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

Six apps and a website: Saudis confused by kingdom’s response to coronavirus

Saudi Arabia has asked residents to use a multitude of different health apps, creating an impression of an unorganised response to the virus

QFC ‘Fintech Circle’ to boost networking with large entities, corporates

The ongoing coronavirus crisis not only highlights the importance of tech and fintech but also accelerates adoption and development

Abu Dhabi's Hub 71 takes a closer look at SME issues

Brings out whitepaper on challenges startups face in opening bank accounts

Bank Muscat honoured for Channel Innovation at Infosys Finacle Client Innovation Awards

Bank Muscat has also introduced a new Personal Finance Module

ila Bank Bahrain launches new savings solution

Customers can personalise it with a name, description and fun icon and create up to ten Hassalas to reach their goals, no matter how big or small.

Banks keen to engage with FinTech projects

The study found 25 percent of Middle East banking customers surveyed are aware they are using FinTech solutions.

Fintech Adoption: Over 80% of Middle East Consumers Say they’re Willing to Use Financial Technology Apps

The study by Deloitte surveyed and interviewed 1,500 financial industry professionals who are actively working in the Middle East’s banking sector.

UAE consumers go cashless as trust in digital payments surges

71% consumers reported increased use of digital payments when shopping in-store, one in two consumers shop more online

Citrix announces back-to-office solution

Digital workspace leader leverages expertise in flexible work models and expanded microapp capabilities to help companies return employees to facilities as economies reopen

How The Largest Country In the Middle East (and the Third in Africa) is Ideal Fertile Ground For Fintech Growth

The Sovereign Fund of Egypt also announced recently this month its intention to launch four sub-funds (one of which is fintech) that presents significant investment opportunities due to global pandemic of Co-VID 19.

10 Israeli companies banking on 5G success

There are currently over 25 companies in Israel working on 5G related tech, from giants like Intel to small early-stage startups

Mobile banking top tech adopted by Islamic banks

The report reflects the views of more than 100 heads of Islamic banks from 35 countries regarding Fintech adoption and customer experience’s elevation.

Path Solutions tops IBS Islamic Sales League Table 2020

The company is part of the iconic IBSI Leadership Club 2020 for back office systems, topping the Islamic Banking category since 2017.

ADCB's digital, agile, and measured vision to graduate SMEs to corporate success

ADCB accompanies SME clients from their early days of being a start-up to when they transition into a more mature entity.

Saudi-based fintech company Halalah rebrands to Hala

The choice of the new name came after “a thorough rebranding exercise that redefined the company’s brand and product strategy, as it plans to swiftly roll out a set of services that will reflect its customer-centric proposition and values.

How Can Lebanon’s Fintech and Wider Financial Services Industry Thrive in 2020 and Beyond?

Despite these challenges, how has the Lebanese fintech and wider financial services industry been doing? Also, can it be a catalyst to help revive the Lebanese economy?

Covid-19 and Qatar: a lasting shift to virtual customer engagement?

While these solutions relate mostly to online payments, the pandemic has also transformed business-to-customer and business-to-business relationships in the banking sector.

Islamic banking software market maintains strong growth momentum

The Middle East and Africa will also offer several growth opportunities to market vendors during the forecast period.

New platform using data technology blockchain may boost GCC sukuks, says S&P report

Lockdown measures have demonstrated how the capacity of a company or a bank to shift its business online is critical for its continuity

Qatar Fintech Hub to Support Global Financial Services Providers with Establishing Operations in Middle Eastern Country

QFTH has been working cooperatively with NIUM, a Singapore based global financial infrastructure provider. Georges noted that NIUM has a presence in more than 65 countries, and plans to establish operations in Qatar.