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

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.

Rent-now and pay-later startup wins KPMG's Global Tech Innovator competition

At KPMG, we are supporting tech entrepreneurs now for several years.

Newgen launches trade finance platform in the Middle East

The Middle East launch of Newgen’s trade finance platform follows a strong year of growth for the company

Digitising, diversifying and transforming multiple industries

Technology is giving consumers more choice, more personalized offers, and seamless interaction.

Nadeem Ladki appointed Global Head of Bitpanda Technology Solutions to drive Bitpanda’s B2B business

Nadeem will spearhead Bitpanda's global B2B business activities within Bitpanda Technology Solutions, working closely with leadership to continue expanding its reach

Weyay Bank launches saving pot pro with up to 1% annual rate and flexibility at its best

The more money they keep in their Pro Pots, and the longer it stays there, the more interest they get over time

Opening a youth account at BankDhofar is simple, convenient and suited to your lifestyle

Additionally, banks offer accounts that enable young people to manage their money efficiently, guiding them toward sound financial planning

BKN301 Group responds to growing demand for secure payment solutions with new strategic vision

Aiming for a digital future

UAE’s RAKBANK teams up with Bitpanda on digital asset platform for residents

The new digital asset management platform still requires the approval of the Central Bank of the United Arab Emirates.

Riyadh-based FinTech platform Tweeq raises a seven-figure investment round, co-led by STV and Raed Ventures

The funding round follows on the heels of the company’s exclusive partnership with Mastercard and Paymentology

Arab Financial Services introduces Samsung Pay to Oman

Arab Financial Services, in partnership with Samsung Gulf Electronics, has introduced Samsung Pay to Oman, marking a significant milestone in the Sultanate's digital transformation journey.

National Bank of Fujairah digitises corporate banking operations with iGTB’s eMACH.ai

Launched last year, the platform enables financial institutions to create and deploy their own custom products using AI technology.

Sav secures Dubai license

This endorsement empowers us to streamline and innovate, bringing all financial solutions under one roof, enhancing how users interact with their money.

85% of GCC firms rank innovation as a top priority: BCG

This strong commitment to innovation reflects the region's ambition to lead the global knowledge economy

ICAEW and UAE Banks Federation join forces to guide firms in digital currency adoption

This initiative coincides with the UAE's advanced pilot of Central Bank Digital Currencies (CBDCs)