Rising AI adoption in DIFC is creating new opportunities for innovation, efficiency, and growth across GCC wealth management. By Nasir Jamal Dubai, UAE — ( ARAB NEWSWIRE ) — Nasir Jamal, CEO of H Capital Limited, says the next decade of wealth management in the GCC will be defined not by who adopts AI fastest, but by who governs it best. The DFSA AI Survey 2025 found AI adoption among DIFC-authorised firms rose from 33% in 2024 to 52% in 2025, with Generative AI use up 166% year-on-year. The survey covered 661 firms across banking, capital markets, wealth and asset management, and fintech, with an 88% participation rate. The findings show a financial centre moving quickly into the next stage of AI use, and highlight the next priority: clearer accountability and stronger oversight. According to the survey, 21% of firms using AI still lack clear accountability, including where AI is linked to critical operations. “Th...
Hong Kong — ( ARAB NEWSWIRE ) — On June 10, iFLYTEK held its 2026 SpaceMind Global Launch Event in Hong Kong, unveiling SpaceMind, a new agentic architecture for smart spaces. For the first time, it brings Agent into smart spaces, enabling homes, hotels and offices to precisely sense users, respond to their needs at high speed based on their preferences, and even provide intelligent services proactively. Held under the theme “Beyond Open, Intelligence Shared,” the event was presented by Roy Lu, General Manager of Overseas Products and Solutions, iFLYTEK CBG, with real-time subtitles in nine languages, drawing partners and developers from Southeast Asia, the Middle East, Central Asia and Europe. Most smart spaces today remain limited to device networking and scene automation, requiring frequent manual commands and lacking unified coordination. By building a unified AI brain that can sense, understand, decide and act, SpaceMind drives the leap from “device intelligence” to “spac...