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

Cyber risk is new threat to financial stability: IMF

Under extreme scenarios, investors and depositors may demand their funds or try to cancel their accounts or other services and products they regularly use.

Is 'buy now, pay later' the future for Gulf digital payments?

Fintech provider Tabby wins $23m funding to grow its 'instant credit' network

Under threat from digital challengers, Middle East banks revamp processing platforms

The momentum is aided by legislation mandating payment of salaries into accounts instead of cash, for example in the UAE, said Francesco Burelli, a partner at Hamburg-based Arkwright Consulting.

French digital payments company IDEMIA snaps up Saudi company

Saudi Arabia's Pcard is into card personalisation services

Codebase and AMF publish Mena open banking report

It combines insights from the Open Banking Working Group of the MFTA and the Arab Regional Fintech Working Group.

New Microsoft research: Is hybrid work here to stay?

Large study finds working remotely increase productivity and supports talent retention

QLM to focus on digitisation, network expansion in growth plan

QLM’s provider network has expanded and is considered to be the largest in Qatar and the wider Gulf Co-operation Council (GCC), with over 75,000 healthcare centres spanning 103 countries, across six continents.

Bank Hapoalim CEO optimistic about Israel UAE technological future

"We are learning quickly, we are thinking globally," Dov Kotler, Bank Hapoalim's CEO said, referring to to the mutual investments born out of the Abraham Accords.

Gulf cyber threat grows as region embraces cashless payments

With 2020 seeing an acceleration in the shift to electronic banking and payments, cybersecurity has taken on unprecedented importance

Avaya and Kuwait's Gulf Bank embrace 'multi-experience' approach

The move is part of the bank's mission to strengthen its market differentiation through better customer and employee experiences

Qatar FinTech Hub moving towards self-sustainability

The QFTH’s incubator programme has shortlisted 11 early stage startups, while the accelerator programme has shortlisted 12 mature startups, with a number of Qatar-based FinTech startups also joining the programmes.

Central banks of UAE, Saudi Arabia to launch project for common digital currency

In addition it will experiment with the direct utilize and application of technologies for example, distributed ledgers.

Crypto News Recap: Markets Flashing Green, UN Venture Further into Blockchain

Ripple, a US-based real-time gross settlement company, sold out third of its stock, which is worth $15 million in the American money transfer company, MoneyGram.

Codebase unveils Digibanc SaaS to fast track digital banking adoption

Digibanc™ SaaS, has been created to empower financial institutions in their digital drives and ensures complete Regulatory compliance.

Why Do Saudi Arabia and UAE Want a Common Digital Currency?

For now, the digital currency will only be used by two central banks and those commercial banks that have already announced their willingness to receive cryptocurrency as a unit of account for transactions: be it local transfers or transactions between th

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