Middle East banks recalibrate portfolios as conflict and oil volatility rattle 2026 playbook
Lenders across the Middle East are quietly reshaping loan books and risk appetites as war‑driven oil swings and global rate cut bets collide.
Middle East
Kuwait’s Gulf Bank posts solid 2025 profit as it prepares full shift to Islamic banking model
Gulf Bank of Kuwait delivers steady 2025 profit and balance sheet growth while laying the groundwork for a full conversion to Islamic banking by 2030.
GCC lenders show capital strength despite Iran conflict shock and oil price volatility
Gulf lenders enter the latest Middle East crisis with thick capital cushions, strong liquidity and state backing, but face a tougher earnings climate if conflict and oil volatility linger.
QuicKart Secures $1.5M Seed Fueling UAE Farm-to-Table Revolution
QuicKart raises US$1.5M seed to scale hyperlocal produce delivery serving 2.8M urban consumers.
Luma AI Establishes Riyadh Hub with Publicis Groupe MENA Partnership
Luma AI opens Riyadh office partnering Publicis Groupe Middle East to embed multimodal AI in MENA advertising.
Kuwait Re Posts 36% Q3 Profit Leap on Revenue, Investment Gains
Kuwait Reinsurance reports KD 28M quarterly profits driving annual guidance upward.
Tawuniya Clinches Mega Health Contracts with Saudia, Foreign Ministry
Tawuniya secures SAR 2.8B health contracts driving record profitability across employee schemes.
MedGulf-Buruj Merger Forges Saudi Arabia’s Fourth Largest Insurer
MedGulf absorbs Buruj creating SAR 1.38bn insurance giant serving diverse Saudi market segments.
PureHealth Unveils UAE’s Largest AI Diagnostic Laboratory in Abu Dhabi
PureHealth launches state-of-the-art AI diagnostic center serving 9.2M UAE residents with genomic sequencing.
DNDi-Dubai Health Forge Pioneering Neglected Diseases Research Partnership
Dubai Health signs landmark MoU with DNDi at WHX launching first regional neglected diseases collaboration.
