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

Fitch affirms Commercial Bank’s rating at ‘A’ with stable outlook

With Fitch’s rating in place, Commercial Bank continues to enjoy strong credit ratings across all major agencies.

Strengthening financial access in key industrial areas: ahlibank opens Rusayl branch

As part of a wider network expansion initiative, the Rusayl branch reinforces ahlibank’s mandate to serve high-potential locations while further advancing the bank’s customer-centric growth trajectory

Commercial Bank gets 'Best Mobile Banking App' award from International Finance

The CBQ Mobile App is a standout example of the bank’s core values; innovation, accessibility, and a strong focus on user experience.

Qatar bank issues $750m five-year sukuk

Qatar Islamic Bank taps debt markets with new sukuk issuance

Sohar International receives prestigious ‘CX Team of the Year’ award for innovation and impact

Underscores Sohar International’s unwavering dedication to enhancing the customer experience through a progressive approach

Gulf Bank and Warba Bank initiate merger assessment

The banks are now awaiting regulatory guidance from the Central Bank of Kuwait before proceeding to the next stages of evaluation.

Emirates NBD, Siemens partner to finance UAE green infrastructure push

Collaboration highlights Emirates NBD and Siemens’ commitment to expand the integration of energy efficiency measures by combining green tech and credit solutions

Saudi commercial bank profits jump 16% in April, topping $2bn before zakat, tax

The sustained momentum is attributed to a robust mix of state spending on giga-projects, resilient consumer demand, and still-elevated interest rates.

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

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