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

Saudi Arabia strengthens cybersecurity leadership at Black Hat MENA

The conference included a series of technical sessions and workshops centered on the role of cybersecurity in safeguarding emerging technologies.

Geidea to launch its SoftPos service in Egypt

This technology enables merchants to accept payments via smartphones, eliminating the need for traditional point-of-sale devices.

Qatar Development Bank invests in Islamic FinTech Wahed

Wahed, a global Islamic FinTech company, received a strategic investment from Qatar Development Bank.

UAE's Emirates NBD, Mashreq invest in LoanBook owner NewBridge Fintech Solutions

For Emirates NBD, Mashreq, this adds to their growing presence in the fintech space

Egypt wins first place in Arab FinTech Challenge in Dubai for the 2nd consecutive year

The win highlights the CBE’s ongoing dedication to nurturing and supporting young FinTech talent through the 'FinYology' initiative

BAB's Digital Transformation Awards winners to be announced on International Day of Banks

BAB selected the "International Day of Banks" to announce the award results, recognising the significance of this global occasion.

Emirates NBD partners with McKinsey to drive AI and advanced analytics

The collaboration between the two companies began in 2021

Kuwait’s e-commerce set to reach KD 1.61 billion in 2024

He added smartphones are within the reach of all residents of the country, regardless of their income and standard of living.

Visa launches flexible payments feature in US, UAE

The "flexible credential" feature lets customers use a single card to pay from different funding sources

Egypt showcases cutting-edge electronics innovation

At Electronica 2024 in Germany

Doha Bank enhances banking experience for DPay customers with new mobile banking app features

Doha Bank is at the forefront of Qatar’s financial services by investing in digital innovations that enhance the customer experience through advanced banking tools.

Digital wealth management: From exclusive to inclusive

To seize the opportunity that digital wealth management presents, banks should first look for an engagement banking platform that can be layered on top of existing investments

Salt Edge Partners With Spire to Help Bahraini Banks Extend Open Banking to Corporate Accounts

The latest amendments plan to bring legal entities in line with the existing open banking framework.

Grant Thornton partners with Australian IT company Oreta in UAE market

The partnership will see Grant Thornton deepen its offerings in cloud and cybersecurity, combining its business advisory and digital consulting capabilities with Oreta’s tech knowhow and solutions.

Jeel and audax partner to launch BaaS, Open Banking solutions in Saudi Arabia

In the shorter term, institutions in Saudi Arabia will benefit from rapid migration from legacy systems, unlocking new digital capabilities and flexible business models.

QCB grants sandbox entry approval to Ajyal FinTech Solutions

It is important to note that entry into the regulatory sandbox does not equate to full-scale licensing approval

Transforming Wealth Management with Innovation: Insights from Avaloq’s Pascal Wengi

A significant trend, according to Pascal, is the cross-border expansion of wealth services.

Leonteq launches Shari'a-compliant offering on LYNQS

Leonteq’s platform allows investors to benefit from a short time-to-market and access to a large array of asset classes

Singapore Gulf Bank launches corporate banking services for global digital economy

Global clients can onboard through SGB’s remote digital on-boarding solutions. SGB will extend its digital banking services to individual clients by the end of the year.

OCT announces exclusive Joint Development Agreement with ex-Google AI experts, Hypatia AI

To develop an AI-enabled asset to scale its drug discovery pipeline