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

Souhoola launches Egypt’s first prepaid card offering instalment payment options

The card will target both Souhoola’s existing users and a wide base of new customers across Egypt’s major urban centers, reinforcing the company’s growing influence in the country’s modern fintech ecosystem.

NBB records 4% growth in net profit attributable to shareholders for 2025

The decrease is attributable to the negative mark-to-market movements of the bond portfolio.

Emirates NBD expands precious metals offering with branded silver bars

New offering adds to the portfolio diversification options for retail and HNI clients providing secure access to the precious metal asset

National Bank of Fujairah and Fanar Advisor sign MoU to strengthen SME banking distribution

The collaboration will support NBF’s customer acquisition strategy across SME and corporate banking products, reinforcing a disciplined and scalable distribution framework

NBK–Egypt reports net profit of EGP 8.09bln (Equivalent to KWD 51.24mln) for FY2025

Profitability indicators remained robust, with Return on Average Assets (ROAA) at 3.8% and Return on Average Equity (ROAE) at 30.7%.

National Bank of Kuwait launches diversity, equity, and inclusion council

Aimed at establishing a sustainable institutional framework to incorporate these values into all the Group's HR practices

Emirates NBD Board of Directors recognises ICAEW & ACCA qualified UAE national chartered accountants

In the presence of H.H. Sheikh Ahmed bin Saeed Al Maktoum

Ithmaar Bank reports profits for 2025

Ithmaar Bank reported a net profit attributable to equity holders for the year ended 31 December 2025 of BD4.40 million

NBK is the banking sector’s exclusive and strategic partner of the 2026 Arab content forum

Held at JACC under the patronage of the Minister of Information

EGP holds steady against dollar on Tuesday at most banks

Commercial International Bank (CIB) quoted the dollar at EGP 46.82 pounds to buy and 46.92 to sell.

UAE's banking assets, industrial exports see growth in 2025

The growth was supported by higher foreign currency lending as well as expanded domestic credit to the private sector, government-related entities, and other financial institutions.

Al Baraka Bank Egypt launches 1st digital branch to promote digital transformation

Al Baraka Bank Egypt aims for digital channels to serve 70% of its total customer base

Dukhan Bank and Dibsy announce strategic partnership to advance open banking in Qatar

The collaboration aligns with the strategic direction of Qatar Central Bank

First Abu Dhabi Bank to open Nigerian office in sub-Saharan push

We were absolutely convinced that we needed a presence in sub-Saharan Africa. We have a presence in Egypt.

ALEXBANK signs an MoU with Blu EV

Under the auspices of the Embassy of Italy in Cairo and on the sidelines of Ms. Paola Papanicolaou’s visit to Egypt

Gulf Bank reports a net profit of KD 52.4mln for the full year 2025

With proposed cash dividends of 9 fils per share and a 5% bonus share distribution

Arab Bank Group reports record net profit of $1.13bln for 2025, 40% cash dividends

The Group’s equity position also reflects financial stability and resilience, standing at USD 13.2 billion at year-end

Central Bank Pilots Face-and-Palm Biometric Payments, Extending UAE’s Seamless-Travel Ecosystem

Industry insiders predict the system will integrate with Emirates ID by year-end, creating a single digital identity for both border crossing and commerce.

As UAE central bank trials palm payments, Amazon ditches the tech

The central bank is working with vendors PopID and Network International through its sandbox programme on a proof-of-concept of the biometrics-based payments.

NBK launches for its employees the “Wellness Week” initiative with more than 10 companies

At the headquarters from 19 to 26 January

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