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

UAE’s Emirates NBD issues mandate for kangaroo bond

The issuance comes under its A$4 billion Kangaroo Debt Issuance Programme

Riyad Bank and Mastercard join forces to empower MSMEs

The two entities have introduced a unique credit card program offering micro, small, and medium-sized enterprises access to financial solutions to grow and thrive.

QIB and Visa Partner to Expand B2B Cross-Border Payments

QIB is the first Islamic bank in Qatar to adopt Visa B2B Connect, positioning the partnership as both a regional milestone and part of the country’s broader push for financial innovation.

Qatar’s banking sector assets reach QR2.072 trillion in April

The sector’s loans were marginally down by 0.2 percent month-on-month to reach QR1,384.4bn in April this year.

Dukhan Bank announces launch of major promotional campaign in partnership with Visa

This campaign aims to reward Dukhan Bank Visa credit cardholders with numerous exceptional prizes simply for using their cards for both local and international payments.

Oman’s banking sector credit rises 9pc to $87.3b

Deposits across the banking system also showed robust growth

Sohar International honored with three awards at NABS 2025

Reinforces leadership in growth, innovation, and purpose-driven banking

Kuwaiti lender Boubyan prices $500mln 5-year sukuk

The issuance is rated A by Fitch, in line with the lender’s rating by Fitch and S&P, and A2 by Moody’s

Ajman Bank wins MEA Finance Banking Technology Awards 2025 for outstanding innovation and digital excellence in Islamic Banking

The awards celebrate excellence in banking innovation and digital transformation across the Middle East and Africa

NBB named Best Bank in Bahrain at Euromoney Awards for Excellence 2025

NBB achieved strong growth with a 7% rise in assets and 11% increase in profits.

Commercial Bank awarded with best bank for SMEs in Qatar by Euromoney

The Bank has also introduced remote cheque deposits and a state-of-the-art trade portal

UAE Central Bank orders halt to minimum balance hike

Circulating reports claim some banks may raise minimum balance requirement to Dh5,000

NBK-Egypt sees 58% higher profits in Q1-25

Net operating income stood at EGP 3.80 billion in Q1-25, higher by 38% than EGP 2.80 billion in Q1-24, according to the financial results

NBK-Egypt reports EGP 2bln (Equivalent to KWD 12.6mln) net profit in 1Q2025

Marking Record 58% Growth

Capital Bank wins two prestigious awards: “Best Mobile Banking App in Jordan” and “Best Wealth Management Services in Jordan” for 2025

The bank was named Best Mobile Banking App in Jordan for the second year in a row

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