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

Mobile banking top tech adopted by Islamic banks

The report reflects the views of more than 100 heads of Islamic banks from 35 countries regarding Fintech adoption and customer experience’s elevation.

Path Solutions tops IBS Islamic Sales League Table 2020

The company is part of the iconic IBSI Leadership Club 2020 for back office systems, topping the Islamic Banking category since 2017.

ADCB's digital, agile, and measured vision to graduate SMEs to corporate success

ADCB accompanies SME clients from their early days of being a start-up to when they transition into a more mature entity.

Saudi-based fintech company Halalah rebrands to Hala

The choice of the new name came after “a thorough rebranding exercise that redefined the company’s brand and product strategy, as it plans to swiftly roll out a set of services that will reflect its customer-centric proposition and values.

How Can Lebanon’s Fintech and Wider Financial Services Industry Thrive in 2020 and Beyond?

Despite these challenges, how has the Lebanese fintech and wider financial services industry been doing? Also, can it be a catalyst to help revive the Lebanese economy?

Covid-19 and Qatar: a lasting shift to virtual customer engagement?

While these solutions relate mostly to online payments, the pandemic has also transformed business-to-customer and business-to-business relationships in the banking sector.

Islamic banking software market maintains strong growth momentum

The Middle East and Africa will also offer several growth opportunities to market vendors during the forecast period.

New platform using data technology blockchain may boost GCC sukuks, says S&P report

Lockdown measures have demonstrated how the capacity of a company or a bank to shift its business online is critical for its continuity

Qatar Fintech Hub to Support Global Financial Services Providers with Establishing Operations in Middle Eastern Country

QFTH has been working cooperatively with NIUM, a Singapore based global financial infrastructure provider. Georges noted that NIUM has a presence in more than 65 countries, and plans to establish operations in Qatar.

Software AG awards Gulf and Levant partners at virtual summit

Celebrates strong channel growth and expands regional partner community with ITS and EHDF

Dubai International Financial Centre Invests in Innovative FinTech Start-up Companies

As part of DIFC’s commitment to developing the sector, more applications will be evaluated and further investments will be made by the fund to be announced within a short period.

Blockchain Technology to Facilitate International Collaboration in Banking

The international collaborations on blockchain-related projects are increasing significantly.

Citrix enables Jordan Kuwait Bank to adapt to the ‘new normal'

With the help of Citrix Gold Partner PRO TECHnology, the implementation of Citrix Virtual Apps and desktops was completed across all staff members responsible for getting critical functions to work remotely.

Bahrain unveiled major digital banking projects

Expand the use of contactless transactions

Blockchain technology to inject cash into Saudi Arabia banking sector

Saudi monetary authority uses blockchain technology to inject money into banking sector

Objectway Wins XCELENT Depth of Service Award

Celent also recognised that Objectway Client Engage and Conectus Onboarding provide “a comprehensive front-to-back Client Lifecycle Management offering allowing clients to identify prospects as well as onboard, with a user-friendly UI”.

Guiding you through the digital banking landscape in the UAE

Major banks in the UAE are using customer data to develop tailored offers and promotions

Will MENA Region Emerge as the Next Fintech Hub?

Interestingly, we’re also seeing the geographical diversification of fintech, with locations in regions such as Africa and the Middle East now competing with established financial powerhouses like London.

DIFC Fintech Fund invests in four startups

Through investing and providing the region’s most comprehensive platform, we can drive innovation across MEASA’s financial services sector.

MoneyGram partners Al Rajhi Bank in Saudi Arabia

The partnership covers both digital and walk-in channels and will enable strong customer growth in one of the world's largest remittance markets.