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

Two UAE banks 'still in frame' to buy Citi's Egyptian retail ops

It was not clear whether other bidders were still in contention, but the number has shrunk greatly

Masraf Al Rayan's UK subsidiary opens branch for GCC clients in London

The exclusive branch, which is located opposite the famous Harrods department store, will provide Gulf Co-operation Council clients with exclusive private banking services.

A clean sweep...Mashreq wins an unprecedented three Middle East Awards for its cards

This wins highlight the strength of Mashreq’s suite of award-winning cards, each of which is specifically aimed at the ever evolving needs and interests of its discerning customers.

CIB bank of the year ,Union National Bank Egypt the fastest growing : Business News index

NBE has most customer satisfaction, 255 companies take part in the evaluation, Emirates NBD is third best bank

BBK announces the launch of its Mortgage Loans Campaign

Constructing the perfect home or buying the dream property with no down payment has now become possible.

Rakbank Wins 'Best Digital Bank in the Middle East'

The award recognised Rakbank's continuous effort to deliver seamless, efficient, and personalized service across all its digital touch points

Gulf Bank wins two awards for Second Consecutive Year

Gulf Bank announced today that it has been awarded the 'Best Retail Bank in Kuwait' and the 'Best Retail Customer Service Bank in Kuwait' awards from International Finance Magazine, one of the world's leading financial publication

Oman’s Bank Sohar says $104m rights issue oversubscribed

In total, shares worth 53.28 million rials were bid for under the capital increase

Union National Bank wins the International Award "Golden Mercury"

UNB CEO Mr. Mohammed Nasr Abdeen was recently awarded the prestigious International Award - Golden Mercury, from the Europe Business Assembly in the United Kingdom.

HSBC's exit from Turkey's retail banking market no easy task

Retail business may be sold for book value given tough local market and lack of potential buyers

Mashreq Bank expands in Egyptian retail banking market

As part of the bank’s expansion plans, Mashreq Bank plans to increase staff amongst other initiatives to amplify the bank’s presence in Egypt.

Oman’s United Finance Gets Acquisition Proposal From National Bank Of Oman

Any deal would require the approval of the board of directors, the shareholders and the regulators, United Finance said in a statement

Bank of Baroda: Banking Beyond Boundaries

An interview with the Chief Executive, GCC Operations, Lalit Mohan Asthana.

Doha Bank launches operations in India

The huge size of the Indian market along with its rising per capita income levels and business-friendly policies, renders it an essential and strategic location for Doha Bank

National Bank of Oman eyes finance firm acquisition

Oman's United Finance has received an acquisition proposal from National Bank of Oman

Abu Dhabi Finance to Finance Hydra Properties on Al Reem and Shahama

This agreement will allow investors in these Hydra developments to enjoy ADF 's award winning mortgage products and customer service

Noor Bank moves to new location in Sharjah

Noor Bank has announced the relocation of its retail branch in Al Orouba Street

Banque du Caire targets EGP 2bn increase for retail portfolio by end of 2015: Hussein

Banque du Caire is targeting an increase of partial loans by EGP 2bn by the end of this year

6 banks request Citibank Egypt retail business acquisition

The official, who requested anonymity, said the offers are still being discussed, noting that there is no deadline for the discussions.

NBE wins best retail banking award

The number of NBE’s ATM machines reached 1,950 machines, an increase of 415 machine from the previous year.

Retail Banking