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

Sharjah Islamic Bank opens its new branch in Jebel Ali

The Jebel Ali branch will provide a wide range of banking services to retail and corporate clients

Abu Dhabi wants its bank in Tripoli

The National Bank of Abu Dhabi is seeking to build up business in Libya once stability returns to the country.

UAE banks wooing customers with the promise of ‘easy money'

Banks and finance companies are competing to lure reluctant customers, with personal loans being offered even to finance summer travel to holiday destinations.

Islamic banking terms in personal loans explained

Syariah refers to laws and practices in Islam and banks that observe this offer alternative financial schemes that operate under these principals.

Saudi Hollandi plans hiring in Kingdom as it opens branches

Saudi Hollandi Bank is working to grow revenue more than costs this year and focused on boosting the trade, treasury and investment banking businesses. It’s also mandated on at least two initial public offerings.

Oman's mid-sized banks face more pain as competition bites

Moody’s said all mid-sized banks had a market share ranging between 7-13 per cent

Gulf Bank Receives 'Best Domestic Retail Bank' and 'Best Human Resources Development' Awards from Banker Middle East

Gulf Bank has announced that it has been honored with the 'Best Domestic Retail Bank' and 'Best Human Resources Development' awards for 2014 from Banker Middle East, the region's leading banking industry magazine.

Award Reflects Leading Role In Banking Sector: Al-Sarawi

KFH Wins ‘Best Bank In Kuwait’ Award

UAB wins dual awards at 2014 Banker Middle East Industry Awards

United Arab Bank (UAB) picked up a duo of accolades at CPI Financial’s Banker Middle East Industry Awards

BankDhofar Named 'Best in Oman' By CPI Financial

Commenting on this achievement, Ojaili said, “We are very proud of the recognition from an esteemed institution such as the CPI Financial.

Doha Bank named ‘Best Regional Commercial Bank’

Doha Bank had earlier received the licence to commence banking operations in India and in April 2014 agreed to purchase HSBC Bank Oman’s business in India subject to regulatory approvals.

Lebanese lenders may see profits go up: Salameh

Central Bank Governor Riad Salameh predicted modest growth in the profits of Lebanese banks in 2014 despite the difficult political and economic conditions and the growing talk of higher taxes on lenders.

KFH-Bahrain opens branch in new push

Kuwait Finance House-Bahrain has opened its 10th branch in the country in Arad, to cater to a rapid expansion of customers.

Saudi Banks Beating JPMorgan Urged to Boost Capital: Arab Credit

Saudi Arabian Monetary Agency continues to encourage Saudi banks to build up higher levels of capital adequacy.

U.A.E. Islamic Bank Asks What’s in a Name After Barclays

The U.A.E. is a market where credit penetration is relatively high

CIB named ‘Bank of the Year’

Commercial International Bank has been named “Bank of the Year” for international commerce after fierce competition with National Bank of Egypt

Mashreq on its way to double retail banking profits this year

The bank to maximises earnings in all segments of business

Doha Bank sees enhanced potential in Kuwait; synergies with the bank's global network

Doha Bank, one of the leading banks in the GCC region with full branches in Qatar, Kuwait and the UAE, said building its partnerships in Kuwait is one of its top priorities in the current fiscal year.

UAE’s NBAD bank given India licence: report

An Indian bank is expected to be allowed to set up in the UAE in return, with State Bank of India the most likely candidate

UAE bank ADIB got regulator nod for Barclays UAE buy 10 days ago - CEO

Abu Dhabi Islamic Bank got regulatory approval from the United Arab Emirates' central bank for its purchase of Barclays' retail operations in the country 10 days ago.

Retail Banking