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

Fintech in The Middle East, Africa and South Asia With Dubai DIFC’s Raja Al Mazrouei

How has DIFC FinTech Hive grown since its launch in 2017?

Fintech Fund Launched by Banking Institutions in Egypt to Support Nationwide Digital Transformation Strategy

As mentioned in the announcement, the fund will mainly focus on supporting Fintech solutions so they can transform the MENA region country into a regional hub for the financial technology sector.

GPS opens Mena headquarters in Dubai

GPS has to-date issued over 170 million cards and last year processed more than 1.3 billion transactions through its platform - a testament to its market-leading position as a global payments processing powerhouse behind over 180 next-generation fintechs,

Digital services delivered with a human touch - that's the future of banking

In the rush to make banking all-digital, the value of hands-on support is paramount

Dubai Economy signs deal to participate in UAE KYC Blockchain Platform

Work is underway to complete the connectivity between the UBR Blockchain Platform and the KYC Blockchain Platform by Q4 2021

Digital currency bridges can speed up global trade payments: CBUAE

CBUAE’s journey to improve international payment channels began in 2019 when it completed Project Aber successfully, another CBDC proof-of-concept in partnership with the Saudi Central Bank.

Leading Qatari banks embrace digital transformation for resilience: KPMG report

This year, KPMG’s report covers the half year results snapshot based on the financial analysis of eight listed commercial banks in Qatar as at June 30, 2021

Fostering FinTech growth and innovation in the Kingdom of Bahrain

As the Gulf Cooperation Council’s (GCC) oldest and most established financial services sector, Bahrain fully appreciates the effect of enabling financial innovation while also offering a solid, proven regulatory environment.

Citibank Launches a Tech Unit in Bahrain Seeking to Expand its Digital Platform Reach

According to the partnership, Citibank will employ 100 individuals over the next decade all of them will be performing coding related operations.

Bank ABC goes live with Fenergo

Fenergo’s CLM solution has enabled the bank to digitalise and accelerate onboarding for corporate and financial institution clients, bolster operational efficiency, and enhance overall client experience.

Citi Launches Global Technology Hub in Bahrain in Cooperation with Tamkeen, EDB

Citi has inaugurated a global technology hub at its premises in Bahrain.

Abu Dhabi bank to launch UAE's first virtual Buy Now Pay Later prepaid card

Abu Dhabi Islamic Bank has partnered with Spotii to allow customers to spread out the cost of their purchases

Digital transformation: National Bank of Fujairah’s new pathways to banking

The bank’s technological overhaul, which is part of a digital strategy dating back to 2015, has already resulted in lower transaction costs, improved operational efficiency through automation and optimisation, and a substantial increase in online ba

M2P Solutions and Buckzy Payments partner to enable cross border payments

The collaboration will serve as a crucial catalyst for banks, exchange houses and Money Transfer Operators (MTOs) to offer better services across underserved corridors for payments.

How technology is helping to bring investing to the masses

From robo-advisers to trading apps, there are several solutions to democratise investing

Sphera Expands Front Office with SS&C

Israel's largest hedge fund manager leverages SS&C's Eze Investment Suite

UAE Authorities Sign Deal To Support Cryptocurrency Trading

The agreement establishes a framework that allows the DWTCA to issue the necessary approvals and licenses for the conduct of financial activities relating to cryptocurrencies.

Oman sets up task force to study cryptocurrencies

CBO has not authorised any entity to date to “operate or facilitate trading in cryptocurrencies”

Deloitte launches Technology Fast 50 Program in four markets

The application process for all four Middle East countries kicked off last week, with the call for participation to close at the end of this month.

Emirates Development Bank Launches SMB Banking App

There will also be an investment arm along with business advisory services.