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

Qatar’s banking sector sees growth in deposits and credit facilities

The public sector deposits for July this year stood at $100.60bln in commercial banks representing a rise of 21.4% on a yearly and a decline of 0.2% monthly basis

Commercial Bank issues Qatar's largest ever Green CHF-denominated bond following strong demand

Commercial Bank considers sustainable financing as an integral part of its overall financing strategy

Saudi Banks Growth Momentum Continues

Local lenders enjoying lower delinquencies in their loan portfolios, while provisions cover non-performing loans fully

Banking opportunities remain with lower rates

Banks are essential intermediaries for any economy, as a safe deposit for cash, and provider of credit for households and businesses to help develop the economy.

Kuwait’s central bank implements additional payment security steps

This bolsters security and give users an extra chance to verify their payment information

BankDhofar inaugurates its newest branch at Al Sawadi

The opening ceremony was attended by esteemed dignitaries, officials, and members of the community and BankDhofar’s executive management members

Egypt nears first major stake sale since devaluation: Bloomberg

While details are being discussed within the bank, they remain confidential until the official announcement

NBK alerts against online job offer scams promising high salaries

As the Bank Continues to Strengthen Financial Awareness and Support the "Let's Be Aware" Campaign

Social Development Bank wins award for Best Financing Institution for Women Entrepreneurs in MENA

At World SME Finance Forum 2024

Commercial Bank’s MSCI ESG rating upgraded to ‘A’

We are committed to a resilient and sustainable financial future in line with the State’s goals

National Bank of Fujairah PJSC enhances its capital composition

The new issuance has been privately placed with the Government of Fujairah

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

Retail Banking