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

BKN301 Names Qatar as MENA Hub in Digital Banking Push

The move aligns with local fintech initiatives, targeting a projected 2.87 million digital payment users by 2028.

GBS signals transformation with brand identity refresh

New logo expresses strengthened commitment to greater innovation, growth, and alignment with Saudi Vision 2030

A strong CIO and CFO tandem can drive digital transformation in banking

It is an environment filled with opportunity, but only if banks and other financial institutions are set up to capitalize

Dubai’s Fintech Galaxy to test open banking in Jordan

The Jordan foray will provide open banking services to consumers

Abu Dhabi GM unveils its ‘all-in-one’ mobile app

The app includes real-time updates on regulatory developments, commercial licence renewals plus professional networking

The digital core as the foundation for AI-driven transformation

Part of that is because unlocking this value requires a full reimagining and continuous reinventing of functions

Praxis collaborates with Allvue Systems to deliver customer-centric innovation in international fund administration

Praxis provides fund administration services to institutional, private equity, venture capital, family offices, and private clients.

Paymob lands Retail Payment Services licence to further UAE expansion

The licence enables Paymob to provide merchants in the UAE with its full omni-channel payment suite

QIC introduces new features on its award-winning mobile App

The new features include car rental, repairs and detailing, car wash services and much more

SAMA signs agreement to bring Google Pay to KSA in 2025

The news follows SAMA’s ongoing progress with its digital financial agenda

UAE’s headline GDP growth would strengthen to 5% in 2025: Report

The estimated GDP growth is attributable to oil and non-oil sectors expanding at the same pace

Finastra Corporate Banking Forum spotlights AI, ESG, and digital transformation as key drivers of industry change

Global experts outline strategies to accelerate lending transformation, digitize trade and supply chain finance, and advance sustainability in banking

Mashreq Bank completes USD 385 million stake sale in NeoPay

The platform provides businesses with a suite of payment processing solutions, including POS terminals, ecommerce, mobile, and other non-cash payment methods.

Qatar’s tech sector to witness huge demand

With 10 years of market expertise, the official said that the company received the signal to launch its innovative services

Objectway expands into the MENA region by signing with Kuwait Financial Centre "Markaz"

Strategic collaboration leverages Objectway’s cutting-edge modular solution to enhance the client experience for Markaz customers.

Digital banking drives Saudi Arabia’s financial transformation

This development reflects SAMA’s commitment to ensuring the Saudi banking sector contributes to achieving Saudi Vision 2030 and the nation’s aspirations.

QIB introduces innovative features to its mobile apps

Enhancing convenience and accessibility for customers

Mashreq completes $385mln sale of majority stake in Neopay

As previously announced on September 13, 2024, DgPays, a leading financial infrastructure technology provider in the EMEA region

Crypto.com Forges New Partnership with Dubai Islamic Bank

The memorandum of understanding between Crypto.com and DIB focuses on several innovative financial solutions.

Kaspersky study: Companies seek specialized expertise to combat AI cyber threats

This need spans sectors from retail to critical infrastructure, emphasizing a universal demand for advanced threat protection.

FinTech