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

Kuwait banks seek ‘friendly’ understanding as competition intensifies on retail loan, deposit rates

The discussions highlight the competitive pressures facing Kuwait’s retail banking market

GFH reports $76.2mln H1 profit, up 13.33%

Earnings per share for the six-month period was US cents 2.21 compared to US cents 1.93 for the first half of 2025

FAB strengthens UAE AI ecosystem through second SpeakEasy enterprise AI forum

The discussions also explored the practical foundations required to achieve this, including governance, trust, interoperability, operating models, and human oversight

Mastercard, AFS launch corporate cards in the UAE and Egypt

Through the process of bringing payables and receivables into a single application, the companies said the aim is to reduce fragmentation across the payment lifecycle

Emirates NBD Partners with DFDF to propel FinTech and AI Innovation

The partnership will enable Emirates NBD to access a curated pipeline of enterprise-grade FinTech and AI solutions, foster strategic partnerships with DFDF’s portfolio companies and facilitate structured pilots and potential commercial deployments d

National Bank of Bahrain posts record Q2 profit

Earnings per share increased to 10 fils for the second quarter of 2026, compared to 9 fils in 2025

Bank of Jordan Group launches its first branch in Saudi Arabia

Strengthening its position as a regional banking group

Commercial Bank of Dubai extends risk management collaboration with 4most

The bank has total assets exceeding AED 160 billion.

BankDhofar Delivers value-driven Retail Banking Solutions

It reflects BankDhofar’s broader strategy of delivering value-driven retail banking solutions that combine performance with everyday usability.

Private sector imports financed by Saudi commercial banks increased by 58% in June

The statistical bulletin issued by the Saudi Central Bank (SAMA) indicated that private sector imports financed by Saudi commercial banks are distributed across seven sectors.

QNBFS: Qatari Banks' Assets Remained Stable at QR 2,197 Billion in June

This kept the loan-to-deposit ratio at 133 percent, unchanged from last May, compared with 137 percent in December 2025.

BankDhofar hosts Numo SME event to strengthen engagement with entrepreneurs

The initiative aims to empower SMEs and enhance their contribution to economic growth in the Sultanate of Oman, in line with the objectives of Oman Vision 2040

Ahlibank reports strong performance in the first half of 2026

Total assets increased by 15.3% from OMR 3,911.5 million as of 30 June 2025 to OMR 4,508.6 million as of 30 June 2026

Jordan Kuwait Bank issues its second Green Bond in partnership with IFC to advance sustainable finance in Jordan

The second Green Bond builds on Jordan Kuwait Bank's long-standing commitment to integrating sustainability into its operations and financing activities.

Jordan Kuwait Bank issues its second Green Bond in partnership with IFC to advance sustainable finance in Jordan

The second Green Bond builds on Jordan Kuwait Bank's long-standing commitment to integrating sustainability into its operations and financing activities.

Emirates NBD signs deal to buy HSBC's retail operations in Egypt

Agreement will yield $300 million in pre-tax gains, British bank says

CBI grows pre-tax profit by 68% to AED 156 million in H1 2026

The Bank reported pre-tax net profit of AED 104 million for Q2’26 aided by recoveries

Burgan Bank announces financial results for the first half of 2026

Non-interest income grew by 9 percent year-on-year to KD 47 million, driven primarily by stronger fee generation and higher contributions from the Group’s diversified business lines.

Kuwait banks extend more credit despite slump in import finance

Lending to construction, real estate, oil grew in the first half • WAMD payments continue to climb

The National Bank of Egypt in collaboration with Mastercard launch USD Corporate Debit Card for seamless cross-border payments

She added that the collaboration positions businesses to participate more fully in the global economy, unlock new growth opportunities