Managers of Wealth - Middle East http://mebankers.net/ Mon, 30 Mar 2020 08:58:23 BST part of MediaG8way Group http://mebankers.net/ http://mebankers.net/assets/images/logo.png Managers of Wealth - Middle East KohanaPHP Bahrain’s GIB Hires Deutsche Bank’s Jamal Al Kishi as CEO News Aggregation Team Monday, March 30, 2020 1:00 am http://mebankers.net/article/33257/bahrainamprsquos-gib-hires-deutsche-bankamprsquos-jamal-al-kishi-as-ceo The bank is in the process of appointing a replacement for Al Kishi and will make an announcement soon. On the Move National Bank of Fujairah appoints Dr Raja Al Gurg as new Deputy Chairperson News Aggregation Team Thursday, March 26, 2020 12:00 am http://mebankers.net/article/33240/national-bank-of-fujairah-appoints-dr-raja-al-gurg-as-new-deputy-chairperson Dr Raja Al Gurg has carved a unique position for herself in the region due to her support and encouragement of women entrepreneurs. On the Move Eventus Systems Establishes Presence in Europe with First Key Hire in London News Team Wednesday, March 25, 2020 12:00 am http://mebankers.net/article/33211/eventus-systems-establishes-presence-in-europe-with-first-key-hire-in-london Firm Continues Growth in EMEA with Trade Surveillance, Market Risk Tools Addressing European Market Rules, Regulations On the Move National Bank of Fujairah appoints Dr. Raja Al Gurg as new Deputy Chairperson News Team Wednesday, March 25, 2020 12:00 am http://mebankers.net/article/33213/national-bank-of-fujairah-appoints-dr-raja-al-gurg-as-new-deputy-chairperson A leading businesswoman in her own right, Dr. Raja Al Gurg has carved a unique position for herself in the region due to her support and encouragement of women entrepreneurs. On the Move Chairman of Misr Bank appointed head of Egyptian Banks Federation for three years News Aggregation Team Tuesday, March 24, 2020 12:00 am http://mebankers.net/article/33181/chairman-of-misr-bank-appointed-head-of-egyptian-banks-federation-for-three-years The Federation of Egyptian Banks is a non-profit independent entity connecting all Egyptian and foreign banks working in Egypt. On the Move Sheikh Abdulla bin Ali bin Jabor al-Thani elected Commercial Bank’s chairman News Aggregation Team Tuesday, March 24, 2020 12:00 am http://mebankers.net/article/33187/sheikh-abdulla-bin-ali-bin-jabor-al-thani-elected-commercial-bankamprsquos-chairman The ordinary general assembly held at the Commercial Bank Plaza approved all items on the agenda including the board of director’s recommendation to distribute a cash dividend of 20% of the share’s nominal value. On the Move Abu Dhabi Commercial Bank appoints new chairman News Aggregation Team Sunday, March 22, 2020 12:00 am http://mebankers.net/article/33146/abu-dhabi-commercial-bank-appoints-new-chairman HE Khaldoon Al Mubarak also serves as the Managing Director and the Group Chief Executive Officer of Mubadala Investment Company On the Move Mashreq strengthens management team with appointment of Group Head of Operations News Team Friday, March 20, 2020 12:00 am http://mebankers.net/article/33118/mashreq-strengthens-management-team-with-appointment-of-group-head-of-operations He will be responsible for overseeing key operations of the business functions On the Move The Board of Directors of Abu Dhabi Commercial Bank elect H.E. Khaldoon Al Mubarak as Chairman News Team Thursday, March 19, 2020 12:00 am http://mebankers.net/article/33109/the-board-of-directors-of-abu-dhabi-commercial-bank-elect-he-khaldoon-al-mubarak-as-chairman The Board meeting followed a decision earlier in the day by shareholders at ADCB's Annual General Assembly to appoint H.E. Al Mubarak, along with Ahmed Saeed Al Calily and Mohamed Ali Al Dhaheri, to the Bank's Board*. On the Move Dubai's DIFC appoints experts to oversee new employee savings plan News Aggregation Team Wednesday, March 18, 2020 12:00 am http://mebankers.net/article/33097/dubaiamp039s-difc-appoints-experts-to-oversee-new-employee-savings-plan Dubai International Financial Centre appoints members of the supervisory board of its new Employee Workplace Savings Scheme On the Move Egypt's central bank places limits on cash withdrawals News Aggregation Team Monday, March 30, 2020 1:00 am http://mebankers.net/article/33254/egyptamp039s-central-bank-places-limits-on-cash-withdrawals Customers told to avoid paper money and adopt electronic transfers in a bid to control the spread of coronavirus Legal, Tax, Regulation & Compliance Lebanon to finalise turnaround plan by year-end to mend 'broken' economy, finance minister says News Aggregation Team Monday, March 30, 2020 1:00 am http://mebankers.net/article/33255/lebanon-to-finalise-turnaround-plan-by-year-end-to-mend-amp039brokenamp039-economy-finance-minister-says Highly-indebted country has a four-point agenda of structural reforms, fiscal consolidation, banking sector reorganisation and debt restructuring Legal, Tax, Regulation & Compliance UAE Central Bank urges banks to prioritise remote working as a measure against coronavirus News Aggregation Team Monday, March 30, 2020 1:00 am http://mebankers.net/article/33256/uae-central-bank-urges-banks-to-prioritise-remote-working-as-a-measure-against-coronavirus Governor Mubarak Al Mansoori said the banking workforce is fully prepared to support the UAE’s economy during this particular time Legal, Tax, Regulation & Compliance World Tax Advisor, featuring special COVID-19 section News Team Friday, March 27, 2020 12:00 am http://mebankers.net/article/33252/world-tax-advisor-featuring-special-covid-19-section These measures, which vary in magnitude and scope, are intended to mitigate the economic and fiscal effects on businesses and individuals. Legal, Tax, Regulation & Compliance Tax in the time of COVID-19 News Team Thursday, March 26, 2020 12:00 am http://mebankers.net/article/33217/tax-in-the-time-of-covid-19 The goal is to ensure that households and businesses are able to keep their heads above water until the health crisis can be contained, so that the economy is ready to rebound once the worst of the pandemic has passed. Legal, Tax, Regulation & Compliance Bahrain's KHCB gets shareholder approval for delisting from Dubai's DFM News Aggregation Team Thursday, March 26, 2020 12:00 am http://mebankers.net/article/33231/bahrainamp039s-khcb-gets-shareholder-approval-for-delisting-from-dubaiamp039s-dfm Shareholders also approved the reduction in the bank's issued and paid capital Legal, Tax, Regulation & Compliance Acting selfishly has consequences right now – why ethical decision making is imperative in the coronavirus crisis News Team Thursday, March 26, 2020 12:00 am http://mebankers.net/article/33219/acting-selfishly-has-consequences-right-now-ampndash-why-ethical-decision-making-is-imperative-in-the-coronavirus-crisis In fluid situations, these conditions are hard to meet. Legal, Tax, Regulation & Compliance Coronavirus Job Listings and Money Laundering Schemes News Aggregation Team Thursday, March 26, 2020 12:00 am http://mebankers.net/article/33220/coronavirus-job-listings-and-money-laundering-schemes Scammers posing as a legitimate charity foundation are hiring online customer service representatives that are required to do some groundwork in an initial stage. Legal, Tax, Regulation & Compliance Emirati banks offer 98% of services to customers electronically News Aggregation Team Thursday, March 26, 2020 12:00 am http://mebankers.net/article/33233/emirati-banks-offer-98-of-services-to-customers-electronically Enabling them to achieve their transactions safely online Legal, Tax, Regulation & Compliance Jordan finance minister says IMF approves $1.3bn reform program News Aggregation Team Thursday, March 26, 2020 12:00 am http://mebankers.net/article/33227/jordan-finance-minister-says-imf-approves-13bn-reform-program Officials are worried the crisis that has hit the thriving tourist sector, which generates around $5bn annually, will slash growth projections and deepen an economic downturn Legal, Tax, Regulation & Compliance Al Baraka Bank South Africa net income increases by 11% to reach ZAR 73 million in 2019 News Aggregation Team Monday, March 30, 2020 1:00 am http://mebankers.net/article/33258/al-baraka-bank-south-africa-net-income-increases-by-11-to-reach-zar-73-million-in-2019 The results revealed that the Bank continued to achieve excellent financial results and growth in businesses, where net income increased by 11% and total assets 7%, compared to the end of 2018 Retail Banking BankDhofar contributes OMR 1 Million towards combating COVID-19 News Team Monday, March 30, 2020 1:00 am http://mebankers.net/article/33260/bankdhofar-contributes-omr-1-million-towards-combating-covid-19 Earlier, BankDhofar had worked with the Ministry of Health to open a bank account dedicated to support the cause, encouraging customers and the general public to donate and contribute to fighting the spread of the disease Retail Banking The UAE's 2 biggest banks are seeking opportunities abroad — here is why News Aggregation Team Friday, March 27, 2020 12:00 am http://mebankers.net/article/33222/the-uaeamp039s-2-biggest-banks-are-seeking-opportunities-abroad-ampmdash-here-is-why "There are limitations to how fast you can grow organically in overseas markets," he said. Retail Banking Abu Dhabi banks offer loan and financial relief amid virus outbreak News Aggregation Team Friday, March 27, 2020 12:00 am http://mebankers.net/article/33241/abu-dhabi-banks-offer-loan-and-financial-relief-amid-virus-outbreak Abu Dhabi's stimulus package includes offering refinancing, loan repayment deferrals or lower repayments where required. Retail Banking Mashreq launches banking benefits package for UAE customers to ease financial impact of COVID-19 outbreak News Team Friday, March 27, 2020 12:00 am http://mebankers.net/article/33244/mashreq-launches-banking-benefits-package-for-uae-customers-to-ease-financial-impact-of-covid-19-outbreak Stimulus package available to existing and new customers from April 1 to June 30 Retail Banking KFH-Bahrain defers payment of installments without charges for six months News Team Thursday, March 26, 2020 12:00 am http://mebankers.net/article/33228/kfh-bahrain-defers-payment-of-installments-without-charges-for-six-months To all Bahraini and resident clients with no exception to ease their financial burden Retail Banking RAKBank to support coronavirus affected customers News Aggregation Team Wednesday, March 25, 2020 12:00 am http://mebankers.net/article/33203/rakbank-to-support-coronavirus-affected-customers The bank offers a range of relief meausres to customers amid Covid-19 pandemic Retail Banking NBB implements initiatives designed to support its individual customers News Team Wednesday, March 25, 2020 12:00 am http://mebankers.net/article/33207/nbb-implements-initiatives-designed-to-support-its-individual-customers Following the directives of the wise leadership Retail Banking Ithmaar Bank announces revised branch and office timings News Aggregation Team Wednesday, March 25, 2020 12:00 am http://mebankers.net/article/33215/ithmaar-bank-announces-revised-branch-and-office-timings The Bank, which was already following all MOH recommended sanitation protocols, has also started limiting the number of customers present in a branch at any given time and providing appropriate waiting arrangements to ensure customers are seated at least Retail Banking BBK to distribute $135m cash dividends for 2019 News Aggregation Team Wednesday, March 25, 2020 12:00 am http://mebankers.net/article/33216/bbk-to-distribute-135m-cash-dividends-for-2019 The BBK general assembly also approved the minutes of the ordinary general assembly meeting held last year in June. Retail Banking Why the stock market crash could be the buying opportunity of a lifetime News Aggregation Team Monday, March 30, 2020 1:00 am http://mebankers.net/article/33253/why-the-stock-market-crash-could-be-the-buying-opportunity-of-a-lifetime While some UAE residents are cashing in on lower equity prices, those new to investing should tread more carefully Alternative Investments UAE govt grants businesses 20% reduction in water, electricity bills as part of coronavirus aid package News Aggregation Team Friday, March 27, 2020 12:00 am http://mebankers.net/article/33243/uae-govt-grants-businesses-20-reduction-in-water-electricity-bills-as-part-of-coronavirus-aid-package Many businesses have been told to close during the coronavirus crisis Alternative Investments Dubai's Al Zarooni Group announces three-month rent waiver worth AED 25 million for mall tenants News Team Friday, March 27, 2020 12:00 am http://mebankers.net/article/33246/dubaiamp039s-al-zarooni-group-announces-three-month-rent-waiver-worth-aed-25-million-for-mall-tenants Rental relief for tenants at Mercato and Town Centre Jumeirah is part of support offered to retailers affected by COVID-19 outbreak Alternative Investments Gulf equity markets set to remain volatile in near term, says Kamco News Aggregation Team Friday, March 27, 2020 12:00 am http://mebankers.net/article/33247/gulf-equity-markets-set-to-remain-volatile-in-near-term-says-kamco Currently, investors can play the dividend opportunities that have emerged (more than 5% dividend yields), with certain dividend record dates beyond March 15, 2020. Alternative Investments Gulf dollar bonds rally as global markets rebound News Aggregation Team Thursday, March 26, 2020 12:00 am http://mebankers.net/article/33230/gulf-dollar-bonds-rally-as-global-markets-rebound Gulf bonds posted further gains on Wednesday Alternative Investments UAE banker to open investment management venture News Aggregation Team Thursday, March 26, 2020 12:00 am http://mebankers.net/article/33235/uae-banker-to-open-investment-management-venture Aimed at investors in the Middle East, Africa, India, southeast Asia, US and UK Alternative Investments Salama Insurance achieves AED 55 million net profit in 2019 News Team Thursday, March 26, 2020 12:00 am http://mebankers.net/article/33237/salama-insurance-achieves-aed-55-million-net-profit-in-2019 The Board of Directors recommends cash dividends Alternative Investments Global economies open cash taps and hope News Aggregation Team Wednesday, March 25, 2020 12:00 am http://mebankers.net/article/33204/global-economies-open-cash-taps-and-hope But even with all that promised funding, there is no guarantee pain will be any less Alternative Investments Abu Dhabi exchange ADX turned into a public joint shares company News Aggregation Team Wednesday, March 25, 2020 12:00 am http://mebankers.net/article/33208/abu-dhabi-exchange-adx-turned-into-a-public-joint-shares-company Abu Dhabi Securities Market (ADX) has been converted into a public joint shares company owned by a state entity ADQ, according to an Abu Dhabi government tweet Alternative Investments Egypt to pay pensioners five allowances News Aggregation Team Wednesday, March 25, 2020 12:00 am http://mebankers.net/article/33210/egypt-to-pay-pensioners-five-allowances The variable wage rate will be resettled by adding 80% of the private allowances Alternative Investments How Bill Gates, Jack Ma And 11 Other Billionaires Are Reacting To The Coronavirus Pandemic News Aggregation Team Tuesday, March 17, 2020 12:00 am http://mebankers.net/article/33059/how-bill-gates-jack-ma-and-11-other-billionaires-are-reacting-to-the-coronavirus-pandemic On Saturday, Airbnb CEO Brian Chesky announced on Twitter that the company will allow guests around the world to cancel and get their money refunded. Wealth & Asset Management Prince Alwaleed’s fortune loses a few billions here and there News Aggregation Team Thursday, March 12, 2020 12:00 am http://mebankers.net/article/33000/prince-alwaleedamprsquos-fortune-loses-a-few-billions-here-and-there A $22.3b decline places Saudi prince at No. 93 in global rich list Wealth & Asset Management Women and wealth: Is the financial industry misunderstanding women in the Middle East? News Aggregation Team Tuesday, March 10, 2020 12:00 am http://mebankers.net/article/32969/women-and-wealth-is-the-financial-industry-misunderstanding-women-in-the-middle-east Women’s wealth in the Middle East is on par with many developed markets, something which has been widely acknowledged over the past decade. Wealth & Asset Management Pagani, the Italian luxury hypercar manufacturer, opens first personalisation studio in Dubai News Aggregation Team Sunday, February 16, 2020 12:00 am http://mebankers.net/article/32656/pagani-the-italian-luxury-hypercar-manufacturer-opens-first-personalisation-studio-in-dubai New office is in Dubai Design District; limited edition Huarya Roadster BC is on show! Wealth & Asset Management A new decade, a new path for investments News Team Monday, January 27, 2020 12:00 am http://mebankers.net/article/32380/a-new-decade-a-new-path-for-investments “It’s a new path for investments, but sometimes, new paths lead you to the most interesting sights” says Willem Sels. Wealth & Asset Management How Switzerland’s oldest private bank is evolving for its growing Middle East client base News Aggregation Team Wednesday, January 22, 2020 12:00 am http://mebankers.net/article/32334/how-switzerlandamprsquos-oldest-private-bank-is-evolving-for-its-growing-middle-east-client-base Lombard Odier aims to keep up with the times by integrating technology, sustainable investing and Islamic finance Wealth & Asset Management Family Office structures in the Middle East on the rise driven by global outlook News Aggregation Team Monday, January 20, 2020 12:00 am http://mebankers.net/article/32295/family-office-structures-in-the-middle-east-on-the-rise-driven-by-global-outlook As a result, the research underlines a growing demand for legacy plans to be based on international best practice (58%) and greater awareness of the impact of governance and regulation (58%). Wealth & Asset Management Qatar-backed private bank plots hiring spree in global push News Aggregation Team Thursday, January 16, 2020 12:00 am http://mebankers.net/article/32243/qatar-backed-private-bank-plots-hiring-spree-in-global-push Quintet’s expansion reflects intensifying competition in private banking Wealth & Asset Management Julius Baer launches inaugural Global Wealth and Lifestyle Report 2020 News Team Thursday, January 16, 2020 12:00 am http://mebankers.net/article/32242/julius-baer-launches-inaugural-global-wealth-and-lifestyle-report-2020 The inaugural edition of Julius Baer’s Global Wealth and Lifestyle Report showcases the trends in high-end consumption around the world, which are of relevance to our clients. Wealth & Asset Management Quarter of Middle East's wealth management clients planning to switch News Aggregation Team Tuesday, January 14, 2020 12:00 am http://mebankers.net/article/32203/quarter-of-middle-eastamp039s-wealth-management-clients-planning-to-switch Customers in the region are moving away from traditional wealth management providers such as private banks and fund managers. Wealth & Asset Management In Self-Isolation? Try these Free Online Courses for you and your Family News Team Monday, March 30, 2020 1:00 am http://mebankers.net/article/33259/in-self-isolation-try-these-free-online-courses-for-you-and-your-family ModPo is a fast-paced introduction to modern and contemporary poetry, with an emphasis on experimental verse, from Emily Dickinson and Walt Whitman to the present. FinTech Cybersecurity tactics for the coronavirus pandemic News Team Monday, March 30, 2020 1:00 am http://mebankers.net/article/33261/cybersecurity-tactics-for-the-coronavirus-pandemic The COVID-19 pandemic has presented chief information security officers (CISOs) and their teams with two immediate priorities. FinTech Batelco introduces same-day home delivery to serve its customers News Team Friday, March 27, 2020 12:00 am http://mebankers.net/article/33245/batelco-introduces-same-day-home-delivery-to-serve-its-customers Batelco's support channels, batelco.com, Batelco App, Live Chat and WhatsApp Sales, will be accepting orders for devices and services. FinTech Rise, GCC’S leading FinTech platform for modest-income migrants raises seven-figure investment led by MEVP News Aggregation Team Thursday, March 26, 2020 12:00 am http://mebankers.net/article/33218/rise-gccamprsquos-leading-fintech-platform-for-modest-income-migrants-raises-seven-figure-investment-led-by-mevp The suite of services offered by Rise includes the ‘no minimum balance’ bank accounts, remittances, consumer loans in both UAE and migrant home countries, and bespoke insurance products. FinTech Digital stability: How technology can empower future generations in the Middle East News Team Thursday, March 26, 2020 12:00 am http://mebankers.net/article/33223/digital-stability-how-technology-can-empower-future-generations-in-the-middle-east The upward trend in internet penetration rates – which vary by country – is driven by the declining cost of smartphones and mobile internet access. FinTech Top Global Digital Intelligence Trends for 2020 News Team Wednesday, March 25, 2020 12:00 am http://mebankers.net/article/33200/top-global-digital-intelligence-trends-for-2020 2020 Annual Digital Intelligence Industry Benchmark Report Reveals Law Enforcement Agencies Have a Growing Reliance on Data Analysis with 90 Percent of Cases Involving Digital Devices & Cloud Applications FinTech Saudi job seekers urged to use online career platform News Aggregation Team Wednesday, March 25, 2020 12:00 am http://mebankers.net/article/33206/saudi-job-seekers-urged-to-use-online-career-platform Subol informs about skills required in the Saudi labor market, listing high-in-demand professions and giving professional guidance FinTech Personetics partners with the Avaloq.one Ecosystem News Team Tuesday, March 24, 2020 12:00 am http://mebankers.net/article/33191/personetics-partners-with-the-avaloqone-ecosystem This is the latest international addition to the growing list of selected fintechs on Avaloq.one FinTech UAE FinTech platform Rise raises over $1 million for GCC expansion News Aggregation Team Tuesday, March 24, 2020 12:00 am http://mebankers.net/article/33194/uae-fintech-platform-rise-raises-over-1-million-for-gcc-expansion The start-up offers financial products and services for modest-income migrants FinTech Mayer Brown launches multifaceted COVID-19 support platform News Team Friday, March 20, 2020 12:00 am http://mebankers.net/article/33138/mayer-brown-launches-multifaceted-covid-19-support-platform New platform includes web portal, blog and global travel tool FinTech Khalifa Foundation receives donation from Dubai Islamic Bank News Team Tuesday, March 24, 2020 12:00 am http://mebankers.net/article/33197/khalifa-foundation-receives-donation-from-dubai-islamic-bank Al Khouri stressed that the foundation aims to strengthen its partnerships with government authorities, banks, companies, key sponsors and strategic partners to help mitigate the impact of the pandemic. Islamic Finance Al Salam bank AGM approves dividend distribution of 8% of paid up capital News Team Friday, March 20, 2020 12:00 am http://mebankers.net/article/33135/al-salam-bank-agm-approves-dividend-distribution-of-8-of-paid-up-capital The dividend distribution comprises of 4% cash dividends equating to BD 8.863 million and 4% bonus shares equating to 88.634 million shares (one share for each 25 shares in ASBB). Islamic Finance Bank Nizwa Discusses Growth of Islamic Finace With Local Treasury Dealers and Financial Institutions News Aggregation Team Tuesday, March 17, 2020 12:00 am http://mebankers.net/article/33073/bank-nizwa-discusses-growth-of-islamic-finace-with-local-treasury-dealers-and-financial-institutions Moreover, Islamic banking in Oman has shown robust growth with Islamic banking entities providing financing to a record of RO 4 billion by the end of 2019, a growth of 11%. Islamic Finance Al Wifaq International Islamic Bank selects ICSFS core banking package News Team Monday, March 16, 2020 12:00 am http://mebankers.net/article/33055/al-wifaq-international-islamic-bank-selects-icsfs-core-banking-package The selection process took six months, where ICSFS showcased the most agile software application, embracing high security and scalability, dynamic product building, unified solutions with smooth processes across business lines and a wide range of digital Islamic Finance Emirates Islamic enhances digital leadership by launching the first branch with Interactive Teller Machines News Team Monday, March 09, 2020 12:00 am http://mebankers.net/article/32943/emirates-islamic-enhances-digital-leadership-by-launching-the-first-branch-with-interactive-teller-machines Interactive teller machine offers extended branch hours, enhanced services with a human touch Islamic Finance ADIB launches new forex digital platform News Aggregation Team Thursday, March 05, 2020 12:00 am http://mebankers.net/article/32904/adib-launches-new-forex-digital-platform ADIB has launched a new platform named ADIB Direct eFX to enable customers to get better online foreign exchange rates for international transfers Islamic Finance Turkey to issue gold-backed bond, sukuk News Aggregation Team Tuesday, March 03, 2020 12:00 am http://mebankers.net/article/32863/turkey-to-issue-gold-backed-bond-sukuk The bond and sukuk will have a six-month periodic rent rate of 0.5%. Islamic Finance UAE's Gulf Islamic Investments buys New York office building News Aggregation Team Monday, March 02, 2020 12:00 am http://mebankers.net/article/32849/uaeamp039s-gulf-islamic-investments-buys-new-york-office-building Firm exploring similar opportunities in Paris Islamic Finance Islamic Development Bank sells $2bln five-year sukuk - document News Aggregation Team Friday, February 21, 2020 12:00 am http://mebankers.net/article/32736/islamic-development-bank-sells-2bln-five-year-sukuk-document The bank, which had began marketing the notes at the high-40s bps over mid-swaps on Tuesday Islamic Finance Bank ABC Islamic announces 16.5% increase in 2019 year-end net profit to US$37.3 million News Team Thursday, February 20, 2020 12:00 am http://mebankers.net/article/32718/bank-abc-islamic-announces-165-increase-in-2019-year-end-net-profit-to-us373-million The total operating income as well as net profitability has seen double digit growth as compared to 2018. Islamic Finance Qatar realty sector sees 53 property deals exceeding QR328mn between March 15 and 19: Ezdan News Aggregation Team Friday, March 27, 2020 12:00 am http://mebankers.net/article/33248/qatar-realty-sector-sees-53-property-deals-exceeding-qr328mn-between-march-15-and-19-ezdan According to Ezdan, Doha Municipality accounted for the highest deal in terms of value pertaining to the sale of a residential complex in Old Airport area spanning over 7,274 square metres, at QR766 per square foot, with an aggregate value of QR60mn, Research, Comment and Analysis Fast pandemic response could tackle climate crisis News Aggregation Team Friday, March 27, 2020 12:00 am http://mebankers.net/article/33250/fast-pandemic-response-could-tackle-climate-crisis Societies worldwide are changing overnight to meet the coronavirus threat. The climate crisis should match the rapid pandemic response. Research, Comment and Analysis Qatar Airways offers 10 per cent bonus on rebookings, commits to continue flights News Aggregation Team Thursday, March 26, 2020 12:00 am http://mebankers.net/article/33221/qatar-airways-offers-10-per-cent-bonus-on-rebookings-commits-to-continue-flights Customers must still pay any additional fare differences for their new ticket. Research, Comment and Analysis The Future of Work at Home News Team Wednesday, March 25, 2020 12:00 am http://mebankers.net/article/33201/the-future-of-work-at-home Since the coronavirus struck, millions are suddenly having to work from home. Here are a few tips from someone who’s been doing it, happily, for 20 years. Research, Comment and Analysis $6.6 billion - NMC Health's total debt as of now News Aggregation Team Wednesday, March 25, 2020 12:00 am http://mebankers.net/article/33202/66-billion-nmc-healthamp039s-total-debt-as-of-now UAE hospital operator is now burdened with more debt obligations than it thought it had Research, Comment and Analysis The Decline and Fall of the Gulf's Oil Empire Is Looming News Aggregation Team Monday, March 23, 2020 12:00 am http://mebankers.net/article/33150/the-decline-and-fall-of-the-gulfamp039s-oil-empire-is-looming The current price war in oil markets will only hasten the moment when the unsustainable nature of Gulf economies faces a brutal reckoning. Research, Comment and Analysis Taking Care of Your Mental Health in the Face of Uncertainty News Team Monday, March 23, 2020 12:00 am http://mebankers.net/article/33152/taking-care-of-your-mental-health-in-the-face-of-uncertainty This very reaction, while there to protect us, can cause all sorts of havoc when there is a sense of uncertainty and conflicting information around us. Research, Comment and Analysis GCC markets end in red; volatility set to continue News Aggregation Team Monday, March 23, 2020 12:00 am http://mebankers.net/article/33166/gcc-markets-end-in-red-volatility-set-to-continue Equity markets are observing unprecedented times as the coronavirus pandemic has caused significant worldwide economic disruption. Research, Comment and Analysis 10 home quarantine activities to keep boredom at bay News Aggregation Team Monday, March 23, 2020 12:00 am http://mebankers.net/article/33173/10-home-quarantine-activities-to-keep-boredom-at-bay To give you some good courage and to prevent boredom Research, Comment and Analysis Top 15 Inspiring Egyptians of the Decade in Business and Entrepreneurship News Aggregation Team Sunday, March 22, 2020 12:00 am http://mebankers.net/article/33149/top-15-inspiring-egyptians-of-the-decade-in-business-and-entrepreneurship This significant improvement was fueled by the government’s success in securing a three-year International Monetary Fund loan of $12 billion in 2016, as part of efforts to revive the country’s ailing economy. Research, Comment and Analysis OIII3Bank debuts in Dubai, begins operation in April News Aggregation Team Wednesday, March 25, 2020 12:00 am http://mebankers.net/article/33212/oiii3bank-debuts-in-dubai-begins-operation-in-april As OIII3 Bank offers innovative financial products, it is conscious of the green environment and planet safety. Investment Bank Barclays cuts 2020 crude forecasts by $12 on virus, OPEC+ deal collapse News Aggregation Team Tuesday, March 24, 2020 12:00 am http://mebankers.net/article/33195/barclays-cuts-2020-crude-forecasts-by-12-on-virus-opec-deal-collapse Barclays also forecast global available onshore storage capacity at about 1.5 billion barrels with an estimated oversupply of over 5 million barrels per day (bpd) for this year and an oversupply of 10 million bpd on average for second quarter. Investment Bank Fiorano Drives Digitalization at Crédit Agricole with Flexcube Core Banking System Integration News Team Wednesday, March 11, 2020 12:00 am http://mebankers.net/article/32984/fiorano-drives-digitalization-at-crampeacutedit-agricole-with-flexcube-core-banking-system-integration The bank’s strategy was to have a new integration platform that would ensure data migration of existing parameters and business logic seamlessly. Investment Bank Saudi British Bank reports profit of SR2.812 billion for 2019 News Aggregation Team Friday, March 06, 2020 12:00 am http://mebankers.net/article/32920/saudi-british-bank-reports-profit-of-sr2812-billion-for-2019 The loans and advances for the year ended Dec. 31, 2019 were estimated at SR154.7 billion, an increase of SR44.4 billion, or 40.3 percent, from SR110.3 billion for the year ended Dec. 31, 2018. Investment Bank Bahrain's GFH buys 70% stake in Dubai Fintech major Marshal News Aggregation Team Wednesday, February 19, 2020 12:00 am http://mebankers.net/article/32704/bahrainamp039s-gfh-buys-70-stake-in-dubai-fintech-major-marshal Dubai-headquartered Marshal, established in 1981, is the largest and oldest enabler of payment technology in the Middle East Investment Bank StanChart betting big on Shariah-based banking News Aggregation Team Tuesday, February 18, 2020 12:00 am http://mebankers.net/article/32693/stanchart-betting-big-on-shariah-based-banking Bangladesh is a key focus for its large Muslim population Investment Bank Bahrain's GFH reports Q4 profit drop as impairment charges climb News Aggregation Team Thursday, February 13, 2020 12:00 am http://mebankers.net/article/32635/bahrainamp039s-gfh-reports-q4-profit-drop-as-impairment-charges-climb The bank’s full-year 2019 profit also declined 29.8 per cent to $80.1m Investment Bank HSBC launches Jade, a special bank account for millionaires News Aggregation Team Thursday, February 06, 2020 12:00 am http://mebankers.net/article/32536/hsbc-launches-jade-a-special-bank-account-for-millionaires UAE’s millionaires among the youngest around the world Investment Bank Egypt to sell stake of Bank of Cairo News Team Wednesday, February 05, 2020 12:00 am http://mebankers.net/article/32508/egypt-to-sell-stake-of-bank-of-cairo Country has plans to offer stakes of several state-owned companies in the stock exchange. Investment Bank Kuwait plans to lay off 25,000 expatriates, replace them with citizens News Aggregation Team Friday, January 31, 2020 12:00 am http://mebankers.net/article/32464/kuwait-plans-to-lay-off-25000-expatriates-replace-them-with-citizens "There is a plan to set a timeline to prioritise appointing Kuwaiti women's children in various state bodies." Investment Bank Coronavirus: Jordan's ailing economy rocked by spread of virus News Aggregation Team Monday, March 30, 2020 1:00 am http://mebankers.net/article/33262/coronavirus-jordanamp039s-ailing-economy-rocked-by-spread-of-virus Jordan's struggling economy suffers heavy blow as containment measures puts its recovery in jeopardy Covid-19 Covid-19: How to disinfect your vehicle and stay protected News Aggregation Team Friday, March 27, 2020 12:00 am http://mebankers.net/article/33224/covid-19-how-to-disinfect-your-vehicle-and-stay-protected With COVID-19 spreading across the globe, the need for all of us to practise good hygiene has never been greater. Covid-19 Turks fear losing jobs amid pandemic News Aggregation Team Friday, March 27, 2020 12:00 am http://mebankers.net/article/33242/turks-fear-losing-jobs-amid-pandemic Private pollsters’ survey shows about 68 percent are more concerned about unemployment than the virus itself Covid-19 Emirates Tells Costumers: ‘Wait a Year for Refunds on Cancelled Flights News Aggregation Team Friday, March 27, 2020 12:00 am http://mebankers.net/article/33251/emirates-tells-costumers-amplsquowait-a-year-for-refunds-on-cancelled-flights Dubai-based airline offers ‘no extra fare’ offer for up to two years Covid-19 Islamic Corporation for the Development of the Private Sector Emergency Response to the Impact of the COVID-19 Pandemic News Team Thursday, March 26, 2020 12:00 am http://mebankers.net/article/33226/islamic-corporation-for-the-development-of-the-private-sector-emergency-response-to-the-impact-of-the-covid-19-pandemic ICD strongly believes in its member countries’ capability to cope with these adverse impacts of COVID-19 and assures them of ICD’s full support Covid-19 Critical illness cover will protect UAE expats hit by covid-19 News Aggregation Team Thursday, March 26, 2020 12:00 am http://mebankers.net/article/33234/critical-illness-cover-will-protect-uae-expats-hit-by-covid-19 After insurers told to treat virus cases as emergencies, even for uninsured patients Covid-19 Covid-19: Saudi delivery app raises funds as virus lockdown boosts demand News Aggregation Team Thursday, March 26, 2020 12:00 am http://mebankers.net/article/33238/covid-19-saudi-delivery-app-raises-funds-as-virus-lockdown-boosts-demand Nana raised $18 million from investors including venture capital fund STV and Middle East Venture Partners Covid-19 Commercial Bank International to support COVID-19 impacted customers News Aggregation Team Wednesday, March 25, 2020 12:00 am http://mebankers.net/article/33249/commercial-bank-international-to-support-covid-19-impacted-customers Bank to offer relief to all segments of its customers Covid-19 Coronavirus postpones IPOs of Banque du Caire, TAQA Arabia News Aggregation Team Tuesday, March 24, 2020 12:00 am http://mebankers.net/article/33179/coronavirus-postpones-ipos-of-banque-du-caire-taqa-arabia Investment bank EFG Hermes is managing Banque du Caire offering and co-managing TAQA Arabia IPO along with HSBC Covid-19 Coronavirus regulation for the working hours of banks News Aggregation Team Tuesday, March 24, 2020 12:00 am http://mebankers.net/article/33182/coronavirus-regulation-for-the-working-hours-of-banks Banks willing to determine working hours and customer acceptance hours flexibly. Covid-19