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

IBM studies: 42% of UAE businesses embrace AI

Growing AI adoption in business operations in UAE: 65% of IT professionals have accelerated AI rollout in the last 24 months

Abu Dhabi sets up investment firm to achieve AI ambitions

The Abu Dhabi Media Office said MGX has three major objectives for AI

Technology Innovation Institute launches Abu Dhabi Quantum Optical Ground Station

To bridge international distances, an architecture based on free-space optical transmission between satellites and ground-based receivers is currently the only viable solution.

Technology strengthening financial system in UAE, says central bank

The number of Gulf Cooperation Council banks stood at six by the end of the fourth quarter of 2023

PwC Middle East announces strategic MoUs with key Saudi government entities

In commitment towards the Kingdom’s digital transformation at LEAP 2024

TerraPay and Alfardan Exchange Join Forces for Advanced Digital Cross-Border Remittance Solutions

This partnership is set to provide a host of benefits to Alfardan Exchange, with a key focus on leveraging TerraPay's cutting-edge digital payment infrastructure.

Saudi fintech barraq signs agreement with MoneyGram

Through this partnership, consumers in Saudi Arabia will be able to use the barraq app to send funds across the world.

Bain & Company showcased digital expertise at LEAP 2024

Bain & Company's Dr. Houssem Jemili Delivered Keynote Session at LEAP 2024

Qatar Central Bank to enable instant payments with new Fawran service

Qatar Central Bank is set to launch its new instant payment service this month as part of its Third Financial Sector strategy.

Tech investments approach $13bn on Day 2 at LEAP 2024

The Riyadh Exhibition and Convention Centre in Malham witnessed the unveiling of investments aimed at supporting local start-up ecosystems

Bahrain FinTech Bay and Qatar Financial Center Authority Join Forces to Support Startups

Bahrain FinTech Bay and Qatar Financial Center Authority are partnering to provide support to startups exploring business opportunities within each other’s territories.

Saudi Arabia’s Mozn partners with Google Cloud to combat financial crime

The deal will bring the company’s product “FOCAL” to the global stage

Deloitte to establish ServiceNow Innovation Center in Riyadh

The Innovation Center in Riyadh will build on Deloitte’s extensive experience in ServiceNow.

Saudi start-up Salla raises $130mln from Investcorp, PIF unit

Pre-IPO fundraising also participated by tech venture capital fund STV

UAE’s e& to invest $6bn to advance connectivity in 16 countries

The group is set to reinvest in building networks of the future to accelerate technology adoption and increase fibre penetration and fast mobile network speeds

Innovation will happen at the speed of our minds: Kevin Parikh, Avasant CEO

Avasant event held in partnership with Gulf News, HCL Tech outlines trends of our times

Mubadala plans to invest in space tech, AI this year

Khaldoon Mubarak told an investor conference that sovereign funds had an opportunity to transform from asset investors to enablers of global progress

83% of UAE employees pose phishing threat to organisations: Report

Financial penalties, including regulatory fines, increased by 44%, says Proofpoint

Maltese startup TriStratus opens office in Cairo

Founded in 2021, TriStratus emerged as a visionary Microsoft startup

Raqami Islamic Digital Bank chooses Codebase for digital overhaul

Raqami Islamic Digital Bank will leverage Codebase Technologies’ Digibanc platform as its comprehensive technology stack