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

Bank Muscat Wins Prestigious Most Innovative Retail Award from Global Brands

The event celebrated outstanding brands from various industries, bringing together business leaders for a memorable evening.

EazyPay partners with Tamara to expand BNPL in Bahrain

The partnership was formalised at a signing ceremony in Manama, reflecting both organisations’ shared commitment to advancing the region’s digital payment landscape.

RAKBANK delivers record profit before tax of AED 1.5bln, up 26%

Driven by non-interest income growth and robust asset quality

Al Baraka Bank Egypt signs two landmark agreements with ICIEC worth $100mln

The agreements include The Documentary Credit Insurance Policy (DCIP) and The Bank Master Policy (BMP)

United Arab Bank net profit up by 50% for the first half of 2025

The increase in net profit reflects significant growth in total assets

Dukhan Bank announces July Thara’a draw winners

The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Commerce and Industry.

Going cashless in UAE? Top digital payment options tourists must know

From international to local wallets—here’s your guide to going cashless in the UAE

QIB net profit up 5.3% to QR2.18 billion in H1

This payout, which is subject to regulatory approval from Qatar Central Bank, will be distributed to shareholders registered as of market close on July 24, 2025.

Tap‘N’Go from Bank Muscat: Enhanced Payment Experience During Khareef Season

The Bank offers the Tap‘N’Go payment service which is a contactless payment service, enabling merchants and business owners, to accept card payments directly via their smartphones.

Commercial Bank named ‘Best Performing Bank in Qatar’ by The Banker

The rankings are based on audited year-end financials and Tier 1 capital strength, making this recognition.

Khaleeji Bank announces its sponsorship of the Bahrain Padel Federation Cup

To be held from July 16 – 19 under the name “Khaleeji Federation Cup”

UAE lender ADCB reports 11% jump in second-quarter profit

ADCB is the third-largest bank by assets in the United Arab Emirates and majority-owned by the government-run Abu Dhabi Investment Council.

Doha Bank launches API product for seamless corporate banking

It is one of the first in Qatar to launch open banking services for transactional and reconciliation services.

Doha Bank named ‘Best Bank in Qatar’ at MEED MENA Banking Excellence Awards

Doha Bank’s win follows a strong year of growth, underpinned by its progress in digital transformation, product innovation, and responsible financial practices.

Gulf Bank signs MoU with global cybersecurity leader CrowdStrike

Partnership to Enhance Cybersecurity Awareness, Increase Digital Resilience in Kuwait’s Business Community whilst developing local expertise

Gulf Bank warns against using open Wi-Fi networks at some airports and hotels

As part of its ongoing support for the “Diraya” campaign

Kuwait International Bank Enhances Self-Service Banking with Diebold Nixdorf Technology

Interactive Teller Machines (ITMs) offer expanded services and convenience to customers

Banking expert calls for international banks to revive Syrian economy

Banking expert Nibal Najma told the newspaper that allowing foreign and regional banks into the Syrian market represents a pivotal move to revitalise the banking system and rebuild the Syrian economy on modern foundations.

Oman’s banking sector strengthens with 8% credit growth

The banking sectors of the Gulf Cooperation Council showed overall credit growth, highlighting regional economic resilience.

Emirates NBD clarifies on DirectRemit: No new fee for money transfers to India, Pakistan, Philippines, Egypt

Dh26 fee applies to non-core corridors, not popular remittance countries: Emirates NBD

Retail Banking