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

Kuwait’s GDP falls 4.4pc in Q4 2023: NBK Research

This is something that could be pushed much higher as the new government pursues its diversification and development goals.

Afreximbank plans $3.2bln boost for Egyptian banks, companies

Over the past three years, Afreximbank has provided approximately $12.8 billion in funding to the Egyptian market

Saudi Banks Hit Record-Breaking Profits of USD 1.96 Billion

The Saudi National Bank has reported an unprecedented 14-month high in profits, and a 12.4% increase in non-oil exports.

Oman Housing Bank launches campaign to enhance financing services across Oman

These agreements facilitate the processing of waiting list applications through local banks.

FAB says ‘no’ to $5bln Yes Bank stake acquisition reports

The bank said in a bourse filing that reports on Wednesday were ‘unfounded’

Elevate your lifestyle with exclusive benefits from NBO privilege banking services

Designed for individuals earning between OMR 1,000 and OMR 2,999 or with a deposit base of OMR 10,000, Privilege Banking offers a comprehensive range of benefits reflecting NBO's commitment to delivering premium services and enhancing the experience

Commercial Bank of Dubai and Visa Partner on Credit, Debit Cards

This collaboration will use core data assets and insights to address business challenges and offer personalized solutions to customers.

QIIB considers Semi-Annual Dividend Distribution for Shareholders

This discussion will take place at their upcoming meeting, which will review and approve the semi-annual financial results for the period ending June 30, 2024.

Eskan Bank acquires 9.1% stake in EBRIT, Bahrain

The bank will take possession of the tendered units by July 11, 2024

Saudi Arabia ranks 3rd in remittance outflows globally in 2023: World Bank report

Foreign remittance is the money that immigrants send directly to their families or communities in their country of origin in the world.

Gulf International Bank secures four honours at EMEA Finance Annual Achievement Awards 2023

The award selection process involved a thorough review by experts of market leading deals with GIB's success attributed to its track record and contribution to the development of the banking sector and capital markets across the EMEA region

Mashreq to expand global reach with oracle

Mashreq is also in the process of establishing digital banks in Pakistan and Oman to deliver leading-edge financial services.

NBK calls to ensure using official websites and apps when making bill payments

As part of promoting the “Let’s Be Aware” banking awareness campaign

Commercial Bank launches Mastercard multicurrency travel prepaid cards

The cards are currently available at all Al Fardan Exchange branches, Al Zaman Exchange, Gulf Exchange, Al Dar Exchange and City Exchange.

Dukhan Bank wins six awards at MENA Banking Excellence Awards 2024

These awards are a testament to our track record of effectively meeting our clients’ needs

Gulf Bank renews strategic partnership with LOYAC

Empowering youth for a brighter future

Dukhan Bank attains prestigious international security certifications

Dukhan Bank is now one of the few banks in Qatar to achieve this compliance, demonstrating its capability to protect consumer data against potential security threats and fraud.

Al Ahli Bank of Kuwait Shares Summer Travel Banking Tips

By notifying the Bank of their destination and travel dates, they can prevent any interruptions in accessing their accounts while abroad.

QNB wins four prestigious awards at MEED’s MENA Banking Excellence Awards 2024

These efforts are supported by targeted and personalized digital marketing activities to engage current and prospective customers.

Middle East Mass Affluent Banking Industry Report 2023-2024: Understand the Market, Investment Preferences, Competitor Benchmarking - ResearchAndMarkets.com

The report also covers the region's competitor benchmarking and case studies.

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