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

Incredible response to ‘Life in Qatar’ initiative, says Commercial Bank

We are continuously looking to help our new customers settle in quickly and make Qatar feel like their home

No need for UAE banking sector consolidation: official

The majority of local UAE banks have reported double-digit profit growth rates for the first half of 2014

Saudi's National Commercial Bank to start IPO this month

Saudi Arabia's National Commercial Bank IPO-NACO.SE will begin its much-anticipated initial share sale later this month

Citi to expand in select business areas in the UAE

Global lender Citigroup said it continues to be an active player in the consumer banking and institutional business in the UAE, although it has announced exit from retail business in a number of markets across Europe, Middle East and Africa region.

Mashreq eyes Turkey acquisitions in major push

A number of local banks had been held up as potential buyers of UAE operations that sources said Standard Chartered was aiming to sell after it agreed to close some accounts there in an anti-money laundering settlement with authorities in the US.

Emirates NBD named ‘Bank of the Year’at Gulf Business Industry Awards 2014

The third annual Gulf Business Industry Awards were presented at a distinguished ceremony held yesterday,

FGB to launch the UAE’s first personalised credit card

The new product allows customers to choose their own design, card programme and loyalty scheme.

Commercial Bank's "Life in Qatar" service targets new expats

New arrivals without a bank account cannot deposit a salary, acquire a credit card, take out a loan, rent an apartment, get a car, or even use an ATM for free.

Dutch Rabobank receives green light to operate in Turkey

The watchdog approved the establishment of the lender, which will have the Dutch group as the controlling shareholder, in August 2013.

Bank Nizwa achieves 80% of network expansion plan

The Samayil branch marks the eighth opening in less than 24 months

HSBC bank oman continues major branch transformations across the Sultanate

The renovations offer a more modern and aesthetically appealing environment, supporting the Bank's focus on delivering a superior and consistent customer experience at all times, through all channels.

Royal Group to invest $5 billion in Serbia bank

Abu Dhabi-based Royal Group is set to invest $5 billion in establishing a bank in Serbia, AMEinfo has investigated.

Things can change quickly in Turkey

The international and Turkish banking and insurance sectors have been in major transition and growth in recent years.

KFH tops banks locally, 161st globally

KFH shows great interest in the expansion policy

Barwa Bank opens new branch at Pearl-Qatar

Barwa Bank Qatar's fastest growing Shariah-compliant banking service provider has announced the opening of its new branch at the Pearl-Qatar to ensure convenience for the bank's high-end customer base.

Saudi Arabia’s Largest Bank Said to Plan IPO Next Quarter

National Commercial Bank, Saudi Arabia’s largest lender by assets, is seeking to sell a 15 percent stake on the Saudi Stock Exchange in the fourth quarter

Riyad Bank wins honor

Our trade finance solutions are designed with the needs of our customers in mind

Barclays completes sale of UAE retail arm to ADIB

We remain on track to rebalance Barclays as part of our strategy to deliver sustainable returns for our shareholders

Emirates NBD Planning To Expand Saudi Operations – CEO

Dubai’s biggest bank, Emirates NBD, is looking to expand its presence in Saudi Arabia, its CEO Shayne Nelson has confirmed.

UAE Central Bank fixes early home loan repayment charge at 1% of total outstanding…

Or a maximum of Dh10,000, according to a senior Dubai banker

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