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

Capital Bank Group reaffirms commitment to innovative financial services

The Group emphasized its independence, operating without affiliation with other financial entities or platforms entering the market

Ahlibank recognized as the ‘Best Conventional Bank in Oman’

Showcasing its banking expertise and forward-thinking vision as a thriving center for banking

Qatar’s banking sector at forefront of embracing ESG

This bond issuance highlights QNB’s leadership in driving sustainable finance in Qatar

Masraf Al Rayan unveils "AlRayan Bank": A new identity embodying the future of modern Islamic banking

Under the Banner of "Leading Forward"

Muzn Islamic Banking highlights environmentally friendly credit and debit cards

Muzn’s credit card range includes three options, each catering to different customer needs

Qatar banks record quarterly rise of 6.2% in net interest income

The impact of elevated central bank rates was reflected in the increase in net interest income for listed banks in the GCC.

Khaleeji Bank launches promotional stand at City Centre Bahrain

Five Grand Prizes worth BD 2 million for “Al Waffer” Account Holders

NBK unveils enhanced services and upgrades for NBK mobile banking app

Al Dakhil: We are introducing innovative services through the ongoing enhancements of NBK Mobile Banking App

First Abu Dhabi Bank Misr recognized for excellence in attracting foreign investment by the World Union of Arab Bankers

This recognition highlights FABMISR’s strong financial performance and its key role in driving foreign investment into Egypt, reinforcing its position as a regional banking leader

Banque Misr arranges $56mln worth of syndicated funding to Landmark Development

The loan aims to fund part of the investment cost of a fully serviced residential project called “STEI8HT” in New Cairo, spanning an area of 375 acres

Egypt revives IPO market after three years with $110 United Bank sale

Egypt has launched the sale of a stake worth up to $110 million in United Bank, marking the country’s first initial public offering in three years as it advances its privatization agenda backed by the International Monetary Fund

Emirates NBD brings back its Mega Foreign Exchange customer promotion

Over 10,000 winners to win prizes worth a total of AED 3 million over 3 months, including 115 daily and 35 monthly winners

Gulf Bank wins Mastercard award for highest tokenized debit portfolio in Kuwait

During Mastercard East Arabia Business Forum

Egypt: EG Bank posts 83.49% consolidated profit hike in 9 months

EG Bank is engaged in the provision of corporate, retail, and investment banking services through a network of 16 branches located across Egypt

UAE banking sector can put in higher growth even with interest rate cuts: CBD's Al Hammadi

Sufficient demand exits for loans, investment opportunities in UAE, says CBD official

Saudi Awwal Bank Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

Gulf Bank holds its third quarter 2024 Earnings Webcast

Waleed Khaled Mandani: Kuwait's financial system remains resilient

Bahrain’s NBB begins proceedings in potential merger with Bank of Bahrain and Kuwait

The bank previously appointed Goldman Sachs as financial adviser for its negotiation

Oman: Ahlibank reports $80mln net profit for 9-month period

The bank’s total assets surged by 10%

NBK the only Kuwaiti bank in Global Finance’s list of the World’s 100 Safest Banks for 2024

A new achievement denoting local, regional and global trust in the bank

Retail Banking