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

What can Mena learn from the African experience in fintech?

With game changing digital innovations entering the fray in recent years, it has become possible for such nations to leapfrog several generations in technology.

Why fintech is on the brink of rapid expansion in the GCC

The GCC is catching up with developed markets in terms of financial inclusion

Will P2P lenders ever soar in the stock market?

With two Israeli peer-to-peer lenders readying for life in the public markets, investors are wondering if long term these fintech companies can live up to their racy private market valuations, writes Yonatan Brand.

Commercial Bank handles over 2 million contactless taps a month

Though Commercial Bank has always strived to stay ahead of the curve in digital innovation, COVID-19 has accelerated its momentum and has changed the scope of how people bank and use digital services.

$9bn by 2024

Yousuf Mohamed Al Jaida, Chief Executive Officer, Qatar Financial Centre, said: “The outbreak of the COVID-19 pandemic created new opportunities for financial innovation, which has attracted an influx of tech and FinTech companies seeking to set up

Embracing emerging technologies for Oman's digital future

By 2030, human-machine partnerships will become deeper and more immersive than ever before.

Silicon Valley venture capital giant 500 Startups launches new fund in Saudi Arabia

Aligns with Sanabil Investments to launch fund and support up to 100 regional startups

Ecommerce's growth potential cannot fall victim to cyber crimes

Customers cannot afford to lose sight of gaps that hackers are exploiting

SEPA Cyber Technologies steps into the Turkish market

We see Turkey as an innovative and fast-growing Sunday.

Fintech startup Personetics lands $75M to make banking more personal

Israeli startup Personetics looks to actualize its goal of "Self-Driving Finance", automating personalized banking services and tools for hundreds of millions of customers worldwide...

Commercial Bank launches Tap N’ Earn campaign

To seize the opportunity, customers have to use their Android mobile phones, log in to CBQ Mobile App, select CB Pay under Card services, and digitize their CB Credit or Debit Card.

Bahrain's Bank ABC focuses on fees, eyes new markets for digital bank

ABC made a loss attributable to the parent company of $56 million for the nine months to Sept. 30, 2020, versus a profit of $161 million in the prior-year period.

Bitcoin tops $50,000 as it wins more mainstream acceptance

Latest landmark of asset up around 70% YTD

Qatar fintechs offer innovative solutions to customers

Cwallet officially went live in June 2020 and is now valued at more than $2mn, and has softly secured $200,000 of pre-seed round from an angel investor, as well as the original founders of Cwallet.

JustUs to open digital gateway for Middle East investors

To enable this digital investment, storage and global exchange of capital, the tech team at JustUs in November 2019 engineered a ground-breaking asset backed digital currency named BiPS, with assets supporting the currency held in a not-for-profit BiPS Fo

FinTech