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

Saudi fintech unicorn Tamara secures $2.4bn financing deal

Tamara is the Kingdom’s first fintech unicorn and offers payment solutions to over 20 million customers.

Binance and Franklin Templeton to develop digital assets initiatives and products

Franklin Templeton and Binance are harnessing blockchain tech to create solutions that merge the scale of traditional finance with the speed and accessibility of decentralized markets

QFC Digital Asset Lab launches blockchain-based POC

The system will operate on HashSphere, a private permissioned distributed ledger technology (DLT) network built with Hedera technology, deployed on Google Cloud infrastructure provisioned through QFC’s Digital Asset Lab.

Shift to digital apps for remittances grows in UAE, Saudi Arabia, shows report

Remittances remain central to how people in the UAE support families abroad, with 49 per cent sending money for humanitarian or family needs

Objectway accelerates growth

The wealth management sector continues to grow steadily, and demand for modern technology solutions from established providers is increasing.

Qatar’s banking sector leading in fintech adoption

Qatar is well positioned to become a leading centre of financial innovation.

Warba Bank Launches Youth Account “Wave Banking”: A Fully Integrated Digital Banking Experience for Young Customers

The platform allows young customers to manage their finances intelligently

Khaleeji Bank and eTijwaal partner to offer eSIMs for travellers

This collaboration aims to deliver seamless and convenient connectivity solutions to the bank’s clients during travel

O Gold, botim launch MENA’s first fintech gold investment solutions

Upon an agreement signed in 2023, this partnership makes botim the first fintech in the UAE to officially offer gold investment solutions

Women in AI is a strategic advantage for UAE, says TII’s Dr Najwa Aaraj

This Emirati Women’s Day is not just a celebration of what has been achieved but a reminder of what’s still at stake, says the CEO of the Technology Innovation Institute (TII)

Qatar’s investment in quantum computing could redefine Gulf’s tech landscape

Qatar is signaling that it does not want to be a latecomer to the quantum era.

Cognite expands global footprint with new Abu Dhabi entity to accelerate industrial AI adoption in the region

By establishing a local center for expertise, technology, and support, Cognite is solidifying its commitment to its growing customer base in the area

Oman embraces cashless future as mobile payments surge

Financial literacy is emerging as a critical balancing factor.

Saudi Arabian bank, SAB launches first Islamic Repo on blockchain

The total number of valid business records in KSA reached 1.72 million.

Wio Bank Partners with Xero to Enhance Accounting for SMEs in the UAE

Real-time insights ensure an accurate view of overall financial health, making it easier for business owners to make more informed decisions.

Central Bank Approves Misr Digital Innovation’s Transition to onebank, Egypt’s First Fully Digital Bank

The bank intends to use technology that meets the demands of a digital-first environment.

Doha sees surge in startup activities, innovation

International recognition underscores Qatar’s progress in fostering a vibrant startup ecosystem.

Misr Digital Innovation secures approval for Egypt’s first fully digital bank

The launch of onebank's products and services is anticipated in 2026.

Smart infrastructure upgrades bolster Qatar’s national goals

On the other hand, the risks remain with a global shortage of high-end AI chips

Wio Bank launches direct integration with Xero to simplify accounting for UAE businesses

It also improves cash flow visibility through seamless invoice matching, while real-time insights offer an up-to-date view of financial health

FinTech