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

Cloud computing surges in the UAE in 2019

Cloud computing take-up saw a significant acceleration in the Middle East throughout this year

KFH invests strongly in banking innovation and FinTech: CEO

The panel discussion discussed the current landscape of Islamic banking and its future trends.

Fintech service provider QPAY joins the QFC platform

Attracting and licensing Fintech companies that offer significant value to local businesses, such as QPAY, is part of the QFC’s initiative in supporting and developing the financial services sector.

Fitch sees Turkish banks suffering more asset quality erosion

Growth projections for Turkish lending next year will be driven mainly by lira-denominated loans

Plain-Sailing Future For Trade Finance Digitization

Trade finance is moving out of the paper age.

Banks need to be 'technology savvy, technology first', to stay competitive: Brett King

In future, King said, “Advise will be digital, distribution will be digital. Banking experiences will be digital.”

Arabian Bourse receives Multi-Million Dollar Investment

The Company is headed by His Highness Sheikh Hamad Bin Khalifa Bin Mohammed Al Nahyan as the Chairman and Anwar Hussein as the Board Member.

UAE at the forefront of blockchain adoption

The new projects are piloted in new areas using artificial intelligence and the Internet of Things."

Wamda invests in UAE FinTech FlexxPay

The start-up, which allows employees to access part of their earned salaries between pay cheques, raised $1.5 million in its latest funding round

Tribal Credit, a San Francisco-based fintech co-founded by Egyptian entrepreneurs, raises $5.5 million seed

Tribal Credit is building a business credit card for startups in emerging markets that will provide them with instant access to credit and control over their spending.

Intellect ships RM Office 2020 for wealth managers

Intellect applied Design Thinking to solve its complex problem and completed holistic 6 dimensional needs to empower RM.

It's Tech Time In Saudi Arabia

Time to tap into Saudi Arabia's tech opportunities

First Palestinian Fintech start-up developed by a woman

Entrepreneur Shurouq Qawariq co-founds Rumman to provide financial technology services

Dubai-based start-up Fetchr agrees to as much as $25m in financing

Courier app has already raised up to $10m in funding

QIB upgrades corporate Internet banking portal with innovative features

With the addition of the new Auto Cover — liquidity management function, customers can use the online portal to link two accounts, in order to make payments from one account and cover funds from another account instead of issuing physical cheques.

Bahrain's Rsquare Technologies Signs MoU with Singapore's Startup Accelerator

The agreement builds upon strong 30-year diplomatic ties between Bahrain and Singapore

CedarIBSI FinTech Lab roundtable discusses need for RegTechs in Middle East

Located in the Dubai Internet City, the lab aims to help provide suppliers with access to Middle East banking technology market.

ASBB, MSA Capital To Launch $50m Fund To Boost Tech From China To The Middle East

Bahrain is a natural fit for this pioneering partnership having served as a commercial bridge linking East and West for thousands of years.

UAE Central Bank to set up single fintech coordination office

Regulators across the region have been busy implementing a number of new initiatives related to fintech.

Egypt- Five banks to begin collecting mortgage finance instalments electronically amid CBE initiative

The CBE added that the electronic payment service for the mortgage finance instalments will be free of charge