Managers of Wealth - Middle East http://mebankers.net/ Sun, 20 Oct 2019 18:41:29 BST part of MediaG8way Group http://mebankers.net/ http://mebankers.net/assets/images/logo.png Managers of Wealth - Middle East KohanaPHP Gulf International Bank appoints group head of wholesale banking News Team Thursday, October 17, 2019 1:00 am http://mebankers.net/article/31044/gulf-international-bank-appoints-group-head-of-wholesale-banking Khaled Abbas, a seasoned banker with more than two decades of experience, as Group Head of Wholesale Banking at GIB. On the Move ArgoGlobal strengthens underwriting team in Dubai News Aggregation Team Thursday, October 17, 2019 1:00 am http://mebankers.net/article/31050/argoglobal-strengthens-underwriting-team-in-dubai He has more than 12 years of industry experience and joins from Abu Dhabi National Insurance Company, where he worked as liability/financial/ property lines underwriter. On the Move Deloitte hires 1,200 new staff in Mideast in FY2019 News Aggregation Team Thursday, October 17, 2019 1:00 am http://mebankers.net/article/31054/deloitte-hires-1200-new-staff-in-mideast-in-fy2019 New Deloitte Digital Center in Riyadh On the Move Senior Partner at Chrome Advisory joins Global Ventures as Venture Partner News Team Thursday, October 17, 2019 1:00 am http://mebankers.net/article/31056/senior-partner-at-chrome-advisory-joins-global-ventures-as-venture-partner The addition to the team strengthens Global Venture's presence as one of the leading regional venture capital funds investing in the Saudi market On the Move Dubai's Mashreq announces appointment of new CEO and chairman News Aggregation Team Tuesday, October 15, 2019 1:00 am http://mebankers.net/article/30992/dubaiamp039s-mashreq-announces-appointment-of-new-ceo-and-chairman Former CEO Abdullah Abdul Aziz Al Ghurair becomes chairman of Mashreq after 30 years in previous role On the Move Hilton appoints Jochem-Jan Sleiffer as Area President, Middle East, Africa & Turkey News Aggregation Team Tuesday, October 15, 2019 1:00 am http://mebankers.net/article/31005/hilton-appoints-jochem-jan-sleiffer-as-area-president-middle-east-africa-ampamp-turkey Furthermore, under his leadership, Hilton was crowned the #1 Best Place to Work for in Turkey and Saudi Arabia, and #3 Best Workplace in the UAE. On the Move Citi Names Christoph Geidner Consumer Business Head News Aggregation Team Tuesday, October 15, 2019 1:00 am http://mebankers.net/article/31006/citi-names-christoph-geidner-consumer-business-head Citi currently offers full scale corporate and investment banking services in Bahrain, Saudi Arabia, UAE Qatar, Kuwait, Egypt, Lebanon, Jordan, Tunisia, Morocco and Algeria. On the Move Reshuffle at the top for UniCredit News Aggregation Team Tuesday, October 15, 2019 1:00 am http://mebankers.net/article/31011/reshuffle-at-the-top-for-unicredit Barisaac joined UniCredit in 2015 and will maintain his current position as global co-head of trade and working capital solutions in his new role, which the bank hopes will improve interactions between the two teams. On the Move Stanton Chase Appoints Leader of Financial Services for Middle East Region News Team Monday, October 14, 2019 1:00 am http://mebankers.net/article/30966/stanton-chase-appoints-leader-of-financial-services-for-middle-east-region The Middle East is one of the fastest-growing markets in the banking and capital markets; however, the constant industry changes are posing a real challenge for big players in the region to be competitive,” said Wassim Karkabi On the Move Guggenheim’s Dubai venture hires Goldman Sachs' Abu Innab to head MENA coverage News Team Monday, October 14, 2019 1:00 am http://mebankers.net/article/30974/guggenheimamprsquos-dubai-venture-hires-goldman-sachsamp039-abu-innab-to-head-mena-coverage Abu Innab was Goldman Sachs executive director responsible of coverage of sovereigns, corporates, private equity firms, and family offices, with a focus on Saudi Arabia. On the Move Bahrain wants to bridge Singapore startups to US$1.5t Gulf market News Aggregation Team Friday, October 18, 2019 1:00 am http://mebankers.net/article/31061/bahrain-wants-to-bridge-singapore-startups-to-us15t-gulf-market The kingdom’s startup ecosystem is gaining ground for its encouraging regulatory environment and setup costs Legal, Tax, Regulation & Compliance Egypt to press ahead with sale of stakes in state companies — govt adviser News Aggregation Team Friday, October 18, 2019 1:00 am http://mebankers.net/article/31063/egypt-to-press-ahead-with-sale-of-stakes-in-state-companies-ampmdash-govt-adviser The government has been talking for years about selling the stakes but has repeatedly postponed the program Legal, Tax, Regulation & Compliance Dubai Islamic Economy Development Centre explores prospects of collaboration in Southeast Asia News Team Thursday, October 17, 2019 1:00 am http://mebankers.net/article/31039/dubai-islamic-economy-development-centre-explores-prospects-of-collaboration-in-southeast-asia Jakarta hosted the second roundtable that explored ways to transform the country with the largest Muslim population in the world into a key driver of the global halal industry. Legal, Tax, Regulation & Compliance Turkish bank charged with evading US sanctions on Iran News Aggregation Team Thursday, October 17, 2019 1:00 am http://mebankers.net/article/31041/turkish-bank-charged-with-evading-us-sanctions-on-iran US Attorney said senior bank officials designed and carried out the scheme to move billions of dollars of Iranian oil revenue Legal, Tax, Regulation & Compliance Egypt to cut trading fees on EGX to attract more investments News Aggregation Team Thursday, October 17, 2019 1:00 am http://mebankers.net/article/31043/egypt-to-cut-trading-fees-on-egx-to-attract-more-investments If the government wants to succeed and attract investors, it must be able to offer a more attractive framework for investors. Legal, Tax, Regulation & Compliance ME banks must comply with AML/CFT legislation, says Doha Bank CEO News Aggregation Team Thursday, October 17, 2019 1:00 am http://mebankers.net/article/31045/me-banks-must-comply-with-amlcft-legislation-says-doha-bank-ceo Hosted by the Union of Arab Banks and the Federal Reserve Bank of New York, the event was held under the theme Legal, Tax, Regulation & Compliance Equiom Announced as Master Trustee for DIFC Savings Scheme News Team Thursday, October 17, 2019 1:00 am http://mebankers.net/article/31048/equiom-announced-as-master-trustee-for-difc-savings-scheme The scheme is due to launch in January 2020 with Equiom as the Master Trustee and Zurich serving as the administrator for the scheme. Legal, Tax, Regulation & Compliance Commercial Bank warns clients, public about SMS phishing News Aggregation Team Wednesday, October 16, 2019 1:00 am http://mebankers.net/article/31017/commercial-bank-warns-clients-public-about-sms-phishing Speaking at a recent media roundtable, Lethbridge stressed that Qatar’s digital landscape “continues to grow exponentially,” with 85% of Qatari households having an Internet connection and 100% of 15 to 24 years old customers owning a mo Legal, Tax, Regulation & Compliance UAE and Russia sign deals worth $1.3bn during Putin's Abu Dhabi visit News Aggregation Team Wednesday, October 16, 2019 1:00 am http://mebankers.net/article/31020/uae-and-russia-sign-deals-worth-13bn-during-putinamp039s-abu-dhabi-visit Deals focussed on energy, advanced technology and health sectors Legal, Tax, Regulation & Compliance UAE regulator seeks feedback on draft crypto asset rules News Aggregation Team Wednesday, October 16, 2019 1:00 am http://mebankers.net/article/31021/uae-regulator-seeks-feedback-on-draft-crypto-asset-rules Securities and Commodities Authority calls on all relevant parties to provide feedback on draft crypto regulations by October 29 Legal, Tax, Regulation & Compliance Dubai’s Biggest Bank Plans $1.76 Billion Rights Share Sale News Aggregation Team Thursday, October 17, 2019 1:00 am http://mebankers.net/article/31047/dubaiamprsquos-biggest-bank-plans-176-billion-rights-share-sale Emirates NBD to offer 758.8 million shares at 8.5 dirhams each Retail Banking ENBD launches rights issue to raise $1.75bn News Aggregation Team Thursday, October 17, 2019 1:00 am http://mebankers.net/article/31052/enbd-launches-rights-issue-to-raise-175bn The new shares will be allocated to eligible persons on Monday, 25 November 2019. Retail Banking Interview: UAE's RAKBANK ups fintech game for money transfers, renews SME focus, says CEO News Aggregation Team Wednesday, October 16, 2019 1:00 am http://mebankers.net/article/31027/interview-uaeamp039s-rakbank-ups-fintech-game-for-money-transfers-renews-sme-focus-says-ceo We have a much bigger balance sheet now, and we have grown in other areas of banking, says RAKBANK CEO Peter England Retail Banking Bank Muscat net profits in nine months News Aggregation Team Wednesday, October 16, 2019 1:00 am http://mebankers.net/article/31031/bank-muscat-net-profits-in-nine-months Bank Muscat has announced its preliminary results for the nine months ended on September 30, 2019. Retail Banking Who is Abdul Aziz Al Ghurair, the new chairman of Mashreq bank? News Aggregation Team Wednesday, October 16, 2019 1:00 am http://mebankers.net/article/31032/who-is-abdul-aziz-al-ghurair-the-new-chairman-of-mashreq-bank Son of Mashreq bank’s founder will steer the company through the digital transformation Retail Banking Al Khaliji net profit rises 6% to QR497mn in third quarter News Aggregation Team Wednesday, October 16, 2019 1:00 am http://mebankers.net/article/31034/al-khaliji-net-profit-rises-6-to-qr497mn-in-third-quarter We continue to focus on our domestic market in Qatar, selectively capitalising on opportunities and diligently managing our margins. Retail Banking Barwa Bank announces October draw winners for Thara'a savings account News Aggregation Team Tuesday, October 15, 2019 1:00 am http://mebankers.net/article/30995/barwa-bank-announces-october-draw-winners-for-tharaamp039a-savings-account On a monthly basis, there are 42 winners per draw for the cash prize of QR5,000 each, as well as two winners per draw for the cash prize of QR10,000. Retail Banking NBK, the only Kuwaiti bank among the world’s 50 safest banks in 2019 News Aggregation Team Tuesday, October 15, 2019 1:00 am http://mebankers.net/article/31000/nbk-the-only-kuwaiti-bank-among-the-worldamprsquos-50-safest-banks-in-2019 Recognition demonstrates NBK’s exceptionally strong ratings, and successful strategy Retail Banking Commercial Bank of Dubai adopts the Microsoft Cloud to accelerate digitization News Team Tuesday, October 15, 2019 1:00 am http://mebankers.net/article/31007/commercial-bank-of-dubai-adopts-the-microsoft-cloud-to-accelerate-digitization Commercial Bank of Dubai will be amongst the early adopters of Microsoft's UAE cloud regions to avail high performance, security, compliance and data residency Retail Banking Romanian lender BCR to sell headquarters in downtown Bucharest to Arab investor News Aggregation Team Tuesday, October 15, 2019 1:00 am http://mebankers.net/article/31010/romanian-lender-bcr-to-sell-headquarters-in-downtown-bucharest-to-arab-investor Both buildings are likely to be sold by the end of this year Retail Banking Saudi Aramco delays planned launch of long-awaited IPO News Aggregation Team Friday, October 18, 2019 1:00 am http://mebankers.net/article/31069/saudi-aramco-delays-planned-launch-of-long-awaited-ipo Riyadh had been expected to sign off on key listing this week Alternative Investments Volume of sukuk issuance from top Islamic finance markets steady in 2019 - Fitch News Aggregation Team Friday, October 18, 2019 1:00 am http://mebankers.net/article/31064/volume-of-sukuk-issuance-from-top-islamic-finance-markets-steady-in-2019-fitch US dollar issuances from Turkey, Indonesia, Islamic Development Bank Trust Services Limited and First Abu Dhabi Bank alone raise a total of $6.5bln Alternative Investments Time UAE remittance fees took a cut News Aggregation Team Friday, October 18, 2019 1:00 am http://mebankers.net/article/31067/time-uae-remittance-fees-took-a-cut Customers should be getting far more transparency on these charges Alternative Investments Stifel Forms Strategic Partnership With Israel’s Ourcrowd News Team Thursday, October 17, 2019 1:00 am http://mebankers.net/article/31037/stifel-forms-strategic-partnership-with-israelamprsquos-ourcrowd “Through this partnership, our clients will gain access to attractive, early-stage investment opportunities that have been typically restricted to traditional VC firms and family offices.” Alternative Investments Sharjah starts marketing 10-year dollar sukuk - document News Aggregation Team Thursday, October 17, 2019 1:00 am http://mebankers.net/article/31038/sharjah-starts-marketing-10-year-dollar-sukuk-document HSBC is coordinating the transaction, which is expected to close later on Wednesday Alternative Investments Global sukuk issuance falls slightly to $30.6bnGlobal sukuk issuance falls slightly to $30.6bn News Aggregation Team Thursday, October 17, 2019 1:00 am http://mebankers.net/article/31053/global-sukuk-issuance-falls-slightly-to-306bnglobal-sukuk-issuance-falls-slightly-to-306bn Sukuk issuance with a maturity of more than 18 months from the Gulf Cooperation Council region, Malaysia, Indonesia, Turkey and Pakistan totalled $30.6 billion in the first nine months of 2019 compared to $31 billion in the year-earlier period. Alternative Investments Mideast Stocks: Saudi hits 11-month low as most Gulf markets fall News Aggregation Team Wednesday, October 16, 2019 1:00 am http://mebankers.net/article/31019/mideast-stocks-saudi-hits-11-month-low-as-most-gulf-markets-fall Property shares weak in Dubai Alternative Investments Azizi Developments close to securing over Dh700 million in financing from Abu Dhabi bank News Aggregation Team Wednesday, October 16, 2019 1:00 am http://mebankers.net/article/31023/azizi-developments-close-to-securing-over-dh700-million-in-financing-from-abu-dhabi-bank UAE banks getting more keen to raise their exposures to real estate sector Alternative Investments Aldar investment unit sees strong demand for $500m sukuk News Aggregation Team Wednesday, October 16, 2019 1:00 am http://mebankers.net/article/31028/aldar-investment-unit-sees-strong-demand-for-500m-sukuk Aldar Investment Properties announced on Wednesday the successful placement of a fixed rate $500 million dollar-denominated sukuk Alternative Investments Al Waha invests in Beijing-based MSA Capital News Aggregation Team Wednesday, October 16, 2019 1:00 am http://mebankers.net/article/31036/al-waha-invests-in-beijing-based-msa-capital Both China and Bahrain offer a substantial pool of tech talent, startup capital and digitally minded consumers, so the scope for further building this relationship is substantial,” said Areije Al Shakar, fund director at Al Waha Fund of Funds. Alternative Investments HSBC forecasts economic slowdown in Q4, rules out recession News Team Monday, October 07, 2019 1:00 am http://mebankers.net/article/30880/hsbc-forecasts-economic-slowdown-in-q4-rules-out-recession The bank adopts a mild risk-off stance on equities with a preference for defensive sectors over cyclicals Wealth & Asset Management Ultra Wealthy Population Analysis: The World Ultra Wealth Report 2019 News Aggregation Team Tuesday, October 01, 2019 1:00 am http://mebankers.net/article/30807/ultra-wealthy-population-analysis-the-world-ultra-wealth-report-2019 This subdued increase comes on the heels of a year of significant growth the prior year, when the population increased by nearly 13%. Wealth & Asset Management KT For Good: All that glitters is not always gold News Aggregation Team Wednesday, September 18, 2019 1:00 am http://mebankers.net/article/30643/kt-for-good-all-that-glitters-is-not-always-gold In the UAE, the yellow metal is trading at Dh181.50 per gramme. Wealth & Asset Management Responsible finance is leading sustainability theme for BMO responsible global emerging market equity strategy News Team Monday, September 16, 2019 1:00 am http://mebankers.net/article/30600/responsible-finance-is-leading-sustainability-theme-for-bmo-responsible-global-emerging-market-equity-strategy The report marks the first time that BMO’ Responsible Global Emerging Market Equity team has mapped every one of the portfolio’s holdings to the SDGs, with an estimated 60% of holdings positively aligned. Wealth & Asset Management Legacy planning for NRI business owners News Aggregation Team Thursday, September 12, 2019 1:00 am http://mebankers.net/article/30562/legacy-planning-for-nri-business-owners They need to mix creation of wealth with assessing their future needs Wealth & Asset Management Quilter Cheviot secures Category 4 licence in Dubai News Team Monday, September 09, 2019 1:00 am http://mebankers.net/article/30487/quilter-cheviot-secures-category-4-licence-in-dubai Quilter Cheviot's Dubai office has successfully secured a Category 4 licence, having previously operated within the DIFC (Dubai International Financial Centre) as a representative office Wealth & Asset Management UAE wealth management group plans $1.3bn investment News Team Monday, September 09, 2019 1:00 am http://mebankers.net/article/30494/uae-wealth-management-group-plans-13bn-investment These products will enable AIP to further address market demand for safe, liquid, and unique investments across different asset classes." Wealth & Asset Management Kuwait Finance House Bahrain launches new wealth management services News Aggregation Team Sunday, September 08, 2019 1:00 am http://mebankers.net/article/30460/kuwait-finance-house-bahrain-launches-new-wealth-management-services the new Flexi Wakala Investment Accounts gives the flexibility to withdraw up to 20% of the investment amount during the investment period and profits are distributed to the clients' accounts on maturity date. Wealth & Asset Management KFH–Bahrain offers new wealth management products News Aggregation Team Wednesday, September 04, 2019 1:00 am http://mebankers.net/article/30428/kfhampndashbahrain-offers-new-wealth-management-products Private banking services include several accounts that can be opened in either Bahraini dinars and/or US dollars, such as: Call Accounts which combines the benefit of savings and current accounts, with the added benefit of calculating profits on a daily b Wealth & Asset Management Middle East set to see wealth soar By Yusra Sarkar News Team Tuesday, September 03, 2019 1:00 am http://mebankers.net/article/30391/middle-east-set-to-see-wealth-soar-by-yusra-sarkar ZEDRA is focused on building long-term relationships with all our clients, and this is particularly true for clients in the Middle East. Wealth & Asset Management What brings Huobi, one of the largest Digital asset exchange companies, to the UAE? News Aggregation Team Friday, October 18, 2019 1:00 am http://mebankers.net/article/31062/what-brings-huobi-one-of-the-largest-digital-asset-exchange-companies-to-the-uae Huobi garnering a global share of 50% of digital asset exchange with accumulative turnover exceeding $1.2 trillion and access to over 450+ digital asset pairs, has taken the decision to expand its presence in the UAE and Middle East with its latest range FinTech Can Dubai go green with flying taxis and 'rooms on wheels'? News Aggregation Team Thursday, October 17, 2019 1:00 am http://mebankers.net/article/31051/can-dubai-go-green-with-flying-taxis-and-amp039rooms-on-wheelsamp039 “In Dubai it’s better if you’re driving.” FinTech QCB strategy to promote fintech in banking sector: Sheikh Abdulla News Aggregation Team Wednesday, October 16, 2019 1:00 am http://mebankers.net/article/31016/qcb-strategy-to-promote-fintech-in-banking-sector-sheikh-abdulla The QCB governor, early in April, had stressed the importance of fintech as a key tool to achieve long-term development prospects for the financial sector in the country. FinTech Vevue Partners with CBX Exchange for Initial Auction Offering News Team Tuesday, October 15, 2019 1:00 am http://mebankers.net/article/31008/vevue-partners-with-cbx-exchange-for-initial-auction-offering Social Media Platform is Selling an Initial 5 Million Security Tokens FinTech Smart Dubai is developing 30 blockchain projects: PwC News Aggregation Team Tuesday, October 15, 2019 1:00 am http://mebankers.net/article/30993/smart-dubai-is-developing-30-blockchain-projects-pwc 50% of government transactions to be on Blockchain by 2021 FinTech Path Solutions upgrades Maisarah’s core banking platform for enhanced performance News Aggregation Team Tuesday, October 15, 2019 1:00 am http://mebankers.net/article/30991/path-solutions-upgrades-maisarahamprsquos-core-banking-platform-for-enhanced-performance The successful upgrade will enable further innovation at Maisarah to meet evolving customers’ needs as it expands its business. FinTech UBF and SWIFT collaborate to combat cyberattacks on UAE banking industry News Aggregation Team Tuesday, October 15, 2019 1:00 am http://mebankers.net/article/30999/ubf-and-swift-collaborate-to-combat-cyberattacks-on-uae-banking-industry Initiative to counter electronic fraud in the UAE’s banking industry FinTech 10 key technologies disrupting the GCC market News Aggregation Team Monday, October 14, 2019 1:00 am http://mebankers.net/article/30984/10-key-technologies-disrupting-the-gcc-market MEED, the region’s leading business intelligence provider looks at 10 technologies set to transform the Middle East over the next decade. FinTech A testing ground for financial technologies News Aggregation Team Friday, October 11, 2019 1:00 am http://mebankers.net/article/30958/a-testing-ground-for-financial-technologies Sandbox is a virtual space for CBB-licensed institutions FinTech UAE: Here's how customers access banking, real estate and automotive sector websites News Aggregation Team Thursday, October 10, 2019 1:00 am http://mebankers.net/article/30946/uae-hereamp039s-how-customers-access-banking-real-estate-and-automotive-sector-websites The research covered desk top devices relating to web traffic of the UAE’s automotive, banking and real estate sectors during the last 12 months. FinTech Qatar Islamic banks looking at overseas expansion: Fitch News Aggregation Team Friday, October 18, 2019 1:00 am http://mebankers.net/article/31066/qatar-islamic-banks-looking-at-overseas-expansion-fitch The average impaired financing ratio was significantly lower for Islamic banks compared with their conventional peers at end of H1, 2019. Islamic Finance DIB’s 9-month net profit crosses Dh4 billion News Aggregation Team Wednesday, October 16, 2019 1:00 am http://mebankers.net/article/31018/dibamprsquos-9-month-net-profit-crosses-dh4-billion Total income surpasses Dh10.25 billion, up by 20 per cent year on year Islamic Finance DIFC posts 45% solid growth in Islamic assets in 12 months News Aggregation Team Wednesday, October 16, 2019 1:00 am http://mebankers.net/article/31029/difc-posts-45-solid-growth-in-islamic-assets-in-12-months Islamic finance has been growing at 1.5 times the rate of traditional finance Islamic Finance Saudi Arabia ranks third for competitiveness in MENA News Team Wednesday, October 16, 2019 1:00 am http://mebankers.net/article/31033/saudi-arabia-ranks-third-for-competitiveness-in-mena King Salman's Vision 2030 and the economic and social reforms that the Kingdom has implemented in the last few years have had monumental effects on the market Islamic Finance BisB Participates in FinTech Workshops Abroad News Aggregation Team Friday, October 11, 2019 1:00 am http://mebankers.net/article/30955/bisb-participates-in-fintech-workshops-abroad During the Workshops, Ms. Shunnar introduced the Bank’s latest digital innovations and technologically-empowered financial solutions Islamic Finance International Islamic Liquidity Management Corporation reissues $500mln sukuk News Team Thursday, October 10, 2019 1:00 am http://mebankers.net/article/30943/international-islamic-liquidity-management-corporation-reissues-500mln-sukuk Reissuance consisted of $200 million with 3-week tenor and $300 million with 3-month tenor at a profit rate of 2% each Islamic Finance NBB push to comply with data protection law News Aggregation Team Wednesday, October 09, 2019 1:00 am http://mebankers.net/article/30922/nbb-push-to-comply-with-data-protection-law Under the PDPL, organisations are required to obtain the consent of their customers to continue to communicate with them . Islamic Finance Global Islamic Financing Market 2019: Abu Dhabi Islamic Bank, Al Baraka Banking and Al Rajhi Bank News Aggregation Team Wednesday, October 09, 2019 1:00 am http://mebankers.net/article/30924/global-islamic-financing-market-2019-abu-dhabi-islamic-bank-al-baraka-banking-and-al-rajhi-bank The key Islamic Financing market trends which have led to the development of Islamic Financing will drive useful market insights. Islamic Finance 1,000 Islamic finance experts to take part in Bahrain forum News Aggregation Team Friday, October 04, 2019 1:00 am http://mebankers.net/article/30872/1000-islamic-finance-experts-to-take-part-in-bahrain-forum The largest and most prestigious gathering of Islamic banking and finance leaders is the flagship offering of Middle East Global Advisors. Islamic Finance Saudi Arabia's Samba issues $1bln international notes News Aggregation Team Sunday, September 29, 2019 1:00 am http://mebankers.net/article/30779/saudi-arabiaamp039s-samba-issues-1bln-international-notes The maturity date of the issuance is in five years, generating a 2.865 percent annual yield Islamic Finance Taking Economy To New Heights News Aggregation Team Friday, October 18, 2019 1:00 am http://mebankers.net/article/31068/taking-economy-to-new-heights The data also reflects the latest IMF report which downgrades the global economic growth to 3 per cent Research, Comment and Analysis Middle East M&A and IPO activity to remain attractive despite global economic uncertainty News Aggregation Team Friday, October 18, 2019 1:00 am http://mebankers.net/article/31065/middle-east-mampampa-and-ipo-activity-to-remain-attractive-despite-global-economic-uncertainty Saudi Aramco's proposed floatation of 2% of its shares could boost Middle East IPO activity in 2020 Research, Comment and Analysis Comment: Unearthing the Middle East's health insurance challenges and opportunities News Aggregation Team Thursday, October 17, 2019 1:00 am http://mebankers.net/article/31040/comment-unearthing-the-middle-eastamp039s-health-insurance-challenges-and-opportunities The region's insurance market is relatively concentrated. Research, Comment and Analysis Women changing the wealth landscape in the Middle East News Aggregation Team Thursday, October 17, 2019 1:00 am http://mebankers.net/article/31049/women-changing-the-wealth-landscape-in-the-middle-east Between 20% and 40% of wealth in the region is held by or for women Research, Comment and Analysis M&A deals jump 50% in Middle East says Clyde & Co study News Team Thursday, October 17, 2019 1:00 am http://mebankers.net/article/31057/mampampa-deals-jump-50-in-middle-east-says-clyde-ampamp-co-study Despite relatively tough market conditions, both deal volumes and aggregate values have increased since our previous study in 2017, suggesting there is good reason to be optimistic about the outlook ahead. Research, Comment and Analysis 6 GCC Skyscrapers Among World's 50 Most Influential Skyscrapers News Aggregation Team Wednesday, October 16, 2019 1:00 am http://mebankers.net/article/31025/6-gcc-skyscrapers-among-worldamp039s-50-most-influential-skyscrapers Burj Khalifa and Burj Al Arab hotel from Dubai, as well as Al Bahar Tower in Abu Dhabi made it on the list. Research, Comment and Analysis Arabian Business Awards set to take place in Dubai on October 28 News Aggregation Team Tuesday, October 15, 2019 1:00 am http://mebankers.net/article/30998/arabian-business-awards-set-to-take-place-in-dubai-on-october-28 A limited number of tables are available for this prestigious awards ceremony Research, Comment and Analysis Silicon Valley is snubbing Saudi Arabia’s glitzy conference a year after the Khashoggi killing News Aggregation Team Tuesday, October 15, 2019 1:00 am http://mebankers.net/article/31004/silicon-valley-is-snubbing-saudi-arabiaamprsquos-glitzy-conference-a-year-after-the-khashoggi-killing Saudi money? Yes. Saudi conference? No. Research, Comment and Analysis Riyadh Season to generate 46,000 seasonal jobs for Saudis News Aggregation Team Monday, October 14, 2019 1:00 am http://mebankers.net/article/30979/riyadh-season-to-generate-46000-seasonal-jobs-for-saudis The first day of the forum witnessed a series of discussions, in which the speakers included Minister of Economy and Planning Dr. Mohammed Al-Tuwaijri and Minister of Communications and Information Technology Abdullah Al-Sawaha. Research, Comment and Analysis Women changing the wealth landscape in the Middle East News Aggregation Team Monday, October 14, 2019 1:00 am http://mebankers.net/article/30977/women-changing-the-wealth-landscape-in-the-middle-east Between 20% and 40% of wealth in the region is held by or for women Research, Comment and Analysis Garanti BBVA leads Responsible Banking efforts in Turkey News Team Thursday, October 17, 2019 1:00 am http://mebankers.net/article/31060/garanti-bbva-leads-responsible-banking-efforts-in-turkey Garanti BBVA and the other top Turkish banks participating in the initiative met with media to stress the importance of this issue. Investment Bank Arabtec confirms talks to appoint UBS to advise on merger News Aggregation Team Wednesday, October 16, 2019 1:00 am http://mebankers.net/article/31015/arabtec-confirms-talks-to-appoint-ubs-to-advise-on-merger Arabtec said in September it is considering possible merger with Trojan Holding Investment Bank JPMorgan sees Middle East deal flow making up for lower fees News Aggregation Team Thursday, October 03, 2019 1:00 am http://mebankers.net/article/30847/jpmorgan-sees-middle-east-deal-flow-making-up-for-lower-fees JPMorgan's Middle East business has grown 25% in the last five years Investment Bank Boutique banks compete for $15bn Binladin debt revamp News Aggregation Team Thursday, October 03, 2019 1:00 am http://mebankers.net/article/30854/boutique-banks-compete-for-15bn-binladin-debt-revamp Saudi Arabia's biggest construction firm is restructuring debt after the kingdom delayed payments to contractors following the drop in oil prices. Investment Bank SABB the first bank in the Middle East, North Africa & Turkey to go live with SWIFT gpi for corporates News Team Wednesday, October 02, 2019 1:00 am http://mebankers.net/article/30831/sabb-the-first-bank-in-the-middle-east-north-africa-ampamp-turkey-to-go-live-with-swift-gpi-for-corporates As part of the early adopters for g4c program, SABB and one of the leading global corporates are now the first in the region to go live on the service Investment Bank HSBC Group becomes major shareholder of its Saudi subsidiary News Aggregation Team Wednesday, October 02, 2019 1:00 am http://mebankers.net/article/30834/hsbc-group-becomes-major-shareholder-of-its-saudi-subsidiary HSBC Saudi Arabia is now an indirect 51% owned subsidiary of HSBC Holdings plc, a statement by HSBC said Investment Bank Stable, growing and successful economies should be inclusive, says Omar Alghanim News Aggregation Team Tuesday, September 24, 2019 1:00 am http://mebankers.net/article/30720/stable-growing-and-successful-economies-should-be-inclusive-says-omar-alghanim Gulf Bank participates in CBK’s International Banking Conference, themed ‘Shaping the Future’ Investment Bank Citibank economist allays fears over global recession News Aggregation Team Tuesday, September 24, 2019 1:00 am http://mebankers.net/article/30722/citibank-economist-allays-fears-over-global-recession Trade tension could impact financial markets in Gulf region, says expert Investment Bank Citi expects ‘record year’ on back of Saudi Arabia and UAE operations News Aggregation Team Wednesday, September 11, 2019 1:00 am http://mebankers.net/article/30541/citi-expects-amplsquorecord-yearamprsquo-on-back-of-saudi-arabia-and-uae-operations Investment banking fees have helped drive regional revenue growth to high single -digits Investment Bank Qatar non-oil activity buoyed by government investment: NBK News Aggregation Team Monday, August 26, 2019 1:00 am http://mebankers.net/article/30310/qatar-non-oil-activity-buoyed-by-government-investment-nbk Over the medium term, as infrastructure projects related to the FIFA World Cup 2022 Investment Bank