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

Jordan Launches Region’s First Fintech Academy and Applied Lab to Drive Digital Economy

The newly unveiled Fintech Lab is expected to play a pivotal role in the Academy’s educational framework.

UAE’s digital finance playbook signals a nation-level shift in crypto

What distinguishes the UAE is not the ambition of its announcements, but its ability to move from strategy to execution, says Xin Yan, CEO and co-founder of Sign

WRISE Group Partners to Expand UAE Private Banking Access

The partnership marks a significant milestone in WRISE Group's expansion strategy across the United Arab Emirates and the broader Middle East.

ADIB Becomes First Islamic Bank to Implement Open Finance With the Support of the CBUAE’s Open Finance Initiative AlTareq

This move will unlock new opportunities for customers to access and manage their financial services, supporting the CBUAE’s efforts to advance the digital ecosystem under its 2023–2026 strategy.

Emirates NBD issues Dh1 billion first-ever digital bond in MENA

Largest Dirham-denominated digital bond in the region, listed on Nasdaq Dubai

Saudi Arabia’s leap into digital leadership

Beyond storage and processing, data centers play a crucial role in guaranteeing service availability.

Mashreq launches instant digital home loan pre-approval to transform the UAE mortgage experience

The new verified, fully digital pre-approval experience gives homebuyers enhanced clarity, stronger confidence, and greater control of their property search from the outset

BBK and Binance Bahrain sign landmark MoU for first of its kind “crypto as a service” integration in the GCC

Marking a major milestone in the region’s digital finance evolution

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

FinTech