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

Visa, FAB and DBWC launch global 'She's Next' initiative in UAE

UAE women business owners are invited to apply for one of five USD10,000 grants, and one year of coaching from IFundWomen with networking and mentoring opportunities

Qatar National Bank launches open banking platform for fintechs

“The ultimate goal of open banking is to increase efficiency, enrich functionality and put user experience to the next level.”

NBK receives “Data Transformation” award at AI and Analytics Summit in Dubai

The award reflects the bank’s successful strategy to build a digital culture with internal capabilities that are knowledgeable in AI and Data Analytics

Regulation, (Competitive) Risk and Resilience Dominate the EMEA Transformation Agenda

Another key theme for the industry over the last decade or so has been regulation.

DeFi and crypto assets adoption by family offices is expected to be the route for the institutional capital

The digital assets adoption, stock market situation, and the crypto winter are to be discussed at The Wealth Today Summit in its forthcoming edition by experts from ADGM, Kraken and TDeFi

Global fintech Ascenda announces partnership with Banque Saudi Fransi to power JANA Rewards program in the Middle East

With more than 340,000 cards in circulation, this new strategic partnership is set to disrupt the traditional cashback era in the market and deliver unparalleled consumer value and choice.

CoinMENA receives provisional licence from Dubai’s Vara

This will allow CoinMENA to continue its business operations in Dubai while it undertakes the in-depth process of applying for a licence, in accordance with Vara requirements.

Tech company Flytxt hires adviser to find new investors

Flytxt provides artificial intelligence and data analytics to companies to track and predict customer behaviour.

EFG unit acquires tech-driven Egyptian B2B platform Fatura

Fatura is a fast-growing tech-driven Business-to-Business (B2B) platform with a regional footprint of 22 governorates in Egypt

Bahrain ranks among top 10 performing MENA ecosystems in Global Startup Ecosystem Report

Ecosystem valuation jumped over 460% to reach more than half a billion US dollars in 2022

Crypto in the Middle East is gaining attention. Experts: Pancakeswap (CAKE) and Gnox Token (GNOX) are taking the world by surprise

Crypto analysts are now looking at particular projects that are gaining popularity in the region.

Digital wealth management platform StashAway marks significant breakthrough in bridging the gender investment gap

Closing the gender investing gap is one of the most impactful ways we can improve wealth equity.

Tabadul: championing digital logistics and Fintech solutions

Tabadul also contributes to the digital transformation objectives outlined by Saudi Vision 2030 by accelerating the digitalization needed for achieving business sustainability and taking proactive approaches during COVID 19

HSBC Egypt unveils $53.4m program for tech entrepreneurs

HSBC Egypt is a multinational bank providing a wide range of banking and related financial services through a network of 100 branches and 20 mini bank units in Cairo, Alexandria, Sharm El Sheikh, Hurghada, Borg El Arab, and 6th of October City.

EMEA Daily: Western Union, Mambu Partner on Digital Banking

The United Arab Emirates’ ADQ had opened a $100 million technology-focused venture capital fund with the Ministry of Digital Economy and Entrepreneurship in Jordan.

Crypto Oasis selects Roland Berger as its global strategic partner

“Regulators in the region are welcoming innovation and disruption, making it simpler for blockchain-related companies to secure licence and operate."

QCB strategy for FinTech will strengthen Qatar’s regional leadership

Qatar Central Bank is also creating the necessary infrastructure to enable banks to approve payments from digital wallets.

The Family Office winner of Best AI Use-Case Award by World AI Show and Awards

The World AI Awards recognizes the successful endeavors of innovators, entrepreneurs and solution providers in the field of AI as well as breakthroughs in implementing AI in the Middle East and North Africa

Wealthtech FinaMaze partners investment research firm Ned Davis Research

In return, FinaMaze builds the “Dynamic Ned Davis” Smartfolio following the guidelines of the research firm’s world-class service.

Saudi Arabia launches e-visa app for Umrah pilgrims

Umrah visa to be issued in 24 hours, allowing holders to stay for 3 months in Kingdom