Managers of Wealth - Middle East http://mebankers.net/ Tue, 19 Feb 2019 07:34:03 GMT part of MediaG8way Group http://mebankers.net/ http://mebankers.net/assets/images/logo.png Managers of Wealth - Middle East KohanaPHP BDB CE joins Ebdaa Bank’s director board News Aggregation Team Sunday, February 17, 2019 12:00 am http://mebankers.net/article/27776/bdb-ce-joins-ebdaa-bankamprsquos-director-board “This is especially to transfer Ebdaa Bank’s clients who expand their projects, and require loans that are higher than the bank loans’ ceiling of BD5000, to BDB,” she stated. On the Move City lobby group names HSBC’s Tucker as chairman News Aggregation Team Tuesday, February 12, 2019 12:00 am http://mebankers.net/article/27697/city-lobby-group-names-hsbcamprsquos-tucker-as-chairman Former AIA chief executive brings Asian experience to new role at TheCityUK On the Move Goldman names Stefan Bollinger co-head of EMEA private wealth management News Aggregation Team Tuesday, February 12, 2019 12:00 am http://mebankers.net/article/27712/goldman-names-stefan-bollinger-co-head-of-emea-private-wealth-management Bollinger will join Chris French On the Move Guggenheim KBBO Partners appoints new head of Asset Management Kris Borres Monday, February 11, 2019 12:00 am http://mebankers.net/article/27692/guggenheim-kbbo-partners-appoints-new-head-of-asset-management Virginie Afota as head of its Asset Management division. On the Move HSBC Qatar appoints Omar al-Ansari as head of Retail Banking and Wealth Management News Aggregation Team Thursday, February 07, 2019 12:00 am http://mebankers.net/article/27651/hsbc-qatar-appoints-omar-al-ansari-as-head-of-retail-banking-and-wealth-management Al-Ansari started his career as a graduate trainee and has built experience in a number of different spheres. On the Move MUFG Corporate Banking in Riyadh gets new manager News Aggregation Team Wednesday, February 06, 2019 12:00 am http://mebankers.net/article/27641/mufg-corporate-banking-in-riyadh-gets-new-manager MUFG obtained a full commercial license from the Saudi Arabian Monetary Authority (SAMA) in January 2017 and commenced operations in October 2018. On the Move Bob Diamond steps down as chair of African banking group Atlas Ana Hall Wednesday, February 06, 2019 12:00 am http://mebankers.net/article/27647/bob-diamond-steps-down-as-chair-of-african-banking-group-atlas Investment vehicle founded by former Barclays chief undertakes strategic review On the Move Artemis Resources appoints Dubai royalty to chairman position News Aggregation Team Tuesday, February 05, 2019 12:00 am http://mebankers.net/article/27615/artemis-resources-appoints-dubai-royalty-to-chairman-position The company is advancing its West Australian gold, base and battery metal assets. On the Move HSBC Qatar appoints Omar Al Ansari as Head of RBWM News Aggregation Team Tuesday, February 05, 2019 12:00 am http://mebankers.net/article/27620/hsbc-qatar-appoints-omar-al-ansari-as-head-of-rbwm With his intrinsic knowledge of the local banking market, and international banking experience with HSBC, he is a very valuable member of the senior management team in the country.” On the Move Union National Bank CEO Mohammad Nasr Abdeen to retire News Aggregation Team Wednesday, January 30, 2019 12:00 am http://mebankers.net/article/27535/union-national-bank-ceo-mohammad-nasr-abdeen-to-retire Ajay Bhuptani, deputy chief executive officer will officiate as the acting CEO On the Move The new UAE Central Bank law News Aggregation Team Tuesday, February 19, 2019 12:00 am http://mebankers.net/article/27803/the-new-uae-central-bank-law The New Central Bank Law reconfirms the UAE Central Bank Legal, Tax, Regulation & Compliance Bahrain power firm closes $1.3bn refinancing deal News Aggregation Team Tuesday, February 19, 2019 12:00 am http://mebankers.net/article/27808/bahrain-power-firm-closes-13bn-refinancing-deal Al Dur Power & Water Company announces successful closure of a refinancing facility provided by a syndicate of 20 banks Legal, Tax, Regulation & Compliance The New Anti-Money Laundering Law News Aggregation Team Tuesday, February 19, 2019 12:00 am http://mebankers.net/article/27809/the-new-anti-money-laundering-law The new law requires that the financial institutions, businesses and professionals continuously perfor Legal, Tax, Regulation & Compliance United Arab Emirates: Are You Criminally Liable For Bounced Cheque? News Aggregation Team Tuesday, February 19, 2019 12:00 am http://mebankers.net/article/27810/united-arab-emirates-are-you-criminally-liable-for-bounced-cheque On the other hand, a bounced cheque is also known as a dishonoured cheque Legal, Tax, Regulation & Compliance Etihad Credit Insurance partners with Standard Chartered Bank Ana Hall Monday, February 18, 2019 12:00 am http://mebankers.net/article/27796/etihad-credit-insurance-partners-with-standard-chartered-bank The collaboration will provide seamless access to trade credit solutions and funding for UAE businesses which are aiming to establish their presence locally and globally Legal, Tax, Regulation & Compliance Falcon to discontinue UK operations Mitzi Limlengco Monday, February 18, 2019 12:00 am http://mebankers.net/article/27800/falcon-to-discontinue-uk-operations Falcon will continue to provide custodian services to its UK clients, whose wealth management needs will be served by Dolfin upon completion of the transaction. Legal, Tax, Regulation & Compliance Turkish central bank changes reserve levels to encourage lending News Aggregation Team Sunday, February 17, 2019 12:00 am http://mebankers.net/article/27779/turkish-central-bank-changes-reserve-levels-to-encourage-lending Economy is on track to cap 2018 with two consecutive quarters of contraction Legal, Tax, Regulation & Compliance Yaser Dajani: A corporate sleuth for the digital era News Aggregation Team Sunday, February 17, 2019 12:00 am http://mebankers.net/article/27780/yaser-dajani-a-corporate-sleuth-for-the-digital-era Snooping through trash bins for clues? That’s so ’90s, says the investigator using high-tech skills to stay ahead of the pack Legal, Tax, Regulation & Compliance Growing demand for second passports: Vazir Group Mitzi Limlengco Thursday, February 14, 2019 12:00 am http://mebankers.net/article/27744/growing-demand-for-second-passports-vazir-group Vazir Group, the UAE-based migration services firm, reports a growing demand in the region for second passports and permanent residency visas. Legal, Tax, Regulation & Compliance EU adds Saudi Arabia to dirty-money blacklist, upsets Britain News Aggregation Team Thursday, February 14, 2019 12:00 am http://mebankers.net/article/27746/eu-adds-saudi-arabia-to-dirty-money-blacklist-upsets-britain Apart from reputational damage, inclusion on the list complicates financial relations with the EU. Legal, Tax, Regulation & Compliance Ithmaar Holding reports net profit of $10.06m for 2018 News Aggregation Team Monday, February 18, 2019 12:00 am http://mebankers.net/article/27789/ithmaar-holding-reports-net-profit-of-1006m-for-2018 IB Capital acquires an additional stake in Solidarity Group Holding Capital Retail Banking UAE's Emirates Development Bank hires arrangers for dollar bond News Aggregation Team Monday, February 18, 2019 12:00 am http://mebankers.net/article/27794/uaeamp039s-emirates-development-bank-hires-arrangers-for-dollar-bond Emirates NBD Capital has been appointed as the financial adviser and, together with Standard Chartered, as joint global coordinators. Retail Banking StanChart, BNP Among Banks Likely to Be Added to Saudi Aramco Bond News Aggregation Team Monday, February 18, 2019 12:00 am http://mebankers.net/article/27795/stanchart-bnp-among-banks-likely-to-be-added-to-saudi-aramco-bond Saudi Aramco to add about dozen banks to list of bond managers Retail Banking Global Finance awarded NBK ‘Best Private Banking Services’ in Kuwait News Aggregation Team Sunday, February 17, 2019 12:00 am http://mebankers.net/article/27775/global-finance-awarded-nbk-amplsquobest-private-banking-servicesamprsquo-in-kuwait Khalife: Award reflects the constant confidence the customers vest in NBK Retail Banking National Bank of Fujairah cements leading status as best employer brand with wins at the Gulf Employee Experience Awards and Tawdheef 2019 News Aggregation Team Sunday, February 17, 2019 12:00 am http://mebankers.net/article/27778/national-bank-of-fujairah-cements-leading-status-as-best-employer-brand-with-wins-at-the-gulf-employee-experience-awards-and-tawdheef-2019 NBF scoops awards for the Overall Experience, Employee Engagement & Happiness, Employee Insight & HR Metrics and Best Emiratisation Initiative of the Year Retail Banking Emirates NBD ranked UAE’s top banking brand with a value of US$4.04 billion News Aggregation Team Sunday, February 17, 2019 12:00 am http://mebankers.net/article/27783/emirates-nbd-ranked-uaeamprsquos-top-banking-brand-with-a-value-of-us404-billion In addition to its brand engagement, Emirates NBD delivered a record set of results in 2018 net profit up 20% year-on-year to AED10 billion, underpinned by higher income and a lower cost of risk. Retail Banking Riyadh bank's 'coffee shop' branch helps lure new customers News Aggregation Team Sunday, February 17, 2019 12:00 am http://mebankers.net/article/27786/riyadh-bankamp039s-amp039coffee-shopamp039-branch-helps-lure-new-customers Alawwal managing director Soren Nikolajsen says the Ibda cafe bank branch in Riyadh's Nakheel Mall is 'by far' the most active of the bank's branches, with a higher proportion of young and female customers Retail Banking Commercial Bank International’s net profit up 29% to Dh226m News Aggregation Team Friday, February 15, 2019 12:00 am http://mebankers.net/article/27770/commercial-bank-internationalamprsquos-net-profit-up-29-to-dh226m Lower provisions and cost reductions supported profit gains Retail Banking Deutsche Bank seeks to rebuild in Middle East after cost cutting News Aggregation Team Thursday, February 14, 2019 12:00 am http://mebankers.net/article/27742/deutsche-bank-seeks-to-rebuild-in-middle-east-after-cost-cutting Jamal Al Kishi, Middle East and Africa CEO, said Deutsche Bank said it expects to be involved in large financing deals and M&A Retail Banking KIB acts as lead arranger in a $ 200million financing for Daewoo Engineering & Construction Ana Hall Thursday, February 14, 2019 12:00 am http://mebankers.net/article/27754/kib-acts-as-lead-arranger-in-a-200million-financing-for-daewoo-engineering-ampamp-construction The signing ceremony took place recently in Dubai and was attended by the senior management of Daewoo E&C. Retail Banking Saudi’s Agricultural Development Fund chooses Finastra to enhance credit services Ana Hall Tuesday, February 19, 2019 12:00 am http://mebankers.net/article/27811/saudiamprsquos-agricultural-development-fund-chooses-finastra-to-enhance-credit-services Fusion Essence will transform the Fund’s online experience and help towards the Kingdom’s Vision 2030 and agricultural development plan Alternative Investments SHUAA Securities Egypt boosts research coverage Mitzi Limlengco Tuesday, February 19, 2019 12:00 am http://mebankers.net/article/27805/shuaa-securities-egypt-boosts-research-coverage SHUAA Capital announces the expansion of the Cairo-based research and analytics taskforcers listed Alternative Investments Foreign institutions’ increased buy support extends bull run on QSE News Aggregation Team Tuesday, February 19, 2019 12:00 am http://mebankers.net/article/27806/foreign-institutionsamprsquo-increased-buy-support-extends-bull-run-on-qse Islamic equities were seen gaining faster than the main index on the market, where local retail investors were increasingly profit takers. Alternative Investments A look at Dubai’s newest luxury property project, XXII Carat News Aggregation Team Tuesday, February 19, 2019 12:00 am http://mebankers.net/article/27807/a-look-at-dubaiamprsquos-newest-luxury-property-project-xxii-carat These are the words of Anton Yachmenev, Managing Director of Forum Group’s XXII Carat, a luxury property development sat in the Palm Jumeirah, one of the most exclusive and expensive residential areas in the emirate. Alternative Investments Investcorp on track to nearly double assets to $50bn in three years, executive says News Aggregation Team Monday, February 18, 2019 12:00 am http://mebankers.net/article/27790/investcorp-on-track-to-nearly-double-assets-to-50bn-in-three-years-executive-says Bahrain-based alternative investment firm is partnering on a $1bn GCC infrastructure fund Alternative Investments Earnings growth, the most important fundamental driver for equity markets performance News Aggregation Team Monday, February 18, 2019 12:00 am http://mebankers.net/article/27791/earnings-growth-the-most-important-fundamental-driver-for-equity-markets-performance Weekly Q&A: Maurice Gravier - Chief Investment Officer, Wealth Management at Emirates NBD Alternative Investments How did Kuwait produce some of the Middle East’s largest exits? News Aggregation Team Monday, February 18, 2019 12:00 am http://mebankers.net/article/27798/how-did-kuwait-produce-some-of-the-middle-eastamprsquos-largest-exits Some of the Middle East’s biggest exits have originated from this oil-rich country and its government is keen to encourage more, as it recently announced a $200 million fund for investments in technology companies. Alternative Investments UAE real estate remains tough for home buyers, but equity investors may see some respite in 2019 News Aggregation Team Monday, February 18, 2019 12:00 am http://mebankers.net/article/27799/uae-real-estate-remains-tough-for-home-buyers-but-equity-investors-may-see-some-respite-in-2019 Analysts say some stocks may have been oversold as bearish sentiment on supply pipeline lingers Alternative Investments UAE investors interested in Kingdom News Aggregation Team Monday, February 18, 2019 12:00 am http://mebankers.net/article/27801/uae-investors-interested-in-kingdom In the agricultural sector, the company intends to invest in growing paddy rice and milling rice to export to the Middle East. Alternative Investments Qatar Revamps Investment Policy After Kushner Bailout News Aggregation Team Sunday, February 17, 2019 12:00 am http://mebankers.net/article/27781/qatar-revamps-investment-policy-after-kushner-bailout The rescue of the tower on Fifth Avenue is an intricate tale involving Brookfield Property Partners, in which Qatar owns 9% Alternative Investments Opinion: How Middle East millennials will manage their wealth News Aggregation Team Sunday, February 17, 2019 12:00 am http://mebankers.net/article/27774/opinion-how-middle-east-millennials-will-manage-their-wealth Digitally savvy and globally aware, are millennials' financial needs also different from older generations, asks Remy A. Bersier, head of Emerging Markets at Julius Baer Wealth & Asset Management Gulf millionaires now more upbeat about global, regional economy News Aggregation Team Sunday, February 17, 2019 12:00 am http://mebankers.net/article/27777/gulf-millionaires-now-more-upbeat-about-global-regional-economy Region’s HNWIs believe their home markets are more lucrative Wealth & Asset Management deVere acquires UAE-based wealth adviser Mitzi Limlengco Thursday, February 14, 2019 12:00 am http://mebankers.net/article/27760/devere-acquires-uae-based-wealth-adviser Working alongside some of the industry’s best fund managers, dVAM has brought to market a suite of outcome-orientated, low-cost solutions. Wealth & Asset Management Lombard Odier to open in Abu Dhabi Ana Hall Wednesday, February 06, 2019 12:00 am http://mebankers.net/article/27635/lombard-odier-to-open-in-abu-dhabi Swiss private bank says UAE is the first country outside its home market to have more than one branch Wealth & Asset Management Emirates NBD Private Banking to connect start-ups with investors Ana Hall Wednesday, February 06, 2019 12:00 am http://mebankers.net/article/27645/emirates-nbd-private-banking-to-connect-start-ups-with-investors First bank-facilitated deals platform of its kind in the region Wealth & Asset Management Served in a Baccarat crystal glass – This is the most expensive drink in Dubai News Aggregation Team Tuesday, February 05, 2019 12:00 am http://mebankers.net/article/27613/served-in-a-baccarat-crystal-glass-ampndash-this-is-the-most-expensive-drink-in-dubai To add to its exquisiteness, the drink comes served in a Baccarat Crystal glass. Wealth & Asset Management Julius Baer announces cost cuts as profitability lags Ana Hall Monday, February 04, 2019 12:00 am http://mebankers.net/article/27599/julius-baer-announces-cost-cuts-as-profitability-lags Our updated financial targets underscore our long-term ambition to pursue sustainable and profitable growth, and to deliver attractive capital returns to our shareholders Wealth & Asset Management Are these the solutions to achieve the United Nations Sustainable Development Goals? News Aggregation Team Thursday, January 31, 2019 12:00 am http://mebankers.net/article/27543/are-these-the-solutions-to-achieve-the-united-nations-sustainable-development-goals Dive into the critical factors needed to accelerate progress towards tackling the Sustainable Development Goals. Wealth & Asset Management Northern Trust to provide asset servicing to AD Global Investors News Aggregation Team Tuesday, January 29, 2019 12:00 am http://mebankers.net/article/27513/northern-trust-to-provide-asset-servicing-to-ad-global-investors The bank will assist AD Global Investors with fixed income execution services in Abu-Dhabi, a first for Northern Trust’s Capital Market’s business in the region. Wealth & Asset Management Are these the solutions to achieve the United Nations Sustainable Development Goals? News Aggregation Team Sunday, January 27, 2019 12:00 am http://mebankers.net/article/27489/are-these-the-solutions-to-achieve-the-united-nations-sustainable-development-goals Dive into the critical factors needed to accelerate progress towards tackling the Sustainable Development Goals. Wealth & Asset Management No Xpence spared as Dubai neobank readies for business News Aggregation Team Friday, February 15, 2019 12:00 am http://mebankers.net/article/27771/no-xpence-spared-as-dubai-neobank-readies-for-business With the SME market firmly in mind, Xpence says it reminds users to snap and add a picture of a receipt every time they use their card. FinTech Revealed: how the UAE is going contactless News Aggregation Team Friday, February 15, 2019 12:00 am http://mebankers.net/article/27766/revealed-how-the-uae-is-going-contactless Senior banking exec says popularity is being driven primarily by the increased penetration of contactless cards and usage of digital wallets FinTech Axia Suite 2.1 released with new functional features Ana Hall Friday, February 15, 2019 12:00 am http://mebankers.net/article/27772/axia-suite-21-released-with-new-functional-features Axia Suite has now been enriched with new functionalities for risk management & compliance. FinTech Bank Leumi's Ran Gavriel Zivan On Creatively Solving Problems In A New Way News Aggregation Team Thursday, February 14, 2019 12:00 am http://mebankers.net/article/27743/bank-leumiamp039s-ran-gavriel-zivan-on-creatively-solving-problems-in-a-new-way Around five years ago, Bank Leumi established a new organizational structure, in which the Digital Banking Division was born, to implement its new innovation strategy. FinTech Sectigo Helps Middle East Companies Combat Phishing, BEC, and Other Web Security Threats News Aggregation Team Thursday, February 14, 2019 12:00 am http://mebankers.net/article/27747/sectigo-helps-middle-east-companies-combat-phishing-bec-and-other-web-security-threats Organizations throughout the Gulf States and Jordan are eager for email encryption and digital signing solutions that minimize these and other risks. FinTech The Middle East's Startup Hub: Making Dubai A Launchpad For Innovation News Aggregation Team Thursday, February 14, 2019 12:00 am http://mebankers.net/article/27753/the-middle-eastamp039s-startup-hub-making-dubai-a-launchpad-for-innovation Early-stage startups make up nearly 50% of all companies registered in Dubai, validating the Emirate's appeal as a global center for entrepreneurship, knowledge transfer, and innovation. FinTech Al Ahli Bank of Kuwait partners with Ripple Ana Hall Thursday, February 14, 2019 12:00 am http://mebankers.net/article/27756/al-ahli-bank-of-kuwait-partners-with-ripple ABK will be one of the few financial institutions in Kuwait to reduce transaction times from days to a few minutes, for its customers. FinTech Alinma Bank launches its first digital branch News Aggregation Team Tuesday, February 12, 2019 12:00 am http://mebankers.net/article/27706/alinma-bank-launches-its-first-digital-branch The new digital branch is located on Prince Mohammed bin Abdul Aziz Street (Tahliyyah) in Riyadh. FinTech Abu Dhabi Commercial Bank Launches Strands-powered PFM App Mitzi Limlengco Tuesday, February 12, 2019 12:00 am http://mebankers.net/article/27710/abu-dhabi-commercial-bank-launches-strands-powered-pfm-app More than half a million ADCB customers can already benefit from the MoneyBuddy PFM app functionalities FinTech UAE Exchange and Unimoni Go Live on Ripple's blockchain network for cross-border remittances Mitzi Limlengco Monday, February 11, 2019 12:00 am http://mebankers.net/article/27683/uae-exchange-and-unimoni-go-live-on-rippleamp039s-blockchain-network-for-cross-border-remittances Finablr network brands UAE Exchange and Unimoni capitalise on blockchain technology using RippleNet for cross-border money transfers. FinTech Noor Bank 2018 profit jumps 62% News Aggregation Team Thursday, February 14, 2019 12:00 am http://mebankers.net/article/27761/noor-bank-2018-profit-jumps-62 The Shariah-compliant lender said that its net impairment charges fell from Dh838 million in 2017 to Dh613.88 million. Islamic Finance KFH earnings conference call highlights financial results, shares bank’s strategy News Aggregation Team Wednesday, February 13, 2019 12:00 am http://mebankers.net/article/27722/kfh-earnings-conference-call-highlights-financial-results-shares-bankamprsquos-strategy As an overview of Kuwait Finance House Group, the bank maintains its top position ranked first in 2018 by Global Finance Magazine as the safest Islamic financial institution in the GCC. Islamic Finance Al Nahedh: 92% of KFH`s total profits made in 2018.. sustainable Mitzi Limlengco Monday, February 11, 2019 12:00 am http://mebankers.net/article/27682/al-nahedh-92-of-kfhs-total-profits-made-in-2018-sustainable Contribution of KFH's subsidiaries in net operating income reached 39.2% Islamic Finance Bank Nizwa Brings Islamic Banking Closer to Corporate Customers News Aggregation Team Sunday, February 10, 2019 12:00 am http://mebankers.net/article/27675/bank-nizwa-brings-islamic-banking-closer-to-corporate-customers The series provides an in-depth presentation given by the Bank Nizwa’s Wholesale Banking division. Islamic Finance QIIB honours four employees for exceptional performance News Aggregation Team Thursday, February 07, 2019 12:00 am http://mebankers.net/article/27652/qiib-honours-four-employees-for-exceptional-performance Al-Jamal expressed his appreciation for the sincere efforts made by the employees honoured during the past year. Islamic Finance Dubai Islamic Bank marks listing of $750m bond News Aggregation Team Thursday, February 07, 2019 12:00 am http://mebankers.net/article/27653/dubai-islamic-bank-marks-listing-of-750m-bond The total value of all sukuk listed on Dubai’s exchanges has now reached $61.14 billion, the largest amount of any listing center in the world Islamic Finance ITFC strengthens its partnership with NCB News Aggregation Team Wednesday, February 06, 2019 12:00 am http://mebankers.net/article/27639/itfc-strengthens-its-partnership-with-ncb Alsaggaf said this cooperation with ITFC is in line with NCB Treasury Group’s strategic aim of expanding its counterparties while dealing in Shariah-compliant solutions. Islamic Finance Emirates Islamic wins Human Resources Development award from Emirates Institute for Banking and Financial Studies Ana Hall Wednesday, February 06, 2019 12:00 am http://mebankers.net/article/27644/emirates-islamic-wins-human-resources-development-award-from-emirates-institute-for-banking-and-financial-studies Bank honoured for nationalisation efforts and outstanding development programmes Islamic Finance Abu Dhabi Islamic Bank net profit up 8.7pc to $680m News Aggregation Team Tuesday, February 05, 2019 12:00 am http://mebankers.net/article/27629/abu-dhabi-islamic-bank-net-profit-up-87pc-to-680m The performance was also supported by higher fee income, controlled operating expenses and improved funding costs. Islamic Finance QIIB remains 'optimistic' about 2019 as market looks 'promising': Al-Shaibei News Aggregation Team Monday, February 04, 2019 12:00 am http://mebankers.net/article/27592/qiib-remains-amp039optimisticamp039-about-2019-as-market-looks-amp039promisingamp039-al-shaibei The portfolio set for the committed projects is worth QR421bn. Islamic Finance Bankers Are Sick of Choosing Sides Between Qatar and Saudi Arabia News Aggregation Team Monday, February 18, 2019 12:00 am http://mebankers.net/article/27788/bankers-are-sick-of-choosing-sides-between-qatar-and-saudi-arabia For top dealmakers, the Gulf diplomatic standoff isn’t good for business. Research, Comment and Analysis GCC’s Wealthy Optimistic About Regional Economy News Aggregation Team Monday, February 18, 2019 12:00 am http://mebankers.net/article/27793/gccamprsquos-wealthy-optimistic-about-regional-economy The sixth edition of the report is based on an independent survey of high net worth individuals from across the Gulf Cooperation Council conducted in November 2018. Research, Comment and Analysis UAE investors increasingly aware of the importance of selecting investment portfolios that align with their risk levels: report Ana Hall Monday, February 18, 2019 12:00 am http://mebankers.net/article/27792/uae-investors-increasingly-aware-of-the-importance-of-selecting-investment-portfolios-that-align-with-their-risk-levels-report 81% of respondents said this is the most significant factor they look for when looking to invest their finances with a Discretionary Fund Manager, up from 73% in 2017 Research, Comment and Analysis When Good News and Bad News is Good News by Gary Dugan Mitzi Limlengco Monday, February 18, 2019 12:00 am http://mebankers.net/article/27797/when-good-news-and-bad-news-is-good-news-by-gary-dugan Consumer spending at around 68% of the US economy is clearly important. Research, Comment and Analysis Horses, camels fair game when making enforcement claims, says UAE lawyer News Aggregation Team Sunday, February 17, 2019 12:00 am http://mebankers.net/article/27784/horses-camels-fair-game-when-making-enforcement-claims-says-uae-lawyer Horses and camels in the UAE can have values in the millions of US dollars, said Mahmoud Abuwasel, co-founder, partner at local law firm Bin Nakhira & Partners Research, Comment and Analysis Dubai is building a new skyscraper it will be 500 meters tall and it’s facade will be covered with digital displays News Aggregation Team Thursday, February 14, 2019 12:00 am http://mebankers.net/article/27745/dubai-is-building-a-new-skyscraper-it-will-be-500-meters-tall-and-itamprsquos-facade-will-be-covered-with-digital-displays The oval-shaped base is patterned to replicate the outline of His Highness’ fingerprint will be surrounded by shops, water fountains and more. Research, Comment and Analysis Qatar banking sector optimistic about new PPP model for schools News Aggregation Team Thursday, February 14, 2019 12:00 am http://mebankers.net/article/27750/qatar-banking-sector-optimistic-about-new-ppp-model-for-schools The real estate is one of the sectors that have received renewed attention by the banking sector, which had extended QR198.8bn credit to the segment at the end of December 2018. Research, Comment and Analysis Dubai now has 1,985 branches of foreign companies and 833 branches of GCC companies: DED Andro Bautista Wednesday, February 13, 2019 12:00 am http://mebankers.net/article/27739/dubai-now-has-1985-branches-of-foreign-companies-and-833-branches-of-gcc-companies-ded Dubai provides a business-driven environment supported by a modern and integrated system of procedures, says Walid Abdel Malik Research, Comment and Analysis Traders opt to sell shares as UAE companies scramble to publish results News Aggregation Team Wednesday, February 13, 2019 12:00 am http://mebankers.net/article/27737/traders-opt-to-sell-shares-as-uae-companies-scramble-to-publish-results About 80% of the companies listed on UAE bourses have not declared their 2018 results Research, Comment and Analysis Citigroup Sees Saudi, UAE as Top Mideast Markets for Deals This Year: Executive News Aggregation Team Tuesday, February 12, 2019 12:00 am http://mebankers.net/article/27715/citigroup-sees-saudi-uae-as-top-mideast-markets-for-deals-this-year-executive Foreign investors dumped Saudi equities at the end of last year amid worries over the blow to Saudi Arabia’s relations with the West following the murder of journalist Jamal Khashoggi - a critic of the Saudi leadership - in Istanbul on Oct. 2. Research, Comment and Analysis Kuwait emerges as second largest M&A target market in GCC News Aggregation Team Sunday, February 17, 2019 12:00 am http://mebankers.net/article/27787/kuwait-emerges-as-second-largest-mampampa-target-market-in-gcc The number of transactions in Kuwait grew by 163% between 2014 and 2018 Investment Bank SocGen says Saudi Arabia projects are top priority, plans to step up investments News Aggregation Team Thursday, February 14, 2019 12:00 am http://mebankers.net/article/27762/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. Investment Bank Societe Generale is upbeat about the Middle East's renewable energy finance market News Aggregation Team Tuesday, February 12, 2019 12:00 am http://mebankers.net/article/27704/societe-generale-is-upbeat-about-the-middle-eastamp039s-renewable-energy-finance-market French lender expects sovereigns and corporate sector to start adding green bonds to their funding mix Investment Bank Emirates NBD helps secure $200m finance for Daewoo E&C News Aggregation Team Tuesday, February 12, 2019 12:00 am http://mebankers.net/article/27707/emirates-nbd-helps-secure-200m-finance-for-daewoo-eampampc The transaction marks Emcap’s debut syndication for a Korean corporate Investment Bank Societe Generale eyes Saudi opportunities after Middle East expansion News Aggregation Team Monday, February 11, 2019 12:00 am http://mebankers.net/article/27693/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 Investment Bank NBK-Bahrain reports net profits for 2018, up 26% y-o-y News Aggregation Team Sunday, February 10, 2019 12:00 am http://mebankers.net/article/27678/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 Investment Bank 2 Barclays Lawyers Killed in Avalanche News Aggregation Team Wednesday, February 06, 2019 12:00 am http://mebankers.net/article/27643/2-barclays-lawyers-killed-in-avalanche A former Ashurst associate and her colleague were among the victims. Investment Bank Kuwait Finance House boosts fourth quarter profit 26% News Aggregation Team Wednesday, February 06, 2019 12:00 am http://mebankers.net/article/27646/kuwait-finance-house-boosts-fourth-quarter-profit-26 The bank has been in merger talks since mid-2018 with Bahrain's Ahli United Bank Investment Bank Standard Chartered strategically partners with Zurich International Life Ana Hall Thursday, January 31, 2019 12:00 am http://mebankers.net/article/27565/standard-chartered-strategically-partners-with-zurich-international-life Tailor-made financial and life-insurance solutions Investment Bank Deutsche Bank to Get Qatari Commitment for More Funds News Aggregation Team Sunday, January 27, 2019 12:00 am http://mebankers.net/article/27496/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. Investment Bank