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

Standard Chartered UAE and Visa launch multi-currency account for international payments

The account will be linked to the Visa Multi-Currency Debit Card

Road to Vision 2030: Driving connectivity, innovation and job creation through an LEO satellite industry

Moreover, the provision of global coverage and low latency broadband connectivity can overcome issues such as geographic accessibility and substantial physical infrastructure building costs.

Aarna Capital Limited, a member of DGCX, becomes the first ADGM company to be recognized as a General Clearing Member of DGCX in Abu Dhabi

Move will enable the DGCX to expand access to its services across the UAE

The National Bank of Bahrain (NBB): Taking it Smooth and Easy in Kingdom’s Digitalisation Drive

The Bank has launched its new and improved mobile app “NBB Digital Banking” for iOS /android

Ebury scales up Dubai presence with DIFC-based Mass Payments team

The volume of transactions executed by Ebury amounts to $21 billion annually.

Al Maryah Community Bank receives its final central bank approval

Bank has launched its digital banking app to open current and savings accounts

QIB's mobile app now offers Group Securities digital trading and brokerage

The Group’s trading platform is customised exclusively for the QIB mobile app users offering an improved experience and new, additional features.

KPMG Report: Banking CEOs Have Shifted Investment Focus To Customer Experience Technology And Data Security

The survey also highlighted the enduring focus on environmental factors and climate risk by linking them to trust and reputation within the financial industry.

NBB wins 'best mobile banking application' award by business tabloid

The win comes as part of NBB's efforts to enhance their digital offering in line with the Bank's ongoing transformation agenda

Enigio Blockchain document Management solution provider joins Abu Dhabi's ADGM digital lab

Enigio is offering its trace original technical solution through which a digital original document can be created, and freely transferred between parties using distributed ledger technology solely for hte purposes of validation, verification and recording

Devoteam’s Omar Al Masri becomes part of elite ServiceNow group

Devoteam’s ServiceNow work is led by certified professionals, with the Middle East practice recently adding another certification to its roster – but this time, it is one that has made the spotlights globally.

MENA’s digital economy surging ahead to $100 billion barrier

UAE and KSA are per RedSeer’s analysis the pillar of the digital economy in MENA – contributing around 70% of the total digital economy.

Deloitte, AWS and SAP launch e-commerce program for Saudi youths

The program has since its launch received massive interest from Saudi youth, with over 7.000 applications sent in.

GFH successfully closes its second technology portfolio investment in less than a year

Three companies from first Technology Portfolio had successful IPOs and now trade at more than 4x their late-stage private funding rounds

UAE to get first-of-its-kind, homegrown consumer banking marketplace powered by AI

In the Middle East and North Africa (MENA) region, factors such as changing customer preferences, high mobile penetration rates, growing competition from fintech companies are driving change.

Emirates first to launch new industry payment solution in partnership with Deutsche Bank

Emirates is the world’s first airline to launch this payment alternative powered by a white-label solution jointly developed by the International Air Transport Association (IATA) in partnership with Deutsche Bank.

Dubai cloud kitchen Kitopi raises $415mln from investors including SoftBank

The deal is the fund's first investment into a United Arab Emirates registered company

Codebase Technologies partners with Capital Bank Group to build new Regional Digital Bank

The Capital Bank Group initiative will spearhead digital transformation across the two countries, leveraging the countries' combined 88% mobile penetration rate to transform the financial ecosystem

UBL partners with Temenos and NdcTech to modernize and scale its digital banking strategy across channels

Through this agreement, the bank has embarked on a digital transformation journey across all channels

UAE-based fintech Mamo receives greenlight from Dubai International Financial Centre

At Mamo, everything we do begins with an authentic human connection.

FinTech