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

Gulf Business launches WhatsApp channel; here’s how to sign up

Expect real-time updates, exclusive interviews, industry analysis, and more, all delivered to your WhatsApp

IBF DigiLabs announces Benevolence - A blockchain based Islamic charity app

This expansion is tailored to meet the growing trend of crypto donations, making it easier for users to contribute their charity, zakat, and waqf funds in the most convenient way possible

Mashreq partners with UAE fintech Fils

The Memorandum of Understanding between Fils and Mashreq will launch carbon offsetting services for corporate clients

Paymob secures Central Bank of Oman’s PSP license

With the PSP license in Oman, Paymob further delivers on its mission of enabling MENAP SMEs to thrive in the digital economy via access to a variety of innovative digital payment solutions.

Qatar adopts technology to enhance efficiency of industrial operations

ABB Group in Qatar strives to contribute to the economy by boosting operations and increasing efficiency.

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.