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

Qatar: Commercial Bank receives ‘A’ rating in MSCI ESG assessment

Commercial Bank’s ‘A’ rating represents an upgrade from its previous rating of BBB and puts it among the leading banks in Qatar for ESG ratings

Burgan Bank unveils Black Visa infinite privilege, its latest invitation-only credit card

Confirming its commitment to elevating its ultra-high-net-worth clients’ banking experience to unmatched heights

QDB recognized as best digital bank at 2024 Banking Excellence Awards

The award celebrates digital initiatives that transcend traditional online banking services

UAE bank close to acquiring $5b stake in Indian bank

Speculations rife about the lender being Yes Bank

Qatar: Commercial Bank reinforces commitment to sustainability, digital innovation at Arab Banking Conference

The event brought together leading banking and financial institutions from across the Arab world to discuss key trends shaping the future of the banking sector

Egypt's Banque Misr raises foreign currency exchange limit for travelers

UAE: RAKBANK executes its first central bank digital currency cross-border transaction

The trade, facilitated through CBUAE’s mBridge platform, instantaneously transferred digital dirham against digital Chinese yuan

Burgan Bank Ranks Among “The Banker’s” Top 100 Arab Banks in 2024, Marking a New Achievement

The Bank ranked 35th on the magazine’s list, confirming the strength of its financial standing and the success of its efforts in pursuing excellence and leadership

Khaleeji Bank announces strategic partnership with Al Areen Holding

To Provide Innovative Financial Solutions for "Tilal" Residential Project

Commercial Bank hosts trade workshop

Attendees gained valuable insights into the technical aspects of Letters of Credit and how to effectively apply them when negotiating terms and conditions with counterparties.

Doha Bank sponsors ‘Arab Banking Conference 2024’

The conference will address this issue, explore the challenges, and discuss financial strategies to bridge the gap.

Warba Bank Warns Against Emerging Fraud Techniques in Electronic Scams

The bank also republishes important messages from the Central Bank of Kuwait

Emirates Development Bank launches AI Wave program to embed AI across the organization

In line with the UAE’s Artificial Intelligence Strategy 2031

RAKBANK partners with 4most to enhance model management practices

RAKBANK has chosen 4most to perform gap assessment in relation to new Model Management Standards and Model Management Standards

NBK warns of phishing scams, shares protection tips

Within promoting the “Let’s Be Aware” banking awareness campaign

National Bank of Fujairah launches 'NBF Emerging Business Unit' to support SMEs

Customers of the new unit will have a dedicated relationship manager who will build a deep understanding of their business needs

Bank AlJazira and Cultural Development Fund sign landmark agreement

The landmark agreement is in line with the Cultural Development Fund’s role as a key financial enabler for the cultural sector in the Kingdom

Bank Nizwa’s Business Account unlocks business potential & drives growth

The account is designed to foster the growth and development of SMEs

Saxo Bank reports 35% growth: Strong performance highlights H1 2024 results

The Saxo Bank Group reported an adjusted net profit of USD 76 million, compared to USD 56 million for the same period last year, corresponding to an increase of 35%.

Arab African International Bank reports $156mln net profit in H1 2024

The bank’s strong performance has placed it back into the double-digit zone of return on equity

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