CEBI award is based on research conducted between May and November 2014.

Doha Bank achieves sustainable performance

The Bank increased its net operating income by 12.5% to reach QAR 2.9 billion.

Dubai's Mashreq interested in Citigroup's Egypt retail business -CEO

The Dubai bank is aiming for six to 10 percent net profit growth in 2015

GIB pioneers new retail bank concept in Saudi

Customers have been offered a broad range of channels through which they can open and manage accounts.

Warba Bank Wins Best Call Centre Award from Banker Middle East

Warba Bank has won the Best Call Centre Award from Banker Middle East Magazine granting awards for banking products and services in Kuwait for 2014 by CPI Financial.

Abu Dhabi's banks eye new pastures

The banking sector performed strongly in 2014, led by Abu Dhabi's raft of big-ticket projects, which have proved to be a key driver of growth for larger lenders.

Retail Banking