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

Global Finance Names The Innovators 2024 – Top Financial Innovations by Category

The June issue will also include the Most Innovative Banks and Fintechs and the Top Global Financial Innovations.

Binance Blockchain Week brings the future of Web3 to Dubai

Binance Blockchain Week offers a platform for industry leaders to engage in meaningful discussions to further drive the development and adoption of Web3.

Microsoft Invests $1.5 Billion in Abu Dhabi’s G42 to Accelerate AI Development and Global Expansion

This strategic investment will enhance the UAE’s position as a global AI hub and provide further opportunities for partners and customers to innovate and grow.

NBO’s hassle-free digital credit card application empowers customers

This innovative service aligns with Oman Vision 2040 and NBO’s strategic objective of digitisation products and services, leveraging technology to streamline financial services

Hub71 welcomes 25 startups from 11 countries as part of its 14th cohort

Startups onboarded will join Hub71’s Access program and specialist ecosystems Hub71+ Digital Assets and Hub71+ ClimateTech

NBO & Zumr team to boost FinTech innovation and empower SMEs

This alliance marks a significant step towards transforming traditional savings and lending systems by harnessing the power of digital solutions and incentivised saving plans.

Crypto crime value dropped significantly in 2023, shows Chainalysis report

Nicola Buonanno, VP Southern EMEA, Chainalysis shares key developments in the threat landscape based on the findings of the company’s 2024 Crypto Crime Report

Egyptian imports of mobile phones decline by $242K last January

Last January, the value of imports recorded a decline of 25.3%, reaching $5.54 billion during the month of January 2024

EazyPay honored among leading financial technology companies in the Forbes Middle East FinTech 50

EazyPay ranked 19th out of 23 payment gateway companies, solidifying its place as a leader in the online payment industry

53% of devices infected with data-stealing malware are corporate, Kaspersky finds

The share of corporate devices compromised with data-stealing malware has increased by one third since 2020

Visa’s growing services business infused with new AI-powered products

Visa Protect is part of a broad suite of Visa value-added services that have grown to nearly 200 products

Oman Housing Bank selects Temenos for core banking modernization in the cloud

The bank will modernize its retail banking capabilities with Temenos to develop new products faster and widen access to housing finance for Omanis

NBK mobile banking App.. your mobile branch during travel

The ideal companion in the travel and holiday seasons

ACI Worldwide and Arab Financial Services Look to Drive Payments Modernisation Across MEA Region

The company provides numerous groundbreaking, end-to-end digital payment products, services and solutions to banks and merchant groups.

UAE central bank introduces wholesale, retail digital dirham strategy

The first phase of the strategy will have three components.

Fils inks deal with Saudi Arabia's Cashin KSA

Through this collaboration, merchants will gain the ability to accurately track their environmental impact, mitigate their carbon footprint with high-quality carbon credits, and transparently report their progress.

PwC and Microsoft launch AI Centre of Excellence in Riyadh

Our commitment to Saudi Vision 2030 and our future in technology is unwavering.

Why Temenos Leap can be transformational for our clients in MEA

Leap is all about ensuring our clients have these capabilities through the latest version of our modern, cloud platform.

IBM studies: 42% of UAE businesses embrace AI

Growing AI adoption in business operations in UAE: 65% of IT professionals have accelerated AI rollout in the last 24 months

Abu Dhabi sets up investment firm to achieve AI ambitions

The Abu Dhabi Media Office said MGX has three major objectives for AI