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

Going Public: Saudi firms among world's largest publicly traded companies in Forbes list

Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day

Bank Muscat and Newgen Software Receive The Asian Banker Financial Technology Innovation Awards, 2018

The awards ceremony was held in Dubai on April 25th, 2018.

Qatar's Commercial Bank ends UAB stake sale talks with Tabarak

Reuters had reported in April that Tabarak had been granted more time to secure the financing it needs to buy a 40 percent stake in United Arab Bank.

World Union of Arab Bankers Awards 'Samba' Arab Bank of the Year

CEO of Samba Financial Group, Rania Nashar expressed her pride in this achievement, which reflects the regional position of Samba and the efforts that the Group has been able to build thanks to its commitment

Qatar remains conducive to new businesses despite siege, says QDB official

If you look back five years ago, Qatar's entrepreneurship ecosystem was totally different from what you see today.

Algosaibi signs grant agreement with Ebdaa Bank

$263,000 grant will help enhancing bank’s financial solvency and to increase its ability to expand borrowers list

Russian bank VEB opens office in Abu Dhabi

The VEB representative office in Abu Dhabi will promote cooperation between the UAE and Russia in exports and investment

Dubai's Mashreq applies for Saudi banking licence

Mashreq already has a presence outside the United Arab Emirates in Egypt and Qatar

Commercial Bank, QFC sign MoU for strategic partnership

Bank for their corporate banking needs, and allow Commercial Bank to offer retail banking services to the firms’ new and existing employees.

Omani lenders seek to join merger wave in Mideast banking

The move comes amid consolidation among banks in the six-nation Gulf Co-operation Council to better compete in a crowded market.

Al Ahli Bank of Kuwait seeks acquisitions as Gulf lenders merge

Al Ahli Bank now operates 39 branches in Egypt, as well as 31 domestic branches and two in the UAE

Emirates NBD wins global recognition at RBI 2018 Global Awards

The bank was recognized as the Middle East Retail Bank of the Year for its exceptional performance in 2017

Omani lenders seek to join merger wave in Middle East

The move comes amid consolidation among banks in the Gulf Cooperation Council to better compete in a crowded market.

al khaliji launches first humanoid robot bank ambassadors

With this launch, the bank aims to sensitise the community on the rapid advances in smart banking capabilities around us.

Al Ahli Bank of Kuwait eyes greater share of GCC debt market deals

Kuwaiti lender is building capacity at DIFC hub as it looks to roll out structured finance and advisory services for its clients

Oman Arab Bank, Alizz Islamic explore merger

Alizz, which has a market capitalization of $200 million, said its board has agreed to proceed and explore this opportunity with Oman Arab Bank, it said in a statement.

Qatari Bank Closes Gap on Abu Dhabi Rival in Mideast Shuffle

FAB traded at a premium to QNB since a merger in April 2017

Doha Bank enhances online security features

Available 24/7 from anywhere in the world, the new and improved DBank Online portal’s intuitive interface makes Internet banking easy and user-friendly, while offering customers complete control over their banking activities from their desktop or mo

Pakistan hires UAE banks to raise $200m loan

Pakistan needs to raise funds to offset a drop in international reserves

Emirates NBD to buy majority stake in Turkey bank

In addition, Emirates NBD will pay interest on the consideration for the period between October 31, 2017 and the transaction closing date.

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