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

QNB promises easy, innovative banking during World Cup

Digital transformation at the heart of QNB’s products and services

Jingle pay partners with Mastercard to boost financial inclusion

Jingle Pay unlocks Mastercard's network of 90 million global merchants for its users

SwissBorg announces its launch the UAE

SwissBorg brings more than six years of expertise to the UAE, introducing a digital asset management app that takes the guesswork out of crypto investments.

Kuwait news: Open Banking and SWIFT transfers

Recently, the Central Bank of Kuwait has requested banks to update their plans for the implementation of the Open Banking Services project

AUB warns against dealing in crypto-assets – ‘Cryptocurrencies lack security’

These crypto-assets can be used in money laundering, terrorist financing and other related criminal activities that cannot be traced as they are done under fictitious names over the internet.

SABB partners with Visa’s Cybersource for its eCommerce Acquiring Business

With the aim of fostering the bank’s growth in an evolving and dynamic eCommerce space

Companies lured to ‘crypto hub’ Dubai have regrets thanks to FTX and Sam Bankman-Fried

The implosion of FTX, which went from a $32 billion valuation to bankruptcy in the ensuing weeks, sent crypto markets into a tailspin, driving billions of dollars in outflows from some of the biggest global exchanges.

Burgan Bank Selects Commencis as Its Technology Partner in Turkey

Burgan Bank’s digital bank ‘ON’ in Turkey has signed a strategic business partnership with Commencis

Burgan Bank selects Commencis as its technology partner in Turkey

At Burgan Bank, we track developments in technology very closely, and continue to renew and grow all our digital processes.

Deloitte expands Technology FAST 50 program in Middle East

Since its inception in the United States in 1995, the Deloitte Technology FAST 50 program has grown into one of the most well-known competitions for technology-focused start-ups and scale-ups.

GCC fintech hubs 'must build on billion-dollar momentum'

The number of fintech hubs in the GCC has risen from just one in 2018 to four in 2022 and the volume of late-stage funding rounds has almost doubled in the last five years

Geidea empowers women to compete in Saudi fintech boom

The training program contains several major fintech topics, such as the impact of fintech on business models across banking and finance and different strategies for growth.

Binance receives licence from Abu Dhabi regulator

The permission will enable Binance to provide custody to professional clients, provided they meet the conditions of the FSP as outlined by FSRA

Digital bank Liv. offers region’s first in-app IPO subscription service

The initiative aims to support investor participation for upcoming listings

UAE’s Invest Bank Selects Temenos Banking Cloud to Accelerate Digital Transformation with NdcTech

Invest Bank will be one of the first in UAE to run digital and core banking on a SaaS platform

Cisco to demonstrate latest range of security innovations at Black Hat MEA 2022 in Saudi Arabia

Cisco will highlight how organizations can be more productive, efficient, and profitable as they invest in enhanced security solutions

Saudi Arabia’s PIF ups stakes in Meta and Alphabet in Q3

The fund is a driving factor behind Saudi Arabia’s growth for several years

Crypto's FTX CEO looking at all options as Binance deal collapses

The cryptocurrency market has fallen by about two-thirds from its peak to $1.07 trillion

World must take cyberattacks as seriously as terrorism, Saudi energy minister warns

The comments came as Fahad Al-Jutaily, CEO of cybersecurity firm sirar by stc, warned an attack is being launched somewhere on the planet every 11 seconds.

Egyptian credit platform Blnk raises $32 million

The funds will support further development of Blnk’s Artificial Intelligence-powered lending infrastructure and the financing of the company’s fast-growing portfolio of customers.

FinTech