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

Egypt’s Midbank completes core banking migration with Temenos

Temenos’ proven track record in Egypt, local presence, and strong ecosystem of partners were key to the project’s success.

Jordan: Arab Bank Group profits grow by 6% to $535mln in H1 2025

The group maintained its “strong” capital base with a total equity of $12.5 billion, according to an Arab Bank statement

AFS and Oman Arab Bank unveil pioneering digital payments platform

Reaffirms a shared commitment to pioneering innovation, setting an elevated benchmark for digital banking experiences across Oman

UAE banks to raise international transaction fees on credit, debit cards

Fees on overseas card purchases will climb to 3.14 percent of the transaction amount

NBK enhances mobile banking application based on customers’ feedback

From improving transaction speed to simplifying navigation, every upgrade reflects our commitment to making banking smarter, faster, secure, and more convenient.

Dukhan Bank wins ‘Excellence in Global Islamic Private Banking for the Year 2025’ award from World Union of Arab Bankers

The ceremony was attended by a large gathering of distinguished Arab banking leaders, international and regional institutions, and high-profile figures.

Arab Bank Group net income surges 6% to $535mln in H1

Arab Bank said the Group’s assets grew by 9% to hit $75.2bln

QNB named strongest Arab Bank in 2025 by Union of Arab Banks

It also recognises its status as the most valuable banking brand in the region, according to BrandFinance.

Development Bank approves loans worth RO110mn during H1 2025

This growth reflects the bank’s ongoing commitment to supporting Oman Vision 2040

KIB Group reports net profit of KD 14.8mln for H1 of 2025

Recording a growth of 23 percent

Gulf Bank collaborates with Basta to launch ‘Banker for the Day’ program

This innovative program is a milestone in the field of financial education, offering participants a rich, three-hour experience that combines learning and fun.

United Arab bank selects Lune to embed AI into mobile services

United Arab Bank has announced a strategic partnership with Lune, a leading UAE-based fintech company specialising in AI-driven transaction enrichment and financial data analytics solutions.

Alrayan Bank reports a net profit of Qar 821mln for H1 2025

Net Profit of QAR 821 million, compared to QAR 789 million for H1 2024

Boubyan Bank Net Profits increase to KD52mln

At a Growth Rate of 5% for H1 of This Year

Al Baraka Bank Egypt seals $100mln deals with ICIEC

This strategic partnership is aligned with Al Baraka Bank Egypt’s vision and build on ICIEC’s key role in supporting trade

Bank Muscat Wins Prestigious Most Innovative Retail Award from Global Brands

The event celebrated outstanding brands from various industries, bringing together business leaders for a memorable evening.

EazyPay partners with Tamara to expand BNPL in Bahrain

The partnership was formalised at a signing ceremony in Manama, reflecting both organisations’ shared commitment to advancing the region’s digital payment landscape.

RAKBANK delivers record profit before tax of AED 1.5bln, up 26%

Driven by non-interest income growth and robust asset quality

Al Baraka Bank Egypt signs two landmark agreements with ICIEC worth $100mln

The agreements include The Documentary Credit Insurance Policy (DCIP) and The Bank Master Policy (BMP)

United Arab Bank net profit up by 50% for the first half of 2025

The increase in net profit reflects significant growth in total assets

Retail Banking