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

16 FinTech firms licensed, leading digital transformation in non-banking sector: Egypt’s FRA

Four companies currently offer outsourcing services and are registered with the authority, with new entrants anticipated, Farid stated.

Ripple Builds on Dubai Regulatory License to Announce Zand Bank and Mamo As First Blockchain-Enabled Payments Clients in the UAE

The UAE is on an incredible growth path, with over a million businesses expected to call it home by 2030.

From oil to Bitcoin: Saudi Central Bank stakes big on MicroStrategy

This investment effectively ties a portion of Saudi Arabia’s sovereign wealth to the crypto market.

Mashreq set to partner with Clari5 (A Perfios Company) to launch GenAI Powered Fraud Detection Platform

Mashreq aims to collaborate with Clari5 as its technology partner to create Clari5 Genie

Trump heads to UAE as it hopes to advance AI ambitions

Preliminary agreement would allow US chip imports

Doha emerges as global epicenter for fintech, insurtech innovation as MENA summits conclude

This year’s expanded agenda offered a comprehensive view of the future of finance and risk management

Cisco expands partnership with Saudi Arabia to power the AI future

Cisco to Join HUMAIN’s Initiative to Build the Kingdom’s Future AI Infrastructure

Ransomware attacks in UAE increased 32% YOY in 2024 says UAE Cybersecurity Council

The event placed the focus on the financial sector as global industry leaders and professionals gathered at the Dubai World Trade Centre to drive discussions that help mitigate these challenges and avoid far-reaching consequences.

Embracing AI: The key to unlocking the future of banking and finance

The journey toward an AI-enabled future requires a commitment to ethical practices, robust risk management and a proactive approach to navigating the evolving regulatory landscape

Digital assets : A look into crypto’s institutional future

The question everyone’s asking: What does the future of digital asset custody look like?

Standard Chartered and Falak Launch Third ‘Women in Tech’ Cohort in Saudi ArabiaMay

Empowering the next wave of female tech founders: Applications now open for the 2025 accelerator programme

Qatar ‘multiple wallets’ announcement demonstrates focus on strengthening mobile payment sector

The new feature will allow users to open two digital wallets with different payment service providers

AI in the Middle East’s banking sector: Four Innovations and Impacts

Experts from Beinex outline four key benefits the emerging technology can offer

Saudi fintech startup Nqoodlet secures $3m in seed funding

This funding gives us the rocket fuel to scale faster

Fawry joins forces with Microsoft to drive digital transformation for Egyptian SMEs through Fawry Business

Microsoft 365 Integration with Fawry Business for Enhanced Productivity

DKK Digital granted full VARA license, accelerating regulated Web3 expansion in Dubai

Authorized to operate within Dubai’s rapidly growing virtual asset ecosystem

UAE to launch regulated Dirham-backed stablecoin to boost blockchain payments

The stablecoin will be regulated by CBUAE and issued by FAB, subject to approval

AI Becomes New Cash Cow for Dubai

The DIFC, a free financial zone at the heart of the Gulf metropolis where 44,000 people work

Visa supports cross-border transfers in Bahrain

Initially, this service is accessible to clients of Bahrain Islamic Bank (BisB) and Khaleeji Bank.

AI in Middle East banking could add 13.6% to GDP by 2030, reveals report

The report underscores the United Arab Emirates (UAE) and Saudi Arabia as frontrunners in embracing AI in banking.