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

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

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.

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