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

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.

AI is already deciding your bank calls, flights and bills in the UAE

Experts warn AI decisions must remain transparent as adoption accelerates

Ooredoo Qatar launches Eid Device Festival 2026

With exclusive iPhone 17 offers and additional Nojoom rewards

UAE FinTech sector set to reach $5.71 billion by 2029

Both the Dubai International Financial Centre (DIFC) and Abu Dhabi Global Market (ADGM) serve as two main hubs for the sector’s growth, hosting hundreds of companies operating in financial technology, artificial intelligence, and innovation.

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