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

Ras Al Khaimah Transport Authority wins Middle East Technology Excellence Awards 2024

It has launched several initiatives to impact the transportation industry with technological capabilities, ensuring organisational success.

CGC launches a platform for information exchange with banks

Provides real-time portfolio analysis services

Qatar leading the way in AI driven revolution in construction

These innovations aim to provide users with sophisticated tools, similar to ChatGPT, to assist in journey planning and decision-making.

UAE takes the lead in AI as international markets face talent race to meet global demand

The Future AI Economy will take centre stage at GITEX GLOBAL 2024, the world's largest tech and startup event, taking place from 14-18 October in Dubai

Ooredoo Qatar enters multi-year partnership with Oracle to drive digital transformation

This integration not only streamlines operations but also provides deeper insights into core service processes, setting a new standard for operational efficiency and customer experience.

How the Middle East is redefining sustainable wealth management

Automated processes in wealth management are proving to be a double boon

Settle Payments secures $2mln pre-seed funding led by Shorooq Partners to overhaul B2B payments in Egypt

SETTLE’s services will automate critical financial operations and offer companies across Egypt and other areas real-time cash flow management for better decision-making

Mastercard and First Abu Dhabi Bank: Harnessing the power of partnerships to drive payment innovation across the region

A case in point is the long-standing collaboration between Mastercard, a global technology company in the payments industry, and First Abu Dhabi Bank (FAB), the largest bank in the UAE.

Beyon Money wins ‘Best Mobile Payments App’ Award at MEA Finance Awards

This is a proud moment for us and is a result of the commitment of all Beyon Money’s team members in Bahrain and in UAE, as well as our customers’ trust and loyalty to Beyon Money’s products

Paymob secures $22m extension to Series B funding, raises $72m in total

The additional funding will further boost Paymob’s efforts to expand its regional footprint and reinforce its position as a leading payments provider in the region

EBRD promotes digital transition in Egypt

The Bank’s investment will support Paymob’s product development

Vision Bank launches digital banking app in Saudi Arabia

Our vision to transform banking with unprecedented simplicity

KPMG bring its global ServiceNow alliance to Bahrain

This alliance underscores our commitment to helping businesses in Bahrain achieve digital excellence.”

Abu Dhabi fintech FlapKap secures $34M in debt and equity funding

Abu Dhabi-based FlapKap, a leading fintech platform providing revenue-based and embedded financing solutions in the MENA region, today announced the completion of $34M in new debt and equity funding.

Grath expands operations to the Middle East

The new office at DIFC will serve as a central hub for Grath’s operations in the Middle East

Ziina banks $22M as growth explodes for the UAE-based fintech for small businesses

Co-founder and CEO Faisal Toukan told TechCrunch that three factors made Ziina particularly exciting to investors.

Mozn: Pioneering AI solutions in fintech, fraud prevention, and compliance

Mozn is making waves in the global fintech landscape with its cutting-edge platform, FOCAL as the company showcases its latest innovations at the 24 Fintech event in Riyadh

Oman figures high in list of world’s cybersecurity-advanced countries

The report showed that Oman obtained the full number of points dedicated to the “international cooperation and institutional organization standard

Tarabut Acquires UK Payments Platform Vyne Ahead of New MENA Regulatory Requirements

The deal closed officially on August 1st, positioning Tarabut to lead the way as new regulations for Payment Initiation Services in Saudi Arabia and Open Finance in the UAE come into effect.

BNPL fintech Tabby buys Saudi digital wallet start-up Tweeq

Following the acquisition, the start-up will continue to operate as an independent entity.

FinTech