RAK Properties and United Arab Bank sign MoU to provide mortgages to end-users
RAK Properties PJSC, Ras Al Khaimah's leading property developer listed on the Abu Dhabi Securities Market, and United Arab Bank…
Wealth and Asset Management
4674 articles found
Tamweel Third-Quarter Profit Doubles as Provisions Decline
Tamweel PJSC, the mortgage company majority owned by Dubai Islamic Bank PJSC, said third-quarter profit doubled as bad-loan provisions fell.…
Global lender mulls more regional exits in the Middle East
HSBC Middle East continues to explore the possibility of exiting of some of its regional operations, following the closure of…
Qatar PM urges Europe to tackle sovereign debt woes
Energy-rich Qatar urged European governments to resolve their sovereign debt woes on Saturday and voiced caution on whether to help…
Mashreq interested in Dexia’s Denizbank if price is right, says CEO
Mashreq, one of the largest lenders in the UAE by assets, may consider making an offer for the Turkish retail…
Top US firm's Mideast wealth unit gets boost from Saudi opportunities
Merrill Lynch's Middle Eastern wealth management division is set to outperform the regional market's growth rate of around ten per…
Shuaa Capital may foray into wealth management arena
Dubai-based investment bank Shuaa Capital is planning to foray into wealth management market in response to the downturn its traditional…
UAE's business ranking improves
The UAE improved its global ranking by two to reach 33 this year in the World Bank's annual Doing Business…
Qatar banks beat estimates
UAE banks rallied as Qatar's banking sector blew past earnings estimates and the big UAE banks prepared to report next…
BankMuscat’s Singapore office opens doors for trade
BankMuscat, the leading financial services provider in the Sultanate, has marked its foray into Southeast Asia with a representative office…
UAE loses a quarter of its millionaires in one year
The number of UAE’s high net worth individuals (those with $1 million or more in financial assets) declined by 24.8…
UAE third in Mena for average personal wealth
The UAE ranks third in the Middle East and North Africa (Mena) region in average wealth per adult with $115,774,…