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

CoinMENA appoints SRB for Islamic opportunities in digital assets

CoinMENA provides direct and regulated access to digital assets such as Bitcoin, Ethereum, Litecoin and Ripple.

Saudi’s HyperPay raises eight-figure investment for its payment processing platform

Even though HyperPay did not disclose the exact size of investment, given the investors involved, it would be safe to assume that it is between $10 to $15 million.

Hackers target WhatsApp users in Saudi Arabia with new phone scam

Precautions urged to protect data and money from hackers

Riyadh named Arab world’s first digital capital for 2020

The Kingdom also climbed 16 places in World Economic Forum’s Global Competitive Index 2019 in terms of ICT adoption, and topped in the ease of doing business ranking according to the World Bank’s 2020 report.

Investing in digital infrastructure

Dubai will also host one of the most iconic events in the world, Expo 2020, which will showcase some of the biggest technological achievements

Saudi fintech startup Lendo set to unlock invoice financing for SMEs launches

Lendo is developing a community of borrowers and sophisticated investors that enables SMEs and investors to match each other through the P2P model.

Mashreq migrates to the Microsoft intelligent cloud

UAE's oldest private bank us Microsoft to accelerate its digital transformation

Gulf Bank picks Murex to digitalize capital markets, treasury functions

Gulf Bank will deploy the MX.3 platform, to provide robust technology infrastructure for core and support operations, as well as risk management, Murex said in a statement.

Middle East's cloud computing landscape witnessing robust growth: report

Industry reports suggest that by the year 2020, 83% of enterprise workloads will be in the cloud.

Swissquote would consider targeting Saudi, according to global CEO

Online bank has had a presence in Dubai for the last ten years

Qatar’s $320 Billion Wealth Fund Seeks to Catch Up on Technology

QIA’s Mansoor Al Mahmoud says fund has been ‘underweight’ tech

Fintech: How innovation is dragging the region's banks into the 21st century

In order to find out, we speak to the head of Finastra, one of the largest fintech service providers in the world.

Noor Takaful Accelerates Its Digital Transformation Journey with BIOS Middle East’s Cloud

The insurance industry in the UAE is undergoing a profound transformation and technology is at the forefront of it

HSBC brings the latest digital payment technology to Qatar

Globally, HSBC has enabled SWIFT gpi across 45 countries with more than 90 per cent of HSBC’s payments using the technology, empowering clients to see end-to-end payment status via HSBCnet Track Payments.

Why Middle East startups are choosing the cloud

Startups approach cloud and, more importantly, security, with a different viewpoint when compared to larger established organisations.

GIB hosts Fintech Saudi event at bank’s Al Khobar Innovation Centre

GIB’s event discussed the key changes in consumer expectations and demands, how leading organisations are responding to these, and what impact these changes are having in the market overall.

First digital bank begins operations in Tunisia

Bank ABC looks forward to Tunisian government eventually implementing the state’s plans to digitise all administrative services.

Saudi Arabia poised as MENA's hub for digitization and startups

Over 6000 attendees, 300 startups, and 150 VCs gather at Arabnet Riyadh

Why P2P Could Soon Play A Leading Role In Middle East FinTech B

Since launching its SME and P2P lending services — the latter involves investors found online who take part in the financing programs in hopes of healthy returns — the situation in the region has been, as Moore put it, challenging. That’

Cloud computing surges in the UAE in 2019

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