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

Egypt parliament approves $2bn loan from regional banks

Finance Minister Ahmed Kouchouk addressed lawmakers, stating that the government is repaying previous loans in larger installments than agreed.

Kuwait’s Burgan Bank to take over United Gulf in 2025

The bank has received clearance from the Kuwaiti central bank to buy a 100 percent stake in United Gulf Bank, KIPCO Group said in a regulatory filing on Boursa Kuwait on Thursday.

Al Salam Bank announces platinum sponsorship of CPISP

Together, we look forward to continuing the success of this program and creating a meaningful impact for future generations.

NBK advises customers to ensure updating civil ID and personal documents through official websites

Within its continuing efforts to promote the “Let’s Be Aware” banking awareness campaign

Qatar Central Bank cuts interest rates by 30 basis points

In a post on its official account on the X platform, the QCB explained that in accordance with the decision of the Monetary Policy Committee regarding monetary policy tools

Saudi Red Sea International secures $104mln financing from Riyad Bank

Shariah-compliant financing is meant to support construction of a staff camp

QNB Group launches special campaign for QNB First Members on Qatar National Day

They can view offers through QNB Explorer Mobile application and enjoy these benefits.

Qatar Central Bank launches new Real-Time Gross Settlement System

This system is characterized by providing immediate settlement of transactions between banks

Saudi Social Development Bank and SNB to launch financing portfolio for entrepreneurs

The newly launched portfolio will also provide individuals with entrepreneurial knowledge.

Emirates NBD powers digital asset custody in the UAE through investment in Zodia Custody

Bank invests in Zodia Custody through its Innovation Fund

Apple Pay Launches in Egypt with Three Partner Banks

This development is expected to simplify digital transactions for millions of users in the country.

Arab National Bank leverages AIOps solutions to enhance customer experiences

Troubleshooting used to be a time-consuming process but now we’re far more productive.

Bank Nizwa earns dual recognition for empowering women employees at WOMANi Awards 2024

The award is a testament to its efforts in creating opportunities for women across all organizational levels

Bank of the Year Awards – Middle East

Find out which banks won awards in each country for Middle East

Commercial Bank features insights into latest global platform video of Oxford Business Group

In the video, Shahnawaz Rashid, Executive General Manager and Head of Retail Banking at Commercial Bank, discusses the critical role the banking industry plays in driving sustainability and economic growth.

The BIBF Board of Directors holds its third meeting of the year

Reinforcing its Commitment to Human Capital Development

Sohar International’s CTO delivers insightful sessions at Muscat University’s Customer Experience Program

Continues to strengthen its commitment to societal development through strategic initiatives

NBK receives MERIT’s special recognition for ‘Developing Women Leaders’

For the ‘NBK RISE’ Program

Capital Bank Group reaffirms commitment to innovative financial services

The Group emphasized its independence, operating without affiliation with other financial entities or platforms entering the market

Ahlibank recognized as the ‘Best Conventional Bank in Oman’

Showcasing its banking expertise and forward-thinking vision as a thriving center for banking