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

FinTech Pyypl raises $11m in early-stage funding to expand in GCC and Africa

ADGM-licensed start-up offers digital payment solutions for one billion smartphone users in MEA who are financially underserved

QDB launches second phase of digital platform 'NUMU'

The platform also contains an instant control panel that allows the client to follow up on facility approvals and modifications, in addition to immediate renewal options and workflow notifications.

Mastercard and Egyptian fintech Kashat sign five-year deal

Kashat launched in early 2020, capitalizing on the significant potential for growth in Egypt’s fintech and digital space.

Abu Dhabi crypto firm Hayvn in talks for series B funding, eyes IPO

Gulf funds scoped for asset management, equity investments

Digital innovations shaping the future banking landscape in MENA region

As a result, the MENA banking sector is also undergoing profound changes, giving regional banks the opportunity to rethink their existing business models and take a giant leap into the future

Accenture to Develop UAE National Instant Payment Platform

The new platform lays the groundwork for transforming the financial services ecosystem in the UAE.

First Saudi data center fund to launch thanks to Saudi Fransi Capital, MIS collaboration

Saudi Data Center Fund 1, with the aim of constructing six hyperscale data centers

Saudi announces new program for digital content creation

The latest round of announcements was made on day two of LEAP22, the global technology platform taking place in Riyadh.

First Abu Dhabi Bank, Mastercard introduce virtual corporate debit card

The virtual cards can be created for single- or multiple-use

Emirates NBD, Singapore’s APIX join hands to boost fintech innovation

Emirates NBD to get access to 1,000+FinTechs and their real-time APIs

Chasing sky-high valuations, Dubai bankers switch to tech sector

Amit Agarwal, who was at Goldman Sachs, joined Mideast logistics and trucking technology firm TruKKer as group chief financial officer.

Zain KSA and Al Rajhi Bank sign deal

A New Dawn for Banking Solutions Connectivity Coinciding with the Global Tech Event "LEAP"

Crypto platform Rain rakes in $100m in Series B funding

The company says the new money will be used for expansion into new countries, advancing its trading technology, and growing its team.

At Arab Health 2022, a peek at how futuristic tech is changing the face of modern healthcare

Technology and innovation were at the forefront of this event

Saudi Arabia is set to continue championing fintech VC investments, companies say

The two companies also noted that the Kingdom is well-placed to experience a higher growth of mergers and acquisitions in 2022 due to the government’s efforts to boost the private sector and battling the pandemic.

Saudi Arabia to develop cooperation in digital economy with Bahrain, Finland

They reviewed the Kingdom's digital strategy and stressed the need to strengthen

Predicted trends for the Middle East financial services sector in 2022

Global management consultancy Oliver Wyman shares its predictions on the trends that will shape the financial sector in the Middle East during 2022

Saxo Bank launches new Money Matters campaign across the GCC

Series aimed at rapidly growing retail sector, where Saxo Bank has recorded an increase of over 150 per cent in new investors across the region in the past two years

Accenture to develop UAE National Instant Payment Platform

In collaboration with SIA, now part of Nexi Group, and G42, Accenture will build and operate the National Instant Payment Platform over the next five years

Blockchain and Cryptocurrency Is 'Here to Stay and Impossible to Regulate at Large' — CEO of a United Arab Emirates Based Bank

Concerning the future of blockchain and cryptocurrencies, especially in the wake of increased pressure from regulators and governments around the world, Nerguizian is quoted asserting that the technology is not going away.