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

Insights: Here’s how to fight fraud with tokenisation

As financial services become more sophisticated, so do the fraudulent techniques used by scammers.

UAE fintech funding surges 92% in 2023 defying global slowdown

Fintech firms pulled in $1.3bln across 54 deals, according to Innovate Finance

Banking sector advances towards data-driven, cloud-enabled future

Cloud computing provides the agility, scalability, and cost efficiency necessary for banks to stay competitive in a rapidly evolving digital landscape.

Kuwait International Bank unveils KYC updates on mobile app

This aligns with the Bank’s comprehensive strategy aimed at keeping pace with digital transformation efforts and continually developing its services and products.

Emirates Islamic to launch a digital wealth offering and equity trading on its mobile banking app

As a special introductory offer, customers using the Digital Wealth platform will be able to trade in stocks with zero commissions from 1 January until 31 March 2024.

QIB launches digitisation of Debit Cards service

This added layer of convenience ensures a streamlined experience for online transactions and eliminates the need for QIB customers

NBK tops social media in Kuwait with the highest followers and interactions

Total followers hit 2.2 million by end of 2023

Saudi Arabia records 40% jump in cloud computing growth

The issuance of cloud computing permits in Saudi Arabia increased 40 per cent year-on-year to reach 1,759 for the last quarter

AI, digital transformation to shape future of Qatar’s banking sector

This yearly issue is meticulously curated to empower decision-makers in assessing prevailing trends

Gulf News receives global industry recognition for its digital subscription

UAE news media house wins silver under ‘Best Newsletter’ category

Fintech Saudi & Kyndryl partner to boost FinTech innovation in Saudi Arabia

The MoU will help accelerate the adoption of advanced innovation among Saudi Arabia’s home-grown and locally based entrepreneurs and startups in the financial technology industry.

Ensuring trust, security in a digital banking landscape

Today, we have the privilege of speaking with Abdulla Al-Fadli, the Executive General Manager and Chief Compliance Officer at Commercial Bank

American Express expands ATM access for cardmembers in Saudi Arabia

Expressing his pride in collaborating with American Express Saudi Arabia and elaborating on the significance of the agreement,

Alibaba Cloud continues to deliver digital transformation

In Japan, TSI Holdings, a leading apparel firm, has partnered with Alibaba Cloud to implement smart logistics solutions to digitalise its supply chain in Japan and overseas.

Newgen Software wins contract with Oman's Development Bank

This project would be executed with the help of Newgen’s platinum implementation partner, Ikyam Technologies.

QNB introduces virtual cards for bank's credit cardholders

QNB credit cardholders can easily obtain their virtual credit card using QNB Internet and Mobile Banking services.

Saudi HR tech start-up Scalers secures $1.8mln to fund expansion

Platform offers solutions to speed up the hiring process

Spare closes a $3m investment to lead open banking innovation in the Middle East

Open Banking will unlock the innovations in financial institutions in the region and make the availability of financial solutions and services much easier and faster than ever before.

Development Bank based in Oman Selects Newgen Technology

This will help us meet the targeted growing demand and scale operations to handle high-volume transactions efficiently

Circle Joins Fuze in Expanding Adoption of USDC Across Middle East, Africa and Turkey

This includes securing robust regulation and licensing and receiving the largest seed funding round for a digital assets start-up in MENA history.