Articles - Managers of Wealth Middle East

Qatar’s banking system witnesses double-digit deposit growth since end-2016: says NBK report

July 26, 2017

Qatar’s banking system has witnessed double-digit deposit growth since last December as oil prices have firmed up over that period,…

Financial Results

NCB’s net income up 1% in H1

July 26, 2017

The National Commercial Bank announced that net income for the first half 2017 reached SR5,120 million compared to SR5,068 million…

Islamic Finance

Meethaq to provide Islamic finance to OMPC

July 26, 2017

Oman-based Meethaq, the Islamic banking unit of Bank Muscat, recently signed an agreement to provide Islamic finance to the Oman…

Hedge Funds & Alternative Investments

Dubai DIFC a hit with Chinese, Indian financial firms

July 25, 2017

A number of leading Chinese and Indian banks are in the process of obtaining Category 1 banking licences in the…

Financial Results

The Prospects For Middle East Economies Amid New Financial Realities

July 25, 2017

The Middle East is going through a period of tremendous change, with oil prices remaining the dominant theme driving the…

Comment & Analysis

Dubai’s Q3 2017 business confidence improves

July 25, 2017

Business leaders in Dubai are more positive about their expectations of business conditions and business confidence in the third quarter…

Hedge Funds & Alternative Investments

Saudi Arabia raises 17bn riyals in first local Islamic bond this year

July 25, 2017

Saudi Arabia raised 17 billion Saudi riyals (Dh16.65bn) from its first local Islamic bond sale this year as the biggest…

Financial Results

Saudi Arabian Monetary Agency says foreign assets close to SAR 2 trillion

July 25, 2017

Foreign assets of the Saudi Arabian Monetary Agency and the commercial Saudi banks reached SR1.996 trillion by the end of…

Financial Results

Saudi bank SABB says Q2 net profit falls 1.9 pct on bad debt charges

July 25, 2017

Saudi British Bank , the kingdom's sixth-largest bank by assets, posted a 1.9 percent drop in its second-quarter net profit…

Regulation, Risk & Compliance

India clarifies income tax rule for NRIs

July 25, 2017

The Government of India has clarified that Indian expatriates have to provide their foreign bank account details only if they…

Awards and Recognition

QIB named ‘Islamic Bank of the Year’ in Qatar for 5th year

July 25, 2017

Qatar Islamic Bank was recognised as the ‘Islamic Bank of the Year — Qatar” for the fifth year in a…

Retail Banking

DIFC a hit with Chinese, Indian financial firms

July 25, 2017

A number of leading Chinese and Indian banks are in the process of obtaining Category 1 banking licences in the…

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Qatar’s banking system witnesses double-digit deposit growth since end-2016: says NBK report

NCB’s net income up 1% in H1

Meethaq to provide Islamic finance to OMPC

Dubai DIFC a hit with Chinese, Indian financial firms

The Prospects For Middle East Economies Amid New Financial Realities

Dubai’s Q3 2017 business confidence improves

Saudi Arabia raises 17bn riyals in first local Islamic bond this year

Saudi Arabian Monetary Agency says foreign assets close to SAR 2 trillion

Saudi bank SABB says Q2 net profit falls 1.9 pct on bad debt charges

India clarifies income tax rule for NRIs

QIB named ‘Islamic Bank of the Year’ in Qatar for 5th year

DIFC a hit with Chinese, Indian financial firms

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