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

Emirates shows off diamond-encrusted jumbo jet, confusing the internet

It called the plane the 'Bling 777' and credited the image to Ms Shakeel, but some Twitter users still believed the plane was real.

Token and Almoayed Technologies Partner to Deliver Open Banking Across MENA Region

Successful integrations in a sandbox environment have already demonstrated end-to-end value.

Turkey's digital banking listed among 'champions' in EMEA region

the report suggested banks in the EMEA markets could be broadly divided into four groups, namely digital champions, smart followers, digital adopters and digital latecomers.

Central Bank of Kuwait outlines fintech initiatives

The system will cover various initiatives including the Government Electronic Banking System, Wages Protection System, Digital Currency and Automated Clearing House.

Dubai-based mobile payments provider Beam goes global after major retail acquisition

The United Arab Emirates has seen a boom in the number of local mobile payments services on offer for consumers over the past two years, with platforms rushing to capitalize on the growing popularity of digital payments and attract the country's 1.3

Saudi Arabia’s ICD eyes blockchain tech for Islamic banks

Using blockchain for asset and liability management of Islamic banks would help them reduce costs, execution time and address issues related to transparency and traceability of transactions

Lessons from the boom-and-bust wild run of bitcoin

The initial hyper-libertarian vision for bitcoin was to create a form of money free from government or corporate oversight.

Saudi Arabia's ICD to introduce blockchain-based Islamic banking solutions

Islamic Corporation for the Development of the Private Sector's agreement with Tunisia-based I-FinTech Solutions will focus on developing products designed to solve liquidity issues

Emirates NBD's Liv. signs long-term innovation services deal with Australian payments Fintech, Verrency

Liv. is a mobile-only bank offering a lifestyle-first intuitive banking experience targeted at millennials.

KFH offers new types of gold bullion starting from 10grams

Meeting different capabilities of customers

Knowing your customer by utilising blockchain

The days in which you can make a payment by scanning your face from your mobile device are not that far and same applies to those when a customer can open a bank account without having to go to the bank."

FinTech offers "huge" opportunity for Islamic banks to serve unbanked people

Bahrain keen on expanding its role as a regional financial centre

KFH pioneer in embracing digital transformation: Al-Nahedh

KFH is one of the first banks in Kuwait to embrace the digital transformation

Robo-advisory firm is first graduate from Dubai fintech testing

Dubai Financial Services Authority issues innovation testing licence to Sarwa, a low-cost investment advisory platform

Finablr acquires digital payments company TimesofMoney

TimesofMoney to expand into new markets

How Dubai offers the most comprehensive package to aspiring entrepreneurs

The city provides a fascinating new arena for entrepreneurs and start-ups

Qatar should open its banking system to fintechs, says expert

Fast-growing and techno-savvy Qatar aim to leverage fintech to address pressing social, technological and financial services challenges.

Fintech to account for 8% of Middle East financial services revenue by 2022: report

Yet it also acknowledges considerable challenges to the development of financial technology, including a lack of funding, limited market reach, shortage of skills and inconsistencies in regulation.

Which digital wallet is right for you in UAE?

With the additional of Google Pay, consumers in the UAE have a lot of choices

Singaporean fintechs engage with UAE digital bank

They are integrating with the banking and financial ecosystem in the UAE