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

Emirates NBD clarifies on DirectRemit: No new fee for money transfers to India, Pakistan, Philippines, Egypt

Dh26 fee applies to non-core corridors, not popular remittance countries: Emirates NBD

Al Ahli bank of Kuwait Earns Top Honour At Global Brand Awards 2024

This achievement reflects their unwavering dedication to delivering exceptional customer service and setting industry benchmarks. Well-deserved recognition for an outstanding team!

Sohar International launches Oman’s first open banking platform, ushering a new era of financial innovation

This strategic advancement enhances the bank’s digital ecosystem

Qatar National Bank suspends share buyback, to resume on July 10

QNB will not conduct its share repurchase during the closed period commencing from 25 June 2025 to 9 July 2025

FAB Becomes First Bank in MENA to Join China’s Cross-Border Payment Network

FAB is currently the only UAE bank operating a fully licensed branch in Mainland China and is committed to supporting the needs of clients and partners in both markets.

FAB becomes MENA’s first lender to join CIPS as direct participant

Move reinforces the ADX-listed bank’s position in cash management and clearing across the MENA region

Oman’s Sohar, Ahli Bank postpone merger talks due to regulatory delays

Ahli Bank will proceed with OMR50mln capital increase

First Abu Dhabi Bank becomes First MENA Bank to join CIPS as direct participant

Strengthening its regional cash management and clearing capabilities

CBB Governor participates in HSBC GCC exchanges 2025 Conference

The event brings together representatives from GCC exchanges, alongside a number of international officials and investors

Arab Bank receives ‘Best Bank in the Middle East 2025’ award

Global Finance Awards cover more than 150 countries

Weyay Bank offers exclusive KNPC cashback for SELECT cardholders

It also reflects the Bank's dedication to offering innovative digital banking solutions that seamlessly integrate with the dynamic lifestyles of Kuwaiti youth

Gulf Bank empowers female employees with Monthly Women of Wisdom sessions highlighting leadership and professional growth

Drawing from her rich experience in the banking and education sectors, Ms. Al-Tawari sparked meaningful conversations on how to thrive during the early stages of one’s career

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.

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