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

Egypt: Fawry to acquires Banque Misr’s 15% stake in Fawry Plus

Fawry is an Egypt-based company that provides an electronic payment network.

Banking access: Cryptocurrency promise for UAE's unbanked migrants - but not yet

Every month, 24-year-old parking attendant Ramesh Giri waits outside a money transfer office in Dubai to send $US600 in cash to support his parents and two brothers in Nepal.

Dubai-based buy now, pay later platform tabby raises $50M at $300M valuation

Tabby is one such service and clearly the most known in the region.

UAE’s Payit partners with Platx for WhatsApp payments in the region

Merchants who enroll for this service can simply provide their WhatsApp enabled mobile numbers to their customers

Dubai watchdog gives regulatory nod to mobile investment app

Which aims to open up US markets to Middle East retail investors

ila Bank accelerates customer onboarding using the national eKYC platform

ila introduces a further simplified digital onboarding process, now requiring only one ID and a selfie, made possible by the Country's central eKYC platform and progressive digital infrastructure

Saudi CITC pushes for more tech company listings on Tadawul

The CITC is aiming to enhance the investment environment in the telecommunications and information technology sector, the postal sector and delivery applications

Fawry's OGM approves to buy Banque Misr, CIB stake in Fawry Plus

Fawry seeks to acquire Banque Misr's 14mln shares in Fawry Plus

NBK Named Best Bank in “Innovation in Digital Banking” in the Middle East

The “Innovation in Digital Banking” Award recognizes the outstanding efforts made by institutions in the area of innovation and digital technology

Predixa launches AI-driven diversity, equity & inclusion service

The analysis is bias-free, benchmarked and focuses on the most critical improvement areas – giving leadership a clear idea on the way forward.

Cash on delivery drops 85% as consumer trust in digital payments continues to rise: Visa

Egyptian consumers increasingly stepping away from cash, and putting trust in digital payments during COVID-19, according to 2021 Stay Secure survey Cash on delivery payments have dropped 85% during the novel coronavirus (COVID-19) pandemic, as consumer t

How Emotional Design fits inside a great CX

Reviewing the various research it’s easy to conclude that customers who have an emotional connection with a brand have a 300% higher lifetime value

PROJECTS: Saudi to launch $15bln fund for tech investment

It will invest $3-4bln abroad

Amazon eyes cryptocurrency; denies bitcoin acceptance rumours

Bitcoin's price rose above $40,000 on Monday, representing the first time the market has moved above that level since mid-June

Leading digital asset hedge fund manager Nickel digital announces plans to focus on the Middle East

Nickel's clients include institutional investors, global wealth managers and ultra-high net worth individuals from around the world

Legaltech startup "Clara" opens in Dubai following investment from DIFC FinTech Fund

VC-backed Clara catalysing the shift from a lawyer-led to a founder-led user experience, making legals fundamentally more efficient for startups

Fintechs to drive M&A in Saudi banking sector - KPMG

Fintechs appeal to Saudi Arabia's young, digital savvy population

New fully automated Custody platform for global operations in Axia Suite

Capitalising on international know-how, Axia Custody accelerates the communication by also supporting 2-Way Allegement functionality.

Harish Gopinath on KPMG’s Tech Innovator competition in Bahrain

The positive impact from the support provided by the Government and the marketplace is also reflected in the number of success stories we have in terms of startups and SMEs growing across sectors.

Fintech firm Ebury marks Middle East expansion with new Dubai office

Ebury's Mass Payments division expands footprint by adding Dubai to its network of offices in global financial centres, such as London and Singapore