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

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.

UAE’s Zand Bank Wins Approval to Launch Dirham‑Backed Stablecoin

Zand Bank has received regulatory approval from the Central Bank of the UAE (CBUAE) to launch a multi-chain stablecoin backed by the dirham.

UAE to build its first space-to-ground quantum communication network

The TII-Space42 agreement establishes a structured framework for collaboration across R&D, payload development, satellite integration and ground infrastructure operations

Ooredoo Qatar expands IoT connect ecosystem to accelerate business digital transformation

Comprehensive Suite of Solutions to Seamlessly Connect, Manage, and Scale IoT Operations

UDC wins three major awards at Middle East Enterprise AI & Analytics Summit 2025

The project introduced an automated operations model powered by a unified Computer-Aided Facilities Management (CAFM) platform

Banks and insurers deploy AI agents to fight fraud and process applications, with plans for new roles to supervise the AI

Three in five banks and insurers cite customer onboarding among top reasons for AI agent adoption

Saudi startup Lean Technologies plans IPO, to expand beyond open banking

Firm explores remittances, cross-border payments, alternative credit

Saudi Arabia up 5 places in IMD digital competitiveness ranking

Saudi Arabia ranked 26th in the Knowledge pillar,

BBK Becomes First GCC Bank to Join Binance Link Program, Marking Milestone in Digital Finance Innovation

The partnership is pending final regulatory approval from the Central Bank of Bahrain

NBK is redefining future of finance by integrating digital services into people’s lives: Al-Kharafi

Al-Kharafi participates in panel discussion at fourth edition of the MoneyTech Summit

dnata and Visa unveil exclusive benefits for GCC’s wealthy travellers

Partner establishments will be integrated into Visa’s concierge and benefits platforms, which serve as sophisticated and personalized travel and lifestyle channels for this customer segment.

UAE and Turkish central banks ‘deepen’ payments and fintech connections

The MoUs are in addition to a bilateral currency swap agreement between the UAE’s dirham and Turkey’s lira.

MoneyGram and myZoi partner to drive financial inclusion across the UAE

By combining myZoi’s purpose-driven technology with MoneyGram’s global, omni-channel network, the partnership will broaden access to digital-first, low-cost remittance options.

UAE family offices turn to AI and digital assets

This indicates a strong inclination toward digital diversification and a willingness to explore new forms of value creation in an increasingly connected economy.

Empowering SMEs: Sohar International’s enhanced corporate mobile app becomes a full-fledged financial command centre

Reaffirming its commitment to advancing innovation and operational excellence

Zain ranks first in the regional telecom sector in Forbes “World’s Best Employers” list

Ranked first in Kuwait and among top three employers in the Middle East

Dubai Islamic Bank forges alliance HCLTech to integrate AI

This partnership is aimed at enhancing the bank's operational capabilities through the scalable application of AI.

Egypt’s fintech firm Money Fellows hits $1.5bn in transactions

The company’s prepaid card facilitates deposits, withdrawals, and payments without service fees

Central Bank of Egypt and MCIT Launch AI for FinTech Hackathon to Empower Next-Gen Innovators

The initiative aims to foster a new generation of FinTech professionals capable of driving innovation within Egypt’s evolving digital economy.