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

Kuwait emerges as second largest M&A target market in GCC

The number of transactions in Kuwait grew by 163% between 2014 and 2018

SocGen says Saudi Arabia projects are top priority, plans to step up investments

Cohen said that the bank wants to play an important role in Saudi Arabia in terms of financing as well as advisory.

Societe Generale is upbeat about the Middle East's renewable energy finance market

French lender expects sovereigns and corporate sector to start adding green bonds to their funding mix

Emirates NBD helps secure $200m finance for Daewoo E&C

The transaction marks Emcap’s debut syndication for a Korean corporate

Societe Generale eyes Saudi opportunities after Middle East expansion

Saudi Arabia is attracting the attention of the world's biggest banks as it undergoes an economic transformation that includes raising debt through bond sales

NBK-Bahrain reports net profits for 2018, up 26% y-o-y

Al-Sager: NBK-Bahrain's solid performance affirms the success of the Group's regional expansion strategy

2 Barclays Lawyers Killed in Avalanche

A former Ashurst associate and her colleague were among the victims.

Kuwait Finance House boosts fourth quarter profit 26%

The bank has been in merger talks since mid-2018 with Bahrain's Ahli United Bank

Standard Chartered strategically partners with Zurich International Life

Tailor-made financial and life-insurance solutions

Deutsche Bank to Get Qatari Commitment for More Funds

Two other Qatari investment vehicles, controlled by members of the royal family and other prominent politicians, already own a stake.

Egyptian group Orascom to expand across sub-Saharan Africa, Togo included

The group intends to use a $170 million financing it obtained from the Africa Export Import Bank (AfreximBank)

HSBC earns most investment banking fees

HSBC earned the most investment banking fees in the Middle East & North Africa during 2018

Riyad Bank selects Goldman to advise on merger talks with NCB

In December, National Commercial Bank and Riyad Bank announced that they had begun preliminary talks for a potential tie-up to create a lender with $183 billion in assets.

Combined growth in the GCC region expected to be at 3.0% in 2019: Markaz

Markaz: Oil price, Banking mergers, bond issuances and competitiveness are top economic and investment themes in 2019

HSBC opens new $250m headquarters in Dubai

HSBC Tower embodies an entirely new way of working for staff in a building that leverages artificial intelligence, machine learning, biometrics, and blockchain innovation.

GFH Awarded Best Investment Bank- Middle East

Among the industry’s most prestigious honours, the awards cover a wide range of financial services categories and are determined through an online poll

Egypt to have strongest economic growth in Arab world

Plenty of uncertainty remains, experts say at Strategy Forum

African Development Bank Lauds Egypt’s Economic Rebound, Partnerships, at Africa 2018 Forum

The Forum successfully convened key private and public stakeholders, and provided an unprecedented platform for effective dialogue to drive investments into the continent.

GIB Capital takes four EMEA Finance Awards

GIB Capital was also named “Best Foreign Investment Bank - Oman” for the second consecutive year.

Standard Chartered slashing jobs in Dubai, Singapore

Standard Chartered's job cuts are expected to affect Singapore employees, according to sources familiar with the matter.