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

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

Saudi banking sector underpinning sustainable economic growth

This expansion in liquidity reflects strong confidence in the financial system and enhances its capacity to finance government projects

Commercial Bank registers H1 net profit of QR1.083 bn

The Group’s net operating income rose 9.4 percent year-on-year to QR2.459 billion, driven by higher net interest income and fee income.

Bank Nizwa credit cards deliver greater value through exclusive rewards and flexible banking solutions

Cardholders enjoy access to VIP airport lounges, exclusive discounts, advanced security features, and Nizwa Plus points rewards

Doha Bank launches new brand identity

The bank said that the new identity reflects the trust it has successfully built since the beginning of its journey

Al Rayan Bank reports QR687mn net profit for H1

Total equity was up 0.5% y-o-y in the same period to QR24.16bn from QR2407bn.

QNB Egypt wins 12 prestigious international awards in 2026, reinforcing Its excellence and leadership across banking sectors

The awards reaffirm the bank’s leading position in Egypt’s banking sector and its excellence in delivering innovative and diversified banking solutions that meet the needs of various customer segments

United Arab Bank Achieves Dh201 Million Profit in H1 2026

This financial performance is emblematic of the resilience and strength of the UAE banking sector, which continues to navigate challenges

FAB delivers 7% growth in H1’26 operating income to AED 19.50bln and a profit before tax of AED 13.20bln

Q2’26 profit before tax grew 16% sequentially and 6% year on year to AED 7.08 billion

Dhofar Islamic crowned Oman's best Islamic Retail Bank for 2026

The inaugural awards programme celebrates financial institutions that are redefining retail banking through digital transformation, personalised customer experiences, financial inclusion and innovative banking solutions

Saudi Awwal Bank delivers $1.17bln net profit for 1H 2026

During the second quarter, SAB maintained resilient margins, delivered a rebound in fee income, continued to record strong loan growth

UAE's NBQ posts $73.8mln first-half profit on deposit growth

The bank said its first-half performance was driven by continued diversification of its balance sheet and income streams, alongside disciplined cost optimisation

Qatar banks maintain strong liquidity as lending, deposits remain resilient

The banking industry’s total loan book increased by 0.7 percent during the month to QR1.471 trillion, extending growth to 2.5 percent compared with year-end 2025

Saudi Awwal Bank wins two global banking awards, reinforcing its leadership in banking innovation

SAB received the “Excellence in Innovation Award for the SAB Innovation Centre”, a key platform in embedding a culture of innovation across the Bank.

DIB Posts Strong H1 2026 Results with Gross Revenue up 10% YoY to  12.4 Billion and Asset Quality Continuing to Advance

The Bank’s strong funding profile was further supported by growth in customer deposits and CASA balances.

First Abu Dhabi Bank clears decade-old hurdle on road to South Africa

FAB says it will apply for a South African banking license; regulatory approval and an operational launch could still take one to two years

Bahrain's NBB signs accord with ICIEC to finance global trade transactions

The agreements were formalised and signed on June 19 during the IsDB Group Annual Meetings in Baku, Azerbaijan.

Retail Banking