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

Dukhan Bank launches AI-powered virtual assistant

Virtual assistants are playing an increasingly important part in our daily lives

Finalists shortlisted for ADIB's Ethical Finance Innovation Challenge and Awards

The finalists were selected from more than 200 applications, from all over the world, for the EFICA award which recognises companies and individuals that successfully develop ground-breaking solutions for the Islamic finance industry

Saudi FinTech, InsurTech Rasan Secures $24M

The investment will enable Rasan to build and scale multi-sided platforms and expand into new geographical regions.

UAE-based fintech Verity raises $800k to launch family financial app

The Verity app, which is set to launch in the UAE before the end of the 2021, enables youngsters to build core money management skills such as how to earn, save, give, and spend responsibly in a safe and secure environment.

First Abu Dhabi Bank teams with Ascenda

The collaboration equips the new cards with an unparalleled loyalty programme powered by Ascenda, tailored specifically to driving spend and engaging affluent customers.

Why the Blockchain Market is Booming in the Gulf

In June 2020, Saudi Arabia’s central bank, the Saudi Arabian Monetary Authority (SAMA), became one of the first central banks in the region to use blockchain technology to facilitate money transfers.

QIIB launches QMP eWallet

"The Bank will continue to offer the best technology solutions to its customers and will dedicate more efforts to completing its digital transformation plans, in which it has already made great strides."

ADGM-licensed digital wealth manager unveils investments for retail clients

FinTech offers 10 diversified investment portfolios for clients who invest a minimum of $2,000

Volante Technologies Wins "Best Cloud Services Provider" at MEA Finance Awards 2021

It is Volante's second award win in the Middle East this year.

Mashreq Bank automates bancassurance operations

ASSURE Banca Platform will improve operational efficiencies, deliver convenience, and improve personalization to Mashreq's bancassurance customers

CBUAE issues communiqué on joint "mBridge" project with partners from BIS

The project has now identified and will start to put through, business test cases based on historical transactions to test the recently-developed mBridge Trial Platform

BitOasis launches zero-fee local funding option for UAE-based customers

“We are constantly looking for new ways to simplify buying and selling of crypto assets for our customers, by becoming the first crypto asset exchange in the UAE to set up local funding options," Ola Doudin, CEO and co-founder of BitOasis said.

UBS Plans Israel-Based Cyber Center

The Israeli army maintains its own cyber specialists, which has helped the country to become a world-leading hub in the domaine.

QIB Introduces new features to its first of a kind AI virtual assistant "Zaki"

Taking conversational banking to the next level

Emirates NBD partners with ADGM

Bank supports event as 'Corporate Champion'

Commercial Bank brings Apple Pay to customers

Security and privacy are at the core of Apple Pay. When customers use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers.

SABB goes live with instant USD payments for corporates using Ripple

SABB is privileged not only to be the first Saudi Bank to join RippleNet, but to be the first bank in the region to offer near real-time USD settlement for its corporate clients.

Tokenization Of Real Estate Assets: Explained

Tokens can represent real estate related ownership in several ways due to their enhanced flexibility in use.

NBO launches new Merchant App

An easy solution for businesses moving away from cash, the app allows merchants to receive payments simply by scanning a QR Code

Innovation in Retail Banking to Prepare for a Post-COVID World

As per the Innovation in Retail Banking report produced by Efma and Infosys in November 2020, when respondents were asked about the progress of digital transformation efforts.