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

ADNOC completes first phase of AI predictive maintenance project

The predictive maintenance project is being implemented over four phases and is one of the largest in the oil and gas industry

Digital payment markets expect 2021 windfall as online shopping surges

Nearly half of consumers in UAE, rest of region, plan to increase online spending

Abu Dhabi Investment Office offers startups $41mln in AgTech incentives

ADIO programme focuses on supporting innovators developing agriculture solutions that are locally relevant and globally exportable

NBK the first bank in Kuwait to provide registration for "Kuwait Mobile ID" app from different locations

For NBK customers through the mobile branch

Profile: Partnership with Surecomp, leading provider of global trade finance to mutually represent solutions

In response to a higher volume of finance requests, they must facilitate trade more efficiently and with greater connectivity to the broader trade finance ecosystem.

FinTech Ripple chooses Dubai International Financial Centre for regional headquarters

Ripple to work with local and regional institutions to revolutionise payments industry

UAE eCommerce sector to continue upward trajectory as digital payments boom during COVID-19

49% of consumers have been shopping online more since the virus outbreak

Digital banking is yet to throw up clear winners, and that means opportunity

Pure banks may have an edge, but tech giants will not shy away from an entry

GCC governments can save billions if they adopt AI

For one, AI can enhance government services – menial tasks such as licenses, registration, tax, post, etc – that are widely criticised for long waiting times.

Emirati Financial Executive Urges Israeli Companies to Set Up Business in the UAE

We need technological innovation that can enter the fields of cybersecurity, pharmaceuticals, and sustainability.

United Arab Bank Partners With Trend Micro To Unlock USD 8 Billion MEA Banking Security Market

Supporting the Middle East’s banking security, United Arab Bank has digitally transformed its security infrastructure with Trend Micro.

The State Of AI Adoption In Financial Services

Strengthening customer relationships by providing exciting new services that protect everyone's health while saving valuable time is proving to be the financial services' greatest challenge.

Bankmed embarked on digital transformation with Acumennet

Acumennet has been deployed as a Front-Middle-Risk Treasury system across a comprehensive spectrum of asset classes

MENA startup founded by ex-McKinsey consultant raises $2.3 million

To start with, markets in focus are Saudi Arabia and Pakistan – a $100 billion opportunity per the statement.

CoreCard® expands into Middle East and APAC regions - Opening of new office in Dubai, U

Staffed with Former Wirecard employees

Harford Mutual Insurance Group Goes Live with Sapiens PolicyPro Platform

The modernized, fully configurable solution enables Harford Mutual Insurance Group to quickly roll out new, innovative products, automate business processes and enhance operational efficiencies

Ooredoo Kuwait Reports 8% Improvement in EBIDTA and 2% in Customer Base in Q3 2020 vs. Q2 2020

Ooredoo Kuwait witnessed tremendous increase in digital user numbers and digital sales

Saudi Arabia: E-Payments Hits Record Figure

Payments made through Apple Pay and Mada Pay accounted for 25 percent of the total number of transactions on POS devices until the end of Q3 2020.

Amazon consultancy Podean launches in the Middle East

Retail players in the Middle East will now have close access to these service offerings.

Report indicates an increase in banking fraud in Africa and Middle East region

It is emerging that fraudsters are seriously preparing for such calls and are actively using social engineering methods. In 37% of cases, they mentioned the correct name and surname of the person whom they called.