Managers of Wealth - Middle East http://mebankers.net/ Fri, 24 Jan 2020 18:05:43 GMT part of MediaG8way Group http://mebankers.net/ http://mebankers.net/assets/images/logo.png Managers of Wealth - Middle East KohanaPHP Leading UAE Corporate Finance attorney Joins Rimon Law in new Dubai office News Team Tuesday, January 21, 2020 12:00 am http://mebankers.net/article/32314/leading-uae-corporate-finance-attorney-joins-rimon-law-in-new-dubai-office The firm, founded in San Francisco, has brought on partners from Gibson, Dunn & Crutcher, Herbert Smith Freehills, and Baker McKenzie to open up shop in Dubai, Berlin and Sydney, respectively. On the Move Dubai wealth fund CEO to replace Nakheel chairman News Aggregation Team Tuesday, January 21, 2020 12:00 am http://mebankers.net/article/32318/dubai-wealth-fund-ceo-to-replace-nakheel-chairman Nakheel confirmed that Ali Lootah will step down after 10 years in the role On the Move Shalini Warrier Appointed as Executive Director of Federal Bank News Aggregation Team Monday, January 20, 2020 12:00 am http://mebankers.net/article/32293/shalini-warrier-appointed-as-executive-director-of-federal-bank Before joining Federal Bank, she had worked with Standard Chartered Bank in multiple disciplines across various geographies that include India, Brunei, Indonesia, Singapore and United Arab Emirates. On the Move deVere Acuma appoints John McKellar as new General Manager for UAE News Team Monday, January 20, 2020 12:00 am http://mebankers.net/article/32294/devere-acuma-appoints-john-mckellar-as-new-general-manager-for-uae Based in deVere Acuma’s Marina Plaza office in Dubai Marina On the Move Tarek El Nahas to join Mashreq as Head of International Banking News Team Monday, January 20, 2020 12:00 am http://mebankers.net/article/32297/tarek-el-nahas-to-join-mashreq-as-head-of-international-banking Tarek spent 25 years at Citibank, most recently as the Head of Corporate and Investment Banking for North Africa, Egypt and Levant, managing teams across 6 countries in the MENA region On the Move Dubai's Noor Bank CEO to leave amid merger with DIB: sources News Aggregation Team Friday, January 17, 2020 12:00 am http://mebankers.net/article/32263/dubaiamp039s-noor-bank-ceo-to-leave-amid-merger-with-dib-sources The resignation came as shareholders of both Dubai Islamic Bank, the United Arab Emirates largest sharia-compliant bank, and Noor Bank approved the acquisition last month. On the Move Prime Securities appoints Shawkat El Maraghy managing director News Team Friday, January 10, 2020 12:00 am http://mebankers.net/article/32159/prime-securities-appoints-shawkat-el-maraghy-managing-director Hany Genena appointed head of research On the Move Falcon makes three big hires in Asia and Middle East News Aggregation Team Thursday, January 09, 2020 12:00 am http://mebankers.net/article/32134/falcon-makes-three-big-hires-in-asia-and-middle-east Meanwhile, Farooq Siddiqi has been brought in as CEO of Southeast Asia, a role he took on in November. On the Move Savills strengthens MENA international residential team with Key Hire News Team Thursday, January 09, 2020 12:00 am http://mebankers.net/article/32138/savills-strengthens-mena-international-residential-team-with-key-hire Stan Ennor-Glynn as Head of International Residential Sales Middle East in their Dubai Office. On the Move New Head of Lombard Odier in Dubai as the bank continues to attract top talent to the region News Team Wednesday, January 08, 2020 12:00 am http://mebankers.net/article/32132/new-head-of-lombard-odier-in-dubai-as-the-bank-continues-to-attract-top-talent-to-the-region Guy Olivier Bambule as Local Managing Director of Lombard Odier’s Representative Office in Dubai On the Move Egypt wants to raise its sovereign wealth fund’s capital to $63bln News Aggregation Team Thursday, January 23, 2020 12:00 am http://mebankers.net/article/32340/egypt-wants-to-raise-its-sovereign-wealth-fundamprsquos-capital-to-63bln To this end, it intends to implement structural plans in promising sectors, mainly manufacturing, wholesale and retail trade, tourism, construction, real estate, ICT, mining and agriculture. Legal, Tax, Regulation & Compliance Explainer: Can Lebanon's new government revive the economy? News Aggregation Team Thursday, January 23, 2020 12:00 am http://mebankers.net/article/32341/explainer-can-lebanonamp039s-new-government-revive-the-economy With many of the international sovereign bonds trading at less than half their face value, market observers see an increasing likelihood of Lebanon struggling to repay some of its obligations and seek a restructuring with creditors at some point. Legal, Tax, Regulation & Compliance New report to explore Qatar’s evolving tax regime News Aggregation Team Thursday, January 23, 2020 12:00 am http://mebankers.net/article/32342/new-report-to-explore-qataramprsquos-evolving-tax-regime OBG will consider what other indirect taxes are likely to follow as the leadership moves forward with its plans to diversify the economy in line with the Vision 2030, such as the highly anticipated Value Added Tax. Legal, Tax, Regulation & Compliance Turkish bank probe ‘casts wide net over trading in financial sector’ News Aggregation Team Thursday, January 23, 2020 12:00 am http://mebankers.net/article/32343/turkish-bank-probe-amplsquocasts-wide-net-over-trading-in-financial-sectoramprsquo Two Turkish broadcasters have said that more than 20 banks are involved. Legal, Tax, Regulation & Compliance Online facility to reclaim VAT on new homes in UAE News Aggregation Team Thursday, January 23, 2020 12:00 am http://mebankers.net/article/32346/online-facility-to-reclaim-vat-on-new-homes-in-uae The number of original documents that need to be submitted with the application has been reduced Legal, Tax, Regulation & Compliance Shuaa Capital prices, issues GFH’s $300m sukuk News Aggregation Team Thursday, January 23, 2020 12:00 am http://mebankers.net/article/32347/shuaa-capital-prices-issues-gfhamprsquos-300m-sukuk The sukuk saw strong participation from international investors and regional investors Legal, Tax, Regulation & Compliance India and UAE take landmark step to stop expats fleeing debt News Aggregation Team Thursday, January 23, 2020 12:00 am http://mebankers.net/article/32355/india-and-uae-take-landmark-step-to-stop-expats-fleeing-debt Officially making the UAE a reciprocating territory will ease process for a court verdict in India Legal, Tax, Regulation & Compliance DFSA hosts IFIAR's Leadership News Team Thursday, January 23, 2020 12:00 am http://mebankers.net/article/32358/dfsa-hosts-ifiaramp039s-leadership The DFSA engages actively with IFIAR, contributing significantly towards its mission of serving the public interest and enhancing investor protection by improving audit quality globally. Legal, Tax, Regulation & Compliance Al Salam Bank Strengthens Ties with Seychelles News Team Wednesday, January 22, 2020 12:00 am http://mebankers.net/article/32326/al-salam-bank-strengthens-ties-with-seychelles They discussed the ongoing progress at Al Salam Bank-Seychelles, a joint venture between ASBB and the Seychelles Pension Fund, and its contribution to the development of the domestic financial services industry in the Seychelles. Legal, Tax, Regulation & Compliance New Lebanon finance minister appeals for international support News Aggregation Team Wednesday, January 22, 2020 12:00 am http://mebankers.net/article/32331/new-lebanon-finance-minister-appeals-for-international-support Ghazi Wazni says government must decide on maturing $1.2b Eurobond Legal, Tax, Regulation & Compliance Qatar commercial banks’ assets jump 9% in 2019 News Aggregation Team Friday, January 24, 2020 12:00 am http://mebankers.net/article/32360/qatar-commercial-banksamprsquo-assets-jump-9-in-2019 The credit activities under non-banking financial institutions witnessed a more than 7% year-on-year decline to QR11.52bn during the review period. Retail Banking FAB confirms acquisition talks with Bank Audi-Egypt News Aggregation Team Friday, January 24, 2020 12:00 am http://mebankers.net/article/32361/fab-confirms-acquisition-talks-with-bank-audi-egypt Bank says no certainty so far that talks will result in deal Retail Banking Egyptian FRA approves CIB’s capital hike News Aggregation Team Friday, January 24, 2020 12:00 am http://mebankers.net/article/32367/egyptian-fra-approves-cibamprsquos-capital-hike The capital hike aims to release the shares distributed as part of the bank's employee incentive program in its eleventh year Retail Banking Bank ABC Named Best Trade Finance Provider in Bahrain by Global Finance Magazine News Team Thursday, January 23, 2020 12:00 am http://mebankers.net/article/32350/bank-abc-named-best-trade-finance-provider-in-bahrain-by-global-finance-magazine Global Finance has recognised the best trade finance banks in around 50 countries, including the Middle East region. Retail Banking Alizz-OAB merger to provide customers with better services News Aggregation Team Thursday, January 23, 2020 12:00 am http://mebankers.net/article/32356/alizz-oab-merger-to-provide-customers-with-better-services This widespread geographical presence expanding from one end of the country to the other will prove to be an excellent complimentary factor that would lay the perfect platform for the creation of a strong Bank and provide our customers with services acros Retail Banking Dubai Islamic Bank completes the acquisition of Noor Bank News Aggregation Team Thursday, January 23, 2020 12:00 am http://mebankers.net/article/32351/dubai-islamic-bank-completes-the-acquisition-of-noor-bank The transaction was completed through a share swap after receiving all the necessary approvals from regulatory authorities Retail Banking Qatar- Banks' assets and liabilities jump to QR1,549.6bn News Aggregation Team Wednesday, January 22, 2020 12:00 am http://mebankers.net/article/32330/qatar-banksamp039-assets-and-liabilities-jump-to-qr15496bn Investments abroad have remained stable for the past two years, with limited changes, reaching QR59bn in December 2019. Retail Banking NBK reports 2019 net profit of KD 401.3 News Team Tuesday, January 21, 2020 12:00 am http://mebankers.net/article/32298/nbk-reports-2019-net-profit-of-kd-4013 The Bank remains firmlycommitted to New Kuwait 2035 and is taking confident steps towards supporting its delivery. Retail Banking KFH on the acquisition of Ahli United Bank News Team Tuesday, January 21, 2020 12:00 am http://mebankers.net/article/32315/kfh-on-the-acquisition-of-ahli-united-bank Ordinary and Extraordinary General Assembly Meetings And Public Press Conference Retail Banking Alizz Islamic Bank approves share swap for proposed merger with OAB News Aggregation Team Tuesday, January 21, 2020 12:00 am http://mebankers.net/article/32300/alizz-islamic-bank-approves-share-swap-for-proposed-merger-with-oab The successful completion of the proposed merger would provide Oman Arab Bank with a larger Islamic franchise and asset base, allowing the bank to improve its interest income and deposit-gathering ability. Retail Banking Middle East investments in US real estate soar during 2019 News Aggregation Team Friday, January 24, 2020 12:00 am http://mebankers.net/article/32362/middle-east-investments-in-us-real-estate-soar-during-2019 Knight Frank says investment into the US from the Middle East has more than doubled in the past year, accounting for 15.4% of all global deals Alternative Investments Christie's cancels Dubai sale of Middle Eastern art News Aggregation Team Friday, January 24, 2020 12:00 am http://mebankers.net/article/32364/christieamp039s-cancels-dubai-sale-of-middle-eastern-art March auction will return to the Emirate in spring 2021, but is cancelled this year due to new strategy and constrained supply of works Alternative Investments Bahraini investments in Egypt amount to $3.2bln News Aggregation Team Friday, January 24, 2020 12:00 am http://mebankers.net/article/32370/bahraini-investments-in-egypt-amount-to-32bln These investments are focused on finance, constructions, manufacturing, agriculture, tourism, services, telecom, and information technology Alternative Investments Australia's CIMIC expects to take $1.8bn hit on Middle East exit News Aggregation Team Friday, January 24, 2020 12:00 am http://mebankers.net/article/32365/australiaamp039s-cimic-expects-to-take-18bn-hit-on-middle-east-exit Company bought a 45% stake what was formerly known as Habtoor Leighton Group, for A$870m in 2007 Alternative Investments Bahrain's Investcorp raises $130m for Indian affordable housing initiative News Aggregation Team Friday, January 24, 2020 12:00 am http://mebankers.net/article/32368/bahrainamp039s-investcorp-raises-130m-for-indian-affordable-housing-initiative Initiative will focus on projects in the affordable and mid-market housing segment in the top seven cities in India Alternative Investments Dubai property achieves supply-demand balance, prices hit lowest mark: developers News Aggregation Team Thursday, January 23, 2020 12:00 am http://mebankers.net/article/32345/dubai-property-achieves-supply-demand-balance-prices-hit-lowest-mark-developers Data by real estate consultancies shows that sales have jumped as properties become more affordable Alternative Investments Gulf governments will rely less on bond markets this year News Aggregation Team Thursday, January 23, 2020 12:00 am http://mebankers.net/article/32352/gulf-governments-will-rely-less-on-bond-markets-this-year Cumulative gross financing needs of the GCC will narrow in 2020 on the back of prudent spending and higher oil prices, MUFG says Alternative Investments CBO issues treasury bills worth OMR65 million News Aggregation Team Wednesday, January 22, 2020 12:00 am http://mebankers.net/article/32325/cbo-issues-treasury-bills-worth-omr65-million The treasury bills are short-term highly secured financial instruments issued by the CBO on behalf of the government, which help the licensed commercial banks to gainfully invest their surplus funds. Alternative Investments Saudi Arabia issues US$5b of bonds as Gulf tensions ease News Aggregation Team Wednesday, January 22, 2020 12:00 am http://mebankers.net/article/32336/saudi-arabia-issues-us5b-of-bonds-as-gulf-tensions-ease The kingdom issued US$5 billion of debt, taking advantage of low borrowing costs globally. Alternative Investments Saudi investors in talks to buy London’s Ritz hotel, says report News Aggregation Team Tuesday, January 21, 2020 12:00 am http://mebankers.net/article/32311/saudi-investors-in-talks-to-buy-londonamprsquos-ritz-hotel-says-report Barclay brothers said to want £750m for landmark property Alternative Investments 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 23% of wealth management clients in Middle East are looking to switch providers over next three years: EY News Aggregation Team Monday, January 13, 2020 12:00 am http://mebankers.net/article/32174/23-of-wealth-management-clients-in-middle-east-are-looking-to-switch-providers-over-next-three-years-ey Clients in the Middle East are more likely to reevaluate their wealth management providers Wealth & Asset Management How a fake Saudi Prince conned investors out of nearly $8 millionu News Aggregation Team Tuesday, January 07, 2020 12:00 am http://mebankers.net/article/32103/how-a-fake-saudi-prince-conned-investors-out-of-nearly-8-millionu Khalid regularly drove around the luxury enclave in a 2016 Ferrari California (with a base price of roughly $200,000) sporting diplomatic license plates and a security detail. Wealth & Asset Management Kuwait Unicap pens $20mln credit facility agreement News Aggregation Team Tuesday, January 07, 2020 12:00 am http://mebankers.net/article/32109/kuwait-unicap-pens-20mln-credit-facility-agreement Unicap aims to repay loans to local banks and increase investments in real estate Wealth & Asset Management UBS overhauls European wealth management business - memo News Aggregation Team Tuesday, January 07, 2020 12:00 am http://mebankers.net/article/32113/ubs-overhauls-european-wealth-management-business-memo It did not specify the extent of job cuts to accompany the revamp. Wealth & Asset Management 8 out of 10 millennials now prioritise responsible investing News Team Thursday, January 02, 2020 12:00 am http://mebankers.net/article/32050/8-out-of-10-millennials-now-prioritise-responsible-investing Indeed, Environmental Social and Governance considerations now sit at the heart of that process. Wealth & Asset Management RAKBANK launches full product suite of Corporate Payment Solutions in partnership with Mastercard News Aggregation Team Friday, January 24, 2020 12:00 am http://mebankers.net/article/32363/rakbank-launches-full-product-suite-of-corporate-payment-solutions-in-partnership-with-mastercard RAKBANK Corporate Purchase Card, Corporate Executive T&E Card and B2B Virtual Card payment solution unveiled for the UAE Market FinTech MoneyGram taps Suez Canal Bank for remittances in Egypt News Aggregation Team Friday, January 24, 2020 12:00 am http://mebankers.net/article/32366/moneygram-taps-suez-canal-bank-for-remittances-in-egypt “We’re excited about how this partnership with Suez Canal Bank will provide our customers in Egypt with cutting-edge capabilities that offer the industry’s best service.” FinTech DIFC’s FinTech Hive launches new start-up ‘Scale Up Programme’ News Aggregation Team Thursday, January 23, 2020 12:00 am http://mebankers.net/article/32353/difcamprsquos-fintech-hive-launches-new-start-up-amplsquoscale-up-programmeamprsquo DIFC's FinTech Hive Scale Up programme benefits scaleups by helping them grow through strategic partnerships FinTech Middle East, Turkey and Africa to spend top dollar on innovation, digital transformation News Aggregation Team Thursday, January 23, 2020 12:00 am http://mebankers.net/article/32354/middle-east-turkey-and-africa-to-spend-top-dollar-on-innovation-digital-transformation Additionally, spending on artificial intelligence will top US$600-million in 2023, doubling from 2018 levels, while IOT spending will reach US$17-billion in 2023, six times the value seen in 2018. FinTech Microsoft Announces Plan To Launch Cloud Data Centre Region In Israel News Aggregation Team Thursday, January 23, 2020 12:00 am http://mebankers.net/article/32357/microsoft-announces-plan-to-launch-cloud-data-centre-region-in-israel This investment expands the company’s global cloud infrastructure to 56 cloud regions in 21 countries with the new Israel region anticipated to be available by 2021. FinTech SA, Egyptian fintech startups selected for Startupbootcamp accelerator in Dubai News Aggregation Team Thursday, January 23, 2020 12:00 am http://mebankers.net/article/32359/sa-egyptian-fintech-startups-selected-for-startupbootcamp-accelerator-in-dubai The programme began earlier this month and concludes with a demo day in April. FinTech Samsung Pay Expands in the UAE With New Bank Partnerships News Team Wednesday, January 22, 2020 12:00 am http://mebankers.net/article/32333/samsung-pay-expands-in-the-uae-with-new-bank-partnerships Samsung Pay is a simple and intuitive mobile payment service, which ensures swift and secure transactions for customers who can just swipe or tap their credit or debit cards to make purchases almost anywhere. FinTech Dubai’s Sarwa raises $8.4 million Series A to make investing News Aggregation Team Wednesday, January 22, 2020 12:00 am http://mebankers.net/article/32335/dubaiamprsquos-sarwa-raises-84-million-series-a-to-make-investing Sarwa claims to have grown by 10x in 2019. FinTech Businesses Face a Digital Ceiling in Their Transformation Progress News Team Wednesday, January 22, 2020 12:00 am http://mebankers.net/article/32339/businesses-face-a-digital-ceiling-in-their-transformation-progress The report, which surveyed over 1,000 executives globally, ranked the most digitally advanced companies as "Visionaries", followed by "Explorers" and then "Watchers." FinTech Seizing the FinTech opportunity in the UAE News Aggregation Team Thursday, January 16, 2020 12:00 am http://mebankers.net/article/32244/seizing-the-fintech-opportunity-in-the-uae The number of FinTech companies in the region is forecast to grow to 1,845 by 2022 FinTech Why Global Islamic Finance Will Grow At Slow Rate News Aggregation Team Tuesday, January 21, 2020 12:00 am http://mebankers.net/article/32313/why-global-islamic-finance-will-grow-at-slow-rate This follows a 10% growth rate in 2017 but only 2%-3% growth in 2018. Islamic Finance Boubyan Bank's profits in 2019 News Team Tuesday, January 21, 2020 12:00 am http://mebankers.net/article/32305/boubyan-bankamp039s-profits-in-2019 Growth rate of 12% Islamic Finance Kuwait Finance House (KFH) press release on the acquisition of Ahli United Bank B.S.C. News Team Tuesday, January 21, 2020 12:00 am http://mebankers.net/article/32308/kuwait-finance-house-kfh-press-release-on-the-acquisition-of-ahli-united-bank-bsc Ordinary and Extraordinary General Assembly Meetings And Public Press Conference Islamic Finance National Bank of Bahrain set to own 78.8% of Bahrain Islamic, both banks to operate independently News Aggregation Team Tuesday, January 21, 2020 12:00 am http://mebankers.net/article/32309/national-bank-of-bahrain-set-to-own-788-of-bahrain-islamic-both-banks-to-operate-independently Bahrain Islamic Bank posted a drop in profit of 48.51% for the third quarter of 2019 as impairment costs rose. Islamic Finance QIB recognised as ‘Best Islamic Bank in Qatar’ News Aggregation Team Monday, January 20, 2020 12:00 am http://mebankers.net/article/32289/qib-recognised-as-amplsquobest-islamic-bank-in-qataramprsquo The votes reflect the views of a large and dedicated audience, which voted QIB as the “Best Islamic Bank” in Qatar. Islamic Finance Bahrain’s Mumtalakat raises $500 mln in Islamic bonds News Aggregation Team Wednesday, January 15, 2020 12:00 am http://mebankers.net/article/32213/bahrainamprsquos-mumtalakat-raises-500-mln-in-islamic-bonds Citi, Gulf International Bank GLFBK.UL, HSBC, KFH Capital, National Bank of Bahrain NATB.BH and Standard Chartered STANB.UL arranged the deal. Islamic Finance Bahrain's GFH hires banks to market five-year dollar sukuk News Aggregation Team Tuesday, January 14, 2020 12:00 am http://mebankers.net/article/32190/bahrainamp039s-gfh-hires-banks-to-market-five-year-dollar-sukuk The banks will market the bonds through a series of meetings starting on January 15 in Asia, the United Arab Emirates and London Islamic Finance Emirates Islamic contributes $544,000 to MBRU News Aggregation Team Tuesday, January 14, 2020 12:00 am http://mebankers.net/article/32198/emirates-islamic-contributes-544000-to-mbru Through this contribution, we aim to provide high-quality healthcare services to people living in areas where medical facilities are inaccessible and further contribute to building a stronger, healthier and happier community.” Islamic Finance KIB awarded 'Fastest Growing Islamic Bank MENA' 2019 News Team Tuesday, January 14, 2020 12:00 am http://mebankers.net/article/32206/kib-awarded-amp039fastest-growing-islamic-bank-menaamp039-2019 This achievement underlines the merit of KIB's new strategic direction; a key component for its remarkable growth and expansion in the banking sector Islamic Finance Kuwait Finance House revamps its KFH Jazeel banking app News Aggregation Team Monday, January 13, 2020 12:00 am http://mebankers.net/article/32184/kuwait-finance-house-revamps-its-kfh-jazeel-banking-app One of the key features of KFH Jazeel Banking is the provision of application service to the customer for Tamweely Personal Finance with an immediate initial approval. Islamic Finance Egypt's economic outlook improves in 2020-Reuters Poll News Aggregation Team Friday, January 24, 2020 12:00 am http://mebankers.net/article/32369/egyptamp039s-economic-outlook-improves-in-2020-reuters-poll The bank left its overnight interest rates unchanged after cutting them at each of its previous three meetings. Research, Comment and Analysis Banks in 2020: Three looming risks in emerging markets News Aggregation Team Thursday, January 23, 2020 12:00 am http://mebankers.net/article/32344/banks-in-2020-three-looming-risks-in-emerging-markets S&P analysed 15 banking systems among largest emerging markets economies Research, Comment and Analysis How to Change Course on Climate News Team Thursday, January 23, 2020 12:00 am http://mebankers.net/article/32349/how-to-change-course-on-climate The situation is dire, but it’s not too late. Research, Comment and Analysis Dubai property market will recover in 2020, says expert News Aggregation Team Wednesday, January 22, 2020 12:00 am http://mebankers.net/article/32319/dubai-property-market-will-recover-in-2020-says-expert These factors combined with political stability and diversity are just some of the reasons why Dubai remains an attractive place for regional and international investors over both short and long term. Research, Comment and Analysis FAB launches 2020 Global Investment Outlook Report News Team Wednesday, January 22, 2020 12:00 am http://mebankers.net/article/32323/fab-launches-2020-global-investment-outlook-report Report forecasts UAE will continue to be a model of economic strength and diversification in the Middle East Research, Comment and Analysis Mumtalakat eyes infrastructure investments in clean energy projects News Aggregation Team Wednesday, January 22, 2020 12:00 am http://mebankers.net/article/32332/mumtalakat-eyes-infrastructure-investments-in-clean-energy-projects Mumtalakat is also increasingly investing in education in Bahrain. Research, Comment and Analysis POLL-Gulf economies to pick up this year following spending spree News Aggregation Team Wednesday, January 22, 2020 12:00 am http://mebankers.net/article/32337/poll-gulf-economies-to-pick-up-this-year-following-spending-spree A similar poll three months ago, gave the same forecasts for 2020 and 2021 but estimated 0.7% growth in 2019. Research, Comment and Analysis Three Top Trends In Wealth Management For 2020 News Team Tuesday, January 21, 2020 12:00 am http://mebankers.net/article/32312/three-top-trends-in-wealth-management-for-2020 The most visible trends are the rise of intergenerational wealth, and the growing number of high-net worth women. Research, Comment and Analysis How FinTechs Will Come of Age in the 2020s News Team Tuesday, January 21, 2020 12:00 am http://mebankers.net/article/32316/how-fintechs-will-come-of-age-in-the-2020s We view FinTech as an opportunity to offer the best digital financial experience to everyone, everywhere. Research, Comment and Analysis Over a quarter of Middle East businesses have no women in their IT department News Aggregation Team Tuesday, January 21, 2020 12:00 am http://mebankers.net/article/32301/over-a-quarter-of-middle-east-businesses-have-no-women-in-their-it-department Businesses in the Middle East are failing to balance their IT workforces between men and women, and a quarter have no women in IT roles Research, Comment and Analysis Mohammed bin Rashid meets chairman of HSBC News Aggregation Team Thursday, January 16, 2020 12:00 am http://mebankers.net/article/32250/mohammed-bin-rashid-meets-chairman-of-hsbc Sheikh Mohammed said that the bank played key role in promoting business in the UAE and Dubai Investment Bank BNP, Citigroup among most exposed in Mideast’s biggest default News Aggregation Team Wednesday, January 15, 2020 12:00 am http://mebankers.net/article/32212/bnp-citigroup-among-most-exposed-in-mideastamprsquos-biggest-default They are among global banks with the most exposure to about $14b Investment Bank Egypt's Beltone to sell stake in brokerage Auerbach in 2020 News Aggregation Team Tuesday, January 14, 2020 12:00 am http://mebankers.net/article/32194/egyptamp039s-beltone-to-sell-stake-in-brokerage-auerbach-in-2020 Beltone reported losses of 14.3 million Egyptian pounds ($900,000) in 2017, 82.4 million pounds in 2018 and 66.5 million pounds in the first nine months of 2019. Investment Bank HSBC voted top trade finance bank in Middle East as digital investment yields results News Aggregation Team Monday, January 13, 2020 12:00 am http://mebankers.net/article/32173/hsbc-voted-top-trade-finance-bank-in-middle-east-as-digital-investment-yields-results "As the world's leading trade finance bank, HSBC is investing in digital to transform trade and enhance customer experience," said Sunil Veetil, Head of Global Trade and Receivables Finance for HSBC in the Middle East, North Africa and Turk Investment Bank Steady expansion in banks' financial position: healthy growth in money supply, thanks to positive nominal GDP outlook: Beltone News Aggregation Team Friday, January 10, 2020 12:00 am http://mebankers.net/article/32158/steady-expansion-in-banksamp039-financial-position-healthy-growth-in-money-supply-thanks-to-positive-nominal-gdp-outlook-beltone Beltone analysts expect Commercial International Bank and Qatar National Bank Al Ahli to enlarge their retail low cost deposits faster than other banks under their coverage as management philosophy shifts to cost of funding optimization. Investment Bank BNY Mellon ramps up drive to innovate in the Middle East with new office News Aggregation Team Tuesday, January 07, 2020 12:00 am http://mebankers.net/article/32102/bny-mellon-ramps-up-drive-to-innovate-in-the-middle-east-with-new-office The principal representative for BNY Mellon’s new ADGM office is Anthony Habis, who is also head of client management, Middle East and Africa and regional head for MEA at BNY Mellon. Investment Bank Turkey's Ä°Å Bank, China's AliPay expand cooperation on payment systems News Aggregation Team Wednesday, December 25, 2019 12:00 am http://mebankers.net/article/31971/turkeyamp039s-aumldegaring-bank-chinaamp039s-alipay-expand-cooperation-on-payment-systems The new collaboration will further enable member businesses to quickly and safely provide admission services to Chinese consumers while achieving higher shopping volumes. Investment Bank NBK 2019 CSR initiatives: A Significant Approach to Sustainability News Team Monday, December 16, 2019 12:00 am http://mebankers.net/article/31869/nbk-2019-csr-initiatives-a-significant-approach-to-sustainability NBK considers sustainability an integral part of our success as a bank. Investment Bank US investment bank Stifel announces opening of Israel office News Aggregation Team Wednesday, December 11, 2019 12:00 am http://mebankers.net/article/31819/us-investment-bank-stifel-announces-opening-of-israel-office The Israel office, Raymond said, will enable Stifel to provide improved service and execution to clients operating in Israel or active in the Israeli market. Investment Bank Saxo Bank 2020 Outrageous Predictions News Team Tuesday, December 03, 2019 12:00 am http://mebankers.net/article/31692/saxo-bank-2020-outrageous-predictions With a popular mandate and strong majority in Parliament, Boris Johnson is in stronger position than ever to come back to the negotiating table in Brussels. Investment Bank