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

ADX signs agreement with Nasdaq on the path to launch derivatives marke

ADX plans to launch single stock futures and index futures in the fourth quarter of this year before expanding to a wider range of derivative products

Finnovex ME Summit 2021 to focus on banking innovation and transformation

The platform will bring together top professionals and C-level executives from the industry to examine how technology is reimagining Banking innovation for 2021 and beyond

Digital shift ‘is taking growth to new levels’

Changes are creating tremendous growth opportunities for the GCC economies

Saudi sensitive data protected thanks to new IBM Cloud Satellite deal

Last month, IBM released an analysis claiming the Middle East region has the second highest average breach cost amongst the 17 regions surveyed for the study.

Matrix launches first Abu Dhabi-regulated virtual assets trading platform

In 2018, the UAE launched the Emirates Blockchain Strategy, which aims to transform 50 per cent of government transactions into the blockchain platform by the end of 2021.

Fintech to transform digital banking in Qatar

The day-long virtual expo and summit presented product showcases, exhibitor virtual booths, panel discussions, and live webinars and forum discussions on Fintech.

As Artificial Intelligence becomes more mainstream, ESG considerations are a key part of ensuring responsible adoption

Broad applicability of AI across society must be handled carefully and professional accountants have a key role to play

Navigating the Post Pandemic World, One Trend at a Time

According to Objectway’s research Setting the Digital Agenda for the Next Normal, the wealth industry is currently fast-tracking digital development to improve internal performance and maximise client experience.

The future of payments in the Middle East

As cash transactions give way to digital, what changes can the region’s banks and payments providers expect to see in the next few years?

ADIB launches Amwali, the world’s first Islamic Digital Bank targeting GenZ

Account-opening can be done easily and effortlessly.

Saudi information technology sector will hit $27bln by 2025

IoT market size is expected to grow at a compound annual rate of 26%

85% of UAE consumers open to artificial intelligence being used to enhance video call experiences

With 56% of people in the UAE now spending 'significantly more time' on video calls, many see AI as a means to better engage with others, and multitask more surreptitiously

Saudi will see more fintech unicorns 'soon,' head of Kingdom's top fintech body says

Digital currencies in Saudi have not been formally adopted, Almulaik said, but the Kingdom is seeing the use of e-wallets

Banking & Wealth Management: How to Win the Best of Both Worlds

This requires a culture of proactive change that is typical of a technology-forward institution.

TigerWit opens Dubai office to provide in-person access to financial services

The move to expand their services further in the region comes as they received their licence to serve and cater for individuals and entities looking to add exposure to global markets

Arab Bank launches its FinTech accelerating program in Egypt

Arab Bank is one of the leading financial institutions in the region to deploy state-of-the-art technological solutions for financial and banking services

Accenture and Google launch their cloud data offering in Middle East

Accenture and Google are now expanding the offerings of the AGBG practice with a new proposition specifically geared at data science, including advanced techniques such as artificial intelligence, machine learning and even deep learning.

HSBC launches mobile payments for customers and merchants

The new mobile payments and collections services provide a more convenient and secure way to pay bills, transfer money from person to person, and purchase goods from registered merchants.

AI is an accelerator of change in the UAE

In the UAE, the public and private sectors at various levels have used the technology to ensure minimal disruption due to the pandemic.

European Fintech Solutions Provider finleap Partners Bahrain’s Telecom Firm Batelco to Support Open Banking

Batelco Financial Services will also be providing digital financial services and open banking in the MENA region.