The Abu Dhabi Investment Office (ADIO) has collaborated with Alpheya, a technology platform in wealth management, aimed at enhancing digital wealth management capabilities within the region.

This partnership aims to drive “innovation” in financial services, create high-skilled jobs with a focus on Emiratisation, and enhance the wealth management sector to align with Abu Dhabi’s goals of attracting global investors.

Alpheya, supported by BNY and Lunate, offers an AI-based wealth management platform that assists banks, asset managers, and investment advisors in providing tailored financial services to high-net-worth (HNW) and ultra-high-net-worth (UHNW) clients in the Gulf Cooperation Council (GCC) region.

The company has outlined plans for substantial capital and operational investments over the next three years, which will commence with the establishment of a new office in the Al Ain region.

With the backing of ADIO’s competitive business support, Alpheya aims to expedite advancements in financial technology.

The company intends to register new intellectual property (IP) to facilitate the entry of foreign financial institutions into the Abu Dhabi market.

Alpheya CEO Roger Rouhana said: “We are committed to redefining how wealth management is delivered in the region, and partnering with ADIO marks a key milestone in that journey.

“By expanding within Abu Dhabi, we are continuing to set a new standard through a next-generation, AI-powered platform that allows financial institutions to provide personalised, data-driven investment solutions at scale.”

In addition to its focus on technology and infrastructure, Alpheya is dedicated to developing local talent.

Plans include the introduction of an internship programme for Emirati students, financial literacy initiatives for educational institutions, and an international exposure programme for UAE Nationals.

ADIO director general Badr Al-Olama said: “Abu Dhabi is shaping the future of digital wealth management, creating an environment where innovation thrives, and global financial leaders can scale.

“Our partnership with Alpheya reinforces our commitment to building a world-class financial ecosystem, one that not only attracts high-impact investments but also empowers local talent and drives advancements in financial technology.”

In February this year, ADIO partnered with Fosun International to facilitate the expansion of Fosun’s subsidiaries into Abu Dhabi and the Middle East.

Announced at the Abu Dhabi Investment Forum in Shanghai, the partnership aims to enhance economic ties and solidify Abu Dhabi’s status as a global investment hub.

ADIO will offer customised investor support, market access, and strategic guidance to boost Fosun’s presence in key sectors such as wealth management, fintech, premium real estate, and healthcare innovation.