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

Dubai-based lender Mashreq in Qatar for long haul -CEO

Mashreq was the first UAE lender to open an office in Qatar

Turkey, Islamic Development Bank sign $2.25B loan deal

The other agreement was signed between the Development Bank of Turkey and IDB with a Treasury reimbursement guarantee.

UAE central bank: request on Saudi accounts was just information-gathering

Commercial bankers have expressed concern that the request could be a prelude to freezing the accounts.

Saudi wealth fund finalizes deal to take over unfinished Riyadh financial hub

Crown Prince Mohammad Bin Salman lists the rehabilitation of the financial district as one of his objectives in the kingdom’s Vision 2030 economic reform plan.

New Middle East Investor for CS?

The 11 arrested earlier this month are believed to have to pony up millions in assets to Saudi Arabia

QIIB stresses safety of its systems

The bank added that it periodically sends messages to customers warning them of fraudulent calls and links that they claim to be from banks or from telecoms companies.

Ankara rebuffs claims Halkbank to be replaced

On Nov. 16, new regulations regarding the merger, division, transfer of assets and exchange of bank shares were published in the Official Gazette.

CBO To Issue OMR150M In Bonds Next Month

The Global Interest Rate Scenario Is Still Relatively Benign

Iran Banking Issues With China, UAE Resolved

Political Matters Significantly Affect Banking Relations Between Two Countries

UAE MoF Organises A Workshop Titled ‘Practical Application For The Avoidance Of Double Taxation Agreements’

UAE Is Considered A Hub For Regional Dialogue

CBB issues directives for B-REITs

The new directives will encompass retail investors as part of the target investors who are allowed to invest in Bahrain Domiciled REITs.

German watchdog drops inquiry into HNA, Qatar over Deutsche Bank -source

Qatar's royal family built up its stake first in 2014 during a capital increase

UAE Banks Federation Reveals New Brand Identity

New logo takes inspiration from the UAE’s rich calligraphic heritage while celebrating the UBF and Member banks concerted efforts to shape the future of the banking sector

Tackling financial crime with real-time detection

Traditional methods of identifying suspicious activity are no longer adequately protecting financial institutions and their customers.

Saudi central bank says no big money outflow due to graft crackdown

The bank accounts of as many as 200 individuals had been frozen in the investigation.

Egypt's central bank holds interest rates as expected

Egyptian inflation dipped for the third month running in October but remained above 30 percent.

Doha Bank signs agreement for e-Remittance service to Nepal

Citizens Bank will help Nepalese community in Doha to open accounts in Nepal to facilitate banking needs in their home country.

Uncertainty looms After Saudi crown Prince’s Purge

The Arrest Of Prince Miteb Bin Abdullah, Signals Further Strain On The Enormous Tensions Within The Royal Family

Kuwait Could Create Financial Stability Committee – IMF

Central Bank Working Hard To Balance The Need To Promote Credit Growth

Turkish regulator asks Hariri-linked firm’s creditors to not classify debt as non-performing

The BDDK’s request marks an attempt to stem the fall-out from Dubai-based Oger’s Telecom’s widening debt problem.

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