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

UAE billionaire Sajwani to invest $1bln in building data centres

Property tycoon to develop facilities in Europe, Asia, Africa, Middle East

Irish fintechs go on display in Dubai

Enterprise Ireland is proactive in supporting its Fintech sector to thrive and be competitive globally.

Mena economies can add up to $1.6tn over 30 years by fully digitalising: World Bank

The benefits of digital adoption will also lead to a surge in new jobs, lender says

Saxo Bank launches new SaxoInvestor platform for GCC region

Platform offers access to Stocks, ETFs, Mutual Funds, Bonds, Cryptocurrencies and Managed Portfolios supported by a wealth of information and analysis

Global FinTech funding rose 68% in 2021 on record deals, KPMG says

A total of 5,684 transactions worth $210bn were signed last year amid growing interest in subsectors such as payments and blockchain

QCB studying digital currencies and digital banking: Official

In the next couple of months, there will be greater understanding about the future focus of QCB.

Digital Financial Exchange launches new corporate identity and a first of its kind program from Dubai

IFX launched the “Nomination Program” which allows crypto traders to ensure their assets are secure and passed on to their beneficiaries in case of uncertain circumstances

IBM bolsters investments in the MEA with the launch of Client Engineering

New Client Engineering teams will deliver an enhanced client experience focused on co-creation, technical eminence and speed

Crypto exchange FTX wins licence, plans regional HQ in Dubai

The UAE is the third-largest crypto market in the region, trailing Turkey and Lebanon, according to data compiled by Chainalysis fas of June 2021.

Capiter, QNB Alahli sign cooperation agreement

Negm said that the CBE seeks to reach a cashless society and transform Egypt into a regional centre for financial technology in Africa and the Arab world.

Wizz Financial to introduce live digital payment platform in the UAE

Wizz Financial will partner with NPCI International Payments, the international arm of National Payments Corporation of India

Russians Liquidating Crypto In UAE As They Seek Safe Havens

Crypto firms in UAE are deluged with requests to liquidate billions of dollars of virtual currency as Russians seek a safe haven for their fortunes

Charting the growth of the regional fintech ecosystem

Saxo Bank MENA’s CEO Damian Hitchen talks about the region’s fintech space and the challenges faced by the financial sector

Binance gets first Gulf crypto licence from Bahrain

The world's largest cryptocurrency exchange will be able to provide crypto-asset trading, custodial services and portfolio management to customers

Masdar, Mashreq to progress UAE SME, start-up ecosystem

This will include easy access to NeoBiz, the bank’s first digital banking platform designed specifically for start-ups and SMEs

Top Strategic Technology Trends for 2022

Composable applications make it easier to use and reuse code, accelerating the time to market for new software solutions and releasing enterprise value.

Abu Dhabi Islamic Bank enhances its digital banking ecosystem

More than 75% of customers are digitally active on ADIB’s online banking platforms

National Finance introduces WhatsApp with real time automated messaging

The enhanced service comes in line with the company’s vision toward adopting digital transformation and improving customer experience

NBO Suite of Solutions Offer Customers Seamless Digital Payments

NBO’s latest digital payment solutions include the constantly-enhanced mobile app

Saudi IT firm Arab Sea swings into profit in 2021 as revenue more than doubles

The Riyadh-based company erased losses of $4.21mln from a year earlier