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

United Arab Bank posts Dh75 million net profit for Q1

Total assets stood at Dh26.9 billion at the end of March, up 15% year on year. Loans, advances and Islamic financing increased 21% to Dh15.1 billion

UAE launches digital platform to track essential goods prices

Ministry aims to boost transparency, consumer awareness

Africa’s corporate banking push hits integration headaches

Africa’s banks have made significant strides in rolling out sophisticated digital platforms for corporate clients.

NBB announces 3-month financing and credit cards deferral options

The deferral applies to Personal Finance, Mortgage Finance and Auto Finance instalments

ABHI partners with GCC Exchange to enable instant wage access and seamless remittances across the UAE

This collaboration is designed to enable UAE-based workers with real-time access to their earned wages, alongside efficient and reliable cross-border remittance services

Oman’s Bank Muscat posts 9% rise in Q1 profit on lower impairment

Non-net interest income was OMR 41 million

BankDhofar named ‘Best Trade Finance Bank 2025’ at Global Banking & Finance Awards

The award, presented by Global Banking & Finance Review, places BankDhofar among a select group of regional and international banks recognized this year for outstanding performance, innovation, and impact on the financial sector

Saudi banking sector shows structural strength

The broader global context remains fraught.

NBK reinforces its leadership as Kuwait’s Most Valuable Banking Brand, exceeding $2bln in brand value

Kuwait’s most valuable banking brand, ranked among the world’s top 150

QNB Egypt delivers strong start to 2026 with 33% profit growth in Q1 2026

QNB Egypt continued to build on its solid business model while enhancing its profitability metrics

Mashreq becomes first UAE bank to offer instant digital cross-border accounts for non-resident Egyptians

With free quick remit transfers

Saudi banks hold assets totaling $1.33trln, driven by robust demand for corporate financing

Total bank credit in Saudi Arabia jumped to $880bln by year-end

Saudi bank assets climb to $1.35tn as lending expands: SAMA

Claims on government and quasi-government entities also edged higher, reaching SR910 billion in February, compared with SR907.3 billion in January and SR821.3 billion in February 2025.

Doha Bank wins dual honours at Euromoney Awards

The “Best for Funds” award highlights Doha Bank’s strength in offering a diversified and well-structured portfolio of investment solutions.

Emirates NBD raises $2.25bn in show of investor confidence during war

Dubai bank's financing oversubscribed by more than two times

Khaleeji Bank commends Sattam Algosaibi’s efforts during his tenure as chief executive officer of the bank

Commending his valuable contributions which had a tangible impact in supporting the Bank’s journey

QIB named Best SME Bank in the Middle East and Qatar by Global Finance

This recognition cements QIB’s position as a key financial partner for small and medium-sized enterprises (SMEs)

National Bank of Bahrain reopens branch network

All branches will resume operations, with the exception of the Bahrain International Airport branch, which will remain closed until further notice

Qatar: Commercial Bank launches CB Connect

CB Connect enables customers to speak to a live agent from the Bank without the need for repetitive identity verification, as authentication is securely completed during the app login process

Bahrain vulnerable as conflict tests GCC banks

Gulf lenders retain strong liquidity buffers, but Bahrain may face greater pressure than regional peers if the conflict drags on, writes Sarah Rizvi

Retail Banking