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

UAE cyber experts unite to warn against unprecedented criminal threat

Scammers are growing increasingly sophisticated as their targets struggle to keep up with sinister technology

Achieving IT startup success in the West Bank

However, very few new IT companies are being established and most graduates end up joining the 31 per cent of the population that is unemployed.

Dubai-backed fintech company Numbrs reaches $1bn valuation

The firm plans to use the latest fund-raising to support expansion plans beyond Germany, particularly into the UK.

Red Hat Launches OpenShift Service Mesh

While microservices present a transformative option for modern, cloud-native applications, effectively developing and using microservices in production can raise new challenges of implementing and managing inter-service communication.

ADCB launches real time trade finance for customers on dltledgers Blockchain platform

Provider recorded "remarkable growth" in online transactions from January to July.

CR2 and Network International announce partnership to deliver Mobile Banking as a Managed Hosted Service in MEA

CR2 and Network International will deliver mobile banking as a Managed Hosted Service, enabling banks to rapidly deploy and cost-effectively manage their mobile banking services

Israeli Cybersecurity Startup axonius Raises $20M

Axonius co-founder and CEO Dean Sysman said the funds will help the company “drive customer acquisition and expedite product development,” according to Venture Beat.

UAE bank ADCB adopts blockchain for trade finance

In trade finance, blockchain improves the transaction’s speed and transparency for the parties involved.

Demand for crypto and digital assets in GCC to rise manifold

The increase in trading activity on the crypto markets indicate that there is institutional participation.

Emirates NBD's Smart Pass locks out users without smart devices

The security measure replacing OTP texts for online transactions prevents SIM swap fraud, but requires a smartphone or tablet

Dubai-backed fintech reaches unicorn status

The startup has deliberately focused on private investors, as opposed to venture capital firms and private equity or sovereign wealth funds.

Dubai-based ASA Ventures to Launch ZON – The Region’s Largest Decentralized e-commerce Network

Mobile Application Based E-Commerce Platform to Focus on Large Number of Retail Smes Currently Unserved by Online Marketplaces

Why crypto foundations should be robust, clear

Bitcoin - the first, most popular and dominating force in the crypto spehere - has been notorious for its volatility.

Falcon Network's investors conclude investment in start-ups

Dr Sayd Farook, co-founder of the Falcon Network, said: "We are delighted with the success of our first round - with over 223 start-ups submitting funding applications from 46 different countries.

Dubai-based ASA Ventures to Launch ZON - The Region's Largest Decentralized e-commerce Network

The UAE Ministry of Economy has estimated that e-commerce constitutes 10 percent of total sales in the UAE, while the country has enormous potential with nearly 100 per cent smartphone ownership and internet penetration.

Enterprise blockchain vendor R3 has partnered with a Dubai-

The sukuk market has gained global popularity in recent years

UAE banks ahead of regional peers in digital transformation

Noor Bank has done quite a lot in its digitalisation process over the past two to three years

Emirates NBD’s fintech tie-ups positive: Moody’s

Emirates NBD move will help bank develop new digital products and services

NBB inaugurates bulk cash deposit machine to support business clients

The bank’s Cash Deposit Machines are accessed by biometric scan and clients can deposit cash up to 20,000 notes at a time.

Dubai ranked seventh in the world’s top FinTech Locations of the Future

Report highlights factors influencing the top ten ranking in FinTech locations