Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

EGP steady as dollar trades near 47.3 at major banks

The exchange rate between the USD and EGP recorded EGP 47.23 for purchasing and EGP 47.33 for selling at the United Bank and Faisal Islamic Bank

National Bank opens Dubai office as Canada aims to expand trade ties with UAE

The bank’s clients have been proactively travelling to the UAE and expanding their businesses in the region

Dukhan Bank posts net profit of QR1.41bn in 2025

Our priority remains the creation of sustainable value for all stakeholders, while contributing meaningfully to Qatar’s wider economic and social development.

QNB Group profits rise 1.7% in 2025

Earnings per share rose to QR 1.74 in 2025 compared to QR 1.69 in the same period of last year

NBK maintained its massive efforts to enhance financial literacy in Kuwait throughout 2025

Implementing a chain of innovative initiatives, lectures, and workshops for all society segments

BisB launches “Save Plus” – a Sharia’a‑compliant digital savings scheme for long‑term financial security

Designed to help customers plan for their financial future

Riyad Bank completes issuance of $1B T2 capital sustainable notes

It may only be sold under Regulation S of the US Securities Act of 1933, as amended.

NBK affirms its leadership in social responsibility and human resources with seven Brandon Hall awards

For its excellence in launching outstanding community initiatives and developing innovative internal programs that enhance the workplace environment

BankDhofar supports the aims of Oman Vision 2040

BankDhofar stands out among Omani banks for its close alignment with Vision 2040 and its tangible contributions to economic diversification and private-sector empowerment

Mastercard expands payment services in Syria with new partnership

The companies said the alliance will enhance the Syrian digital banking experience, using technology to bring more people and merchants into the formal financial system.

Bank Nizwa launches partial payment service for cheques issued by the Central Bank of Oman

Partial Cheque Payment Service Now Available

Banque Misr posts $1.43bln in net profits during M9 2025

Profits before tax reached $2.26bln

Qatar commercial banks’ assets up 5.8% to QR2.15 trillion

The significant progress has been made in implementing the strategic objectives outlined in the Third Financial Sector Strategy

Ithmaar Bank announces Ithmaar Reward winner of November draw

Designed exclusively for corporate Modaraba accountholders

Saudi central bank mandates 25 free banking services to boost customer protection

The measure also covers the issuance, renewal and replacement of Mada debit cards, including cases where cards are retained by ATMs

Saudi Arabia Cuts Banking and Payment Fees Under New Guide

As institutions adjust their pricing and systems, the reforms are set to make everyday financial services more transparent, affordable, and competitive for individuals and businesses alike.

Ahlibank awarded ISO 22301 certification for BCMS

This milestone highlights the Bank’s ongoing commitment to adopting global best practices that ensure business continuity, operational resilience and readiness, to unexpected events.

Public sector loans drive Qatar banks’ credit growth

The loans to deposits ratio (LDR) increased from 135 percent in September 2025 to 137 percent in October 2025.

NBK further strengthens its leadership in consumer and digital banking

Leadership in banking for NBK is no longer confined to being first to introduce innovative products, services, and solutions

FAB and Mastercard transform UAE business payments with mobile-first virtual corporate cards

The launch marks a significant leap forward in the modernization of corporate payments, addressing the growing demand for digital and contactless solutions.

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