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

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

Crypto.com Gains Mastercard License to Launch Crypto Cards in Bahrain, GCC

This move leverages Crypto.com’s recently acquired license from the Central Bank of Bahrain

Qatar to invest $1.3bln in climate technology in Britain

The investment is expected to create thousands of jobs and launch climate technology hubs in both countries to accelerate development of climate-friendly technologies

Reem Finance selects Temenos to power new digital community bank in the UAE

Temenos SaaS enables rapid time-to-market and streamlined scalability, ensuring agility and efficiency as the business grows

Saudi Arabia strengthens cybersecurity leadership at Black Hat MENA

The conference included a series of technical sessions and workshops centered on the role of cybersecurity in safeguarding emerging technologies.

Geidea to launch its SoftPos service in Egypt

This technology enables merchants to accept payments via smartphones, eliminating the need for traditional point-of-sale devices.

Qatar Development Bank invests in Islamic FinTech Wahed

Wahed, a global Islamic FinTech company, received a strategic investment from Qatar Development Bank.

UAE's Emirates NBD, Mashreq invest in LoanBook owner NewBridge Fintech Solutions

For Emirates NBD, Mashreq, this adds to their growing presence in the fintech space

Egypt wins first place in Arab FinTech Challenge in Dubai for the 2nd consecutive year

The win highlights the CBE’s ongoing dedication to nurturing and supporting young FinTech talent through the 'FinYology' initiative

BAB's Digital Transformation Awards winners to be announced on International Day of Banks

BAB selected the "International Day of Banks" to announce the award results, recognising the significance of this global occasion.

Emirates NBD partners with McKinsey to drive AI and advanced analytics

The collaboration between the two companies began in 2021

Kuwait’s e-commerce set to reach KD 1.61 billion in 2024

He added smartphones are within the reach of all residents of the country, regardless of their income and standard of living.

Visa launches flexible payments feature in US, UAE

The "flexible credential" feature lets customers use a single card to pay from different funding sources

Egypt showcases cutting-edge electronics innovation

At Electronica 2024 in Germany

Doha Bank enhances banking experience for DPay customers with new mobile banking app features

Doha Bank is at the forefront of Qatar’s financial services by investing in digital innovations that enhance the customer experience through advanced banking tools.

Digital wealth management: From exclusive to inclusive

To seize the opportunity that digital wealth management presents, banks should first look for an engagement banking platform that can be layered on top of existing investments

Salt Edge Partners With Spire to Help Bahraini Banks Extend Open Banking to Corporate Accounts

The latest amendments plan to bring legal entities in line with the existing open banking framework.

Grant Thornton partners with Australian IT company Oreta in UAE market

The partnership will see Grant Thornton deepen its offerings in cloud and cybersecurity, combining its business advisory and digital consulting capabilities with Oreta’s tech knowhow and solutions.

Jeel and audax partner to launch BaaS, Open Banking solutions in Saudi Arabia

In the shorter term, institutions in Saudi Arabia will benefit from rapid migration from legacy systems, unlocking new digital capabilities and flexible business models.