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

QFC-backed platform lets Islamic banks use AI without exposing data

By enabling the advancement of solutions that unlock the potential of AI and cloud adoption while safeguarding data privacy

Abu Dhabi's Phoenix Group partners with DC Max

To unlock $8bln European AI data center opportunity, with Lyon, France as first deployment

Oman’s digital payment transactions jump 76% to RO3.2bn in 2025

The growth was driven by the continued development of infrastructure supporting both e-commerce and traditional commerce.

Ripple opens regional HQ in the UAE

Since then, the company has grown its presence, with the Middle East now representing a significant share of Ripple's global customer base.

The Fintech Landscape of the Middle East: Kuwait in 2026

This is anchored in regulatory oversight, infrastructure investment and a growing appetite for innovation.

SAMA grants two new consumer finance licenses

Fintech companies operating in Saudi Arabia reached 261 firms by the end of 2024

Kiwe secures final CBE approval to launch social-centric fintech platform

Recognizing that money is not only spent but also shared and experienced collectively, the platform introduces Egypt’s first social money features.

UAE bans banks from using WhatsApp for customer services

The reason explained

KPMG report highlights eight critical cybersecurity priorities shaping 2026

According to KPMG’s latest global report, Cybersecurity Considerations 2026, cyber risk is no longer a technical issue confined to IT teams

The Family Office launches Wealth Mermaid, a pioneering AI wealth assistant

The tool uses voice-enabled technology to deliver real-time portfolio information to private market investors in English and Arabic, turning complex portfolio data into simplified and accessible format

United Arab Bank Accelerates Digital Evolution with New Corporate Banking Suite

This initiative marks a key milestone in UAB’s digital transformation journey

Egypt promotes fintech, investment opportunities during IMF/WBG Spring Meetings

This is alongside reviewing Egypt’s strategy to increase foreign direct investments

UAE strengthens its AI media ecosystem as Galaxy Corporation launches operations in the country

Backed by engagement with the National Media Authority, the move underscores the UAE’s growing role in shaping the future of AI-powered media and entertainment

AI-led compliance demand rises in MENA as azakaw named IDC innovator

The report comes at a time when compliance in the region is being reshaped by expanding regulatory frameworks and the growing role of artificial intelligence in financial oversight

Saudi Arabia issues first Major Payment Institution licence to Lean Technologies

The objectives of the company align with the UK’s Vision 2030 objectives to expand open banking infrastructure.

Egypt explores expanding SAP investments, digital skills programmes

Both sides reviewed the potential for conducting a comprehensive study to assess labour market needs in technology fields linked with SAP systems

Saudi AI company Humain partners with Turing to launch world’s first enterprise AI agent marketplace

Unveiled at FII Priority summit in Miami on Wednesday, the partnership allows third-party developers to publish and sell AI agents through a shared marketplace

How Doba's AI Platform Consolidation Is Setting a New Standard for eCommerce Infrastructure

That dynamic is now shifting. Across the broader SaaS sector

Qatar offers fertile ground for robotics and automation, says top retail industry executive

Qatar’s labour market dynamics make it easier to integrate automation compared to other countries, according to Dr Mohamed Althaf, LuLu Group Global director.

UAE a frontrunner in AI ambition and readiness across the GCC

The UAE continues to position itself as a digital leader in the region, pushing national AI initiatives, strong public sector engagement, and stimulating rising private sector investment.

FinTech