Uncategorized Archives - Page 1435 of 3971 - Managers of Wealth Middle East

Private sector customers lead double-digit deposits growth in Qatar banks

May 29, 2020

Commercial banks in Qatar saw a substantial year-on-year growth in the private sector customers' domestic deposits, particularly personal, thus leading…

Executive Moves

AlixPartners Bolsters Turnaround Team in Middle East

May 29, 2020

AlixPartners has announced that Matthew Wilde has joined as a Managing Director. Matthew will serve clients across the Middle East…

Hedge Funds & Alternative Investments

Amlak Finance unable to complete debt restructuring agreement

May 29, 2020

Dubai-based real estate finance company Amlak Finance has been unable to execute a debt-restructuring agreement because one of its creditors…

Executive Moves

Aramex appoints acting Chief Operating Officer

May 29, 2020

Aramex has announced the appointment of Othman Aljeda as the Company’s Acting Chief Operating Officer, replacing Iyad Kamal, who will…

FinTech

Let’s speed up digital change at banks

May 29, 2020

While our current global economic situation has been expressed — both metaphorically and visually — as akin to falling off…

Comment & Analysis

GCC issuance & investor demand are still strong

May 29, 2020

Despite the extended government lockdowns in place since March 2020 due to the coronavirus, GCC issuance has been relatively strong…

FinTech

Time for Banks to go Digital

May 29, 2020

In turbulent times, remote access for both bank’s customers and financial institutions is crucial. Services could range from opening accounts…

Coronavirus

Directors' duties and UAE corporate bankruptcy

May 29, 2020

Company directors and managers in the United Arab Emirates must ensure that decisions made in a financial distress situation are…

Hedge Funds & Alternative Investments

Lebanon removes banking secrecy rules to fight corruption

May 29, 2020

Lebanon’s parliament approved on Thursday a law to remove decades-old banking secrecy rules in order to better fight rampant corruption…

Regulation, Risk & Compliance

Beirut’s bank chief comes under fire over crisis

May 29, 2020

Touted as the guardian of Lebanon’s monetary stability, he has steered the country’s finances for nearly three decades through post-war…

Regulation, Risk & Compliance

Banks in Saudi, emerging markets will see spike in bad loans- S&P

May 29, 2020

Banks in Saudi Arabia and more than a dozen other countries are likely going to see their profits deteriorate and…

Comment & Analysis

National banks invest AED200 million in stock markets in April

May 29, 2020

National banks invested AED200 million in local stock markets in April 2020 after stock prices reached attractive levels, an increase…

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