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

Egypt: United Bank’s consolidated profits leap 67% YoY in Q1 2025

United Bank registered interest income amounting to EGP 3.443 billion at the end of March 2025, up 20% YoY from EGP 2.867 billion

Bank Nizwa reinforces its role as sustainability pioneer at Oman Sustainability Week 2025

Through its active engagement, Bank Nizwa renews its dedication to environmental stewardship, the advancement of community well-being

NBO Introduces Direct Debit E-Mandate, Transforming Recurring Payments In Oman

The Direct Debit E-Mandate enables customers to schedule regular payments, eliminating the need for manual processing or cheque-based transactions.

Gulf International Bank reports 2025 first quarter results

This reflects a 1% increase from $47.5 million in the same period last year

SAB named ‘best bank in Saudi Arabia’ for sixth year in row

This recognition is a testament to the confidence the financial sector places in SAB.

NBO introduces Direct Debit E-Mandate, transforming recurring payments in Oman

Developed as part of the Central Bank of Oman’s (CBO) digital payment efforts

QIB receives 'Best Retail Bank' and 'Best SME Bank in Qatar' awards

The bank has also introduced the first ‘Auto Marketplace’ in Qatar

Kuwait’s Warba Bank mandates banks for $250 mln AT1 capital sukuk

Part state-owned bank is to issue the AT1 sukuk for capital adequacy and general corporate purposes

National Bank of Fujairah wins in five categories at MEA Finance Banking Technology Awards 2025

NBF recognised for excellence in innovation, cybersecurity, mobile banking, and corporate payments

NBK chosen as Kuwait’s main settlement bank by KCC

Following Comprehensive Evaluations Since 2020

Saudi National Bank plans new sukuk

The amount and terms of the offer will be subject to market conditions

Qatar banks' total assets grew 0.6% to reach QR2.074tn in March: QNBFS

With higher loans increase over deposits during March

QNB warns of potential global disruptions due to US economic imbalances

QNB noted that overcoming such economic challenges requires a coordinated international approach

Al Baraka Bank Egypt expands its network with two new branches in Sheikh Zayed and New Cairo

This brings the total number of the bank’s branches across Egypt to 42.

BankDhofar launches "Leadership Development" program to empower future-ready Omani leaders

This initiative empowers Omani talent with world-class expertise, fostering visionary leaders to propel Oman’s economy forward

Saudi bank lending hits $827bn in March, fastest growth in over 3.5 years

This shift underscores how businesses are now the dominant force shaping Saudi Arabia’s lending landscape, signaling the economy’s accelerating diversification.

BankDhofar launches "Leadership Development" program to empower future-ready Omani leaders

This initiative empowers Omani talent with world-class expertise, fostering visionary leaders to propel Oman’s economy forward

QNB warns of potential global disruptions due to US economic imbalances

It warned that a further deterioration of these imbalances could increase the likelihood of a disorderly adjustment in global markets.

FABMISR expands in Egypt with 4 new branches

The new additions, therefore, bring FABMISR’s total number of branches across Egypt to 72 until the present time

ila Bank named "MENA Retail Bank of the Year" at 2025 MEED MENA Banking Excellence Awards

ila customers can manage their finances instantly through digital access to both conventional and Islamic banking solutions via ‘ila alburaq’.

Retail Banking