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

Bitcoin breaks key support, slips below $70,000

After breaking multiple support levels, bitcoin is now trading just below $70,000 and remains under significant selling pressure

UAE central bank approves first USD-backed stablecoin under PTSR

The UAE's regulatory timeline places it ahead of jurisdictions including the US and the EU in implementing a central bank payments regime for stablecoins.

Central Bank of Egypt launches smartphone-based POS service

By enabling mobile devices to function as payment acceptance points, the central bank aims to widen access to electronic payments

Ooredoo Fintech expands money transfer options in Qatar through partnership with Western Union

Integrating its services into the Ooredoo Money app

Egyptian banks step up cyber security upgrades as deposits reach EGP 15.3tn

El-Etreby warned that advances in digital technology and artificial intelligence are reshaping the landscape of financial and economic crime, requiring a proactive, integrated strategy that combines stronger cyber defences with wider public awareness.

ADCB Egypt Goes Live with Temenos to Modernize Payments Infrastructure and Accelerate its Digital Transformation Plans

Abu Dhabi Commercial Bank Egypt adopts Temenos Payments Hub to deliver faster and more efficient cross border payments with ISO 20022 SWIFT MX

Jordan Launches Region’s First Fintech Academy and Applied Lab to Drive Digital Economy

The newly unveiled Fintech Lab is expected to play a pivotal role in the Academy’s educational framework.

UAE’s digital finance playbook signals a nation-level shift in crypto

What distinguishes the UAE is not the ambition of its announcements, but its ability to move from strategy to execution, says Xin Yan, CEO and co-founder of Sign

WRISE Group Partners to Expand UAE Private Banking Access

The partnership marks a significant milestone in WRISE Group's expansion strategy across the United Arab Emirates and the broader Middle East.

ADIB Becomes First Islamic Bank to Implement Open Finance With the Support of the CBUAE’s Open Finance Initiative AlTareq

This move will unlock new opportunities for customers to access and manage their financial services, supporting the CBUAE’s efforts to advance the digital ecosystem under its 2023–2026 strategy.

Emirates NBD issues Dh1 billion first-ever digital bond in MENA

Largest Dirham-denominated digital bond in the region, listed on Nasdaq Dubai

Saudi Arabia’s leap into digital leadership

Beyond storage and processing, data centers play a crucial role in guaranteeing service availability.

Mashreq launches instant digital home loan pre-approval to transform the UAE mortgage experience

The new verified, fully digital pre-approval experience gives homebuyers enhanced clarity, stronger confidence, and greater control of their property search from the outset

BBK and Binance Bahrain sign landmark MoU for first of its kind “crypto as a service” integration in the GCC

Marking a major milestone in the region’s digital finance evolution

ABK-Egypt taps Mastercard to accelerate cashless payments

The collaboration is intended to support the bank’s cardholders with more seamless and secure payment experiences across use cases.

MoneyHash partners with Spare for Pay by Bank solutions

Through its collaboration with Spare, MoneyHash is committed to supporting developments in the area and contributing to the adoption of secure and compliant payment practices.

Rakbank gets in-principle approval for dirham-backed stablecoin

This marks a significant step in the bank’s push into regulated digital asset services.

Emirates NBD issues alert over WhatsApp Zero-Day voice call attack

Such breaches may give hackers access to photos, private chats and sensitive account data

Arab Financial Services Launches SoftPOS in Egypt Following Central Bank Approval

The new solution is designed to transform any NFC-enabled Android smartphone into a secure, fully functional payment terminal.

RAKBANK receives in-principle approval to launch an AED-backed stablecoin

This development builds on RAKBANK’s growing capabilities in digital asset services

FinTech