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

Al Faisal Holding & BKN301 Launch Qatar Fintech Venture

The new venture will combine Al Faisal Holding’s local network with BKN301’s digital banking and AI infrastructure.

Egypt’s mobile wallet transactions rise 62% in H1 2026: NTRA

The value of these transactions increased by 56% to EGP 2.96 trillion from EGP 1.90 trillion in H1 2025

Saudi Arabia's cloud transformation puts data resilience at the heart of digital growth

Customers need to know that their data is protected and that they can recover quickly when disruption occurs.

Rakbank rebrands after 50 years, doubles down on digital banking

The bank said the new identity reinforces its commitment to combining digital innovation with personalised banking services

Egypt moves to build $1bn AI data centre with Nvidia tech

Egypt plans a 200-megawatt AI data center.

Saudi Arabia's Salla buys PayLink to build out merchant payment acceptance services

Following the acquisition, Salla has also partnered with domestic fintech Naml to further expand its offering for Saudi Arabian merchants.

Arab Global Crypto Exchange to Launch on September 10 with AED Support and Zero Platform Fees on Crypto Transfers

Founded by veteran capital markets executive Satish Gogia, the UAE-licensed platform is designed to simplify access to digital assets through direct AED bank transfers and secure asset management.

Standard Chartered: Nearly two-thirds of Saudi businesses see AI as key to advancing trade

64% view artificial intelligence and advanced analytics as highly relevant or transformational to advancing trade

The Middle East’s digital asset boom raises the bar for infrastructure

The United Arab Emirates, Bahrain, and other GCC countries are emerging as some of the world’s most ambitious digital asset markets.

QIB introduces new suite of features to its mobile app

The new capability significantly improves navigation within the app, allowing users to access the more than 320 offered features more efficiently while saving time.

AI agents found an abandoned corner of the internet — then started leaving messages for each other

Researchers say thousands of AI agents turned an obscure German wiki into a message board

PwC Middle East concludes LEAP 2026 with new AI insights and strategic collaborations supporting Saudi Arabia's digital transformation

PwC launched new research exploring how organisations across Saudi Arabia are moving beyond AI adoption and focusing on creating measurable business value

Visa tests first live international transaction in Syria

The transaction test follows a strategic vision that Visa announced in December 2025 to include Syria in the global digital economy.

Saudi fintech lending to industrial projects jumps 130% in H1

The increase came as the ministry expanded its partnerships with fintech companies

UAE banks tighten access controls for apps and online shopping, with new security measures

A one-time password using biometric fingerprinting via the banking app, and a message after each login attempt, are just some of the new measures

KARTY Secures Visa FinTech Innovation Award for Advancing Digital Payments in Qatar

For fintech professionals, this signals the maturation of Qatar’s domestic payment ecosystem and the increasing influence of licensed non-bank entities in the Gulf region.

TerraPay partners with Deutsche Bank on global payments

The collaboration has also reflected growing cooperation between traditional financial institutions

NBK Becomes First Kuwait Bank to Offer Fully Digital Onboarding for Children’s Accounts

Through the Zeina Account digital onboarding service, parents can now open accounts for their children entirely through the NBK Mobile Banking App, anytime and from anywhere, without visiting a branch or completing any paper-based procedures.

CIB-backed yomo receives approval for digital bank

The platform has been developed separately from traditional branch-based banking models, with a focus on digital customer journeys and intelligent financial support.

UAE Tops Global Digital Adoption in Wealth Management as Avaloq Index Outlines Regional Shift

The index, published by wealthtech leader Avaloq, evaluates the underlying structural conditions shaping private wealth across 15 major global markets.