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

StashAway announces Assets under Management of US$1billion

In 2020 alone, the portfolio returns ranged from 24.1% to 5.2% for those same portfolios, and consistently outperform their same-risk benchmarks.

Central Bank of Bahrain licences Sharia-compliant cryptocurrency exchange CoinMENA

At launch, CoinMENA’s platform will be available to residents of Bahrain, the UAE, Saudi Arabia, Kuwait and Oman

Codebase Technologies and BankBI help banks leverage real-time financial performance data

Most banks and financial institutions struggle to balance ever-growing data demands across their value chains with the capabilities of their technology infrastructure

Fintech reshapes U.A.E's financial industry

Most of the ventures in the region are moved to improve the fintech sector.

New fintech firm launches Dubai banking services targeting SMEs

SH Capital to also offer asset management, FX hedging solutions, investment options

Egypt aims to achieve comprehensive digital transformation of all non-banking financial activities: FRA

This came during the press conference held today via video conference technology to announce the results of non-banking financial activities in 2020.

QNB launches innovative platform of its mobile banking app

This service is the most innovative service of its kind in Qatar, which aims to keep pace with the current development in banking digitisation and works to change the future of payments’ environment.

Investcorp to buy US-based e-commerce solutions provider Unilog

Investment to support platform innovation and customer acquisition

Cryptocurrency, Blockchain and Digital Transformation in the Middle East and Africa

As in much of the world, only a few such projects in the Gulf have entered the experimentation and testing phase due to the newness of the technology and the fundamental changes it promises to bring.

Fintech investments 'set to grow in 2021'

Digital technology changed this, focusing on convenience, increasing competition and making the mobile customer experience the key differentiator.

Bahrain in top 50 for online business setup

Best Accounting Software’s researchers looked at 20 different categories across 99 countries.

Saudi Arabia’s Open Banking Plan Aims To Advance Digital Innovation

Open banking is anticipated to increase competition in the country by lowering the barriers to entry for new participants.

Buy in Bitcoin and cash out is trending with Dubai property

With Bitcoin prices in record territory, expect more property deal flows

Why banks must accelerate digitisation

In order to survive, it’s vital that financial institutions transform and adapt

Bahrain, Israel Sign FinTech Cooperation Agreement

BFB has strategically partnered with over 20 global scaleups looking to expand regionally via its unique venture acceleration platform.

Dubai's Shuaa Capital-led consortium buys $308mln debt of Stanford Marine

Diversified offshore services company, SMG, focuses on chartering, building and repairing offshore support vessels

UAE and Britain powering ahead to green energy targets

Chief among its collaborators is the UK, which has a long history of greentech expertise and implementation.

Emirates NBD introduces contactless identity verification

Solution built as part of fintech collaboration with VisionLabs and Smart Engines

QNB launches Fitbit Pay and Garmin Pay in Qatar

Fitbit Pay is currently available on Fitbit Versa family of smartwatches, Fitbit Ionic, Fitbit Charge 4 and Fitbit Charge 3 Special Edition.

Digital transformation: What are the key challenges that regional banks continue to face?

Digitisation is underway and accelerating in the Middle East – but what are the key technologies being deployed?