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

6 ways UAE dirham will soon see its biggest digital overhaul in years

Apple, Google, Microsoft, Samsung can now adopt new symbol after Unicode's approval

AI moves from audits to real-time control in Saudi cybersecurity

Cybersecurity is no longer only about preventing attacks. Increasingly, it is about responding to threats quickly and effectively

QNB, Mastercard to expand cards, digital payments across Syria

The landmark collaboration reinforces the bank’s role as a trusted partner in driving the development of the country’s financial sector, in line with the group’s strategy to promote digital payments in the markets where it operates

GCC insurers are betting big on cyber and risk cover amid geopolitical pressures

In addition to presenting the growth outlook, the report provides a comprehensive overview of the GCC insurance sector, outlining recent trends, growth drivers and challenges.

Oman's AI race moves from apps to infrastructure

Hassan Al Lawati said Otech, the fully owned technology arm of Omantel, isexpanding its cloud, data centre, cybersecurity and AI computing capabilities as government and enterprise demand for local digitalinfrastructure increases.

Saudi fintech Stitch raises $25m Series A led by Andreessen Horowitz

The round takes Stitch's total capital raised to $35 million, following its $10 million seed round completed in May 2025.

MENA FinTech scene faces current environment from a position of structural strength

The market size has grown strongly, financing in the sector has boomed, regulation has evolved, and industry players have become more professionalised.

UAE’s Mal secures central bank in-principle approval to launch AI-native Islamic digital bank targeting $7tn market

It comes months after Mal raised $230m in a seed funding round, which the company said was the largest fintech seed raise in Middle East and Africa history

Mashreq Unveils Money Insights to Transform Digital Banking Experience in the UAE

By introducing a comprehensive, fully integrated money management tool at this scale, Mashreq is setting a new benchmark for insight-led digital banking.

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