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

Egypt eyes surge in fintech investment

MNT is marrying its large base of unbanked users with electronic technology, hoping to place itself at the forefront of a digital transformation.

Future of Saudi banking demands digital maverickism

The Covid-19 pandemic has been a game-changer accelerant for the mindset shift around speed and urgency as organizations work to achieve the digital transformation which could work for the next 10 years.

NCBA Bank: Investing in Technology to Offer Inclusive Financial Services

Ensuring stable systems running is the underlying private cloud platform and distributed financial service system.

Riyadh fintech Tweeq raises ‘seven-figure’ investment from by STV, Raed Ventures

New funds comes just after Tweeq’s exclusive partnerships with Mastercard and Paymentology

Bahrain based Fintech wins RegTech Innovation Challenge

The Bahrain SuperNova Challenge was launched by the Central Bank of Bahrain (CBB) with the aim to further Bahrain's FinTech industry's development.

Leveraging Open APIs to build your digital ecosystem

There are mutual advantages of adopting an open API architecture

The Bears Are Back, but Ripple’s Comeback Could Be Powerful

The outlook should brighten as Ripple enables real-time payments across multiple geographies

Kuwait Finance House Bahrain Announce Partnership to Enhance Compliance Operations

KFH’s new regulatory reporting capabilities are enabled by Digibanc RegReporting

Finastra showcases Open Banking innovations during DIFC Innovation Month

Company highlights FusionFabric.cloud, its powerful open development platform in Dubai

Dubai Future Foundation launch report on cyber risk scenarios in banking and finance

As a part of 'the digitisation of critical infrastructure' series in partnership with Dubai Police

Mashreq Bank deploys digital payments platform at SEWA to support digital transformation

Mashreq implements automation of customer deposit refunds for Sharjah Electricity Water and Gas Authority

QIB launches new generation of its top and most rated mobile banking app in Qatar

The new App is offering a new leading-edge user experience, marking a significant shift in the bank's customer-centric approach

UAE announces first quantum computer to defend against cyberattacks

The UAE is also developing the first PQC software library to safeguard confidential data

Two new digital banks close to obtaining a license in Saudi Arabia

MIS would contribute SR25 million ($6.66 million) to the bank’s capital, and its establishment would be subject to the approval of authorities, the company said in a filing on Tadawul.

Cedar Rose launches fully automated solution to digitize the onboarding process of customers for companies

With the option to work with Batch files or Cedar Rose's powerful Application Programming Interface (API), the system can be fully customized to every company's needs and existing compliance process

NBK officially launches the new MX.3 Solution

Zakhour: The new platform contributes to developing NBK's digital infrastructure and helps provide leading competitive treasury solutions, regionally and globally

Bank regulators plan capital rule for bitcoin

Major economies including China and the US have signalled in recent weeks a tougher approach, while developing plans to develop their own central bank digital currencies.

Microsoft and PwC global digital alliance lands in Qatar

Azure is the second largest cloud service provider in the world according to Statista – occupying 20% of the cloud market share.

Gulf-based Opontia raises $20mln to fund acquisitions, recruitment

Investors in the seed-funding round included Raed Ventures, Global Founders Capital, Presight Capital and Kingsway Capital

Emirati-founded tech start-up Boksha raises $1mln seed fund

Platform is the largest online marketplace for independent fashion designers in the region offering Khaleeji themes