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

SEPA Cyber Technologies steps into the Turkish market

We see Turkey as an innovative and fast-growing Sunday.

Fintech startup Personetics lands $75M to make banking more personal

Israeli startup Personetics looks to actualize its goal of "Self-Driving Finance", automating personalized banking services and tools for hundreds of millions of customers worldwide...

Commercial Bank launches Tap N’ Earn campaign

To seize the opportunity, customers have to use their Android mobile phones, log in to CBQ Mobile App, select CB Pay under Card services, and digitize their CB Credit or Debit Card.

Bahrain's Bank ABC focuses on fees, eyes new markets for digital bank

ABC made a loss attributable to the parent company of $56 million for the nine months to Sept. 30, 2020, versus a profit of $161 million in the prior-year period.

Bitcoin tops $50,000 as it wins more mainstream acceptance

Latest landmark of asset up around 70% YTD

Qatar fintechs offer innovative solutions to customers

Cwallet officially went live in June 2020 and is now valued at more than $2mn, and has softly secured $200,000 of pre-seed round from an angel investor, as well as the original founders of Cwallet.

JustUs to open digital gateway for Middle East investors

To enable this digital investment, storage and global exchange of capital, the tech team at JustUs in November 2019 engineered a ground-breaking asset backed digital currency named BiPS, with assets supporting the currency held in a not-for-profit BiPS Fo

FinTech in UAE: UAE residents now have new ways to spend and save money

‘Buy now, Pay later’, transferring money to friends, instant credit – anything is possible

Consortium of companies to establish Saudi digital bank

Digital-only banks conduct business mainly through digital channels such as the Internet and mobile applications.

Another milestone for FinTech Saudi

The new system, which is under the supervision of the Saudi Arabian Monetary Authority, will further enable these entities to manage their cash flows, boost transparency, and enhance the quality of services provided.

Experts stress need for data privacy

Also, one of the challenges in cyber security is the lack of collaboration among countries in sharing data.

Hub71 attracts over 100 start-ups in two years as tech ecosystem gears up for global growth

The global tech ecosystem aims to build on its existing community by focusing on attracting the best-in-class tech talent, entrepreneurs and investors

The Family Office Launches Its Digital Platform

The platform of The Family Office also enables prospective clients to open accounts digitally through an entirely paperless process.

GCC Consumer Confidence out performs that of G8 Nations

The GCC is among the most optimistic regions in the world with KSA leading globally in consumer confidence despite the Covid-19 pandemic

Middle East startups are getting way too 'overvalued', says Israeli tech investor whiz

COVID-19 creates situation where anything digital now comes with high markups

Data will pave way for sustainable smart cities

Unified data and analytics equip smart organisations, and smart city operators, with more reliable information for making decisions

On cloud nine: Saudi Arabia embraces the digital revolution

With major deals involving Aramco, Google, STC and Alibaba, the Kingdom is a major player in the cloud sector

Unlocking the potential of Industry 4.0's predictive maintenance

One of the key drivers of Maintenance 4.0 is the use of digitisation and data exchanges to perform cost effective and efficient maintenance before the equipment actually fails or becomes damaged.

Anglo-Gulf Trade Bank selects Fenergo for client lifecycle management

AGTB aims to address the gap in the trade finance market by becoming the first digital bank servicing the sector, providing trade clients with unprecedented client experiences.

International Development Bank in Iraq goes live on Path Solutions' iMAL*BL

This project is fundamental to IDB’s digital transformation strategy to improve customer experience