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

Global insurtech firm Democrance expands footprint in Saudi Arabia

Democrance helps insurers increase their digital sales and access new customer segments

UAE: Emirati experts create AI-powered auditing platform

Al Mersad, developed by Abu Dhabi Accountability Authority, will bolster the speed and accuracy of auditing process

Turkish fintech Figopara taps Provenir to automate risk decisioning

Cuneyt Aydemir, risk management director at Figopara, says that the company recognises that an “evolving financial risk landscape demands a more refined, real-time, and predictive risk assessment model”.

Visa Launches Payment Instalment Solution to Support GCC Businesses

Visa explained that the solution aims to offer eligible Visa credit cardholders flexible payment options, enabling them to effectively manage their budgets and make larger purchases more affordable.

Saudi Arabia’s IT sector set to reach $27bln by 2025

The software market is forecast to see a CAGR of up to 11%, says CST

UAE apex bank unit launches instant digital payments platform

Aani signals a new era of seamless, secure, and instant digital payments

Hub71 revamps incentive programme, strengthens support for startups in Abu Dhabi

Startups can receive Dhs250,000 worth of in-kind incentives and an initial Dhs250,000 cash incentive for equity, with certain startups eligible to receive a top-up of up to Dhs250,000

Bahrain‘set to become top hub for all things fintech’

Experts participating in Fintech Forward 2023 (FF23) at Exhibition World Bahrain were unanimous that the kingdom’s forward-looking outlook for up-and-coming technologies in fintech, open banking, cryptocurrencies, and a readiness

Abu Dhabi flying taxis to take off in 2026

Flying taxis will begin operations in Abu Dhabi in 2026 as Smart and Autonomous Vehicle Industry (SAVI) Cluster takes shape

AI dominates at GITEX, as tech show opens in Dubai with future focused innovations

Need for companies to be more cyber fit in the age of AI is also in focus at this year’s event

AI dominates at GITEX, as tech show opens in Dubai with future focused innovations

AI’s influence in the wake of this fourth industrial revolution cannot be overlooked, with a recent PwC report forecasting its potential impact in the Middle East to reach $320 billion by 2030.

Gitex 2023: UAE businesses aim to get AI-enabled fast and at reasonable cost

At Gitex Dubai, AI dominates as tech industry eyes opportunities – and challenges

AI could automate everyday tasks in the next 18 months: PwC Middle East

Anderson commended the UAE's role in the global AI landscape

Insight: Using generative AI to accelerate digital transformation safely

From refining customer service experiences to igniting groundbreaking advancements in healthcare, generative AI heralds an era of extraordinary innovation

Qatar strategically positioning itself as leading fintech hub in Middle East : PwC

Leading banks have integrated ESG factors into their strategies and reporting, aligning with global frameworks and supporting green financing and social inclusion.

UAE's tech, electronics suppliers need to relook their VAT processing on B2B deals after Oct. 30

On their B2B deals, 'reverse charge mechanism' comes into play Oct. 30

Revolutionising banking: The role of AI in shaping the future

Generative AI can help banks design new products and services

Implementing Saudi Arabia's personal data protection law

The Implementing Regulations and the Personal Data Transfer Regulations both expand on the general principles

Mastercard joins with Rochester Institute of Technology in Dubai to foster nex-gen AI talent

This partnership will empower the next generation of RIT graduates to become leaders in AI and advance both parties’ strategic alliances in the region.

UAE's crypto transactions hit nearly $35bn amid rising regulatory clarity

While this represents a 17 per cent drop compared with the previous year, the UAE's crypto market fared much better than many other countries in the region

FinTech