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

Cybersecurity Laws In The UAE

The police investigation pointed to similar cases worldwide, emphasising the urgent need for digital awareness and protection for young people.

UAE invests in AI to enhance industrial productivity and efficiency

Fireside chat addresses massive potential of AI applications to completely transform industry and add billions to GDP

Salesforce’s latest AI-based solutions increase efficiency and productivity

21,800 new Salesforce ecosystem jobs to be created in the UAE by 2028, according to IDC

Riyad Capital launches fintech venture fund

The launch of this fund underscores Riyad Capital and Riyad Bank’s strategic commitment to accelerating the Kingdom’s digital transformation

Burgan Bank Selects TCS BaNCS to Transform its Core Banking

Tata Consultancy Services will help the bank redefine customer experience and create a modern core banking solution that strengthens the bank’s position as a pioneer of progressive banking in the region

CREALOGIX and Tuum forge strategic alliance to transform banking in the EMEA at Seamless Middle East 2024

Partnership to deliver comprehensive next-generation banking solutions for seamless customer experience

Turkey’s fintech start-up Colendi raises $65mln - report

New funding round led by Citigroup’s investing arm Citi Ventures

Ooredoo Qatar extends partnership with Netcracker for revenue management and managed services across all lines of business

Middle Eastern Operator Will Continue Leveraging Netcracker’s Digital BSS Product Suite and Managed Services to Support B2C and B2B Customers and Gain Improved Agility and Time to Market

Crypto lender Genesis to return $3 billion to customers in bankruptcy wind-down

DCG and Genesis disagreed over who should benefit from the rise in prices

Tether partners with RAK DAO to boost adoption of Bitcoin, stablecoins in Ras Al Khaimah

The cryptocurrency recently also tied up with Chainalysis to monitor secondary market activity

UAE releases new AI model Falcon 2 to compete with Meta, OpenAI

The Falcon 2 series come as companies and countries are racing to develop their own large language models following the 2022 release of ChatGPT by OpenAI

IBS and EBRD Join Forces to Advance Digital Finance in Jordan

He emphasized the agreement’s role in enhancing the cooperative partnership’s framework

Commercial Bank wins 'Best Mobile Banking App', 'Best Remittance Service' awards in Middle East

The bank was recognised on a regional level in two categories: ‘Best Mobile Banking App’ and ‘Best Remittance Service’.

AI company, Webidoo establishes Middle East and Africa office at DIFC Innovation Hub

It has the power to redefine existing industries and create entirely new business models

How a Saudi start-up hopes to beat sickle cell disease with an AI-trained gene-editing biorobot

Their aim is to remove the gene from a patient’s body altogether.

Dyna.Ai unveils Dyna Athena & Dyna Avatar for the banking and financial services sector

Its solutions are pivotal in elevating marketing, customer acquisition, risk management, and operational productivity.

Dubai-based Amwal Capital Partners Updates Tech to Drive Growth with Broadridge’s Investment Management Solutions

Amwal Capital is now live on Broadridge’s investment management platform, which is providing the firm portfolio, order, and risk management as well as visual analytics, and performance attribution.

Egypt leads MENA surge as Bitget Wallet sees 300% growth

The full-stack, multi-chain trading wallet now serves over 20mln users globally, offering features like Swap, NFT Marketplace, a Dapp browser, and staking services

Chainalysis Named Council Member of MENA Banking Group’s Digital Asset Lab

The Digital Asset Lab’s objective is to comprehend how Emirates NBD’s customers can utilize digital assets and the associated technology.

Emirates NBD strikes payments deal with Nium

The partnership, subject to regulatory approvals, seeks to elevate the remittance experience with seamless, instantaneous cross-border transfers between the UAE and countries worldwide.

FinTech