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

NBK supports “Let’s Be Aware” Campaign for the second year in a row

As an active participant in the initiatives aiming to raise community awareness

Mizrahi Bank posts highest ever profit

One of the main factors that contributed to Mizrahi Tefahot's growth in profit and ROI in 2021 was the growth in the bank's credit portfolio, particularly mortgages.

Qatar banks' total assets surge 8.6% y-o-y

Looking at segment details, the government segment (represents nearly 34% of public sector deposits) fell by 6.4% m-o-m (+35.2% in 2021).

Abu Dhabi Golden Visa holders to receive host of “exclusive, extensive commercial benefits”

Golden Visa holders will benefit from discounts and offers in automotive, real estate, healthcare, hospitality, health insurance and banking, including price slashes on car models, reduced premiums of health insurance plans, and offers on dining, stay, an

Abu Dhabi's FAB optimistic about growth in 2022 amid higher oil prices

Bank remains open to new opportunities to expand its operations, senior executive says

Dukhan Bank adds Multi Currency Mastercard Prepaid Card to its portfolio

First Abu Dhabi Bank to distribute $2.1bn dividends for 2021

All items on the agenda were discussed and approved, including the amendment to the bank’s Articles of Association to increase the share capital to AED11.05 billion through the issuance of 127.61 million new shares, subject to regulatory approvals.

Saudi National Bank looks for new position in Europe, Asia

According to the people’s statement, who asked to stay unidentified for information privacy, the country’s executives largest bank have been observing possible locations and are going to give the framework of a new policy to the board in the u

Mastercard recognises Commercial Bank’s outstanding performance for ultra high net worth customers

The MasterCard World Elite awards are a testament that our exclusive offerings appeal to our Limited-Edition customers and indubitably enhance their banking experience, thanks to its state-of-the-art look and feel and worldwide luxurious privileges.

Commercial Bank wins best ‘Serving Business Owners’ award by Euromoney

In 2021, Commercial Bank was recognized by major international awarding bodies and received many awards highlighting the Bank’s immense efforts in innovation, digital banking, leadership, social media, cash management, and transaction banking.

Burgan Bank launches "Power of 25" campaign exclusively for customers

In celebration of Kuwait's National Day

GIB reports net profit of $37.9mln attributable to shareholders

Gulf International Bank announces its year ended 31st December 2021 financial results

Top UAE banks set to see profitability return to pre-pandemic levels

However, return on assets may not recover for some banks until 2023, says Moody's

Emirates NBD makes a clean sweep with four top titles at The Asian Banker Regional Awards 2021

Emirates NBD named Best Retail Bank in the Middle East and the UAE for the fifth year in a row

Qatar First Bank achieves net profit attributable to equity holders of the bank of QR100.37m for the year ended 31st December 2021

With a solid strategic direction under the new leadership, QFB overcame the difficult market conditions followed by the challenges of the outbreak of the COVID-19 pandemic.

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