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

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.

Businesses in UAE and Saudi Arabia demonstrate high data confidence

A Forrester Consulting study commissioned on behalf of Dell Technologies uncovers what's preventing businesses from turning data into actionable insights to better prepare themselves for the data era

UAE is a leader in digital transformation; skills and infrastructure are key success factors

During the second edition of the NexTech technology dialogue series organised by Sahab Smart Solutions

Refinitiv awarded Best Islamic Data Provider 2021 by The Asset

The awards recognize the best Islamic banks and houses, as well as the deals that defined the industry during the review period.

UAE’s National Bank of Fujairah launches electronic trading platform

The new platform is available for both conventional and Shariah-compliant banking customers

Egypt to sell minority stake in state payments firm

The government announced in 2018 it intended to sell minority stakes in nearly two dozen companies

Czech Republic hopes to establish ‘strategic partnership’ with Saudi Arabia

Jakub Kulhanek says his country and Saudi Arabia have much to offer each other in a number of fields