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

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.

Gulf International Bank reports 2025 first quarter results

This reflects a 1% increase from $47.5 million in the same period last year

SAB named ‘best bank in Saudi Arabia’ for sixth year in row

This recognition is a testament to the confidence the financial sector places in SAB.

NBO introduces Direct Debit E-Mandate, transforming recurring payments in Oman

Developed as part of the Central Bank of Oman’s (CBO) digital payment efforts

QIB receives 'Best Retail Bank' and 'Best SME Bank in Qatar' awards

The bank has also introduced the first ‘Auto Marketplace’ in Qatar

Kuwait’s Warba Bank mandates banks for $250 mln AT1 capital sukuk

Part state-owned bank is to issue the AT1 sukuk for capital adequacy and general corporate purposes

National Bank of Fujairah wins in five categories at MEA Finance Banking Technology Awards 2025

NBF recognised for excellence in innovation, cybersecurity, mobile banking, and corporate payments

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