Articles - Managers of Wealth Middle East

Imran urges UAE central bank to disclose non-residents’ accounts details

July 28, 2017

Pakistan Tehreek-e-Insaf Chairman Imran Khan on Thursday urged United Arab Emirates Central Bank to disclose details of non-resident account holders…

Financial Results

Saudi's Alawwal Bank reports 40 pct drop in quarterly profit

July 28, 2017

Alawwal Bank, Saudi Arabia's oldest bank, reported a 40 percent fall in second-quarter net profit on Thursday as impairment charges…

Market Forecasts

Qatar deposited over $10 bln in banks to offset crisis outflows

July 28, 2017

Qatar's government deposited over $10 billion in local banks last month to offset a pull-out of deposits by foreign institutions…

Regulation, Risk & Compliance

Abu Dhabi Global Market inks new partnerships with Labuan

July 28, 2017

Abu Dhabi Global Market, the International Financial Centre of Abu Dhabi, Labuan International Business and Financial Centre and Labuan Financial…

FinTech

BankDhofar launches Mobile Wallet with high-level security features

July 28, 2017

As part of its endeavour to support the Central Bank of Oman’s (CBO) initiatives to add to the convenience of…

Financial Results

UAE's First Abu Dhabi Bank posts Q2 net profit of 2.56 bln dirhams

July 28, 2017

First Abu Dhabi Bank , created by a merger of National Bank of Abu Dhabi and First Gulf Bank on…

FinTech

Kuwait Finance House and Mastercard launch innovative Mobile Wallet Payment Service

July 27, 2017

Kuwait Finance House, the world’s leading Islamic financial institution and Mastercard, a leading technology company in the global payments industry,…

FinTech

Qatar’s cyber security framework enhanced through regulatory reforms

July 27, 2017

The malicious use of Information and Communication Technologies in cyberspace could disrupt financial services, undermine security and confidence and endanger…

Legal