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

RAKBank offers free account transfers to any bank in the Philippines

RAKMoneyTransfer services will enable customers to make instant money transfer

ENBD wins ‘Best SME Bank of the Year’ at IFM Awards

Emirates NBD has created several initiatives as part of its commitment to further growth in the UAE SME sector.

Ithmaar Bank reports stable, consistent growth

The announcement, by Ithmaar Bank Chairman His Royal Highness Prince Amr Al Faisal, follows the review and approval of the Board of Directors of the Bank's consolidated financial results.

Banque du Caire posts 60% rise in net profit in 2019

The bank’s assets grew by 10% year-on-year

Commercial Bank of Kuwait incurred loss in Q4

Total assets grew by 9.1%

Abu Dhabi Islamic Bank to cut jobs as it seeks to save $136m

The UAE economy is coming under pressure from regional geopolitical tensions and weak domestic demand, while business conditions worsened for the first time in over a decade.

Standard Chartered commits USD75bn towards Sustainable Development Goals

Bank also commits to net zero carbon emissions from its operations by 2030

Doha Bank’s exceptional feats honoured at NABS awards

“Indeed, Doha Bank has been one of the primary providers of trade finance services in the local, Middle East, and international markets for more than 40 years.

Commercial Bank Financial Services launches 'margin trading' product

CBFS’s launch of margin trading facility marks a new achievement for the bank and its brokerage subsidiary, and further enriches our wealth management product offering.

BBK Reports Q4, FY19 Profit

Notable progress was made in implementing digital innovation in line with the Kingdom of Bahrain’s adoption of FinTech based technological advancements.

GIB inaugurates its new operations centre in Al Khobar

Currently, digitisation in banks is a necessity and most banks are adopting digital technologies in a competitive banking environment to improve banking efficiency, attract and retain new customers, improve analytics, launch innovative services

Emirates NBD named UAE's most valuable banking brand at $4.1bn

Dubai banks moves up eight paces to 68th globally in The Banker's annual brand valuation league table

BisB inks partnership deal with Bahrain Polytechnic

The programme has been carefully curated by both parties with the aim of prioritising students’ real experience in the financial world across multiple departments, said the statement from BisB.

Burgan Bank: Highlighting the Board of Directors commitment to maintain governance best practices

Mr. Majed Al-Ajeel "Increase in Number of Members of the Board During the Extraordinary General Meeting "

UAE banks post record $12.6bn net profit in 2019

The profits recorded by Abu Dhabi First Bank and Emirates NBD Bank accounted for 58.1 percent of the total, with Emirates NBD Bank recording a profit of Dh14.502 billion last year while Abu Dhabi First Bank saw profits of Dh12.52 billion.

18 banks, financial companies record profits of AED46.47 billion in 2019

The seven banks listed in the Dubai Financial Market recorded the largest growth percentage, in terms of profitability, as their profits increased to AED24.136 billion, a rise of almost 25 percent compared to AED19.312 billion in 2018.

ADCB and Al Hilal Bank sign agreement with Etihad Holidays

The collaboration between ADCB and Etihad Holidays to introduce an Easy Payment Plan for ADCB Credit Cardholders echoes our commitment to provide our customers with the most rewarding travel experiences.

FAB raises over Dh3b through bonds within 3 days

Three-year GBP 450 million pound-denominated bond priced at 98 basis points over Gilts

Ajman Bank’s net profits drop in 2019

Ajman Bank’s net operating income grew

Dubai Islamic Bank Full Year 2019 Group Financial Results

Total income reaches AED 13.7 billion, up by 17% YoY

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