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

Commercial Bank of Qatar debuts in Swiss francs

CBQ’s trade is the best illustration yet of Swiss investors growing more comfortable with Middle Eastern financial credit.

QNB receives two major awards from Euromoney magazine

QNB is a frequent recipient of the prestigious Euromoney awards

Bank Sohar inaugurates relocated Nizwa branch to better serve its customers

The opening ceremony began with H E Aghbari cutting the ribbon, accompanied by the bank’s senior officials and a number of the bank’s VIP customers from the region.

First Abu Dhabi Bank Sees Interest-Rate Jump Boosting Its Profit

Saudi lending to rise ‘multiple’ times now it has a license

Net interest income growth boosts profitability of UAE lenders

Moodys expects credit growth to positively impact large lenders in 2018

ABG total assets rose 9pc to exceed US$25bn

Total operating income decreased by 7pc to reach US$1 billion and net operating income decreased by 15pc to US$430 million from the year 2016.

Qatar’s Commercial bank to pull out of Abu Dhabi-based UAB

Commercial Bank argued that the move to pull out of UAB is not dictated by the current diplomatic row opposing Qatar and its neighbors, namely the UAE, Saudi Arabia, Bahrain plus Egypt.

European Tour assures total commitment to Qatar

The Qatar Masters has played an important role in the region for 20 years as far as raising the profile of golf is concerned.

Qatar National Bank to sell small stake in Egypt unit to comply with listing rules

QNB plans to reduce its 97.125% stake in QNB Alahly to 95%.

Barwa Bank wins 2 titles at Global Banking & Finance Awards 2017

The two coveted titles add to a slew of awards and recognitions that Barwa Bank has garnered over the years

Dubai's Emirates NBD said to plan bid for Turkey's Denizbank

Sources say Dubai's biggest bank is preparing to make an offer in March

FAB Launches ‘Payit, UAE’s First Fully-featured Digital Wallet

http://www.dubaichronicle.com/2018/02/19/fab-launches-payit-uaes-first-fully-featured-digital-wallet/

Bank Sohar continues to expand ATM network

The expanding network of ATM facilities follows through on the bank’s customer-oriented strategy to bring added banking convenience to its clients across Oman.

Banking on Kuwait's Local Market

Al Ahli Bank of Kuwait’s CEO, Michel Accad, opens up about his country’s economic role in the Arab world and why the Gulf nation might never achieve all its lofty aspirations.

Egypt's Biggest Bank Seeks $500 Million Loans, Eyes Saudi Market

Lender seeking to secure $500 million in loans by June

Burgan Bank 2017 income tops $214m

The high quality earnings clubbed with across the board efficiencies, enabled the bank to grow its operating profit by 8 per cent year-on- year

UAE's First Abu Dhabi Bank launches its Global Investment Outlook 2018

Report examines current global economic and investment environment

UAE banks seen turning the corner in 2018 as loan demand strengthens

Analysts expect high single digit loan growth in 2018

Emirates NBD ranked UAE’s top banking brand for 2nd consecutive year

The Bank has been ranked second among all banks in the Middle East and Africa region, and was also recently named The Banker’s ‘Bank of the Year – UAE’ for the third consecutive year.

Bank ABC 2017 net profit up six per cent YoY

Bank ABC has announced its results for the year ended 31 December 2017.

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