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

UAE’s crypto adoption surges as banks shift from pilots to production

One of the strongest signals of this acceleration came in mid‑February, when regulators approved the AED‑backed DDSC stablecoin.

Technology with a Banking Licence: Makram Hamadeh on Infrastructure, Access and the Next Generation in the UAE

His remarks focused on how platforms with banking licences can support independent advisers, while adapting to regulatory tightening and generational change.

ADCB confirms restoration of retail mobile banking services

The disruption, which lasted approximately 48 hours, affected ADCB’s retail mobile banking application and customer contact centre

Amazon Web Services works to restore UAE systems amid reported fire at facility Amazon said that it is actively working on multiple paths to mitigate the issue

Amazon said that it is actively working on multiple paths to mitigate the issue

8 ways new AI rules will change how you bank in the UAE

Central Bank rules explain how AI can be used safely when you access financial services

Stablecoin settlement company Ubyx receives investment from AB Xelerate, an accelerator under Arab Bank.

Previously, it was reported that Ubyx had been acquired by banking giant Barclays and was exploring the development of "tokenized currencies."

Central Bank of Jordan approves Sanad digital ID for IDV purposes

Can be used for bank transactions in place of physical ID cards

Mashreq launches Visa Commercial Pay on mobile

A cutting-edge virtual card payment platform for businesses

GAFI launches digital platform for economic performance services

It offers financial restructuring services, company valuation, and feasibility studies alongside investment cost estimation.

Saudi Arabia aims to become world’s largest AI token exporter: Humain CEO

His remarks align with Saudi Arabia’s Vision 2030 strategy

Jordan Kuwait Bank integrates digital channels with new tech

As part of the integration, the bank's digital wallet will be migrated to the new platform, where customers will be able to conduct their daily financial transactions.

Ooredoo Fintech and Badrgo partner to enable digital driver payouts via Ooredoo Money at Web Summit Qatar 2026

This initiative reduces reliance on cash-based settlements, streamlines payout processes, and provides drivers with faster, more convenient access to their earnings

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.

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