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

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

Emirates Development Bank launches game-changing digital banking platform to empower UAE entrepreneurs

On the final day of Make it in the Emirates 2025

ALEXBANK’s net profits leap 73% YoY in Q1 2025

Despite the economic challenges, ALEXBANK maintained its solid position in terms of the capital adequacy ratio which stood at 30.84%, exceeding regulatory requirements

QNB Egypt Receives Two Esteemed Awards from International Finance Magazine for 2025

The bank received the Excellence in Customer Experience award and was also named the Most Innovative Retail Bank.

Bank Dhofar unveils next-generation ‘Intilaqa’ digital account opening experience

This upgraded platform marks a new era in account opening by offering a 100% digital, fully paperless process that redefines how customers begin their banking journey

The National Bank of Egypt and Mastercard collaborate with Mwasalat Misr to transform public transport payments

The agreement aims to digitize ticketing payments for Mwasalat Misr Group mass transit fleet – empowering commuters to seamlessly book and pay for their journeys via payment cards.

Saudi EXIM Bank secures ‘A+’ credit rating from Fitch, boosting non-oil export growth

Fitch assigned SEB a support score of 45 out of 60

Jordan’s banking sector faces critical skills gap as digital transformation accelerates - ABJ

The findings highlight a changing employment landscape.

Strategic partnership between the National Telecommunications Institute and First Abu Dhabi Bank Misr

To prepare a digitally-skilled banking workforce

Omani banking sector credit surges 7.4% in February

This aligns with Oman’s projected economic growth of 3.4 percent in 2025.

Mashreq set to partner with Clari5 (A Perfios Company) to launch GenAI Powered Fraud Detection Platform

Mashreq aims to collaborate with Clari5 as its technology partner to create Clari5 Genie

Bank of Sharjah to be included in MSCI Global Small Cap Index

This prestigious inclusion marks a significant milestone in Bank of Sharjah’s journey

Bank al Etihad and INVESTBANK announce Jordan’s largest banking merger

The acquisition will be carried out through a capital increase by Bank al Etihad

Egypt: United Bank’s consolidated profits leap 67% YoY in Q1 2025

United Bank registered interest income amounting to EGP 3.443 billion at the end of March 2025, up 20% YoY from EGP 2.867 billion

Bank Nizwa reinforces its role as sustainability pioneer at Oman Sustainability Week 2025

Through its active engagement, Bank Nizwa renews its dedication to environmental stewardship, the advancement of community well-being

NBO Introduces Direct Debit E-Mandate, Transforming Recurring Payments In Oman

The Direct Debit E-Mandate enables customers to schedule regular payments, eliminating the need for manual processing or cheque-based transactions.

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