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

Alinma Bank signs with IBM for hybrid cloud and AI integration

IBM and Alinma Bank announce that Alinma Bank, a leading financial institution in Saudi Arabia, has adopted IBM’s advanced hybrid cloud and AI integration technologies.

DGHR signs MoU with Digital Dubai Authority to enhance joint cooperation

In advancing digital transformation goals across government entities

KPMG expands PREVA accounting service into Saudi Arabia, Jordan and Lebanon

PREVA is designed to bridge this gap, providing CEOs, founders and leadership teams with an accounting foundation.

Saudi BNPL fintech Tabby raises $160m Series E, IPO plans reportedly underway

Wellington Management previously spearheaded Tabby’s $200 million Series D in 2023, which saw the company achieve unicorn status with a valuation of $1.5 billion.

Saudi fintech firm RasMal nets $4.8m pre-series A

The funding will enhance automation in equity transfers and fundraisng, aligning with Saudi Vision 2030’s goal of developing a tech-driven financial ecosystem.

Why is Top Fintech Talent Considering Moving to the Middle East?

At that time, the venture capital (VC) scene in the region remained very small.

Google Cloud and Accenture launch Generative AI Center of Excellence in Saudi Arabia

Now, Saudi Arabia has been unveiled as the next location (and first in the Middle East), with the initiative set to provide a major boost to the Kingdom’s generative AI scene.

Al Rayan Bank selects Finastra to upgrade its core banking solution for enhanced Islamic finance services in Qatar

The bank will upgrade to Finastra’s next-generation core banking solution as part of its technology transformation journey

Qatar continues to position as global leader in balancing tech innovation

Many companies are investing in data privacy and protection initiatives, technologies, audits and trainings as a core tenet of their operations.

Stc Group advances global digital transformation across industries as a strategic partner at LEAP 2025

Stc Group is a strategic partner of LEAP 2025, taking place February 9-12 at the Riyadh Exhibition and Convention Center.

Kingston Technology reaffirms excellence with “Built on Commitment” philosophy

At the heart of Kingston’s philosophy lies a steadfast promise to deliver high-quality products tailored to meet the evolving demands of businesses, creators and enthusiasts around the world

BKN301 Names Qatar as MENA Hub in Digital Banking Push

The move aligns with local fintech initiatives, targeting a projected 2.87 million digital payment users by 2028.

GBS signals transformation with brand identity refresh

New logo expresses strengthened commitment to greater innovation, growth, and alignment with Saudi Vision 2030

A strong CIO and CFO tandem can drive digital transformation in banking

It is an environment filled with opportunity, but only if banks and other financial institutions are set up to capitalize

Dubai’s Fintech Galaxy to test open banking in Jordan

The Jordan foray will provide open banking services to consumers

Abu Dhabi GM unveils its ‘all-in-one’ mobile app

The app includes real-time updates on regulatory developments, commercial licence renewals plus professional networking

The digital core as the foundation for AI-driven transformation

Part of that is because unlocking this value requires a full reimagining and continuous reinventing of functions

Praxis collaborates with Allvue Systems to deliver customer-centric innovation in international fund administration

Praxis provides fund administration services to institutional, private equity, venture capital, family offices, and private clients.

Paymob lands Retail Payment Services licence to further UAE expansion

The licence enables Paymob to provide merchants in the UAE with its full omni-channel payment suite

QIC introduces new features on its award-winning mobile App

The new features include car rental, repairs and detailing, car wash services and much more

FinTech