Retail Banking Archives - Managers of Wealth Middle East

Retail Banking

UAE credit card fees: Customers hit with Dh400-Dh500 annual charges after fee exemption ends without warning

September 18, 2026

Some bank customers have confirmed that they did not receive clear and prior notification at the end of the period …

Retail Banking

First Abu Dhabi Bank Executes Landmark Live Tokenized Deposit Settlement with Citi via Swift Ledger

September 17, 2026

The global cross-border payments landscape has achieved a major technological milestone as regulated commercial bank money transitions onto programmable digital …

Retail Banking

Central Bank of Oman gold value doubles to $1.2bln as revaluation gain reaches $408mln

September 17, 2026

The value of bullion held by the Central Bank of Oman (CBO) doubled to RO 468.1 million at the end …

FinTech

Thunes Expands Cross Border Payouts Across Six Middle East Markets

September 16, 2026

Thunes has expanded its cross-border payout network into six more Middle Eastern markets. The company has introduced services in Bahrain, …

FinTech

Neopay, Commercial Bank of Dubai partner to strengthen access to funds for SMEs

September 16, 2026

Neopay, a leading payments solutions provider in the UAE, has partnered with Commercial Bank of Dubai (CBD) to help small …

Retail Banking

Kuwait tightens lending criteria for expatriates amid job security concerns

September 15, 2026

Kuwaiti banks are tightening lending criteria for expatriates as concerns over job security, Kuwaitisation and potential contract terminations prompt lenders …

Retail Banking

Kuwait banks create ‘grey list’, tighten expatriate lending as job security becomes key credit factor

September 15, 2026

Kuwait banks are becoming more selective in lending to expatriates, shifting from broad-based expansion toward a more risk-focused approach. Lenders …