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

O Gold, botim launch MENA’s first fintech gold investment solutions

Upon an agreement signed in 2023, this partnership makes botim the first fintech in the UAE to officially offer gold investment solutions

Women in AI is a strategic advantage for UAE, says TII’s Dr Najwa Aaraj

This Emirati Women’s Day is not just a celebration of what has been achieved but a reminder of what’s still at stake, says the CEO of the Technology Innovation Institute (TII)

Qatar’s investment in quantum computing could redefine Gulf’s tech landscape

Qatar is signaling that it does not want to be a latecomer to the quantum era.

Cognite expands global footprint with new Abu Dhabi entity to accelerate industrial AI adoption in the region

By establishing a local center for expertise, technology, and support, Cognite is solidifying its commitment to its growing customer base in the area

Oman embraces cashless future as mobile payments surge

Financial literacy is emerging as a critical balancing factor.

Saudi Arabian bank, SAB launches first Islamic Repo on blockchain

The total number of valid business records in KSA reached 1.72 million.

Wio Bank Partners with Xero to Enhance Accounting for SMEs in the UAE

Real-time insights ensure an accurate view of overall financial health, making it easier for business owners to make more informed decisions.

Central Bank Approves Misr Digital Innovation’s Transition to onebank, Egypt’s First Fully Digital Bank

The bank intends to use technology that meets the demands of a digital-first environment.

Doha sees surge in startup activities, innovation

International recognition underscores Qatar’s progress in fostering a vibrant startup ecosystem.

Misr Digital Innovation secures approval for Egypt’s first fully digital bank

The launch of onebank's products and services is anticipated in 2026.

Smart infrastructure upgrades bolster Qatar’s national goals

On the other hand, the risks remain with a global shortage of high-end AI chips

Wio Bank launches direct integration with Xero to simplify accounting for UAE businesses

It also improves cash flow visibility through seamless invoice matching, while real-time insights offer an up-to-date view of financial health

Core banking tech vendor Tuum to power Uptex Bank debut in Oman

Developed by Oliver Business Development Holding, Uptex Bank is preparing to launch its first line of products "within months".

UAE closes in on launch of Digital Dirham

The CBDC will soon be introduced in phases to mitigate risks, with an intermediated two-tier distribution model and wallet-based access.

NTT DATA strengthens Microsoft Cloud partnership

To drive AI-powered transformation across MEA and global markets

Tarabut Secures In-Principle Approval from the Central Bank of the UAE, Marking a Milestone for Embedded Finance and Financial Inclusion

With this approval, Tarabut becomes the first regional fintech to be licensed under Open Finance

FinTech