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

Saudi bank credit grows 15.8 percent to $849.18 billion in June 2025

Long-term credit accounted for 48.8 percent of total bank credit, amounting to SAR1.55 trillion by the end of June 2025

Saudi Awwal Bank mandates banks for USD Tier 2 green bond offering

Goldman Sachs International and HSBC Bank plc are acting as joint global coordinators

Commercial Bank concludes third edition of Young Investors Programme

The ceremony celebrated the hard work of the youth as they completed their practical learning journey.

Arab Bank and Laliga announce exclusive MENA partnership

This collaboration with LALIGA, is set to reinforce Arab Bank’s brand engagement with millions of Spanish league followers and football fans across the Middle East and North Africa

National Bank of Oman reinforces premium banking offering through privilege banking

Eligible for customers earning a monthly salary of OMR 1,000 to OMR 2,999

BankDhofar named ‘Best Customer-Centric Banking Brand – Oman 2025’

The award reaffirms the bank’s dedication to placing customers at the heart of its operations and its ongoing efforts to redefine service standards in the Omani banking sector

Bank NXT launches private segment for high-net-worth clients in Egypt

The private segment offers a set of financial and non-financial services to support long-term client relationships

Jordan Kuwait Bank Named Best Customer-Centric Bank Jordan 2025 by International Business Magazine

International Business Magazine announces Jordan Kuwait Bank (JKB) as the winner of the award title- Best Customer-centric Bank Jordan 2025

BankDhofar leads the charge in Oman’s digital banking revolution

This move was quickly followed by the bank becoming the first in Oman to integrate Samsung Pay, Apple Pay and push provisioning to Samsung Wallet on the horizon

Qatar banks' total assets scale up to $583bln in June: QNBFS

Total assets moved up 3.8% in June compared to end-2024

Oman Arab Bank unveils exclusive offers to mark the reopening of Al Buraimi branch

The Buraimi Branch has been successfully relocated and refurbished with a fresh, customer-centric design that offers improved accessibility and service efficiency

NBK was honored with three new global finance magazine awards

In recognition of its innovative solutions that anticipate customer needs and keep pace with rapid technological advances

The Bahrain Association of Banks has announced the appointment of Zeeba Askar as its new Chief Executive Officer.

Her distinguished track record in driving strategic transformation and leading financial institutions

Saudi bank lending hits record $850bn on corporate, real estate demand

Business loans posted a 22.5 percent year-on-year increase, reflecting vigorous demand across sectors tied to Vision 2030 initiatives.

FABMISR launches IAM tool in partnership with Hemaya IT

As one of Egypt’s first banks to advance digital governance and cybersecurity

Invest Bank returns to strong profitability in H1 2025, marks historic turnaround and expands leadership team

Invest Bank reported financial results for the first half of 2025, with total assets reaching AED 12.3 billion, representing a 14% year-to-date increase and 11% year-on-year growth

Oman’s bank credit expands 8.4% as listed firms post 14% profit rise

The strong performance of Oman’s banking sector and listed companies reflects steady progress toward the country’s Vision 2040 goals

Increase in profits of companies listed on Qatar Stock Exchange by 2.31%

Qatar Stock Exchange stated in a release on its website on Sunday

Absa Business Banking Selects Network International to Drive Digital Payments Innovation Across Africa

Network will provide Absa Business Banking with end-to-end payment processing capabilities through a single payment platform and fully outsourced managed services model.

ADIB inks key Abu Dhabi housing finance agreement

The agreement allows eligible Emirati beneficiaries to apply for a top-up finance on their housing loan issued by the Abu Dhabi Housing Authority

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