News

Bank Nizwa opens wealth management office in Oman

Nizwa_Souk-OmanOman-based Islamic bank, Bank Nizwa, is launching its first wealth management office in its home city of Nizwa. According to the bank, the move has been inspired by the growing demand for sharia-compliant financial products among high net-worth individuals and corporates. The centre will offer clients access to a range of Islamic investment services including Mudaraba Investment Options. The bank’s chief executive, Khalid Al Kayed, described the opening of the centre as a milestone for the bank and a reflection of its ambition to expand in “all governorates across the Sultanate”. “We would like to continue playing a greater role as partners in growing the business portfolio of our wealth management customers,” said Al Kayed. “The main proposition from this launch is the personal experience and the links established between our advisors and the growing wealth management customer base.” ©2019 funds globla mena

Executive Interviews

INTERVIEW: ‘Financing is the blood of Iran’s economy’

Jan 04, 2019

Amid a fresh wave of American sanctions, Romil Patel spoke to Meysam Hamedi, director of financial markets and instruments at Iran’s Securities & Exchange Organization (SEO).

INTERVIEW: Totally mega

Jun 13, 2018

In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...

Roundtables

ROUNDTABLE: Hooked to the global caravan

Jan 04, 2019

With the MENA region at a tipping point, our panellists talk about economic diversification, the impact of regulation and the delayed Saudi Aramco listing. Chaired by Romil Patel in Dubai.

MENA ROUNDTABLE: ‘The story is about reforms’

Jun 13, 2018

Our cross-industry panel discuss the positive backdrop in Egypt, the Dana Gas controversy and the potential index upgrades of Saudi Arabia and Kuwait. Chaired by George Mitton in Dubai.