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

Bahrain’s Al Salam Bank terminates discussions on acquiring KFH Bahrain

Bank said the two parties had not been able to reach mutually agreeable terms

BankDhofar inaugurates its newest branch at SQU

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

Arab Bank named Bank of the Year 2023 in the Middle East by The Banker Magazine

Award was based on criteria assessing a number of different indicators, including the Bank’s financials, strategy and performance

Sohar International goes beyond borders entering into the Kingdom of Saudi Arabia

A transformative stride towards realising its vision to become a world-class Omani services company

UAE’s Ajman Bank launches real estate subsidiary Skyrise Properties

Our mission is clear - to elevate Skyrise Properties and Ajman Bank to new heights.

Jordanian banks launch first private sector investment fund with $388m commitment

The fund is crucial for achieving “accelerated growth” by fully leveraging Jordan’s economic potential, according to Hani Al-Qadi, the chairman of the Jordan Capital and Investment Fund.

NBO’s Sadara Priority Banking offers exclusive benefits for premium clients

Designed to optimise their financial management and streamline their valuable time

NBK warns customers of scam calls offering fake lucrative prizes and investments

Within its participation in the “Let’s Be Aware” banking awareness campaign

Egypt's net foreign deficit narrows in November

The deficit is still the country's third highest ever, following record deficits in June and October

NBK announces exclusive partnership with X-Cite for NBK KWT Visa Infinite credit cardholders

Seeking to provide top-notch offers and rewards to customers

West African Development Bank announces acquisition of an equity interest by the Arab Bank for Economic Development in Africa in its capital

This opens up the second phase of the Bank's capital increase process, the first phase of which was completed in December 2022 for an amount of XOF554.38 billion.

Dubai's Union Properties to enter debt repayment deal with leading UAE bank

Dubai developer gets board approval to pay off Dh825m-Dh875m in 9 months

Al Ahli Bank of Kuwait Supports Scientific Education by Sponsoring the 17th Kuwaiti-French Scientific Exhibition

The exhibition showcased an array of scientific and research projects in hydroponics, offering a platform for numerous students to delve into the innovative world of hydroponic agriculture.

QNB receives prestigious rankings in 4 categories from Euromoney

This recognition affirms the Group’s leadership in digital banking and corporate services while showcasing its commitment to best practices as a socially responsible bank.

MDP takes Mastercard carbon calcuator to market in Egypt

The solution will be available to MDP’s customers, offering them a simple and convenient way to measure their estimated carbon footprint generated by card purchases.

HSBC pioneers new digital ‘fast-track’ trade finance demand guarantee

The solution allows customers to issue digitally processed guarantees that can be issued to a beneficiary in real time

QNB provides special interest rates offers on National Day

This unparalleled offer is designed to encourage customers to pursue their financial goals with greater ease.

Commercial Bank recognised with two major accolades

The Bank has won two categories – the Fastest-Growing Partner in Qatar and the Highest Spend per Card in Qatar.

ADIB strengthens environmental stewardship with Emirates Nature-WWF ‘Leaders of Change’ initiative

Enabling customers to easily make donations to environmental charity Emirates Nature-WWF through ADIB’s App and its ATM Network

Commercial Bank recognised with two prestigious awards at Mastercard MENA Business Forum

The bank has won two categories – the ‘Fastest-Growing Partner in Qatar’ and the ‘Highest Spend per Card in Qatar’.

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