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

Path Solutions takes top honors in three ACQ5 Global Awards

It’s extremely gratifying to have won three awards in these important categories of ACQ5 this year”, said Kateeb.

64 Percent of Consumers Want AI to Be More Human — Sort Of

Consumers are increasingly aware and satisfied by AI-enabled experiences, but expect the human presence.

China, UAE can connect on blockchain future

Of vital importance is that they do so over interoperable networks than stand-alone ones

Blockchain and Banking Transformation

The banking industry has undergone enormous change in the past two decades, with the regulatory environment making it increasingly difficult to reach profitability levels that were seen before the global financial crisis.

This Industrial Chinese City Is Looking To Israel To Help Transform Into An Innovation Hub

Relations are set to deepen further as China undertakes its “Belt And Road Initiative,” an ambitious project unveiled in 2013

Arabian Business Podcast: The future of cryptocurrencies in the UAE

Panel of UAE experts air views in latest AB Roundtable Podcast on how blockchain technology will soon transform business operations

Saudi Arabia boosts fintech drive with UAE and Bahrain talks

Saudi Arabia is discussing a coordinated approach to the regulation and nurturing of fintech startups with the UAE and Bahrain.

Saudi Arabia 'top digital banking market in Mena'

The kingdom is one of the world’s most digitally-advanced countries

Commercial Bank of Dubai signs acquiring porcessing deal with Network International

We are delighted to have been chosen by CBD, one of the leading commercial banks in the country, to boost their acquiring processing capabilities

Agenor Technology in ‘strategic’ UAE deal

Agenor chief executive Andy Smith said: “This breakthrough agreement represents a vital precedent for ICEFLO’s adoption by financial sector clients."

KSA top digital banking market in MENA

Among the Kingdom’s biggest digital banking growth drivers are moving to the cloud, which SAP supports with the recent launch of its local public cloud data center in the Kingdom.

NBB completes first phase of AWS Cloud adoption

This comes as NBB accelerates its digital transformation, with plans underway to migrate the bank’s intranet and online banking platform to the cloud. Infonas, an AWS Standard Consulting Partner, undertook the migration of the website.

Bank Muscat unveils new digital banking services for corporates

Bank Muscat’s new digitalised banking services allow corporates to control their finances around the clock.

80pc of transactions will be digital in three years, says expert

He said that although digital banking would never fully replace traditional channels, it may start to dominate the industry with 80pc of the transactions being digital.

UAE launches unified portal for business licensing

Bashr also provides a newly-licensed business with automatic membership of the relevant chamber of commerce

FSI Middle East wins contract to provide FM software solutions to Al Rajhi Bank

The solution will include providing Concept Evolution CAFM and FSI GO Workforce Mobility systems for both Rajhi Bank’s headquarters and their operations buildings based in Riyadh.

Al Baraka Bank moves towards digitalization

ABPL is a subsidiary of Al Baraka Banking Group (ABG), a Bahrain Joint Stock Company, listed on Bahrain and NASDAQ Dubai stock exchanges.

Bank Anytime, Anywhere with Maisarah Mobile Banking App

The app has been designed to provide a greater digital banking experience for our customers

The Case For An Innovation Hub To Facilitate MEASA Financial Inclusion

While many existing efforts are underway across MEASA, these are often heavily fragmented and make a large-scale advancement challenging.

UAE to act as 'beating heart' of financial innovation in Middle East

Nearly 50 percent of all financially excluded and underserved individuals are currently situated in the MEASA region.

FinTech