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

Oman’s bank credit expands 8.4% as listed firms post 14% profit rise

The strong performance of Oman’s banking sector and listed companies reflects steady progress toward the country’s Vision 2040 goals

Increase in profits of companies listed on Qatar Stock Exchange by 2.31%

Qatar Stock Exchange stated in a release on its website on Sunday

Absa Business Banking Selects Network International to Drive Digital Payments Innovation Across Africa

Network will provide Absa Business Banking with end-to-end payment processing capabilities through a single payment platform and fully outsourced managed services model.

ADIB inks key Abu Dhabi housing finance agreement

The agreement allows eligible Emirati beneficiaries to apply for a top-up finance on their housing loan issued by the Abu Dhabi Housing Authority

Standard Chartered expands MENA custody network with Egypt launch

Further supporting regional capital flows and strengthening access to MENA markets

Bank ABC net profit reaches $152mln; assets hit historic $48bln

Total operating income for Q2 2025 was $340mln, 3% higher compared to $331mln reported for the same period last year

Al Salam Bank announces record profits for H1 2025

This increase in profitability was predominantly driven by the strong performance of the Group’s core banking operations

UAE banks outperform GCC peers despite geopolitical headwinds

ADCB is the top pick for its cheap valuation and high growth profile, says CI Capital

Arab Bank named ‘Middle East Winner’ at Banker’s Technology Awards 2025

The selection was based on several key criteria

National Bank of Bahrain net profit soars to $126mln in H1

Top Bahraini bank said its total comprehensive income attributable to the shareholders for the period fell 33% to BD34.3 million

Al Baraka Bank Egypt reports outstanding H1 2025 results

Recording net profit of EGP 1.96 bln with 46.7% growth

Saudi banks’ June profits hit record $2.63bn amid loan growth, digital boom

The strong performance builds on a solid first half for the Kingdom’s banking industry, which has benefited from Saudi Arabia’s robust macroeconomic fundamentals and policy reforms.

FAB Islamic partners with Abu Dhabi Housing Authority to deliver subsidised home loans to eligible Emirati beneficiaries

The service supports the UAE’s "Year of Community" initiative

QNB expects deflation to dominate future macro trends

Conversely, deflation, the sustained decline in the general price level or much lower than normal inflation

Arab Bank named "Middle East Winner" at The Banker’s Technology Awards 2025

The awards recognise the most innovative banks across the world for their digital banking initiatives

Banque Misr Supports Kasr Al-Ainy Hospital with EGP 124M for Critical Care Upgrade

The signing was attended by Dr. Fatma El-Gouly, Head of Corporate Communications Sector at Banque Misr

Khaleeji Bank reports net profit attributable to shareholders of BD5.614mln for H1 2025

For the six‑month period ended 30th June 2025

Why UAE, Saudi, Qatari banks are giving out more loans at lower interest rates

Emirates NBD, FAB, Al Rajhi raise guidance as easing rates fuel loan and income growth

Bahrain Development Bank bags two wins at Asian Banking & Finance Retail Banking Awards 2025

BDB addresses short-term liquidity challenges as well with its Invoice Discounting via the digital platform tijara.

Banking consortium grants $127mln syndicated loan to Mountain View for East Cairo project

The funds will partially finance the investment costs of Mountain View’s real estate project in East Cairo, which has an estimated total development value of $296mln