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

Banking on SAMA’s advice to combat financial crime

SAMA has defined fraud as “any act involving deceit to obtain a direct or indirect financial benefit by the perpetrator or by others with his help, causing a loss to the deceived party.”

ADIB recognised at Gulf Customer Experience Awards for its digital transformation strategy

The award recognised ADIB's digital banking offerings, a core aspect of the bank's growth strategy

Stepping up for SMEs

Using a robust-technology-driven platform, Beehive connects small businesses seeking fast and affordable finance with investors who can support their aspirations for growth or help with cashflow

Robo-advisors: the future of wealth management

Using algorithms to deliver tailored solutions, robo-advisors make investment affordable

AI in the UAE: Falling short of expectations despite huge business, educational potential

But the vast majority of organizations in the wider EMEA region, including the UAE, are still at the early stages of exploring the technology’s potential (52%) or still require significant organizational work to implement an AI/ML solution (36%).

Seven essentials to digital transformation in banking

A successful transformation requires a simplification of these myriad applications to ensure a seamless back-end operation.

UAE-based neobank YAP debuts country's first independent digital banking platform

YAP already has more than 20,000 pre-registered consumers

Suez Canal Bank selects Temenos core package

This will help the bank achieve its strategic goals to grow sustainably while delivering more value to customers and shareholders.

AppTech and NEC Payments Announce Financial Close of their Agreement

The merging of AppTech’s merchant services and secure text payment solution with NECP’s digital account

Top Egyptian Bank Selects Temenos to Transform Digital Banking in Egypt

Temenos’ digital banking platform will help Suez Canal Bank drive sustainable growth and financial inclusion in country where more than 40 million are unbanked

Open Banking: the opportunities and the risks

Strong customer authentication must be adopted to make open banking a success

Anghami to be first Arabic technology firm to list on Nasdaq New York

UAE-headquartered music streaming service plans to rival Spotify, Deezer with US IPO

Qatar, UAE, Iran and Egypt making big strides in digital inclusion

Qatar, the UAE and Egypt are among the top five most improved countries when it comes to digital inclusion between 2017 and 2020 – each having jumped eight spots on the Roland Berger ranking.

PwC's Experience Centre hosts region's top FinTech start-ups

Most recently, this has seen the advisory and auditing giant play host to Startupbootcamp FinTech Dubai at its Experience Centre in the city.

FinTech and digital transformation headline at the 10th Annual Middle East Banking Summit

Another discussion featuring Sid Bhatia from Dataiku, Ahmed Alrefaei from Arab Bank for Investment & Foreign Trade, Sri Lakshmi from First Abu Dhabi Bank and Alok Gupta from HSBC.

ESG investing and digital in focus at HSBC Middle East capital markets forum

The region's capital markets have made great strides in recent years, becoming integral components of benchmark emerging market indices for global investors, and they are poised to develop further still as the region actively pursues both the ESG and

SS&C Intralinks Sees Continued Strength in Mergers & Acquisitions Activity through Q2 2021

We anticipate positive M&A volume across most territories through Q2 2021 and are looking at new ways in forecasting deal volume through these unique times.

Bank of Israel encourages participation in hackathon on the use of ISO 20022 for x-border payments

Bank of Israel encourages participation in a global hackathon on the issue of cross-border payments

ADCB Egypt prepares to launch package of digital services: CEO

Bank completes final preparations for second phase launch of internet, mobile banking for individuals and companies, says Ihab ElSewerky

KPMG: 98% of Saudi CEOs set to invest in cloud technology in 2021

SAP found that while 83 percent of respondents said data sharing improved their innovation in current goods or services, only 22 percent did this with partners.