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

Is UAE the global blockchain capital in 2020?

The platform also acknowledges the prospects for Dubai in order to lead that region in innovative tech and fintech to become the global blockchain capital.

Oman Oil and Orpic Group and HSBC execute first blockchain trade transaction in Oman

The transaction involved the shipment of polypropylene, a thermoplastic polymer used in a wide variety of applications, to Abu Dhabi National Carpet Factory

GCC states missing from annual Deloitte and KPMG tech lists

The Big Four professional services firms Deloitte and KPMG have released their annual tech and fintech benchmarks – with firms from the GCC failing to make an impact.

Could Artificial Intelligence be the answer to economic diversification in the GCC?

Assigning large budgets for the speedy implementation of AI, these two GCC states have made a major impact.

MOF Announces Strategic Partnership With Finovate Middle East

This is in line with our commitment to contribute to the goals of the National Strategy for Advanced Innovation and the UAE Vision 2021, and to implement the government's vision to progress the UAE towards an innovative knowledge-based economy.&r

Crypto-currencies pose no threat to Oman’s financial sector: CBO

CBO supports the use of cutting-edge technology by the banking sector

SABB and HSBC complete first blockchain trade transaction in Saudi Arabia and Bahrain

The move puts Saudi Arabia and Bahrain at the forefront of global trade, introducing new levels of efficiency, security and transparency for corporate's looking to access new markets.

Bahrain's Push to Fintech by Central Bank

Given the extreme pace at which digital transformation is happening in the financial services sector, Central Bank of Bahrain adapted innovation to ensure that the country remains a thriving financial hub

Digital ecosystem and 4th industrial revolution contribute to sustainable development

Gender equality is not only a fundamental human right, but a necessary foundation for a peaceful and sustainable world.

‘Liberal arts’ and coding as a ‘second language’: How hiring is changing for banks in Asia

A recent report found that job listings requiring skills in artificial intelligence increased nearly 60% over the past year.

Turkey’s Unexpected Rise to the Top of Global Crypto Adopters

In fact, observing the rapid rise of crypto and blockchain in the country, Cointelgraph has unveiled the Turkish edition of the outlet this year.

The Luxury Closet's successful expansion into Kuwait

The Luxury Closet launched their flawless VIP concierge service for consumers in Kuwait five months ago

United Arab Bank Chooses Finastra to Power Digital Transformation

Finastra will help the bank modernize its retail and corporate offerings and drive growth

FinTech fast track

With this move, the EDB appears to be signaling in particular to blockchain and cryptocurrency start-ups that often find themselves stuck in red tape around the world.

NBK Adds Dark Mode Feature and New Enhancements to NBK Mobile Banking App

Carino: “We are committed to providing a comprehensive banking experience and convenient services to our customers as part of the Bank’s strategy.”

The Ripple effect: Finablr revenue growth and UAE banks can save about $4 billion a year with XRP

Despite the fact that Ripple is not explicitly mentioned, as a result of which Finablr achieved such success, it was previously announced that the company uses liquidity on demand.

UAE Set for Faster Cryptocurrency Adoption as Institutional Investment Increases

The United Arab Emirates appears to be readying itself for an influx of investments and entrepreneurship with respect to cryptocurrencies.

4 ways UAE banks can benefit from blockchain technology

Blockchain technology is currently a hot topic in the UAE's banking industry. The technology could provide solutions to cut operating costs significantly

4 Blockchain-related projects you should know about

Blockchain is finding its way into all sorts of widespread applications.

Bahrain's fast track plan to become a FinTech hub

The focus is on cryptocurrency startups.