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

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.

UBF stresses the role of advancing security in maintaining financial sector leadership

At Threatcasting event organised jointly with Mastercard

World Bank names UAE to lead cloud computing working group

Appointment in recognition of UAE’s efforts to advance digital economy

Commercial Bank of Dubai hires Accenture for tech-CX transformation

The banking industry is changing profoundly and banks, more than anything, need to innovate at speed and scale.

How banks are leveraging the power of GenAI

GenAI is an excellent tool to improve research for faster processing of more data from a wider range of sources to support decision-making

Binance withdraws Abu Dhabi licence bid as crypto giant weighs structure

The Binance unit, called BV Investment Management, pulled the application with Abu Dhabi's financial regulator, a spokesperson for Binance said

Hackers are targetting UAE, Saudi businesses’ cloud services — survey

The targetting of cloud infrastructure among corporates in these two countries is on the rise, according to a new survey.

Abu Dhabi's Hub71 launches programme to support climate technology start-ups at Cop28

Initiative to offer around $200,000 in cash and incentives to selected start-ups