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

SAMA signs agreement to bring Google Pay to KSA in 2025

The news follows SAMA’s ongoing progress with its digital financial agenda

UAE’s headline GDP growth would strengthen to 5% in 2025: Report

The estimated GDP growth is attributable to oil and non-oil sectors expanding at the same pace

Finastra Corporate Banking Forum spotlights AI, ESG, and digital transformation as key drivers of industry change

Global experts outline strategies to accelerate lending transformation, digitize trade and supply chain finance, and advance sustainability in banking

Mashreq Bank completes USD 385 million stake sale in NeoPay

The platform provides businesses with a suite of payment processing solutions, including POS terminals, ecommerce, mobile, and other non-cash payment methods.

Qatar’s tech sector to witness huge demand

With 10 years of market expertise, the official said that the company received the signal to launch its innovative services

Objectway expands into the MENA region by signing with Kuwait Financial Centre "Markaz"

Strategic collaboration leverages Objectway’s cutting-edge modular solution to enhance the client experience for Markaz customers.

Digital banking drives Saudi Arabia’s financial transformation

This development reflects SAMA’s commitment to ensuring the Saudi banking sector contributes to achieving Saudi Vision 2030 and the nation’s aspirations.

QIB introduces innovative features to its mobile apps

Enhancing convenience and accessibility for customers

Mashreq completes $385mln sale of majority stake in Neopay

As previously announced on September 13, 2024, DgPays, a leading financial infrastructure technology provider in the EMEA region

Crypto.com Forges New Partnership with Dubai Islamic Bank

The memorandum of understanding between Crypto.com and DIB focuses on several innovative financial solutions.

Kaspersky study: Companies seek specialized expertise to combat AI cyber threats

This need spans sectors from retail to critical infrastructure, emphasizing a universal demand for advanced threat protection.

Saudi's Sahm App acquires over one mln users in one year, elevating the trading experience

Sahm has focused on crafting a platform especially designed with domestic investors in mind

QNB’s approach to fighting cyber fraud in Qatar: Awareness and technology

QNB has also launched a special partnership with the National Cyber Security Agency

Omantel and Bank Dhofar: A strategic partnership to drive digital transformation and address key banking challenges

The banking sector requires the ability to scale rapidly in a dynamic environment of ever-growing digital transactions

IBM opens new office in Qatar’s capital city Doha

IBM provides public and private sector organisations with a full range of technology services and solutions.

Fintech Abu Dhabi affirms Abu Dhabi as hub for financial innovation

With a focus on payments, digital assets, digital security, and credit, the gathering also reaffirmed Abu Dhabi’s position as a global hub for financial innovation

Visa partners with Saudi Awwal Bank and Monsha'at for third edition of She's Next

To empower women fashion entrepreneurs

Middle East banks brace for a stable yet FinTech-driven transformation in 2025

This forecast suggests stability in economic conditions and financial metrics.

First Abu Dhabi Bank Chooses Broadridge to Build Global Agency Securities Finance Business

Expansion of securities finance within the UAE and broader Middle East

National Bank of Kuwait's innovative digital strategy strengthens its leadership in fintech

Throughout 2024, the Operations and Information Technology Group sustained its trajectory of success, introducing several innovative projects across various markets