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

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

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

Ajman Bank Completes Core Banking System Upgrade as Part of Ongoing Technology Transformation

The initiative forms part of Ajman Bank’s broader technology roadmap, supporting its strategic priorities around efficiency, service continuity, and future-ready infrastructure.

McKinsey: GCC companies adopt AI at record rates – but scaling remains elusive

The report, which surveyed 39 senior executives and board directors in GCC organizations, found that fewer than a third of organizations have been able to move beyond pilot programs to further scale AI capabilities.

Visa Forms New Regional Hub for Saudi Arabia, Bahrain and Oman to Drive Digital Payments

Based in Riyadh, Bailoun will oversee operations across the three markets, bringing over 20 years of experience in payments and banking to the role.

Commercial Bank launches Qatar’s first-ever Metaverse Auto Marketplace on CBQ Mobile App

This latest innovation reinforces the Bank’s commitment to staying ahead of the curve

Assert AI expands QSR Vision Intelligence across the Middle East to redefine drive-thru and in-store performance

Scaling its technology footprint to transform how QSR brands manage speed, accuracy, and guest experience across high-volume environments

Experts outline next phase of digital finance at Bitcoin MENA

A new addition to this year’s programme, the Bitcoin for Corporations Symposium, drew CFOs and treasurers seeking guidance on using Bitcoin as a reserve asse

PwC ME partners with KYC Portal CLM on new compliance tech

The collaboration comes as regulated organisations face increasing pressure to modernise KYC, AML and due diligence processes.

Middle East investors eye diversification as global trends reshape 2026 outlook

Middle East investors pivot toward AI-driven growth, structured private credit, and multi-sector bonds as global monetary divergence reshapes portfolio strategies

Syrian central bank welcomes Visa's launch amid digital payments deal

"We are glad that we are working with Visa," Syrian central bank governor AbdulKader Husrieh told Reuters NEXT, adding that country officials have further meetings with Visa

Saudi cybersecurity firm COGNNA raises $9.2mln to expand globally

New capital will also be used for product development, strengthening MENA presence

Mbank Eyes Switzerland

Such potential partnerships would allow the bank to combine its regional expertise with the innovation power and infrastructure of the Swiss financial center.

Ooredoo Qatar announces srategic partnership with Oracle to deploy Oracle Alloy sovereign cloud and AI platform

upporting Qatar’s National Digital Transformation with Next-Generation Cloud and AI Capabilities

UAE puts crypto and DeFi under central bank rule

Unlicensed operations could be fined up to 1 billion dirhams, equivalent to approximately $272 million.

New UAE Sweeping Banking Decree Looks to Cement Country’s Global Crypto Position

UAE’s new financial law brings crypto and blockchain into traditional finance and under Central Bank’s supervision.

Kuwaiti Weyay Bank launches Jeel Dasman card to promote financial literacy

The bank organised a competition for students to design the card, giving them the opportunity to express their individuality

Epson strengthens its regional footprint with innovation, sustainability and sector-focused growth

A similar pattern is evident in public sector digitisation, where Epson’s high-volume printers and advanced document scanners are now embedded in multiple government workflows.

QNB Group with HSBC successfully issues USD 500 mln digital native bonds under EMTN programme

This step comes as part of QNB’s strategy to tap new sources of stable funding from new markets with digitally innovative funding sources

UAE announces $1bn plan to expand AI infrastructure across Africa

Abu Dhabi’s wider continental ambitions come as international investigations intensify into the UAE’s role in enabling RSF-led mass killings in Sudan

Google Cloud to invest $2B in Türkiye as part of Turkcell deal

Last week, Turkcell announced that it has entered into a strategic partnership with Google to provide Google Cloud services in Türkiye.

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