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

ADCB logs 26% net profit growth in Q1 2024

ADCB has continued growth momentum into 2024, delivering a first-quarter net profit before tax of AED2.431 billion, an increase of 26 percent year-on-year

Safest Banks In Egypt

Bank ratings depend heavily on the country’s sovereign rating and Egyptian banks are especially sensitive to the sovereign rating since many of their banks are state owned.

Mashreq Egypt and Visa introduce innovative Mashreq NEO Visa card featuring Visa Ambassador Mohamed Salah

This groundbreaking partnership brings together two industry leaders to deliver unparalleled banking experiences to Egyptian citizens

Commercial Bank wins two awards at 2024 International Finance Magazine awards

Commercial Bank continues to redefine the banking landscape through innovation, technology, and customer-centricity.

NBK reports KD 146.6mln in net profits for 1Q2024

The Bank reported a net profit of KD 146.6 million (USD 476.8 million), compared to KD 134.2 million (USD 436.6 million) for the corresponding period in 2023, improving by 9.2% year-on-year

Sohar International the strategic partner for the upcoming Oman Forum 2024

The upcoming Oman Forum will feature two engaging panel discussions

Dukhan Bank reports net profit of QR423m for first quarter

The balance sheet is mainly funded by customer deposits

Doha Bank achieves profit of QR231m in Q1

The Bank achieved growth in the private sector lending of 5.1 percent as compared to the previous year.

Kuwait’s banking sector witnesses robust growth in 2023

Underlining the sustained resilience of the banking sector in the region, KPMG published the ninth edition of the GCC listed banks’ results.

Burgan Bank continues its support for KACCH, BACCH for 23rd consecutive year

Part of its comprehensive social responsibility program

QIB Profit grows by 5.5% to reach QAR 955mln for three months’ period ended 31 March 2024

Total Assets reach QAR 192 Billion

NBK gives customers the opportunity to win exclusive packages for 2024 Summer Olympics in Paris courtesy of VISA

As part of delivering premium offers and rewards to customers

Oman's Bank Muscat Q1 net profit up 6%, beats estimate

The net profit beat analysts’ mean estimate of OMR 52 million, according to LSEG data.

The BNK Group expands its horizons into the GCC

The BNK Group boasts a dedicated team of over 70 in-house designers, project managers, and site supervisors, curating a distinguished portfolio with 500+ executed projects.

QNB: Financial Results For The Three Months Ended 31 March 2024

The ratio of non-performing loans to gross loans stood at 2.9% as at 31 March 2024

Commercial Bank champions sustainability with 'Build a Bike initiative' in Qatar

Commercial Bank has always been a key player in the Corporate Social Responsibility field

QNB Al Ahli’s consolidated profits exceed $147.2mln in Q1-24

The recorded net profits were higher year-on-year (YoY) than EGP 4.71 billion, including minority interest, according to the financial results

Ro’ya Talent Program ends, marking milestone for Burgan Bank’s leadership development

Bank cements its commitment to development of human capital

Capital Bank renews partnership with Elia Nuqul Foundation and grants scholarships to 9 students

The provided scholarships will cover tuition fees in addition to providing a monthly allowance

UAE's 15% remittance fee hike: Will more residents switch to digital when sending money?

From May, remittances from physical branches of UAE currency houses will cost 15% more

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