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

QDB workshop for SMEs on organising trade fairs

The workshop was designed to facilitate a free exchange of views and ideas between coaches and participants.

Changing dynamics could impact global sustainability, says Doha Bank CEO

We need to anticipate what policy shifts could do for the world’s economic outlook.

Gulf Bank wins double whammy with Best Digital Bank and Best Mobile Banking App in Kuwait

Despite a new plethora of opportunity that digital banking boasts, many institutions have chosen to stick to their traditional trajectories, unwilling or unable to embrace a new era in banking – to their detriment.

UAE's First Gulf Bank reports 11 pct fall in Q4 profit

The bank said its board had proposed a cash dividend of 1 dirham per share for 2016.

Al Khaliji joins hands with QDB to help SME projects

The bank must meet the needs of both this generation and future generations of employees.

ADCB reports 16 per cent lower full year profit for 2016 vs 2015

Abu Dhabi Commercial Bank has reported its financial results for full year 2016 and has reported a net profit of AED 4.157 billion for 2016 and a Q4 net profit of AED 1.004 billion.

GIB successfully launches US$500 million five year bond

GIB aims to be the preferred financial services partner, delivering bespoke banking solutions to a wide customer base in the region and beyond.

Gulf Bank reports net profit of KD 43 million, up 10% from 2015

The Board of Directors has recommended a cash dividend of 7 fils per share, an increase of 75% compared with 4 fils per share in the prior year.

ADIB honoured for customer experience

ADIB was also named the Best Overall Call Centre in the UAE, a recognition it has received for the third time.

Gulf Bank reports KD 43m net profit for 2016

Non-performing loans (NPLs) declined to KD 93 million or 2.4 percent of total loans, levels that have not been seen since 2007.

ADCB’s fourth-quarter net profit falls 16%

ADCB’s net profit began declining last year due to an increase in money set

Abu Dhabi Commercial Bank Q4 profit drops 16% on impairments

The emirate’s second-largest bank by assets made a net profit attributable to shareholders of Dhs1bn

Al Khaliji offers entrepreneurs the opportunity to finance and grow their SMEs

The market-leading initiative reaffirms al khaliji’s commitment to the diversification of the national economy as one of the main objectives of the National Development Strategy 2017

Jordan's Arab Bank group says 2016 net profit rose 20 percent

The bank's provisions coverage ratio for non-performing loans stood in excess of 100 percent.

Doha Bank wins ‘Best Commercial Bank Qatar 2016’ at IFM awards

The award is one that will herald the highest standards of innovation and performance of Doha Bank in Qatar.

Bank credit of conventional banks in Oman increases by 6.5%

Oman’s conventional banks have achieved a 6.5 per cent growth

HSBC Bank Oman reports profits up 31 per cent, names new chairman

Other operating income fell to OMR 0.6 million primarily due to the non-repeat of the gain on the disposal of legacy investments of OMR 4.6 million being booked in 2015.

Doha Bank wins “Best Commerical Bank, Qatar 2016 “at IFM Awards

This award also recognizes and honours Doha Bank for adding value to our customers and making a significant difference in Qatar.

Abu Dhabi Investment Council’s stake in ADCB rises after lender’s capital reduction

Government related entities withdraw funds to help fill a growing budget deficit

Banks Steal the Limelight on Biggest Firms Rankings

Bank Mellat raked in 240 trillion rials ($6.27 billion), being ranked as the third-largest firm in the country.

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