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

Qatar’s large state footprint in economy helps local banks navigate stress with minimal impact: S&P

Today, 82% of S&P outlooks on GCC bank ratings are stable

Ithmaar Bank opens new branch in Seef Mall with integrated, cutting-edge digital services

The new Main Branch was inaugurated by Ithmaar Bank Chief Executive Officer, Ahmed Abdul Rahim, in the presence of presence of Central Bank of Bahrain (CBB) Executive Director - Banking Supervision, Khalid Al Hamad, and CBB Director - Islamic Financial In

Emirates NBD set to expand its presence in India with an approval for two new branches

Supporting growth of business ties between UAE and India

Jordan Kuwait Bank to launch region’s first contactless biometric cards using Thales tech

Users will be able to authenticate transactions with their fingerprints

National Bank of Egypt begins work for its first branch in Riyadh

The bank official said it’s now in talks with the responsible Saudi authorities, to determine the capital of the branch, which must comply with Saudi laws.

QIIB awarded ‘Most Innovative Islamic Retail Bank in Qatar for 2021’ by International Finance Magazine – UK

The Bank’s financial products and services have also seen exceptional growth over the past year, notably across its digital channels, which provided customers with the ability to access banking services at a remarkable level of speed and flexibility

Qatar retail segment sees new operational models such as ‘revenue share’ deals: KPMG

The declining rentals remain in favour of the retailers, as major developers/mall operators continue to offer incentives to attract and retain tenants such as rent-free periods, freezing rent periods, and extended fit-out periods, KPMG said.

Qatar First Bank EGM approves increasing paid-up nominal share capital to QR1.12bn

The increase in the bank’s nominal share capital will help the bank further strengthen its equity, balance sheet, and liquidity position, in addition to exploring investment opportunities.

Emirates NBD and Emirates Islamic unveil 'Future Banking' at Expo 2020 Dubai

Emirates NBD: Premier Partner and Official Banking Partner; Emirates Islamic: Official Islamic Banking Partner of Expo 2020 Dubai

Ahlibank launches ‘Transfer Your Salary and Save’ Campaign

"Ahlibank continuously aims to provide customers the right banking products and services with a seamless experience to achieve their lifestyle and financial aspirations while striving to be the bank of choice for all their financials needs."

Asiamoney names Commercial Bank Best Digital Bank in Qatar

Commercial Bank’s focus on innovation and its pioneering role in Digital Banking innovation have earned the Bank a number of prestigious awards in 2021, including the “Best Bank” award in Qatar from both Euromoney and Global Finance.

Qatar Islamic Bank Named “Best Bank for SMEs in Qatar” at Asiamoney Best Bank Awards 2021

QIB received the highly regarded award after meticulous evaluation of its SME offering against strong competition from leading banks in the increasingly competitive Qatari market.

Banque Misr to get largest syndicated loan in its history at $1bn, reports CNBC

Al Ahli Bank of Kuwait, Emirates NBD, First Abu Dhabi Bank and Standard Chartered are among the banks working as arrangers, private sources said.

QIIB wins UK-based GIFA award

"Getting appreciation and a positive feedback from our customers and observers and other experts, makes us happy and motivates us to do more and aspire for more achievements."

Commercial Bank of Dubai recognized with "Excellence in Innovation - Retail Banking" at the 2021 Finnovex Awards

The Finnovex Awards recognize and celebrate the efforts of various individuals, institutions and service providers in the field of financial services

QIB expands Direct Remit service to Philippines and Pakistan

QIB collaborated with BDO Unibank for Philippines holding more than 1,100 branches and over 3,800 ATMs

NBK succeeded in pricing USD1.0bln in senior unsecured bonds

Largest US dollar FIG issuance from Kuwait

Mashreq, DAFZA sign MoU to boost SME growth

The MoU also provides DAFZA SMEs with discounted access to accounting packages, cloud infrastructure, digital tools and a suite of mobile point-of-sale solutions, payment gateways and software systems such as ZohoBooks, Microsoft Office and AWS - all desi

Al Salam Bank unveils its newly formed brand DNA

A new brand promise is unveiled 'We nurture relationships by enriching experiences'

Mastercard recognises Doha Bank as fastest growing MPGS partner in Qatar

The partnership between Mastercard and Doha Bank encourages business growth and boosts merchant confidence in a post pandemic world, further supporting and advancing the payments sector in the Qatari market.