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

KFH Sweeps 5 Prestigious Awards from EMEA Finance

The awards recognize KFH’s business quality, performance efficiency, and excellence that cater to the evolving needs of its diverse clientele.

Ahli United Bank Holds Wealth Management Seminar For Premium Clients

It is favoured by its clients for the host of other features and benefits

Ahlibank unveils ‘Fawran’ instant digital payment service

Fawran Instant Payment Service represents a significant milestone in our ongoing commitment to providing innovative financial solutions that cater to the evolving needs of our customers.

NBK honors the outstanding employees of 2023 in annual Elite Awards Ceremony

Held at JACC for Consumer Banking Group

Commercial Bank of Dubai elects Ahmad Abdulkarim Julfar as chairman of board of directors

AGM also adopted the decision to distribute cash dividends at 50% of net profit

FAB shareholders approve $2.12bln cash dividend at AGM

AGM highlighted FAB’s three consecutive years of accelerated business momentum

ADCB, Tamweely sign EGP 100m deal to finance SMEs

The contract marks the start of a strategic partnership between ADCB and Tamweely.

Abu Dhabi’s FAB to triple revenue from China operations by 2026

The bank opened its fully licenced branch in mainland China in 2022 and grew its business there by 50 per cent in 2023

Saudi Banks to Increase their Capital Following Record Profits

The expert said that the huge bank profits, due to high-interest rates, have strengthened their plans to finance the capital increase from retained profits.

Capital Bank enhances sustainability with water-saving technologies

As part of its active steps towards sustainability and environmental preservation

Mashreq Egypt launches Mashreq NEO segment

Mashreq NEO will be available for Egyptian citizens starting with the minimum age of 15 years

Mashreq closes US$88 million syndicated term loan facility for Joint-Stock Commercial Bank 'Agrobank'

The collaboration reinforces Mashreq’s commitment to fostering growth in emerging markets and supporting small businesses operating in vital sectors, such as agriculture.”

QNB launches Smart Card Machine

The launch of this service comes as part of the bank’s commitment towards investing in greater digitization and innovative solutions that help to simplify banking services for its customers.

Gulf Bank organizes a panel discussion on women's empowerment and leadership professional skill development

With the Participation of the Chair of the "European Women on Boards" and the Ambassador of the European Union to Kuwait

Commercial Bank first to introduce 'Visa Installment Solution' in Qatar

Merchants can enable the solution simply by integrating with APIs

Lesha Bank holds Annual and Extraordinary General Meeting

Additionally, several reports were presented and approved, such as the Shari’a Supervisory Board report

Banque Misr exits $100.2mln investments in 2023: Official

The bank is targeting exiting from investments in seven companies for a sum of EGP 1.5 billion

Sohar International joins national programme Estidamah in establishing Omani business growth fund

The overarching goal of this initiative is to stimulate market growth and foster economic diversification, supporting Oman's long-term vision for sustainable development and economic prosperity.

Kuwaiti banks’ profits surge by 28.5% in ’23

Eight local banks experience significant profit growth

Gulf Bank holds its year end 2023 earnings webcast

The discussion was moderated by Dalal Al-Dousari, Deputy General Manager of Investor Relations at Gulf Bank

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