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

Expanding African footprint is still part of our strategy, says CEO of CIB

A conversation with Hussein Abaza

Binance in Talks for Middle East HQ

Recent hires include Mark McGinness and Matt Gamble, formerly from the Dubai Financial Services Authority and ADGM, respectively.

Israel’s First Digital Bank raises USD 120 million from global investors

First Digital Bank is now valued at USD 320 million.

Digital wealth manager launches Smartfolio products linked to MENA Venture Capital Funds

Disruptive "FinaMaze Top VC Booster" to allow individual qualified investors to invest in Smartfolios with exposure to MENA top VC funds and to the most promising MENA startups, starting from $ 10,000

Crypto exchange Binance hopes to have Dubai HQ

"The government there has the advantage that it is progressing tremendously, and it represents a very good business environment,” Zhao said.

Boubyan Bank inks pact with DIFC to launch accelerator

“We are beyond pleased with this partnership with one of the most important regional institutions that supports and nurtures emerging technology startups, which have been witnessing rapid growth in recent years."

Commercial Bank of Dubai becomes the first bank to establish a Digital Lab at the DIFC Innovation Hub

During the inauguration, the guests took a tour of the lab and learnt more about how CBD’s Digital Lab backs the ambitions of the UAE’s digital and FinTech ecosystem.

QNB launches WeChat Pay to retailers in Qatar

The new partnership enables QNB’s merchant network in Qatar to cater to the Chinese customers by giving them the opportunity to make use of WeChat Pay as a safe and secure payment option and to go cashless.

Binance planning to tie up with Dubai for crypto activities – report

Dubai is reportedly being regarded as an option for the company’s global headquarters

i2c Partners with Ooredoo to Launch Digital-First Payment Initiatives in Qatar

Global technology leaders partner to accelerate digital payments adoption by launching a suite of modern prepaid and contactless payments products

Abu Dhabi State Fund Bullish on Crypto Infrastructure

Mubadala currently has $243 billion in assets.

Arab Bank announces winners of first fintech bootcamp in egypt

Targeting early stage Egyptian startups, the bootcamp offers promising entrepreneurs the opportunity to present their solutions to ‘AB Accelerator’, the Arab Bank’s innovation hub.

QNB awarded Best Regional Foreign Exchange Provider in Middle East

QNB Group, currently ranked as the most valuable bank brand in the Middle East and Africa, is proud to be the Official Middle East and Africa Supporter of the FIFA World Cup 2022.

ADIB's Amwali Youth Bank elevates customers' experiences with chat banking services

Amwali youth banking is gaining traction among young Emiratis with 67% of customers are UAE nationals between the age of 12-16

Medallia names New Metrics a consulting partner for Saudi market

Founded in 2002 in the United States, Medallia is a provider of a SaaS platform that helps organisations with optimising and digitising their customer and employee experience workflows.

CBE signs protocol to link ‘Nafeza’ customs platform with banking system

This makes the import process rather speedy, eventually raising the country's index in foreign trade operations.

TG and Zain Bahrain launch MENA’s first Telco Open Banking Payments

Zain Bahrain, a telecommunications industry innovator across MENA has become the first telecommunication provider to embrace Open Banking payments, thus solidifying their position as one of the leading telecom providers in the region.

Batelco reveals 'BEYON Money' the company's new financial services brand

BEYON Money the first digital financial super app in the Kingdom of Bahrain

I2c teams with BEYON Money, in mobile payments

Through i2c’s Fintech Fast Track certification, BEYON Money will tap into Visa’s network infrastructure to roll out a digital-focused debit program with a physical card option available upon request.

NBK officially launches Swift payment controls

The latest smart solution that helps in mitigating fraudulent attacks, stopping high-risk payments in addition to enhancing security level