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

Qatar banking sector assets hold steady as lending rises in July

Total banking sector assets stood at $602bln in July 2026

Saudi Central Bank Invests $6.95 Million in Bank of New York Mellon Corporation $BNY

Several brokerages recently issued reports on BNY. Royal Bank Of Canada upped their target price on shares of Bank of New York Mellon from $142.00 to $168.00

NBK ranks among the region’s 10 leading banks in the Banker’s Top Arab Banks 2026

In a ranking reaffirming the strength of NBK’s brand and solid financial position

First Abu Dhabi Bank tests 24/7 cross-border payments with Citi

UAE bank uses tokenised deposits in live US dollar transactions through Swift Ledger

Bank ABC Named ‘Best Bank for Cash Management in the Middle East in 2026’ Among Four Prestigious Global Finance Awards

The Bank was awarded Best Bank for Cash Management in the Middle East in 2026

Sohar International and National Bank of Oman jointly leads $720mln refinancing facility for Phoenix Power

Following the 15-year extension of its Power Purchase Agreement with Oman Power and Water Procurement Company

Vision Bank launches SME financing to support cross-border trade

New Shari’ah-compliant proposition is designed to help SMEs access short-term trade finance through digital platform partnerships in selected markets

Roland Berger: Gulf banks reduce bad loans, but underlying credit risks remain

NPLs are loans that borrowers have failed to pay for 90 days or more, or that are otherwise unlikely to be repaid in full.

Jordan Kuwait Bank Extends Strategic Partnership with Al Aman Fund for the Future of Orphans

The support includes young people who graduated from residential care homes and who spent most or all of their childhood in care centers affiliated with or registered with the Ministry of Social Development

Jordan Kuwait Bank Marks Golden Jubilee with Guinness World Records Title for the Largest Coin Mosaic Depicting a Logo

The mosaic was unveiled at the Bank’s headquarters in Abdali, Amman, where it now serves as a centerpiece of the newly renovated main reception area.

ANB plans USD-denominated AT1 Sukuk

The offering size and terms will be determined at a later stage based on market conditions.

UAE, Egypt Central Banks Coordinate Over US Action Against Banque Misr

The statement comes after the US Treasury proposed a regulatory measure targeting the UAE branches of Banque Misr.

NBE named Egypt’s "Best Private Bank" at Euromoney Awards 2026

The award recognizes NBE’s integrated banking and investment solutions tailored to the needs of different customer segments, including its Platinum clients, in line with international banking standards and best practices.

Oman bank loans exceed deposits as ratio reaches 102.9%

The latest figures come as Oman’s economy continues to expand.

BNP Paribas receives Saudi regional headquarters licence

Saudi Arabia has pushed multinational companies to relocate their regional headquarters to Riyadh in recent years

HSBC launches UAE’s first immediately international bank account

HSBC launches UAE’s first international-by-default account with one IBAN and debit card

Middle East conflict to weigh on Qatari banks' 2026 profits

Profitability is expected to recover towards ‘historically strong levels’ in 2027-28, Moody's said

Arab African International Bank Launches Business Hubs as «One Stop Banking Destination» to Empower Various business Sectors

This initiative aligns with the bank’s ambitious expansion strategy, with the goal of extending the model across all geographical areas.

Al Baraka Islamic Bank joins wage protection system for corporate and institutional clients

Aimed at facilitating payroll payment management

Middle East Banks Grow African Presence

For decades, the continent was a preserve of Western lenders.

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