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

Tamara secures Central Bank of the UAE approval, deepening commitment to the UAE market

Tamara Achieved Full Regulatory Approval in the UAE.

Urgent action needed on AI’s ethical challenges

Global Ethics Day warning from accountancy and financial services bodies as a new report shines light on need for improved skills

Bahrain hosts UK delegation to Boost FinTech Partnerships

The visit brought together government officials, regulators, and FinTech innovators from both countries to explore collaboration and developments in Bahrain’s financial technology ecosystem.

NBB adopts Kinexys by J.P. Morgan solution to pioneer programmable payments in the region

NBB has now joined a growing number of leading global financial institutions

CBJ Names Winners of Digital Signature Challenge for Financial Institutions

The participating firms underwent extensive technical, technological, and security assessments to ensure compliance with international standards for digital signatures and their legal reliability for financial transactions.

Experts at FinTech Forward 2025 highlight Bahrain’s innovation and regulation

The event brought together regional and global leaders to discuss trends, challenges, and opportunities in the fintech ecosystem.

QNB Group receives Central Bank of Egypt license approval for a new digital bank

ezbank will combine advanced digital technology with international best practices to offer seamless financial services to a broad customer base

How Online Marketplaces Face Escalating Fraud Threats

Cybercriminals are leveraging advanced technologies including AI to perpetrate these schemes creating significant financial and reputational damage.

Wio Bank surpasses AED 50bln in deposits as digital banking adoption accelerates

Deposits nearly doubled year-on-year, reflecting growing demand for digital-first banking

Saudi Arabia to serve as regional HQ for fintech growth, says Paymentology CEO

Saudi Arabia has set ambitious fintech targets under its Vision 2030 agenda

UAE to launch first Centre of Excellence for Artificial Intelligence

The Centre is designed as a strategic enabler of the UAE’s AI sovereignty, ensuring national control over critical components of the AI value chain

Tarabut Opens Regional Headquarters in Riyadh to Drive Open Banking Growth

The new headquarters anchors Saudi-focused product development and client delivery, reinforcing Tarabut’s role as the technology infrastructure and intelligence layer for open banking in the Kingdom.

Qatar expanding its role in supporting digital innovation regionally, globally

Regarding technology leadership he noted that "Qatar has shown what we can achieve with industry innovation

Telr Payment Gateway partners with Kema to drive next-gen payment solutions

This collaboration combines Telr’s comprehensive payment solutions with Kema’s agile platform, empowering merchants to build and scale world-class payment experiences with just a few clicks

Citi Deploys Advanced AI Tools Across UAE and Middle East & Africa Operations

The suite of AI tools is designed to enhance employee productivity and operational efficiency across various functions within the bank.

Central Bank of Oman Launches National Payment Card “Maal” to Boost Self-Sufficiency in the Payment Sector

By introducing a national card, CBO seeks to reduce reliance on international systems, enhance efficiency, and provide secure, cost-effective options for both consumers and businesses.

Citi launches transformative AI tools in the UAE

Marking a significant step in the bank's commitment to innovation and digital transformation

Saudi fintech unicorn Tamara secures $2.4bn financing deal

Tamara is the Kingdom’s first fintech unicorn and offers payment solutions to over 20 million customers.

Binance and Franklin Templeton to develop digital assets initiatives and products

Franklin Templeton and Binance are harnessing blockchain tech to create solutions that merge the scale of traditional finance with the speed and accessibility of decentralized markets

QFC Digital Asset Lab launches blockchain-based POC

The system will operate on HashSphere, a private permissioned distributed ledger technology (DLT) network built with Hedera technology, deployed on Google Cloud infrastructure provisioned through QFC’s Digital Asset Lab.