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

Middle East automotive sector sees blockchain first in trade finance

Conducted on the Contour platform, this is a regional first for the automotive sector and the first transaction of its kind in the Kingdom

Crypto Payment Infrastructure Firm Opennode to Test Bitcoin Payments in Bahrain

Through the CBB’s regulatory sandbox, Opennode is authorized to carry out tests of its crypto payment solution within Bahrain’s territory.

Kuwait's Boubyan Bank launches DIFC-backed start-up accelerator

Ten companies from Kuwait, UAE and Saudi Arabia will take part in the 'intensified' initiative

Emirates NBD introduces H2H digital payment solutions for ENOC Group

ENOC Group has successfully implemented fully automated payments through Emirates NBD’s Host to Host solution

IT jobs in UAE: Emirates Group to launch recruitment drive

The Group is looking to recruit more than 800 IT experts in the next few months

Cover Story: Why digital assets are key for financial sector

Digital assets can unlock opportunities with immense potential for the financial services industry, allowing fintechs to offer their clients a host of benefits

Central Bank of Egypt selects Acumen.plus

The Central Bank of Egypt in Cairo has a total of 4 branches located in 3 cities.

Central Bank of Bahrain tests bitcoin payment infrastructure

US-based OpenNode will use the Central Bank's regulatory sandbox to test its application

Jordanian FinTech liwwa bags $18.5m pre-Series B

liwwa claims it will deploy the new funds towards its growth and expansion plans going forward.

Startups Drive Payment Innovation in Jordan’s Emerging FinTech Hub

From Abu Dhabi, NymCard can now easily orchestrate its operations across the MENA region, where it is looking to remain long-term.

ADQ-backed digital bank Wio launches in UAE

Platform seeks to provide next-generation banking solutions

Boursa Kuwait data now available on “Yahoo Finance” media platform and “Apple Stocks” application

The application sources its information from “Yahoo Finance”, enabling the user to monitor the stock market and follow stocks and indices of choice.

Sohar International offers free of charge local and & international transfers through mobile banking app

The offer will run for an extended period of time until 31 December 2022

Shakeup at Egyptian startup Capiter raises questions of overvaluation

Capiter crisis not necessarily to affect the larger entrepreneurial ecosystem in Egypt

Dubai and Abu Dhabi are first cities for Metarverse Holdings’ $54.5m global launch

Dubai and Abu Dhabi’s most iconic attractions and landmarks, along with real-world utilities, will be accessible from the comfort of users’ homes.

QIB introduces new features to mobile app

Available exclusively for QIB Personal Banking customers, the new feature is part of the Bank’s ongoing efforts to provide customers with a more personalized service through the QIB Mobile App.

Palazzo Versace Dubai taps Binance to accept crypto payments

The ultra-luxury property now accepts cryptocurrency payments for stays, dining and spa experiences

Final call for techpreneurs: KPMG Kuwait set to kick-off the Global Tech Innovator competition

In a pitch-based competition, participating tech innovators and disruptors will present their ideas in front of a panel of judges, comprising industry experts and leaders from Kuwait. The Kuwait winner will qualify for the Global finale in Lisbon and win

Commercial Bank ranks at the top in 2022 Euromoney Digital Rankings

It’s noteworthy to say, as a new and integral addition to Euromoney.com, Market Leaders Rankings are the go-to destination for banks’ current and prospective clients to assess the banking market’s key players around the world.

Raqmiyat partners Codebase Technologies in UAE and KSA

In turn, customers will gain access to an extensive range of innovative banking and payment products tailored to their lifestyles.