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

Development Bank approves loans worth RO110mn during H1 2025

This growth reflects the bank’s ongoing commitment to supporting Oman Vision 2040

KIB Group reports net profit of KD 14.8mln for H1 of 2025

Recording a growth of 23 percent

Gulf Bank collaborates with Basta to launch ‘Banker for the Day’ program

This innovative program is a milestone in the field of financial education, offering participants a rich, three-hour experience that combines learning and fun.

United Arab bank selects Lune to embed AI into mobile services

United Arab Bank has announced a strategic partnership with Lune, a leading UAE-based fintech company specialising in AI-driven transaction enrichment and financial data analytics solutions.

Alrayan Bank reports a net profit of Qar 821mln for H1 2025

Net Profit of QAR 821 million, compared to QAR 789 million for H1 2024

Boubyan Bank Net Profits increase to KD52mln

At a Growth Rate of 5% for H1 of This Year

Al Baraka Bank Egypt seals $100mln deals with ICIEC

This strategic partnership is aligned with Al Baraka Bank Egypt’s vision and build on ICIEC’s key role in supporting trade

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.

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