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

Goldman Lampe Private Bank Unveils AIDA: A Trailblazing AI System Set to Revolutionise Banking

Beyond its remarkable capabilities in fraud detection, AIDA is engineered to revolutionise the way investment strategies are devised.

Emirates NBD joins Dubai FinTech Summit as the Premium Banking Partner

The collaboration signifies Emirates NBD's continued commitment to fostering innovation and excellence in the financial sector

Art, technology and longevity: can digital art transform lives?

Julius Baer and digital artist Krista Kim explore the potential of immersive experiences

Six Egyptian Startups And One From Middle East At The Shortlisted Of Underdog Award

All too often we hear about companies from the same global capital hubs and their founders, who have graduated from the same Ivy League universities.

ADIB eases cross-border payments with ProgressSoft

This robust and scalable payment infrastructure solidifies ADIB’s position as a leader in the digital banking landscape, paving the way for its ambitious growth strategy in the UAE and beyond.

Banque Misr to foster e-payment, e-collection services at HCWW

Under the protocol, the bank will provide several digital banking services to HCWW and its subsidiaries.

Egyptian Banks Company Partners With Visa to Tackle Remittance Challenges in Egypt

The second project involves partnering with banks and financial institutions to facilitate transfers to beneficiaries in Egypt using IPN’s phone number or username directory.

QuantumFy Brings Tailored Banking and Payments to MENA Through Expansion

QuantumFy specialises in tailored banking, payment, and investment technology solutions.

Binance ‘hopeful’ about Saudi crypto regulation in 2024

Saudi regulation would be “huge catalyst for growth in the industry”, government official says

Mastercard, Egyptian Banks team up to boost sustainable economy in Egypt

Last year, Mastercard cooperated with the Central Bank of Egypt (CBE) and the Egyptian Banks Company (EBC)

Gulf Business launches WhatsApp channel; here’s how to sign up

Expect real-time updates, exclusive interviews, industry analysis, and more, all delivered to your WhatsApp

IBF DigiLabs announces Benevolence - A blockchain based Islamic charity app

This expansion is tailored to meet the growing trend of crypto donations, making it easier for users to contribute their charity, zakat, and waqf funds in the most convenient way possible

Mashreq partners with UAE fintech Fils

The Memorandum of Understanding between Fils and Mashreq will launch carbon offsetting services for corporate clients

Paymob secures Central Bank of Oman’s PSP license

With the PSP license in Oman, Paymob further delivers on its mission of enabling MENAP SMEs to thrive in the digital economy via access to a variety of innovative digital payment solutions.

Qatar adopts technology to enhance efficiency of industrial operations

ABB Group in Qatar strives to contribute to the economy by boosting operations and increasing efficiency.

Insights: Here’s how to fight fraud with tokenisation

As financial services become more sophisticated, so do the fraudulent techniques used by scammers.

UAE fintech funding surges 92% in 2023 defying global slowdown

Fintech firms pulled in $1.3bln across 54 deals, according to Innovate Finance

Banking sector advances towards data-driven, cloud-enabled future

Cloud computing provides the agility, scalability, and cost efficiency necessary for banks to stay competitive in a rapidly evolving digital landscape.

Kuwait International Bank unveils KYC updates on mobile app

This aligns with the Bank’s comprehensive strategy aimed at keeping pace with digital transformation efforts and continually developing its services and products.

Emirates Islamic to launch a digital wealth offering and equity trading on its mobile banking app

As a special introductory offer, customers using the Digital Wealth platform will be able to trade in stocks with zero commissions from 1 January until 31 March 2024.