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

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

New Platforms and Solutions Confirm the Growing Interest of the Middle East in Blockchain

This piece explores how the Middle East is evolving on the path to powering the mass-market adoption of Blockchain.

Visa-backed Bankable opens Middle East hub in DIFC

The global digital banking and payments platform will serve financial institutions, corporates and FinTechs

Bank ABC Launches “Ila” Its Digital, Mobile-Only Bank in Bahrain

Bank ABC launches ila Bank, foraying into the digital, mobile-only banking space, beginning with Bahrain with a roadmap to take it across the MENA region.

Blockchain adoption to fuel fintech growth

Blockchain implementations in financial services remains a leader in fintech predictions and will see the institutional adoption of crypto currency or digital assets to facilitate social necessities and financial inclusion requirements.

Is UAE the global blockchain capital in 2020?

The platform also acknowledges the prospects for Dubai in order to lead that region in innovative tech and fintech to become the global blockchain capital.

Oman Oil and Orpic Group and HSBC execute first blockchain trade transaction in Oman

The transaction involved the shipment of polypropylene, a thermoplastic polymer used in a wide variety of applications, to Abu Dhabi National Carpet Factory

GCC states missing from annual Deloitte and KPMG tech lists

The Big Four professional services firms Deloitte and KPMG have released their annual tech and fintech benchmarks – with firms from the GCC failing to make an impact.

Could Artificial Intelligence be the answer to economic diversification in the GCC?

Assigning large budgets for the speedy implementation of AI, these two GCC states have made a major impact.

MOF Announces Strategic Partnership With Finovate Middle East

This is in line with our commitment to contribute to the goals of the National Strategy for Advanced Innovation and the UAE Vision 2021, and to implement the government's vision to progress the UAE towards an innovative knowledge-based economy.&r

Crypto-currencies pose no threat to Oman’s financial sector: CBO

CBO supports the use of cutting-edge technology by the banking sector

SABB and HSBC complete first blockchain trade transaction in Saudi Arabia and Bahrain

The move puts Saudi Arabia and Bahrain at the forefront of global trade, introducing new levels of efficiency, security and transparency for corporate's looking to access new markets.

Bahrain's Push to Fintech by Central Bank

Given the extreme pace at which digital transformation is happening in the financial services sector, Central Bank of Bahrain adapted innovation to ensure that the country remains a thriving financial hub

Digital ecosystem and 4th industrial revolution contribute to sustainable development

Gender equality is not only a fundamental human right, but a necessary foundation for a peaceful and sustainable world.

‘Liberal arts’ and coding as a ‘second language’: How hiring is changing for banks in Asia

A recent report found that job listings requiring skills in artificial intelligence increased nearly 60% over the past year.

Turkey’s Unexpected Rise to the Top of Global Crypto Adopters

In fact, observing the rapid rise of crypto and blockchain in the country, Cointelgraph has unveiled the Turkish edition of the outlet this year.

The Luxury Closet's successful expansion into Kuwait

The Luxury Closet launched their flawless VIP concierge service for consumers in Kuwait five months ago

United Arab Bank Chooses Finastra to Power Digital Transformation

Finastra will help the bank modernize its retail and corporate offerings and drive growth

FinTech fast track

With this move, the EDB appears to be signaling in particular to blockchain and cryptocurrency start-ups that often find themselves stuck in red tape around the world.

NBK Adds Dark Mode Feature and New Enhancements to NBK Mobile Banking App

Carino: “We are committed to providing a comprehensive banking experience and convenient services to our customers as part of the Bank’s strategy.”