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

Hub71 announces new corporate engagement program with Aldar and ADCB

Hub71 launches new Corporate Engagement Program for startups

Egypt- CIB deploys digital solutions to revolutionise banking sector

CIB's Innovation Lab is positioned as the FinTech and Entrepreneurship Hub within the Banking Sector given its strong presence in the ecosystem via its contribution to all the sound incubators and accelerators in the market

NBK First Bank to Launch 'Garmin Pay' Service in Kuwait

Al Othman: The new service comes as part of NBK's efforts to introduce customers with easy, innovative and time-saving payment solutions

Rise of robots: Most UAE residents fear they will be out of work in ten years

New survey says growing adoption of artificial intelligence (AI), automation will put professionals out of work

Standard Chartered, Bahrain FinTech Bay to foster startups in the region

The FinTech space in the Middle East and North Africa (MENA) region is expected to have strong growth prospects where it is estimated to receive private-funding investments worth $2 billion in the GCC over the next decade.

Saudi Aramco invests $5m in oil blockchain VAKT

Saudi Aramco is one of the largest companies in the world by revenue and recently had an IPO of 1.5% of its stock, giving the entire organization a valuation of $2 trillion.

RAKBANK launches full product suite of Corporate Payment Solutions in partnership with Mastercard

RAKBANK Corporate Purchase Card, Corporate Executive T&E Card and B2B Virtual Card payment solution unveiled for the UAE Market

MoneyGram taps Suez Canal Bank for remittances in Egypt

“We’re excited about how this partnership with Suez Canal Bank will provide our customers in Egypt with cutting-edge capabilities that offer the industry’s best service.”

DIFC’s FinTech Hive launches new start-up ‘Scale Up Programme’

DIFC's FinTech Hive Scale Up programme benefits scaleups by helping them grow through strategic partnerships

Middle East, Turkey and Africa to spend top dollar on innovation, digital transformation

Additionally, spending on artificial intelligence will top US$600-million in 2023, doubling from 2018 levels, while IOT spending will reach US$17-billion in 2023, six times the value seen in 2018.

Microsoft Announces Plan To Launch Cloud Data Centre Region In Israel

This investment expands the company’s global cloud infrastructure to 56 cloud regions in 21 countries with the new Israel region anticipated to be available by 2021.

SA, Egyptian fintech startups selected for Startupbootcamp accelerator in Dubai

The programme began earlier this month and concludes with a demo day in April.

Samsung Pay Expands in the UAE With New Bank Partnerships

Samsung Pay is a simple and intuitive mobile payment service, which ensures swift and secure transactions for customers who can just swipe or tap their credit or debit cards to make purchases almost anywhere.

Dubai’s Sarwa raises $8.4 million Series A to make investing

Sarwa claims to have grown by 10x in 2019.

Businesses Face a Digital Ceiling in Their Transformation Progress

The report, which surveyed over 1,000 executives globally, ranked the most digitally advanced companies as "Visionaries", followed by "Explorers" and then "Watchers."

Seizing the FinTech opportunity in the UAE

The number of FinTech companies in the region is forecast to grow to 1,845 by 2022

Tech Trends 2020

Deloitte’s 11th annual Tech Trends report provides insights and inspiration you will need for the digital journey ahead. Several of this year’s trends are responses to persistent IT challenges. Others represent technology-specific dimensions o

What Businesses Need To Know About Hybrid Cloud

As governments and businesses race to take advantage of cloud computing, they are navigating current and future data regulations, as well as how to make the most of existing IT infrastructure.

UAE to save AED11 billion through Blockchain implementation, Dubai future foundation and world economic forum whitepaper reveals

The findings published in the white paper shed light upon core requirements across both technical and non-technical drivers of blockchain deployment success

MEA biometrics market ‘set to grow at over 21pc’

This task is time consuming, tedious and runs a risk of error due to human fatigue